Rec470 f06 recreation Tourism economics

Rec470 f06 recreation Tourism economics - Que 4‘10...

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Unformatted text preview: Que 4‘10 Tourism Economics: Tneome Multiplier Hotel Example Hmel San Diego Number ofhotel rooms 2 £0 " ber ot‘uests on April 20. 2006 : l00 I Rate for 3 room a $1007 , From each guest room rate of$1007 Dificl’ Hotel Retains $I20'las profit Hotel pays $40 ps employee wages Hotel pays $20 to linen supply contrac r Hotel pays $20 to hotel security contract r ' 1 Hotel employee households spend $20_on groceries, $10 onjiousing, and $10 on transportation Linen employee households spend $10 on housing and $10 on groceries Security employee households spend $10 ’on housing and $10 on transportation l‘fid \ H 5 ,0 a A “meal Keynesian or Type III Income Multiplier per guest = Total Direct, Indirect: and Induced Income per guest Total Sales per guest Economic Impact of Tourism (Income) on April 20, 2006 = Number of Tourists X Average Spending per Visitor X Multiplier Tourism Eeor‘iamics; Employment Multiplier Hotel Example liozel San Bier «‘ Number er‘ he o .. c Number ot‘guest on April :39, 3006 : b13432 p -’ '\ “'7‘” 3.: ES GU tel rooms : rum. fer 3 me i From each guest room rate of$ 100, Hotel generates 4 employees Linen supply contractor generates 2 employees Security contractor generates 2 employees Hotel, Linen, and Security employee households generate 2 grocery, 2 housing, and 3 transportation employees Keynesian or Type 111 Employment Multiplier per guest = Total Direct= Indirect, and Induced Employment per guest Total Sales per guest (/5 Economic Impact of Tourism (Employment) on April 20, 2006 = Number of Tourists X Average Spending per Visitor X Multiplier 6W ...
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