Recession 16Specifically‚ Freund (2009) defines global downturns as years when world real GDP growth is (1) below 2 percent‚ (2) more than 1.5 percentage points below the previous five-year average‚ and (3) at its minimum relative to the previous two years and the following two years. 1975‚ 1982‚ 1991‚ 2001‚ and 2008 Freund (2009) describes the evolution of world trade following four previous global downturns. She finds that the size of the decline in world trade during these episodes is
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The Framework of Tourism: Towards a Definition of Tourism‚ Tourist‚ and the Tourist Industry (Leiper‚ 1979) Find six academic definitions for tourism‚ tourist or travel. Discuss each of these six definitions and explain the merits and efficiencies of each one‚ making connections with the points raised by Leiper (1979) where possible. Then provide an overall discussion about which definition is best and for what reason/s. Introduction Six definitions for the term Tourism were found from a variety
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Current Great Recession (2009-2011) The Great Recession in the United States began in December 2007 and went on for year and a half. Over that period‚ U.S. genuine GDP fell by 4.7 for every penny‚ making the subsidence the longest and most profound since the Great Depression (Blinder & Zandi‚ 2010). U.S. private venture dove by nearly 60 for every penny from its crest in the final quarter of 2005 to its trough in mid-2011; as an offer of GDP‚ it dropped from 6.3 for each penny in the final quarter
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been the most significant influences on the planning and development of tourism over the past ten years. Introduction With the development of the entire society‚ tourism industry has become one of the most powerful industries in the global economic development. The status of the tourism industry in the economic development is gradually enhanced and it plays an important role in the national economy. The World Tourism Organization forecasts that international arrivals will be up to 1.6 billion
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14/11/2011 HERITAGE TOURISM & MUSEUM MANAGEMENT LESSON 2: TOURISM‚ HERITAGE & HERITAGE TOURISM (1st PART) Dr Christina Bonarou bonarou@gmail.com Alexander Technological Educational Institute of Thessaloniki‚ Greece Department of Tourism Management Definitions of tourism 2 All travel is not tourism. “Tourism comprises the activities of persons travelling to and staying in places outside their usual environment for not more than one consecutive year for leisure‚ business and other purposes
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Market Analysis of Tourism Industry Table of Contents 1.0 Abstract 2 2.0 Introduction 2 3.0 Specific analysis 2 3.1 Analysis of macro environmental factors 2 3.1.1 The economy 3 3.1.2 Social trends 3 3.1.3 Political environment 3 3.2 Analysis of micro environmental factors 4 3.2.1 The targeted customers 4 3.2.2 The competitors 4 3.2.3 The consumer behaviours 4 3.2.4 An internal analysis with a focus
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TOPIC:THE EXOTIC TOURISM IN INDIA WHAT IS TOURISM? Before hitting the target of tourism in india‚let us first know what do we mean by TOURISM.(international).Tourism is travel for recreational‚ leisure‚ or business purposes.What the WTO(World Tourism Organisation) tells is that Tourism is people "traveling to and staying in places outside their usual environment for not more than one consecutive year for leisure‚ business and other purposes".Now this can be considered as an exact definition
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IGNOU4Ublog.com TS-1: FOUNDATION COURSE IN TOURISM (TUTOR MARKED ASSIGNMENT) Course Code: TS-1 /Programme: BTS / Assignment Code: TS-1/TMA/2012-13 ------------------------------------------------- Total Marks: 100 PART-I 1. What are the threats and obstacles to tourism in India? (Marks:25) Answer: Tourism industry is one of the booming industries that bring in knowledge‚ social development and economic growth. “Incredible India” a tourism campaign by the Indian government and the information
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The Future of Tourism The Impact of Rapidly Expanding Growth on the Tourism Infrastructure Prepared by: “No Holds Barred” Think Tank October 2008 Change is no stranger to travel professionals. With daily upgrades in technology opening new doors for the consumer‚ and particularly since the face of travel was forever changed on September 11‚ 2001‚ NTA members and travel professionals across the world have been making changes to their business model‚ their staffing structures‚ their buying and selling
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Factors‚ Issues 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
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