Hi, need to submit a 1500 words paper on the topic Englands Tourism. It acts as regeneration support in both urban and rural areas. England Tourism is healthy, liberate industry that contributes to the wealth and employment of the nation. It also acts as a support for many other services and the manufacturing sector. There is also increasing competition from the overseas market. “Growth in international tourism in the second half of the twentieth century is a reflection of a range of changes taking place in the global economic, social and political environments. Foremost among these changes is the widespread and rapid economic growth that has made travel more feasible for an increasing number of the world’s population and the improvements in transport and communication technology which have made high-volume leisure or business travel possible to distant destinations”.(Embracing and Managing Change in Tourism: International Case Studies, by Bill Faulkner, Eric Laws, Gianna Moscardo, Routledge 1998, Page 2)
Demand is a desire for a commodity-backed by the willingness and ability to pay a price. Demand is always related to a price. Supply means how much of goods will be offered for sale at a given time. Supply and Demand are two important concepts that link the market behavior of the consumer with the price. The study of tourism development can be addressed from either demand or supply-side perspective. Demand stress changes in the market conditions which affect people’s motivation to travel and the factors which in effect their ability to do so. The demand factors include- increase leisure time, disposable income, etc. The supply-side focuses on the benefits were the development of tourism brings and how to increase its growth. The demand factor in the tourism industry includes a decision to purchase holidays with friends and families is based on individual decision making. The supply part tells about tourism depends on natural as well as human-made resources.