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A Review of Assessing the Economic Impact of Business Tourism: Issues and Approaches

International Journal of Hospitality and Tourism Systems

Volume 7 Issue 2

Published: 2014
Author(s) Name: Jeetesh Kumar, Kashif Hussain | Author(s) Affiliation: School of Hospitality, Tourism and Culinary Arts Taylor’s University, Lakeside Campus, Malaysia.
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Abstract

Business tourism has become an important economic sector in many parts of the world, and many regions, states, and local areas have identified expenditures by business tourists as a potential source of economic growth. Because their spending can contribute to the local economy, many communities seek to enhance business tourism and business tourists-oriented activities. A wide variety of parties are interested for economic impact estimation of business tourism. The current research identifies key considerations and issues that affect and are serious to reliable estimates of the economic impacts of business events and business tourism.

Keywords: Business Tourism, Economic Impact, Impact Assessment Models

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