The Republic of Meychelles imaginary name) situated in the Indian Ocean, consists of two distinct groups of islands: the MahC group of 45 granitic islands, three of which contain almost all of the population and the outlying coralline group of 49 islands. The total land area is 171.4 square miles and its capital, Victoria, is situated on the largest island, MahC which is 17 miles long and 7 miles at its widest point. The Republic of Meychelles is one of the most isolated and scenically attractive groups of islands in the world, offering high quality beach holidays, based on year round sunshine and coral beaches fringed with tropical vegetation backed by attractive, accessible mountain ranges. The beginning of modem tourism in the Seychelles dates from the opening of the international airport on MahC in 1971. There are also cruise lines visiting the islands. Here is some data about Tourism statistics for Meychelles: 2015 71,626 2016 77,401 2017 86,093 | 2018 103,770 2019 90,050 Visitor arrivals_ 2014 Total 66,782 evernight visitors Cruiseshir 2.855 Visitors Total visitors 69,637 4573 2876 1549 7564 7618 76,199 8 0,277 87,642 111,334 97,668 Expenditure by category - 2019 (000 $) Expenditure by category - 2019 (000 $) Accomodation Restaurants Car rental Land transportation Excursions Air tickets Boat tickets Handicrafts Sports Other shopping Other items Total SE330,963 42,143 32,778 10,302 3 7,461 10,302 6556 27,159 13,111 10,302 6556 527,633 Net effect on balance of payments (2019) Tourism expenditure (excluding cruise visitors) Impouts (-) Net effect on balance of payments 527,633 168,314 359,319 Employment Hotels Restaurant Transportation Subtotal Other industries 2872 498 1109 4479 19.977 Government revenue (2019): 148,530 1. What is the average tourist expenditure in 2019? What is the % of tourism in total employment? 3. Demand/Supply a One of the biggest tour operators that is known worldwide, announces that year 2021 will be island year for especially new married couples and promotes "honeymoon in heaven" Discuss how would demand, supply and prices would change? b. Meychelles government decides that some more islands could be opened for tourism and invites investors and tour operators as a result of a sustainable tourism project. Discuss how would demand, supply and prices would change after these investments ? If the room number is 50 and the price per room is 50 S in one of the small islands in 2016, and the room number increases to 100 in 2019 and the price to 75S, what is the supply elasticity for this small island ? 4. Why is sustainable tourism important for Menschelles? 5. What may be the positive and negative impacts of tourism in Meyschelles? What can you say about the impact of tourism on economy of Meyschelles