Performance of Zanzibar tourism industry: factors influencing availability of foreign exchange earnings
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Date
2009
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
University of Dar es Salaam
Abstract
Tourism is one of the largest and fastest growing industries in the small island developing state (SIDS). It is an increasingly important source of income, employment and wealth in the world. International tourism currently accounts for a larger share of foreign exchange receipts and export earnings than any other industry in the world (WTO, 2004). The main objective of this thesis is to analyze the factors influencing availability of foreign earnings. This thesis carries out to analyses annually data and be tested by OLS time series regression analyses. The results of the estimation showed that the variable of tourist arrivals and number of hotel beds found to be statistically significance and their coefficients’ signs were positive as expected, while variable of promotion was statistically insignificance. This concludes that the tourist arrivals and hotel bed are factors that influence availability of foreign earnings from the tourism industry in Zanzibar.
Description
Available in print form, East Africana Collection, Dr. Wilbert Chagula Library, Class Mark (THS EAF G155.Z35K4752)
Keywords
Tourist trade, Tourism, Foreign exchange, Zanzibar
Citation
Khatib, S. S (2009) Performance of Zanzibar tourism industry: factors influencing availability of foreign exchange earnings, Master dissertation, University of Dar es Salaam