Analysis of Tourism Policy, Planning and Development in Singapore - Term Paper Example

2) contextualized the benefits of tourism in their discussion of the economics of destinations.... For example, singapore works on promoting itself as an Asian urban destination.... The public relation initiatives that sell the location as a product focus on the urban amenities that singapore has to offer.... One of the consequences of this development is the emergence of the destination tourism model, which entails the identification and promotion of localities as a result of their location, natural attraction and tourist-oriented facilities (Binns & Nel 2002, p....

UNWTO (3) stated “Participants at a major United Nations Conference on Trade and development (UNCTAD XIII) have underscored the role of tourism as a vital service sector, contributing to GDP and employment in developed and developing countries alike.... However, marketing in respect of individual companies in the industry should be backed up with effective planning and establishment of standards and communication facilities for sustainable future growth.... Importance of tourism in the Economy Introduction Tourism is a major foreign exchange earning industry in many countries....

Contents Abstract 2 Introduction 4 Formulating Economic Policies for Singapore 4 Current Economic Management Philosophy 6 Tourism policy instruments 7 Conclusion 11 Reference 12 Introduction The Ministry of Trade and Industry Singapore helps in directing policy formulation with reference to developing industry and trade in singapore.... A corporate social responsibility perspective was also considered while formulating the economic strategies in singapore.... The incorporation of corporate social responsibility in various business enterprises has been a critical factor while considering strategy formulation for economic policies in singapore....

As well in singapore, food is constantly readily and available, and there are many different cuisines that are available to the general population.... Religious tolerance is also incredibly essential in singapore, and because of the racial tolerance that is considered normal and natural throughout the area of Singapore, there are few to no racial disputes, or disputes of any other kind for that matter, as the violence rate in singapore is incredibly low....

Already the heat of interest generated by the forthcoming mega event has filled up the air in singapore.... The record crowds and the significance of the event require a deep analytical study to assess the impact of it on foreign tourist arrivals in singapore during the period up to the run-up.... The paper "singapore Formula One Grand Prix Management Concept" states that the sports recreation and tourism event management industry encompasses a great network of individuals and firms, there is a still larger strategically important competitive and operational environment....

One of the consequences of this development is the emergence of the destination tourism model, which entails the identification and promotion of localities as a result of their location, natural attraction and tourist-oriented facilities (Binns & Nel 2002, p.... It is not surprising, hence, when countries, especially the developing economies, integrate tourism strategies in their overall economic policy.... This report "Destination Management System and Destination tourism" focuses on an inter-organizational information technology infrastructure....

It further gives recommendations on how the negative impact The above chart shows the tourism trend in singapore.... ourism has negative economic impact in singapore.... ingapore is a hub of tourism in the Asian region.... The direct effects of tourism are those resulting from the spending of the tourists.... he indirect economic effects are those that result from stimulation of the direct effects of tourism....