Abstract

Research background: Tourism has become a favorable industry for many countries, considering the benefits it generates. The important part in reaching sustainability in tourism is to know how the local population perceives the effects of tourism. Tourism brings economic benefits, and on the other side it involves some economic costs, including government costs for infrastructure to better serve tourists, costs for local residents such as increased prices of goods and services, real estate, it generates seasonal unemployment, etc. Purpose of the article: The aim of this study is to investigate how residents perceive the economic impacts of tourism development in Vrnjačka Banja. Methods: Methods: The survey method was used to collect primary data. Data were processed by SPSS Statistics 23. The 14 defined statements of the economic impacts of tourism were subjected to Factor analysis. The internal consistency of the sample was carried out the Cronbach alpha coefficient. Findings & Value added: Results indicate that respondents perceive those impacts as more positive. Giving the fact that no research can be found in the scientific literature about how residents perceive the economic benefits and cost of tourism development in spa destinations, this study contributes to this field of study.

Highlights

  • In 2018 international tourism generated exports of $ 1.7 trillion, and it accounted for 10% of global GDP [2]

  • The aim of the paper is to investigate how local population perceives the economic effects of tourism on the example of Vrnjačka Banja

  • The 14 items of the positive and negative economic impacts of tourism were subjected to Factor analysis using SPSS

Read more

Summary

Introduction

In 2018 international tourism generated exports of $ 1.7 trillion, and it accounted for 10% of global GDP [2]. In 2019 international tourist arrivals continue to grow, but in 2020 due to COVID-19 pandemic crisis the number of tourists around the world dropped sharply in August by 79% [3]. Tourism creates economic benefits for tourism destinations, after the introduction of sustainable tourism development it became important to investigate and present all of its positive and negative effects. The aim of the paper is to investigate how local population perceives the economic effects of tourism on the example of Vrnjačka Banja. Vrnjačka Banja is the most visited spa in Serbia and the most visited destination in Serbia after Belgrade. It is a small town tourism destination with 27.527 inhabitants, and a growing number of tourists in the last few years [4]

Objectives
Methods
Results
Conclusion
Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call