130 research outputs found

    Introduction to Tourism Satellite Accounts

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    Analysis of Japanese Hotel Employees\u27 Job Satisfaction and Its Association with Annual Income and Other Socio-Economic Variables

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    Researcher conducted quantitative analyses of Japanese hotel employees\u27 job satisfaction and its association with the other variables such as actual annual salary, desired annual salary, age, gender, highest education, years in the industry, number of jobs switched, size of the hotel etc. While some of the descriptive statistics might indicate that overall mean score of the job satisfaction appears to be improving, the research revealed where the increased variances of satisfaction might have come from. Series of hypotheses testing based on the industry-generated questions were conducted. While there were substantial evidences to support some allegations, relatively huge variances often indicated that the reality around the job satisfaction would be more complicated than simple linear modeling can explain its variances

    Quantifying the Impacts of the Recent Economic Crisis on a Regional Tourism Industry and Economy

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    The purpose of this study is to explore the accuracy issue of the Input-Output model in quantifying the impacts of the 2007 economic crisis on a local tourism industry and economy. Though the model has been used in the tourism impact analysis, its estimation accuracy is rarely verified empirically. The Metro Orlando area in Florida is investigated as an empirical study, and the negative change in visitor expenditure between 2007 and 2008 is taken as the direct shock. The total impacts are assessed in terms of output and employment, and are compared with the actual data. This study finds that there are surprisingly large discrepancies among the estimated and actual results, and the Input-Output model appears to overestimate the negative impacts. By investigating the local economic activities during the study period, this study made some exploratory efforts in explaining such discrepancies. Theoretical and practical implications are then suggested

    The Economic Footprint of the Rosen College of Hospitality Management in the Metro Orlando Area

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    The report documents the economic value of the Rosen College of Hospitality Management (RCHM) to the Metro Orlando area. The purpose of estimating the economic value of the program is to calculate the increased economic activities in the Metro Orlando area as generated by college degree attainment through the RCHM. The report is the result of an assignment commissioned by the Dean of the RCHM. The report assessed the economic impact of the alumni of the College during the period from 2000 to 2012. In that period, more than 5,000 students earned a degree either at the undergraduate or graduate level. The College was able to steadily increase the graduation growth rate, albeit at a slower pace since 2010. The report is premised on a broad focus of the potential economic impact of alumni from the RCHM, i.e., the earned wage when integrated in the labor market. The report did not consider the productivity that college degree holders could spawn in the economy; nor did the report contemplate the social return of higher education. The report follows an economic based approach by only considering the direct and indirect economic effects that the expenditures associated with the wage differentials infuse into the Metro Orlando area\u27s economy. It treats the RCHM like any other firm sans consideration for any spillover effects that higher education may have on a region. The total economic contribution of the College alumni surpassed 531million.Thisamountwastriggeredbythegraduatewagetotaling531 million. This amount was triggered by the graduate wage totaling 322 million over the period reviewed, which generated spillover effects in terms of 96millioninbusinesstransactionsofgoodsandservicesand96 million in business transactions of goods and services and 113 million in increased households\u27 income. Additionally, the RCHM also supplies an economically valuable source of labor to the market in the form of interns. Based on the available data, the total economic value of RCHM interns in 2012 was estimated at 17,189,647.ThetotaleconomiccontributionoftheRCHMin2012(graduatesandinternstakentogether)amountedto17,189,647. The total economic contribution of the RCHM in 2012 (graduates and interns taken together) amounted to 69,263,647. This amount includes $52,074,000 that stems from 789 graduates and 2,676 RCHM internship students that work on average 25.1 labor hours per week as interns. The value of the RCHM is clearly manifested in the sizeable amount of graduates, interns supplying the labor market, the high number of degree attainment and the commensurate economic contribution of the alumni to the Metro Orlando area (Orange, Osceola and Seminole counties)

    Quantifying the Impacts of the Recent Economic Crisis on Regional Tourism Industry and Economy

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    The purpose of this study is to explore the accuracy issue of the Input-Output model in quantifying the impacts of the 2007 economic crisis on a local tourism industry and economy. Though the model has been used in the tourism impact analysis, its estimation accuracy is rarely verified empirically. The Metro Orlando area in Florida is investigated as an empirical study, and the negative change in visitor expenditure between 2007 and 2008 is taken as the direct shock. The total impacts are assessed in terms of output and employment, and are compared with the actual data. This study finds that there are surprisingly large discrepancies among the estimated and actual results, and the Input-Output model appears to overestimate the negative impacts. By investigating the local economic activities during the study period, this study made some exploratory efforts in explaining such discrepancies. Theoretical and practical implications are then suggested

    Tourism to Japan: Quantitative analyses on perceived image of Japan as a Travel Destination

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    While some previous reports in Japanese claimed several factors as important and effective to attract foreign visitors to Japan, namely inbound visitors, this report may be the one of a few with scientific and quantitative data analysis to back up the findings. Respondents\u27 profiles were collected at the same time so that we can not only view the general profiles of respondents but also conduct advanced statistical analyses

    Disclosing the Economic Impact of the Vacation Home Industry on Osceola County: A 2016 Affirmative Report

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    The purpose of this report is to assess the economic impact of the vacation home segment in the Kissimmee/Osceola area. The report was commissioned by Experience Kissimmee in response to the growing significance of the vacation home segment in the tourist industry of the county. The 2008 report from the Dick Pope Sr. Institute for Tourism Studies (DPITS) of the Rosen College of Hospitality Management at the University of Central Florida served as the baseline for the current DPITS report
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