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The image is a flowchart starting with "New hotels set up" leading to two outcomes "Create jobs directly in the hotels" and "Local businesses supply services". "Create jobs directly in the hotels" leads to "Workers spend their income in the local area; tax revenues increase" which leads to "The area becomes a more popular tourist destination, improving profitability and revenue for re-investment" and also "Money lost through leakage". "Local businesses supply services" leads to "Other companies are attracted to the area" which leads to "More jobs are indirectly created" connecting back to "Workers spend their income in the local area; tax revenues increase". "More jobs are indirectly created" also connects to "Taxes spent on improving infrastructure, image and tourist services" which feeds back into "The area becomes a more popular tourist destination, improving profitability and revenue for re-investment". There are no numerical data points, percentages, trends, or specific country/category/year information provided in the image.
Given the complexity of the image, the above description may not be entirely accurate.
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Note: Both the topic and the answer were created by one of our users.
The process shown in the diagram illustrates how change changes from a small resort to a large one.
First of all, when new hotels are set up, it brings in more jobs are created in the hotel. Local businesses can then supply services. At the same time, other companies are attracted to the area, increasing opportunities for native employees to find jobs. Subsequently, if workers have sustainable jobs, they spend their salaries on daily needs in the local place, thus generating more tax and income for the area.
For this factor, investment in infrastructure, image, and tourist services is funded by tax income, making the resort more attractive to tourists. Consequently, the hotel is well-known to a wider group, meaning that the profits and revenue for reinvestment are growing after the company’s investment due to acknowledging a potential development of the resort. In the final stage, owing to earning enough payback, new hotels are built and the lifecycle repeats.
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