Tourism Expenditures
Anything that can be purchased is a commodity. By creating tourist attractions, the tourism industry tends to commodify almost all aspects of the contemporary world. This is known as commodification.
The UNWTO has defined a tourism commodity as any good or service for which a significant portion of demand comes from persons engaged in tourism as consumers.
Significant portion is not defined, however, if we assume that this is more than 50 percent, then a tourism commodity is any product or service for which at least 50 percent of the buyers are tourists. (Depending on the product, service and place, the tourist demand could be less than 50 percent.)
Furthermore, almost anything can become a tourist attraction, with the right marketing.
Attractions
can include forms of transportation (e.g., San Francisco ’s Cable Cars), food and beverage (e.g., wine tourism in California).
The magnitude of tourism as an economic activity in a destination is usually measured primarily by estimating the total expenditures made by visitors in the course of at trip(or on behalf of a visitor, such as contracts with a hotel made by a tour operator inassembling a tour for sale).
A few purchases before and after a trip can be considered part of the trip ’s expenses, such as the purchase of consumables made immediately before departure, such as gas for the car, and expenditures such as the dry
cleaning of travel clothes immediately after the trip.
Anything that can be purchased is a commodity. By creating tourist attractions, the tourism industry tends to commodify almost all aspects of the contemporary world. This is known as commodification.
The UNWTO has defined a tourism commodity as any good or service for which a significant portion of demand comes from persons engaged in tourism as consumers.
Significant portion is not defined, however, if we assume that this is more than 50 percent, then a tourism commodity is any product or service for which at least 50 percent of the buyers are tourists. (Depending on the product, service and place, the tourist demand could be less than 50 percent.)
Furthermore, almost anything can become a tourist attraction, with the right marketing.
Attractions
can include forms of transportation (e.g., San Francisco ’s Cable Cars), food and beverage (e.g., wine tourism in California).
The magnitude of tourism as an economic activity in a destination is usually measured primarily by estimating the total expenditures made by visitors in the course of at trip(or on behalf of a visitor, such as contracts with a hotel made by a tour operator inassembling a tour for sale).
A few purchases before and after a trip can be considered part of the trip ’s expenses, such as the purchase of consumables made immediately before departure, such as gas for the car, and expenditures such as the dry
cleaning of travel clothes immediately after the trip.