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Tourism is extremely labour intensive and a significant source of employment. It is among the world‘s top creators of jobs requiring varying degrees of skills and allows for quick entry into the workforce for youth, women and migrant workers. It accounts for 30 per cent of the world‘s export services. source: http://www.ilo.org/wcmsp5/groups/public/@ed_norm/@relconf/documents/meetingdocument/wcms_166938.pdf Main Factors The main factor that affects most business is the degree of competition - how fiercely other businesses compete with the products that another business makes. The other factors that can affect the business are: Social - how consumers, households and communities behave and their beliefs. For instance, changes in attitude towards health, or a greater number of pensioners in a population. Legal - the way in which legislation in society affects the business. E.g. changes in employment laws on working hours. Economic - how the economy affects a business in terms of taxation, government spending, general demand, interest rates, exchange rates and European and global economic factors. source: http://www.ukessays.com/essays/tourism/external-factors-and-influences-on-the-hotel-industry-tourism-essay.php#ixzz3i8fAq0iU Tourism of the past and present has served as a way to define oneself. As time went on experience instead of material goods became the way of establishing status. Tourism provided that experience for many Americans. According to Rothman, through tourism, people acquire intangibles, making it the successor to industrial capitalism because material goods no longer fulfilled or created status. During the period of 1880 to 1940, promoters touted tourism as a patriotic duty in which Americans reaffirmed their American-ness by following the footsteps of history first-hand. Tourism was a form of commercial patriotism in the early 20th century. During World War I, promoters advertised domestic tourism as a way to support the American economy. Shaffer’s stated thesis is that the production of tourist landscape and consumption of the tourist experience was central in developing national culture. According to Shaffer, tourism reshaped and redefined the built and natural environment and influenced the way people defined and identified themselves as Americans. source: http://www.inforefuge.com/history-american-tourism I really hope this helps you out :)