2 Competitive Forces in the Tourism Industry Page 4 Conclusion Page 6 References Page 6 Introduction: This paper will be dynamically examining the tourism industry during the 2000s. It will begin by using the PESTEL framework to analyse the macro environment and determine which factors drive the competitive forces within the industry. Following this‚ Porter’s Five Forces model will be used to analyse the actual competitive forces at work within the industry and determine the relative importance
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GREENING OF THE HOSPITALITY INDUSTRY: TOWARDS A CONSISTENT‚ MANDATORY‚ RATING STYLE GREEN HOTEL LABELING SYSTEM AN ARTICLE BY VERITY ILEY FOR THE ATTENTION OF THE EDITORIAL BOARD: HEATHER HARTWELL ‘JOURNAL OF FUTURE INDUSTRY ISSUES.’ IN PARTIAL COMPLETION OF BA (HONS) INTERNATIONAL HOSPITALITY MANAGEMENT 14TH MAY 2008 ABSTRACT: Environmental issues are of increasing concern nationally and globally. Consumers expect hotels to be environmentally friendly which is found to influence
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Price and Quantity Adjustments for Australian Tourism and Hospitality Products. EXECUTIVE SUMMARY: This report is aimed to provide knowledge about the fundamental microeconomics which is demand and supply. Through the research of books and online information‚ the following report demonstrates the information about the change in supply and demand by price and non-price determinants. These would be illustrated through the analysis of three different scenarios. In addition‚ the report also
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HISTORY OF HOSPITALITY Overview The history of the hospitality industry dates all the way back to the Colonial Period in the late 1700s. Things have changed quite a bit since then; the hospitality industry has experienced significant development over the years as it has faced World Wars‚ The Depression and various social changes. The industry as we know it today began to take form in the early 1950s and 60s‚ leading the way for growth into the dynamic industry we know today.(1) Origins Caring
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TOURISM DEVELOPMENT IN EGYPT by Student’s name [Code+ course name] [Professor’s name] [University name] [City‚ State] [Date] Table of Contents Table of Contents 2 2 2 Introduction 3 Tourism Industry of Egypt 4 Rationale for Selection of the Country 4 GDP of Egypt 5 Overview of the Tourism Industry 6 Role of the Private Sectors 8 Natural Change and Climatic Conditions 8 Theoretical Framework 9 TALC Model and Egypt 9 Carrying Capacity Factor 12 Dependency
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to describe the tourism policy and strategies in national and state contexts‚ to determine the inherent direction and prospects or potential in the tourism development of Kuala Lumpur as a tourist-friendly destination. The results show that some aspects need to be emphasized and have similarities in each of policies and strategies at the national and state level. This shows that policies made at national level could be followed at state level‚ so that each line of tourism development planning should
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CASE STUDY I: CULTURAL DIVERSITY AT NIKKO HOTELS INTERNATIONAL Nikko Hotels international is a subsidiary of the Japan Airlines (JAL) Development Company‚ Ltd. It was created as JAL’s diversification and globalization strategy to strengthen the company’s marketing and financial position. Known for its aggressive global marketing and application of new technology in hotel operations‚ the company is determined to establish a worldwide network of hotels comparable in number to Hilton‚ Sheraton
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CHAPTER 9 TOURISM Kerala is a green strip of land‚ in the South West corner of Indian peninsula. Its unique feature‚ culture and traditions‚ coupled with its varied demography has made Kerala one of the most popular tourist destinations in the world. This Tropical paradise with its spectacular and diverse natural attractions has greatly attracted holiday makers from across the world. Kerala is one among the longest- lived‚ healthiest‚ most gender equitable and most literate regions makes it distinct
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Tourism Tourism is travel for recreational‚ leisure‚ or business purposes. The World Tourism Organization defines tourists as people "traveling to and staying in places outside their usual environment for not more than one consecutive year for leisure‚ business and other purposes" Tourism has become a popular global leisure activity. In 2011‚ there were over 983 million international tourist arrivals worldwide‚ representing a growth of 4.6% when compared to US$ 940 billion in 2010.[2][3] International
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for a Company in the Tourism Industry The Tourism industry is one of the fastest growing industries in the world. The World Travel and Tourism Council estimates that in 2004 Travel and tourism is expected to generate * US$ 5‚490.4 billion of economic activity * 10.4% of total GDP * 214‚697‚000 jobs or 8.1% of total employment * 12.2% of total exports [1] My task is to conduct a PEST analysis for a company within the Tourism industry. Within the tourism industry‚ I have to select one
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