A. ROAD TRANSPORT- dominated by motor cars and coaches that provides door- to- door flexibility‚ gives view of the landscape and a means of transporting recreational equipment. B. RAIL TRANSPORT- provides examples of the specific development of a country. It competes with road transport in terms of time and distance- from city center to city center. C. AIR TRANSPORT- their main market is the visitors who give utmost importance to speed and range. This is available in scheduled and chartered
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Introduction Tourism is one of the world’s fastest growing industries and is a major source of income for many countries. Being a people-oriented industry‚ tourism also provides many jobs which have helped revitalise local economies. However‚ like other forms of development‚ tourism can also cause its share of problems‚ such as social dislocation‚ loss of cultural heritage‚ economic dependence and ecological degradation. Learning about the impacts of tourism has led many people to seek more responsible
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Indirect Impact of Tourism: An Economic Analysis Executive Summary The main purpose of this report is to show the importance and the role of the indirect economic effects of tourism on growth and GDP‚ employment and foreign trade. Tourism’s role in the economy is often perceived as being limited to the hospitality industry (cafes‚ hotels and restaurants) and outbound and inbound travel agencies and carriers‚ which form the leading service sector in many countries. However‚ the economic impact of tourism
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What is Tourism? Tourism includes several social practices. All these have the small common characteristic that they are different and they are a ’departure ’ from normal life. These characteristics help us to define tourism‚ which according to the W.T.O (World Trade Organization) is the movement of people away from their normal routine of residence and work for a period of not less than 24 hours and not more than 1 year. Tourism is a free time activity because it gets along with its opposite
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The impact of United Kingdom Tourism on the Employment rate. Source : Travel and Tourism Economic Impacts 2012 United Kingdom UK Tourism had generated 938‚500 jobs in 2011 which is 3.0% of total employment in the UK economy. The Tourism employment includes airlines‚ transportation service‚ hotels‚ restaurant‚ travel agents and leisure industries directly and indirectly supported by tourism. According to the data‚ there is a decrease from year 2002 to year 2005. Fords end 90 years of British
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approach. First‚ tourism impacts and tourism in the Gross Domestic Product are pooled into the framework to better understand the impact of tourism in the whole economy. Finally‚ general equilibrium theories and the theoretical structure of an applied CGE model are briefly discussed to better understand the framework under which the tourism sub-sector interacts with the other sectors‚ sub-sectors and industries in the economy. Tourism Impacts[1] The impacts of tourism expenditure are
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In earlier days meaning of tourism was basic but now a day’s scenario is totally changed now as discussed by poon (1993) interest of tourists has diverted from popular destinations to more specific and virgin locations to meet their individual needs. These tourists are more adventurous‚ more experienced‚ travel for fun‚ independent and with more cash in their accounts. Special interest tourism is new concept of tourism where there are additions in the type of tourism. Now days it is being created
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course the economic benefits brought by tourism. It is well-known that tourism is one of the four pillars of the Hong Kong economy. In 2010‚ it contributed to 4.4 percent of Hong Kong’s GDP.(http://www.gov.hk/en/about/abouthk/factsheets/docs/tourism.pdf) It is not difficult to understand why the government keeps on thinking ways to boost the already vigorous tourism. However‚ is the local community able to share the fruits of it? Does the development of tourism bring drawbacks to the community? In the
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BP6910 International Business Management Section 88 McDonald’s Corporation in Thailand Report to Dr. White By Jin Yi L . 5569010 Table of Contents Executive Summary…………………………………… 3 Corporate Background………………………………. 4 Situation Analysis PEST Analysis…….……………………………………….. 5 SWOT Analysis……………………………………………. 7 Five Forces model……………………………………….. 9 International Strategic plan. ……………………….. 11 Conclusion &Recommendations…………………... 13 References…………………………………………………
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Country Profile Official Name and Flag Thailand * Officially the Kingdom of Thailand * Formerly known as Siam * On July 20th‚ 1948‚ the Siamese constituent assembly voted to change the name of Siam to Thailand‚ the change to come into effect the following year. Muang Thai or Thailand means ‘land of the free’ and the name had been changed before‚ in 1939 under the fascist military dictatorship of Field Marshal Luang Phibunsongkhram‚ but the anti-Axis powers refused to recognise
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