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FOCUS: TOURISM ECONOMYCRAINS CHICAGO BUSINESS MAY 2, 2005 29CRAINS LIST CHICAGO The LARGEST HOTELS Ranked by number of guest rooms as of 12/31/04* Hotel Address/phone/Web addressGeneral managerial
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01
Identify the potential: Conduct research to identify the tourism potential of the region or destination. This includes analyzing factors such as natural attractions, cultural heritage, infrastructure, and accessibility.
02
Develop a tourism strategy: Create a comprehensive tourism strategy that outlines the goals, objectives, and action plans to develop and promote tourism in the area. This could involve collaboration with stakeholders, such as government bodies, local communities, and tourism industry professionals.
03
Infrastructure development: Focus on enhancing the existing infrastructure and developing new facilities to support tourism activities. This includes improving transportation systems, accommodations, public services, and tourist amenities.
04
Market research: Conduct market research to identify the target audience and understand their preferences, needs, and expectations. This will help in designing and promoting tourism products and experiences that cater to their interests.
05
Marketing and promotion: Implement a robust marketing and promotion strategy to create awareness and attract tourists. This could involve online and offline campaigns, participation in travel trade shows, use of social media, and collaborations with travel agents and tour operators.
06
Product diversification: Enhance the tourism product portfolio by diversifying offerings. This could involve developing new itineraries, promoting unique experiences, supporting local artisans and craftsmen, and creating sustainable tourism practices.
07
Capacity building: Invest in training and capacity building programs to enhance the skills and knowledge of the local tourism workforce. This includes providing training on customer service, hospitality, guiding, and sustainable tourism practices.
08
Collaboration and partnerships: Foster collaboration and partnerships between different stakeholders, including government, local communities, tourism associations, businesses, and NGOs. This allows for the sharing of resources, knowledge, and best practices to drive the tourism economy forward.

Who needs focus tourism economy?

01
Destinations or regions with untapped tourism potential
02
Governments looking to diversify their economy and create employment opportunities
03
Local communities seeking socio-economic development
04
Tourism industry professionals, businesses, and entrepreneurs looking for investment and growth opportunities
05
Travelers and tourists interested in exploring new and authentic destinations
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Focus tourism economy refers to the specific industry sector that focuses on promoting and developing tourism-related activities within a certain geographic area.
Businesses involved in the tourism industry, such as hotels, tour operators, and travel agencies, are required to file focus tourism economy reports.
Focus tourism economy reports can be filled out online or submitted in person to the relevant tourism department. The report should include details on revenue generated from tourism activities and any investments made in the sector.
The purpose of focus tourism economy is to monitor and promote the growth of the tourism industry within a specific area, leading to economic development and job creation.
Information such as revenue generated from tourism activities, number of tourists, investments in tourism infrastructure, and marketing strategies must be reported on focus tourism economy.
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