Iceland: The relationship between the growth of tourism and economic development
- Created by: coconutchanel
- Created on: 06-04-16 21:09
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- Iceland: The relationship between the growth of tourism and economic development
- Icelanders have one of the highest standards of living in the world
- HIgh incomes
- Excellent heathcare and education services
- Successful ecotourism industry
- Attracted by the dramatic volcanic scenery, rugged coastline, glaciers and wildlife (whale watching)
- In 2006, 364000 tourists visited Iceland - more than the entire population
- Between 1995 and 2005, tourism was one of the fastest growing sectors of the economy
- Also an important earner of foreign currency
- Tourism increased by 30%
- Tourism supports 6900 jobs directly
- Tourism accounts for 5% of Iceland's GDP
- Niche market of tourists (wealthy Europeans and North Americans with an interest in he environment and wildlife)
- No budget airlines fly to Reykjavik
- The modest scale of tourism and the rugged landscapes mean that the ecological footprint of tourism is small and the industry is sustainable
- Tourism is based around the capital in the southwest
- Boosted economic development in the area
- Icelanders have one of the highest standards of living in the world
- Niche market of tourists (wealthy Europeans and North Americans with an interest in he environment and wildlife)
- No budget airlines fly to Reykjavik
- Reykjavik has now got a reputation as a chic centre for nightlife
- Large number of hotels nearby
- Tourism is based around the capital in the southwest
- Boosted economic development in the area
- Close proximity to only international airport in Keflavik
- 98% of foreign tourists enter the country here
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