people travel to Vienna is for The Prater. It is an amusement park that dates back to the 1700s. In The Prater‚ the main attraction is the Giant Ferris Wheel which brought in about 660‚000 visitors in 2008. Positive Impacts Local Economy Vienna brings in a massive amount of tourism money into both the city and its surrounding areas‚ causing this region to have secure and stable economic growth. Vienna is recognized as one of Europe’s most successful city destinations by adding an approximate four
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Socio-cultural impacts of tourism in Turkey [pic] Date: 23 January 2009 Table of Content Page: Introduction…………………………………………………………..3 1.What are socio- cultural impacts in general?...........................3 2.What is the tourism development in Turkey (Mediterranean area)?………………………………………………………………... 3.What are the impacts for the Mediterranean area?.................. Conclusion…………………………………………………………. Introduction This report deals with the problem statement
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Intro Tung Chung is an area which is located on the Lantau Island. Right after the opening of the Hong Kong International Airport in 1998‚ it was developed as part of the Airport Core Programme. The government decided to make Tung Chung the first new town on an outlying island. First‚ the government began with the infrastructure there‚ housing is also built to attract more people move in. In 1998‚ the Tung Chung line of MTR was opened. It provided a much easier access of the region and thus rose
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The effects of tourism and its impact in the Philippines. Is the proliferation of mega malls in the Philippines beneficial to the country? Why? For me‚ the rapid growth of mega malls in the PH is not that beneficial to the country because it takes away the opportunities for other small time investors to produce and to build new businesses. There will be less opportunity for others who want to build their own business because of the monopoly they are creating and the center of market. Having
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Cost of terrorism – Effect of the September 11 attacks on tourism industry: 1The total economic impact of 9/11 is realistically immeasurable; however the world travel and tourism council has estimated the decrease of the travel and tourism demand world wide to be 10%. 2Job loss of 8.8 million people globally including airlines‚ hotels‚ tour operators‚ car rental and credit card companies‚ creating a 1.7% decrease of total GDP for the world economy. Terrorism is an inhuman act which is
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undersubscribed leading to Chase taking up the balance loan amount. Thus Chase had to set proper price for the loan (spread) and to include more sub underwriters to share the burden in the event of under subscription • Political Risks – The risk that the Hong Kong government may back track on their promises and that they may pressure them to include local banks in the syndication • Reputational risk – In the event that they put a bid that is not fair to other participants‚ this would taint their standing
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contributing to global warming. Moreover‚ especially in overpopulated Hong Kong‚ the high density of private cars causes massive traffic jams and accidents. Therefore‚ the environment would be better off if private cars were banned in Hong Kong. It would not only reduce the effect of global warming‚ but also decrease the risk of disastrous accidents. Therefore‚ I strongly believe that all private cars should be banned in Hong Kong for the benefit of our polluted society. Hospital deaths due to respiratory
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CONTENT AND FORMAT ENVIRONMENTAL IMPACT ASSESSMENT (EIA) Introduction EIA is an important tool for incorporating environmental concerns at the project level. EIA should be carried out as early as the project planning stage as part of feasibility thus it can assure that the project will be environmentally feasible. The general objectives of the EIA study are to provide; (i) (ii) (iii) (iv) (v) baseline information about the environmental‚ social‚ and economic conditions in the project area; information
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Hong Kong Salary Report 2010 Sourcing Industry Hong Kong Salary Report 2010 SECTOR TRENDS – RETAIL & SOURCING Hong Kong’s retail sector has been affected by the global economic crisis. Hiring activity remains subdued in the aftermath of store closures‚ shelved expansion plans and the weak trading results of major brands. The position is different in mainland China‚ where major retail brands continue their growth. The demand from global retail‚ manufacturing and trading companies for sourcing
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TOBACCO vs. DEVELOPMENT Consumption trends in IIT Kharagpur. Are we biting the hand that feeds? Chetan Pandey Executive Summary This paper attempts to understand the general consumption trends of tobacco in its different forms in India as a whole and also the transition from non smokers to smokers amongst the student populace at IIT Kharagpur. We will see how much is the average expenditure on Tobacco and what does the Government of India gain and lose from taxing tobacco in India. We
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