Based on the design concept of the Internet of Things, this paper combines the current development status of agro-ecological parks to apply the Internet, big data, cloud computing and image recognition and other cutting-edge mainstream technologies to establish an intelligent . Figure 9: Share of regional economies scoring above average for natural resources and environmental sustainability. NBT's singular potential to create jobs and growth, while . As a result, the global physical oil market is astronomical in size and has a significant economic and geopolitical influence, with a few countries dominating global oil production. Figure 9 provides a regional view of the challenge. From a destination point of view, many governments have also adapted to changing conditions to take advantage of shifting demand dynamics. While these challenges may be difficult, the flexibility and adaptation the T&T sector has shown in the past few years also indicates that sector stakeholders are more than capable of rising to the occasion. Some of these include the promotion of attractions and events that disperse visitors so they are not concentrated only in certain areas, time-based dynamic pricing, the creation of pedestrian-only zones, defining the carrying capacity of city areas, focusing on lower-impact visitor segments, ensuring local communities benefit from tourism, engaging with local stakeholders and monitoring the impact of tourism, including through the use of big data.61, T&T stakeholders can also play a more active role in broader sustainable mobility efforts and trends that can help to reduce the sectors environmental impact, manage demand and make destinations more attractive for visitors and residents. Travel and tourism contributes to 51% of the total employment of the country. The use of big data and various digital platforms and technology can also help seamless travel and act as health and security tools by enabling safety protocols, biosecurity technologies and digital health certificates, thereby boosting traveller confidence. In addition, as already mentioned, creating a more highly skilled labour force will be an essential element and challenge in maximizing the use of ICT tools in T&T. Construction of an eco-agricultural tourism attractions management system based on the concept of circular economy. As already alluded to in the global context section above, the T&T sectors significant contribution to global economic and social development makes its recovery and long-term growth paramount. Environmental issues differ in these regions, but some examples include elevated climate-related risk (as measured by the Global Climate Risk Index), air and sea pollution, deforestation, poor wastewater treatment and inadequate preservation policies. Key Takeaways Gross domestic product (GDP) is the total value of finished goods and services produced within a country's borders during a specified period. Countries in the top-left quadrant are in a more optimal position from a resiliency point of view as they have favourable conditions for T&T operations but are also less reliant on it for their overall economic performance. For example, according to the World Economic Forums The Future of Jobs Report 2020, skills gaps in the local labour market were the number one barrier to adoption of new technologies in the transport and storage, and consumer sectors, the two sectors most closely tied to T&T.48 Furthermore, according to the WTTC, factors such as facilitation of labour mobility, upskilling and reskilling and promotion of education are vital elements in addressing the current labour shortage.49 Meanwhile, the past few years have shown how important policy stability, access to credit and creating more business- friendly regulatory and tax environments have been in supporting the T&T sector, especially SMEs that typically do not have the same resources and access to capital as larger firms.50. Ranked: The 10 Countries Most Dependent On Tourism - Forbes Global tourism industry - statistics & facts | Statista For example, Estonia, Latvia, and Lithuania have eased travel restrictions by creating an established travel zone. What benefits can rural tourism bring to a rural community, particularly during and after the COVID pandemic? At the same time, data reveals the extent to which certain larger nations rely on tourism. List of Countries by Tourism Income - AtlasBig.com Due to the above- mentioned factors, it is not surprising that a positive relationship has been found between ICT readiness and international tourism receipts.64 In the context of shifting demand dynamics, destinations with greater ICT readiness will be better positioned to diversify their markets and take advantage of trends such as the rising numbers of digital nomads and growth in nature-related travel. However, failing in these areas could also transform this key aspect of T&T operations into an increasingly acute barrier to future T&T growth. In 2016, travel and tourism contributed $7.6 trillion, or 10.2%, to total GDP, and the industry provided jobs to one in 10 people, according to the World Travel & Tourism Council. For instance, the World Travel & Tourism Council has introduced the Safe Travels protocols and certification stamp that can be used by T&T to show customers they are following standardized global health and hygiene practices.43, In general, underdeveloped health and hygiene infrastructure and access represents an acute challenge for many developing countries, with low- and lower-middle-income economies scoring 50.0% and 25.6% below average in the Health and Hygiene pillar. In Spain, tourism ranks as the third highest contributor to its economy. However, as shown in the Travel and Tourism Competitiveness Report 2019, because T&T growth is so dependent on factors such as infrastructure and health and hygiene, which if improved bring benefits to more than the tourism sector, sector leaders can play a valuable role in encouraging investment that benefits a countrys economy as a whole. While rising interest rates and debt levels represent a growing obstacle, government responses to the pandemic demonstrated their capacity to provide more comprehensive socioeconomic support, and the benefits of doing so, albeit during an unprecedented situation. This potential is also associated with social and environmental risks, which need to be managed and mitigated to maximize the sectors net-positive benefits. If proper efforts are made, from employee training and supporting SMEs use of ICT to fair and effective regulation of digital platforms and their impact on workers and destination communities, digitalization in T&T will become one of the driving forces in growing the sectors role in inclusive, sustainable and resilient development. Reddit Email Mapped: Top Countries by Tourist Spending Many people spend their days looking forward to their next getaway. The UNWTO Tourism Data Dashboard | Tourism Data In fact, even if we added all the remaining smaller raw metal markets, the oil market would still be far bigger. The above subsections of the key findings section explored how governments and destinations can institute policies to develop domestic and other forms of tourism. Moreover, there are specific efforts that can be made to manage T&T to prevent overcrowding and efficiently use a destinations carrying capacity. 29 The World Travel and Tourism Council (WTTC) data shows that, on average for the 117 economies covered by the index, domestic spending's share of T&T . 1. With T&T activities being severely restricted over the past few years, the greatest decline in index performance has come from the contraction of related operations and investment. The October World Economic Outlook projected the global economy would contract by 4.4 percent in 2020. The benefits of tourism for rural community development Real GDP among African countries dependent on tourism will shrink by 12 percent. Spain ($68.8 billion) 10. However, they could also lead to greater income and job insecurity. This will force many T&T segments to adapt. Metals form a critical building block of the global economy, playing a key role in infrastructure, energy technologies, and more. Factors such as accessible and quality education and staff training, supportive hiring and firing practices, programmes to source skilled labour, flexible working arrangements and efforts to improve labour productivity can help equip T&T companies with a workforce that can improve operating efficiency, provide quality services, maintain flexibility in the face of evolving business needs and challenges and take advantage of the growing role of ICT tools. The tourism economy represents 5 percent of world GDP Tourism contributes to 6-7 percent of total employment International tourism ranks fourth (after fuels, chemicals and automotive products) in global exports The tourism industry is valued at US$1trillion a year Tourism accounts for 30 percent of the world's exports of commercial services Such systems allow T&T operators to benefit from factors such as a larger and more diverse consumer base and common market rules. For instance, the Macao Government Tourism Office has worked with a major Chinese multinational technology company to optimize visitors travel experiences before, during and after trips; obtain insights into travellers behaviour through in-depth analysis of big data; and monitor, divert and disperse visitor flows at tourist districts and congested areas. Furthermore, digitalization enables T&T businesses to gather consumer insights and preferences, optimize operations, cut transaction costs and automate processes.63 Online platforms also enable T&T service providers, including SMEs, to reach beyond their local markets and connect with broader domestic and international markets. Rebuilding tourism for the future: COVID-19 policy responses and - OECD Breitbart Business Digest: Italy's Tourism Economy Is Booming Besides being the primary energy source for transportation, oil is a key raw material for numerous other industries like plastics, fertilizers, cosmetics, and medicine.
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