71-80 ISSN 2229 -600X IMPACT OF RECESSION ON TOURISM INDUSTRY Sherwood College of Professional Management‚Lucknow ABSTRACT Tourism industry has contributed enormously in the flourishing graph of India ’s economy by attracting a huge number of both foreign and domestic tourists travelling for professional as well as holiday purpose. Terror threat‚ swine flu scare and hike in air fares and above all the great economic depression hit the tourism sector hard in 2009 with number of foreigners visiting
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Importance of Tourism | | | | | | Citizens now demand more meaningful involvement and more responsible and sustainable tourism practices. Local communities and Non Government Organizations today have a very important voice in the way in which tourism is developed and resources allocated. It is this more responsible and sustainable tourism that the Government of Trinidad and Tobago wishes to develop and promote. Tourism provides entrepreneurial opportunities for small operators‚ can foster
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Tourism Notes ------------------------------------------------- Year 1 Ronan Keane Table of Contents Forecasting Demand 4 Poor forecasting: 4 Most popular variable (as measurement for demand): 4 Causative (Econometric) 4 Econometric models 5 Non-causative (time series) 5 Non-causative (time series) 5 Qualitative forecasting 5 Problems and challenges 5 Gravity model 5 Limitations 6 Price and Income Elasticity in Demand 7 Elasticity’s of Demand in Tourism 7 Income
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Darryl Eugene Collins Tourism Management Hospitality 450 Instructor: Professor Marco Albarran Week 1 Assignment Chapter 1: Tourism in Perspective Chapter 2: Tourism through the Ages Chapter 3: Career Opportunities September 9‚ 2012 Chapter 1: Tourism in Perspective CASE PROBLEMS 1. Suppose that you are a high school economics teacher. You plan to visit your principal’s office and convince her that tourism should be included as part of one of your courses. What arguments
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• INTRODUCTION 6- 9 a) Brief description of Healthcare industry. b) Healthcare in India c) Tourism in India d) Medical tourism e) Review of literature CHAPTER 2 • MEDICAL TOURISM 10-39 CHAPTER 3 • Objective and sub objectives
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Basic Forms of Tourism: * Domestic tourism: * Is the tourism of resident visitors within the economic territory of the country of reference * Inbound tourism: * Is the tourism of non-resident visitors within the economic territory of the country of reference * Outbound tourism: * Is the tourism of resident visitors outside the economic territory of the country of reference * Internal tourism: * is the tourism‚ of both resident and non-resident visitors‚ within
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terrorism on tourism? The economic importance of tourism is undeniable. The impact of terrorism on a countries economy may be enormous. In an information free society‚ tourists might travel to destinations regardless of whether a terrorism threat exists or not. However‚ few information free societies exist. Via different forms‚ terrorism generates attention‚ which‚ when relayed back to tourists‚ has an impact on travel plans. Taken as a collective‚ these decisions affect tourism levels‚ which
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Globalization and Its Impacts Introduction Globalization is an accelerating process in today’s world. Countries and spaces are encompassed in spite of their geographic distances. Cross-border flows of information‚ capitals and labor have played an important role in economic‚ social and cultural development and the world becomes flattened with globalization. Globalization benefits the participating countries by motivating their economic growth‚ pushing forward social and cultural development‚ and
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....... 2 History of ICTs (Information and Communication Technologies) in Tourism Industry: ................................................................................................................ 2 Definition of e-tourism (Electronic Tourism):...................................................... 4 Relationship between ICT and E- Commerce (Electronic commerce) ................ 4 Relationship between Tourism and ICTs: ............................................................ 5 Advantages
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Youth Tourism Introduction Young people travel inside the country and abroad on holiday‚ to visit friends‚ to study‚ to understand various cultures as well as for adventure and relaxation. Psychologists look upon youth travel as part of their transition to adulthood. Domestic youth travel is regarded as an extension of the education process familiarizing young people with their country. There is no widely accepted definition of the youth travel market segment. This lack
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