Multiplier effect-employees of businesses who serve tourists spend a higher proportion of their money locally on various goods and services.This chain reaction called the multiplier effect, continues until there is a leakage ,meaning that money is used to purchase something outside from the area.
Source: Shehara Rizly.(2021.)NTO:Hong Kong Launches New Campaigns.Travel Talk-Middle East.
Quote from the article:Muslim travel segment from GCC region is very important for Hong Kong due to its potential of high-yield overnight visitors opting for longer stays, which create a multiplier effect on Hong Kong’s tourism economy. The HKTB has devoted more focus to attract Muslim tourists and highlight halal-friendly offerings and dining options for Muslim visitors through different promotional channels.
My thoughts: Total effect of both direct and indirect ,tourism expenditures have in the local economy.Hong Kong is creating more options and effectively ideas for their guest’s ,not only it will provide comfortable stay for their muslim’s guests but also it will bring more expenditures to the economy.
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