2.0 Findings and Discussion 2.1 Definition The International Forum of Travel and Tourism Advocates defines tourism as 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 not related to the exercise of an activity remunerated from within the place visited and also refers to the sector of the national economy with complex functions that unites a number of goods and services‚ offer
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Case Study: Vertical Integration and the Effect on the Travel and Tourism Industry When two similar companies such as two hotels‚ are offering very similar products and are in a strong competing situation‚ integration is a popular move. It can be a voluntary decision by both companies or it can be the take-over of one company by another. Benefits include greater sales‚ which result in larger revenue and expansion opportunities. Complimentary reasons tend to be the realisation that one hotel offers
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HOW TOURISM CAN CONTRIBUTE TO SOCIO-CULTURAL CONSERVATION Negative socio-cultural impacts from tourism How tourism can contribute to socio-cultural development Tourism can contribute to positive developments‚ not just negative impacts. It has the potential to promote social development through employment creation‚ income redistribution and poverty alleviation. Other potential positive impacts of tourism include: Tourism as a force for peace Traveling brings people into contact with each other and
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WAR on Terrorism: Impact on Pakistan’s Economy Rehana Saeed Hashmi * Abstract In analyzing the government of Pakistan’s policies towards USA in the war against terrorism‚ this article focuses on Pakistan US relationship and US assistance to Pakistan for economic development. The main concern is to understand the environment of mistrust between the two states and need to analyze that Pakistan’s economic development should be based on sound long term economic policies. In the region of South Asia‚
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In between Toronto and Niagara Falls‚ there are having many types of impacts tourism has on those two places‚ but there have big different tourism activity between Toronto and Niagara Falls‚ and there have different effect of many types of impacts tourism between those two places. Toronto is the one of Canada’s leading tourism destinations. Toronto had region received 9.62 million overnight visitors. This is one of Canada’s larger visitor’s numbers. Toronto has an array of tourist attractions‚ and
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with people and it also provides people with the ability to download entertainment from online sources and no longer be limited to the selection provided by the airline. Due to the nature of the Airline industry‚ at the core level it can be viewed as a generic offering across the industry. This resulting in airlines often creating a differentiation strategy‚ in order to gain a competitive advantage as they seek to increase the value of the product/service on offer to the consumer (Hooley et al
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RUPEE DEPRECIATION – INDUSTRY IMPACT January 9‚ 2012 Backdrop The rupee has‚ between August and December 2011‚ depreciated by 21%. This depreciation has caused much concern among industry groups as imports have become expensive‚ thereby amplifying costs of production and operation‚ and ultimately profitability. Given that India is a net importer with a sizable trade deficit‚ the net impact has to‚ a priori‚ be negative. Objective The aim of this study is to identify vulnerabilities on
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IN PRESS Tourism Management 27 (2006) 1373–1385 www.elsevier.com/locate/tourman The role of community involvement and number/type of visitors on tourism impacts: A controlled comparison of Annapurna‚ Nepal and Northwest Yunnan‚ China$ Gyan P. Nyaupanea‚Â Duarte B. Moraisb‚ Lorraine Dowlerc a Tourism Development and Management‚ School of Community Resources and Development‚ Arizona State University‚ P.O. Box 874703‚ Tempe‚ AZ 85287‚ USA b Recreation‚ Park‚ and Tourism Management‚
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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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The economic situation has proven to have impacted the airline industries in many ways. For instance‚ changes in price of an airline industry may also change the demand and elasticity of the services offered by the airline company. In this regard‚ the outlook of the airline industry can still be considered to have strong growth in spite of changing economic conditions. For airlines‚ the economic situation for prices‚ wage inequality and even monetary aspects will hold many challenges and only those
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