ASSIGNMENT Introduction Hospitality provision is one of important services in travel and tourism. The hotel is a basis for short accommodation needs of travellers. Depending on the content and using that object classification stay in hotel‚ tourism‚ resort‚ etc. According to the level of amenities available‚ they are classified according to the number of stars from 1 to 5 stars. In recent year‚ the economics and society are developing. People are getting busier with their work and their life. They
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Price and Quantity Adjustments for Australian Tourism and Hospitality Products. EXECUTIVE SUMMARY: This report is aimed to provide knowledge about the fundamental microeconomics which is demand and supply. Through the research of books and online information‚ the following report demonstrates the information about the change in supply and demand by price and non-price determinants. These would be illustrated through the analysis of three different scenarios. In addition‚ the report also
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reason of labour turnover in hospitality industry‚ consequence of high labour turnover and how to overcome the problem‚ reducing the labour turnover and retention of the employee. INTRODUCTION According Keiser (1998) Traveller look for an attractive destination (Tourism) where they require room and board (Hospitality) during their stay. Hospitality includes the organisations that cater the tourist or guest for travel‚ accommodation‚ food‚ amusement etc. The industry can provide service to the
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Copyright © 2012‚ World Tourism Organization (UNWTO) Annual Report 2011 Published by the World Tourism Organization (UNWTO)‚ Madrid‚ Spain. First printing: 2012 All rights reserved. Printed in Spain. The designations employed and the presentation of material in this publication do not imply the expression of any opinions whatsoever on the part of the Secretariat of the World Tourism Organization concerning the legal status of any country‚ territory‚ city or area‚ or of its authorities or concerning
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Ethics in the Hospitality Industry: Review and Research Agenda Mouna Knani1 1 Faculty of Business Administration‚ Laval University‚ Canada Correspondence: Mouna Knani‚ Faculty of Business Administration‚ Laval University‚ Quebec‚ QC‚ G1V 0A6‚ Canada. E-mail: mouna.knani.1@ulaval.ca Received: October 9‚ 2013 Accepted: January 6‚ 2014 Online Published: February 21‚ 2014 doi:10.5539/ijbm.v9n3p1 URL: http://dx.doi.org/10.5539/ijbm.v9n3p1 Abstract Practitioners in the hospitality sector rate ethics
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Environmental Scanning Political This factor is normally affected by the strategy or agreement of government. In Hong Kong‚ not only the local government will affect the hospitality‚ also the China government. We analyze that there are two political issue which increasing the Hong Kong inbound tourism and business between foreigner to China. They are Closer Economic Partnership Arrangement (CPEA) and World Trade Agreement (WTO). China government opened the market to the world and accepted the transaction
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for a Company in the Tourism Industry The Tourism industry is one of the fastest growing industries in the world. The World Travel and Tourism Council estimates that in 2004 Travel and tourism is expected to generate * US$ 5‚490.4 billion of economic activity * 10.4% of total GDP * 214‚697‚000 jobs or 8.1% of total employment * 12.2% of total exports [1] My task is to conduct a PEST analysis for a company within the Tourism industry. Within the tourism industry‚ I have to select one
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Impact of Global Financial Crisis on Hospitality Sector Based in Mumbai Region Oshma Rosette Pinto Assistant Professor‚ Pillai Institute of Management Studies and Research‚ New Panvel Navi Mumbai E-mail: pinto.rosette@gmail.com ABSTRACT The Global financial crisis from 2005 to the present is considered by many economists to be the worst financial crisis since the Great Depression of the 1930s. It was triggered by a liquidity shortfall in the United States Banking system which resulted in the
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the art of shipping to the extent that regattas and other traditional maritime rituals were developed. The importance of the maritime industry to Nigerian’s socio-economic wellbeing cannot be overemphasized as cargo throughput to and from Nigeria accounts for more than 65% of the total volume of cargo generated by the entire West African Sub-Region. The sector remains critical to the realization of the
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Hospitality Management. Students become acquainted with a creative and systematic pursuit of organizational goals within the hospitality industry‚ by planning‚ organizing‚ leading and controlling the available resources in a concerted and sustainable way. Innovative Hospitality Management Do you consider yourself to be a creative manager‚ a responsible entrepreneur and/or a hospitality trendsetter? Then start building your future and join an enriching multi-cultural environment which blends
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