Resort Town Economy
If the resorts or tourist attractions are seasonal in nature (such as a ski resort), resort towns typically experience an on-season where the town is bustling with tourists and workers, and an off-season where the town is populated only by a small amount of local year-round residents.
In addition, resort towns are often popular with wealthy retirees and people wishing to purchase vacation homes, which typically drives up property values and the cost of living in the region. Sometimes, resort towns can become boomtowns due to the quick development of retirement and vacation-based residences.
However, most of the employment available in resort towns are typically low paying and it can be difficult for workers to afford to live the area in which they are employed. Many resort towns have spawned nearby bedroom communities where the majority of the resort workforce lives.
Resorts towns sometimes struggle with problems regarding sustainable growth, due to the seasonal nature of the economy, the dependence on a single industry, and the difficulties in retaining a stable workforce.
Read more about this topic: Resort Town
Famous quotes containing the words resort, town and/or economy:
“If the worker and his boss enjoy the same television program and visit the same resort places, if the typist is as attractively made up as the daughter of her employer, if the Negro owns a Cadillac, if they all read the same newspaper, then this assimilation indicates not the disappearance of classes, but the extent to which the needs and satisfactions that serve the preservation of the Establishment are shared by the underlying population.”
—Herbert Marcuse (1898–1979)
“The town is silent. The night boils with eleven stars.
Oh starry starry night! This is how
I want to die.”
—Anne Sexton (1928–1974)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)