Islands Business, November 2007
Tourism expenditure flows through the economies of the Pacific and benefits a diverse range of supportive sectors. In 2004, it was estimated that the tourism sector resulted in US$375 million worth of purchases of materials and supplies from within the local economies with a further US$274 million in other costs, including areas such as financial services and insurance. Therefore, every US$1 million of visitor expenditure generates around $660,000 in local wages/salary payments and other purchases that are made from local economies in the region. Tourism therefore contributes significantly to the improvement of livelihoods in the Pacific.
>>Full article