R&d (total Expenditureimpact)

  • June 2020
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Total Tourism Expenditure (in million USD)

Year 1999 2000 2001 2002 2003 2004 2005 2006 2007

Visitors

2170514 1992169 1796893 1932677 1907226 2291352 2623084 2843345 3091993

Daily exp. per Visitors 132.26 117.49 102.89 100.92 88.25 96.03 83.61 83.91 82.96

Length of Stay 8.91 8.79 9.53 9.12 9.17 8.06 8.55 12.06 16.7

Total Expenditur e 2557.81 2057.39 1761.93 1778.82 1543.43 1773.51 1875.15 2877.34 4283.75

By using the determinants of tourism discussed in the previous part, the total tourism expenditure is computed using the following formula:

Total Tourism Expenditure = No. of Visitors * Daily Expenditure/visitor *Length of Stay As shown to get the total tourist expenditure, the number of visitor arrivals is multiplied by the daily expenditure of each visitor and by the average length of stay of the visitors. Figure _ shows that the total tourist expenditure decline from1999 to 2003 but it manage to increase at a low rate from 2003 to 2005. Fortunately, a large boost in total tourist expenditure happened in 2006 and 2007.

Figure __. Trend in the Total Tourism Expenditure from 1999 to 2007 (in million USD)

Impact of the Total Tourism Expenditure on the Major Items of Tourism (in million USD)

Using the computed total tourism expenditure, the direct impact of this expenditure on the sectors providing the major tourism items was computed. The share on the major items of tourism on the total expenditure is obtained from multiplying the total expenditure by the percentage share of each item as shown in table 5.8. Year Accommodation 1999 1203.20 2000 863.69 2001 737.90 2002 706.37 2003 523.84 2004 448.17 2005 505.17 2006 740.05 2007 1052.94

Food and beverages

Guided tour

683.96 436.99 342.52 306.49 259.60 346.54 344.84 586.69 1022.53

16.11 5.55 4.76 1.78 1.70 1.24 7.88 10.36 5.57

Entertainment

577.81 341.73 213.37 168.81 138.14 222.58 207.20 204.29 305.43

Local transport

166.51 82.09 118.40 107.44 94.46 100.74 126.20 135.52 164.07

Miscellaneous

2557.81 2057.39 1761.93 1778.82 1543.43 1773.51 1875.15 2877.34 4283.75

As shown in figure __, a large part was recorded as miscellaneous expenditure because it includes the shopping expenses of the tourist. Accommodation receives a large portion of the expenditure, followed by food and beverages sector. Third largest portion goes to entertainment sector followed by the transport sector and guided tour.

Figure __. Share of the Major Items on Total Tourism Expenditure from 1999 to 2007 (in million USD)

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