Critical success factors for tourism‐led growth

Abstract

This research uses evidence of 116 articles to identify the critical success factors (CSFs) for tourism‐led growth (TLG). A dichotomous dependent variable was regressed against CSFs for various cross sections of 47 countries, spanning from 1995 to 2013. The results show that the safety and security of tourists, human resources, trade openness, protection of the environment, financial sector development, and technological development are CSFs for TLG. It follows from the results that the industrial development path decreases the odds of achieving success through TLG. Countries with more developed human capital and financial systems have better chances of achieving growth through tourism development.

Information and communication technologies and human resources in hospitality and tourism

“…Nevertheless, different types of clients perceive the service differently depending on their gender or cultural background (amongst other factors). Chingarande and Saayman (2018) Literature Review Success Factors  Success factors influencing tourism growth include human resources and technological development, as well as others such as tourist safety, commercial openness, environmental protection or financial development.  Countries with higher levels of human resource and financial system development stand better opportunities to develop the tourism sector to a greater extent.…”

Analyzing the Bidirectional Relationship between Tourism Growth and Economic Development

“…In addition, a third stream of studies has determined that there is a bidirectional causality between the expansion of tourism and economic growth in countries where that tourism takes place (Apergis and Payne 2012; Ridderstaat, Croes, and Nijkamp 2013; Hussain-Shahzad et al 2017; Kim, Chen, and Jan 2006). This is a bidirectional relationship of dependence that occurs with greater intensity in those countries with the highest level of economic development (Antonakakis et al 2019; Bojanic and Lo 2016; Chingarande and Saayman 2018; Tang and Tan 2018).…”

“…In addition to this possible unidirectional relationship between tourism, economic growth, and economic development, it is of undoubted interest if economic development influences, in turn, the expansion of tourism. Indeed, on the one hand, for a country to be configured as a tourist destination, it needs to have certain characteristics (a certain level of security, accessibility, and provision of energy), and on the other hand, these same characteristics determine, together with other factors, economic development at the country level (Chingarande and Saayman 2018).…”

“…However, a tourist destination needs to have certain characteristics (including accessibility, high levels of security, low pollution levels, and access to energy or Internet, among others) in order to increase tourism growth. These variables, in turn, determine the level of economic development of a territory (Cárdenas-García and Pulido-Fernández 2017; Chingarande and Saayman 2018).…”

Testing tourism-led economic growth and economic-driven tourism growth hypotheses

“…As a matter of fact, the study based on a panel dataset of 167 countries proposes that the eff ect of tourism on economic growth is contingent on levels of income and institutional qualities of the host tourism countries (Ivanov & Webster, 2012). Another research using the evidence of 116 articles to identify critical success factors for tourism-led growth has concluded that countries with more developed human capital and fi nancial systems have better chances of achieving growth through tourism development (Chingarande & Saayman, 2018). Th e tourism-economy relationship can also diff er from one country to another depending on the size and openness of the economy (Kim, Chen, & Jan, 2006) linkages between businesses within a destination (Dwyer, Forsyth, Madden, & Spurr, 2000).…”