The Economics of Recreation, Leisure & Tourism

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Now in its third edition, this comprehensive text has been fully revised to address the latest developments in leisure and tourism economics. It serves as a practical guide, explaining essential economic theories from first principles and applying them to various leisure and tourism issues at consumer, business, national, and international levels. Key themes include the determination of leisure and tourism provision, potential alternative methods of delivery, and the opportunities and threats facing the sector, including environmental impacts. The text adopts an international perspective, featuring examples from Brazil, China, India, Japan, Europe, North America, and Australia. This edition includes new chapters on regeneration, tourism as an economic development strategy, globalization, and the political economy of tourism. It introduces dependency theory and development economics, alongside a wealth of press cuttings, journal articles, and international case studies. User-friendly learning features enhance the experience, such as visual mapping of chapter contents, objectives, summaries, and short answer questions. The approach is practical and relevant, avoiding unnecessary theoretical discussions, ensuring that readers can easily grasp and apply the concepts presented.