It has no definition. Mind. What does it conceive? On the broader level, it involves entertainment, leisure related activities, wining, drinking etc. Generally speaking, industry involves a lot of firms doing various things while being engaging…
To date a lot of interpretations of this word have been seen but there could not been accurate definition of the word in literature. There have been just as many definitions as many researchers. According to Smith, 1998 chalking out an accurate definition of Tourism is perpetually impossible.
Tourism is essentially travelling around. Travelling is not restricted to just one forte. People travel for many reasons. Tourism has moved ahead by miles and bounds. Today it has become a global industry in leisure activity. The statistics claim that in 2008 there were a whooping 922 million international tourist arrivals. The growth has been phenomenal. It was 1.9 percent higher compared to what it was in 2007. International receipts emanating from tourisms hit 944 billion US dollars in 2008 which meant a real term growth of 1.8%.
Tourism is the lifeline and blood of some countries. So much so that this particular industry makes up a huge chunk of their GDP. These countries include the likes of Egypt, Greece, Lebanon, Spain, and Thailand. They also include archipelagoes such as the Bahamas, Fiji, Maldives and Seychelles. This is primarily because of the money for business that they take in for their goods and services and various other employment opportunities available to them in the service industry that are directly linked to tourism. Some of the popular service industries, linked to tourism include, transportation services, for instance airlines, cruise ships, taxicabs and hospitality services such as resorts and hotels
This meant that the tourism industry had been rocked by a growth rate of 5.5 % as opposed to a four percent growth rate during 2004. Tourism industry is a vulnerable industry. It can be affected by many things such as terrorist attacks, outbreak of diseases, political turmoil etc. the global economic out break and the spread of SARS during 2001-2003 were also some of the big blows for this industry.
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Changing demography and evolving global market have significantly impacted the hospitality industry. Kotler et al., (2007) have claimed that demographic compulsions influence market position. The demography changes vis-à-vis increased income, age distribution, population size etc., have tremendous impact on consumer behaviour.
According to Nash (2005), eco-tourism makes up about 7% of the tourism industry, with a growth estimated at 10% to 25% per year. Over the past 15 plus years, 'eco-tourism' has become an emerging and future market in the Tourism industry. Targeting a middle-income household, with an average income of US$60,000 - $130,000 per year, eco-tourism caters to an educated but non-elitist sector (Yoder, 1998).
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Numbers of European companies are in the market, offering great tourism and shipping services. This paper deals with TUI, the largest and leading Tourism Company in Europe. The paper is divided into four parts. The first part describes the background and current information about TUI.
The city council of Cambridge city has set up plans to ensure that challenges such as serving the visitors well are observed and attended to while at the same time conserving the environment of the region. This is basically the strategy of the city and forms the basis of decision making, work programmes and policy implementation.
Numbers of European companies are in the market, offering great tourism and shipping services. This paper deals with TUI, the largest and leading tourism company in Europe. The paper is divided into four parts. The first part describes the background and current information about TUI.
Hotelopia's advertisements through both the print media and its web-site describes itself as serving "30 million customers" and offering "reduced-rate accommodation to both the business and leisure traveller at over 25,000 properties, budget to five star" (Hotelopia Website) The USP of Hotelopia is that it offers guaranteed lowest hotel prices available at the time of booking online.
"The overall costs and risks of climate change will be equivalent to losing at least 5% of global GDP each year, now and foreverDamage could rise to 20% of GDP or more. These are risks of major disruption to economic and social activity, on a scale similar to those associated with the great wars and the economic depression of the first half of the 20th century"
The study provides brief profile along with various facets of operations and its effects on its business strategy and productions that how TUI has become the world’s leading and most demanding tourism industry and how it has maintained its
For their tourists, UK offers exceptional facilities and packages which include free security, free health care and hospital visits, excellent night life, historic places and architectural sites which are worth visiting. Europe is the second
12 Pages(3000 words)Case Study
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