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Economic Impact Of Cultural Tourism

Author

Listed:
  • Zadel, Zrinka

    (University of Rijeka, Faculty of Tourism and Hospitality Management Opatija, Croatia)

  • Bogdan, Sinisa

    (University of Rijeka, Faculty of Tourism and Hospitality Management Opatija, Croatia)

Abstract

The subject of analysis in the paper is economic impact of cultural tourism and identification of the main factors which directly affect cultural tourism revenues. Most countries do not have a statistical system of monitoring and analysing individual factors of cultural tourism such as the number of arrivals of cultural tourists and consumption of cultural tourists. Therefore, it is hard to assess the economic impact of cultural tourism. In cultural tourism, cultural assets are prepared and placed on the tourist market, i.e. cultural resources are transformed into cultural tourism products. The main objective is fulfilling tourists' needs, and achieving positive effects which includes economic effects. Identification of the economic impact of cultural tourism is important because cultural resources have an inestimable value for the local community. Tourism valorisation should be used in order to achieve the necessary maximum effects with minimum negative impacts which tourism may leave on cultural resources. The objective of the paper is to identify the economic contribution of cultural tourism in the Republic of Croatia and to propose a model of identification of economic impact of cultural tourism.

Suggested Citation

  • Zadel, Zrinka & Bogdan, Sinisa, 2013. "Economic Impact Of Cultural Tourism," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 4(3), pages 355-366.
    • Handle: RePEc:ris:utmsje:0091
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    Citations

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    Cited by:

    1. Onil Banerjee & Martin Henseler & Hélène Maisonnave & Lulit Mitik Beyene & Mercedes Velasco, 2017. "An integrated model for evaluating investments in cultural heritage tourism in the Dominican Republic," Tourism Economics, , vol. 23(8), pages 1568-1580, December.
    2. Jeeranan Thongsamak & Dr. Rungrawee Jitpakdee*, 2019. "Sustainability Indicator Analysis of Creative Tourism by Using the Delphi Technique: Case Study of Creative Tourism in Nakhon Si Thammarat Province, Thailand," The Journal of Social Sciences Research, Academic Research Publishing Group, vol. 5(1), pages 201-210, 01-2019.

    More about this item

    Keywords

    cultural tourism product; cultural tourism; economic impact; cultural tourists;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

    Statistics

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