and impacts of Hospitality and Tourism Industry of Maldives By Mauroof Zakir 2011 1. Introduction of hospitality and tourism industry of Maldives An island nation in the middle of Indian Ocean‚ consisting of 26 coral atolls dominated by over 90% of Sea and its situated in about 700 km south west of Sri-Lanka is so call Maldives. In total‚ these geographical atolls contain about 1‚190 islands of which only less than 200 are inhabited. In the Maldives‚ the tourism industry is identical with
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Business Ethics in Hospitality Brian Scott Angerer University of Phoenix In the hospitality industry ethical issues abound both for the business itself and the community at large. Business ethics is a complicated subject that can be described as‚ the behavior that a business
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Impact of global economic crisis on Bangladesh Barrister Harun ur Rashid The financial crisis that started in the US in March of this year has now turned into a full-fledged economic crisis that has pushed the European Union‚ Japan‚ Hong Kong and others into recession There is a saying that when America sneezes‚ countries around the world get flu. This has been evident from the fact that the American financial crisis has left everyone in a state of shock. October 10 was the day when stocks
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The US Economic Crisis HiranJ 9 Oct 2008 Session content • • • • • The sub prime market and sub prime crisis Housing Mortgage Fraud CDS – Easy money! Wall Street in Turmoil The bailout plan The Sub Prime Market • What is the sub prime market? – Sub prime lenders • Lends to borrowers that do not qualify for mainstream lending by FannieMae/FreddieMac • Lending rates are usually high • Has prepayment penalties • One of the common lending terms is 2/28 ARM The Sub Prime Market • 2/28 ARM • ARM
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HOSPITALITY SUMMARY TOPIC 1: Historical development in hospitality A lot of people may wonder how and when did hospitality start. Did it start off by a man dreaming of opening a lodging place‚ which called a ‘hotel’? Or did it start with a sweetheart grandma offering cookies and milk to lost kids on Christmas? Let me take you more in depth. When people usually think of Hospitality Industry‚ they immediately think of hotels and restaurants. Nevertheless‚ the true meaning of hospitality is way
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A hotel is an establishment that provides lodging paid on a short-term basis. The provision of basic accommodation‚ in times past‚ consisting only of a room with a bed‚ a cupboard‚ a small table and a washstand has largely been replaced by rooms with modern facilities‚ including en-suite bathrooms and air conditioning or climate control. Additional common features found in hotel rooms are a telephone‚ an alarm clock‚ a television‚ a safe‚ a mini-barwith snack foods and drinks‚ and facilities for
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Technology – Time to play catch up To be successful in 2015‚ the industry needs to address these problems. The key areas of technological development are likely to be online booking and mobile technology‚ Customer Relationship Management (CRM)‚ smart card technology‚ online social networking‚ data security‚ Artificial Intelligence (AI)‚ self-healing technology and in-room product innovation. As online usage has soared over the last decade the internet has become a vital outlet for all retailers
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main factors: POLITICAL ECONOMICAL SOCIAL TECHNOLOGICAL The analysis will focus towards the industry that how the political stability‚ rules and regulation‚ and the legal system of the country affecting the overall industry. The economic condition‚ liberalization‚ policy toward foreign investment‚ and growth rate of the economy as a whole also help to analyze the overall industry attractiveness and potential for the growth. The social aspects like people are more involved in the painting
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The Effects of Globalization on the Philippines and India Lloyd Wood In this paper the author will briefly look at the globalization of two nations‚ the Philippines and India. We will look at each country before globalization‚ the turning point where globalization began for each nation‚ and finally the effects of globalization on each country. This writer believes it can be successfully argued that the globalization of each country has improved the overall standard of living in each
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Pattern and Sources of Economic Growth‚ comparison between Bangladesh and India. Introduction: GDP (Gross Domestic Product) is indicator of a nation’s economic Growth- Measured by the market value of all officially recognized final goods and services produced within a country in a given period. Through GDP growth we can measure the economic growth‚ especially very much useful indicating tools for measuring growth in the least developed countries (LDCs)‚ like Bangladesh‚ Haiti‚ Samoa‚ Afghanistan
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