In recent years, tourism businesses have had to face rapid changes brought about by modernisation, internationalisation, social changes, and the higher demands of tourists. These features have an impact on the current level of tourism services and determine the overall economic environment on the supply and demand side. To keep up with global and national competition and these new emerging processes, it is important for managers to discover and monitor how key global figures can have an impact on the future development of tourism units in the hopes to achieve further sustainability growth. Managers should adapt to the changing environment by using new methods and strategies that make tourism units sustainable for future generations. One of the main indicators measuring economic sustainability is gross domestic product, as it captures the market value of the measured services or goods in general. For this reason, it is worthwhile to determine what the interconnections with regard to gross domestic product and tourism variable are. Through this relationship, it is possible to evaluate the health of a certain economy of tourism that can serve as a viewpoint for the management of tourism businesses in a certain state. This research looks at the relationship between the chosen indicators from the tourism sectors of the Czech Republic and Norway. Its purpose is to identify the relationship between the chosen general economic indicators measuring tourism economic prosperity, such as overall gross domestic product for international travel expenditures within a 7-year period. The main aim of the research is to determine the relationship between the chosen indicators through comparison and trend analysis. The data will be examined in order to determine the relationship between the chosen variables, as well as the strength of the dependence of both variables. Based on these findings, further research may use gross domestic product as one of the crucial indicators for the measurement of economic sustainability with respect to its added value for tourism businesses and management.
The issue of sustainability is frequently discussed in relation to the tourism industry. This is as a consequence of the rapidly increasing demands of tourists and the fact that tourism is perceived as one of the driving forces behind economic growth in some destinations. This can lead to both positive and negative future impacts. The emergence and growing economic impact of tourism means that it is essential to devote research into the implementation of sustainability issues and measurement indicators with regards to future economic prosperity. Historically, one of the first needs of a tourist was the need for shelter against the elements. Nowadays, the understanding of what accommodation is has been extended to include comfort and relaxation. The pressure on the accommodation sector to apply sustainability measures in practice in order to adapt to changing demands and to protect its economic prosperity, is enormous. The aim of this study is to determine the relationship between the main economic sustainability indicators, gross domestic product, and the internal consumption of tourists in accommodation facilities. The hypothesis that a mutual relationship exists in the Czech Republic between gross domestic and the contribution of domestic and inbound tourism expenditure on accommodation, is tested through a correlation analysis. The results of this analysis were used to determine how urgent the need is to implement sustainability measures within the Czech accommodation sector and within the hotel industry.
The Žilina region is located in north-western Slovakia. Considering the amount of GDP, unemployment, employment and average wage, it belongs among the medium-performance regions in Slovakia. FDI is considered one of the factors promoting its sustainable development, economic performance and balancing regional differences. A positive aspect of FDI in terms of regional development is the fact that they contribute to an efficient allocation of resources, as investors are directing their investments in those regions where they expect the achievement of economies of scale. FDI began to increasingly flow to the Žilina region after 2004, in connection with the arrival of KIA Motors and establishing its subcontracting partners. The aim of this article is to point out the condition and development of economic performance and FDI in the Žilina region, and to demonstrate a causal relationship between FDI and the sustainable development of the region.
The article analyses the realization of the support from the EU structural funds in the regions of Lithuania. It has been investigated, in which areas and regions the funds have been most and least successfully assimilated. Socio-economic development of the Lithuanian regions has been analysed in the period of 2008-2011 and the influence of the assimilated EU support. Similarly, debatable questions of the region, its development and conception of regional politics have been studied.Statistical data from Eurostat, the Department of Statistics of Lithuania under the Government of the Republic of Lithuania and the Ministry of Finance of the Republic of Lithuania have been used in the research.