Wellness tourism can be defined as travelling for the purpose of promoting health and well-being of oneself through physical‚ psychological‚ or spiritual activities. While wellness tourism is often called medical tourism because health being the main motivating factor for the traveler‚ wellness tourists are proactive in seeking to improve or maintain health and quality of life‚ often focusing on prevention‚ while medical tourists generally travel reactively to receive treatment for a diagnosed disease
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Singapore can be considered as possible future market. Part 1. Widely recognised sources that impact the business in 21st century. As I have discussed earlier that there are too many factors that influence the business in different ways. I am choosing PESTLE analysis which is also called PEST analysis to evaluate the business environment and factors which influences the business. PEST analysis is the common factor to evaluate the business assessment and influence decision making. In order to check the
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The tourism industry of Bangladesh prospects and barriers Chapter-3 Research Methodology Prepared by: Md.Moniruzzaman MSS in MSJ Roll No:123053005 University of Liberal Arts Introduction: Tourism is now a global industry connecting hundreds of millions of people worldwide; which has been recognized as a fastest rising sector. This industry makes it a key column of economic development of any country. Bangladesh has some significant tourist attractions such as world’s
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PESTLE Analysis Political ITC faces stiff restrictions from the government on its tobacco business because of the nature of the product. Discriminatory central taxes are levied on the cigarettes. This has been worsened by the rise in VAT notwithstanding the fact that only 5.7% of all adults smoke cigarettes while almost 35% adults consume tobacco. The per- capita consumption of cigarettes in India is among the lowest in the world while tax per 1000 cigarettes as a percentage of per capita GDP
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Report on the tourism industry in the service sector. This report is going to focus upon the tourism industry within the service sector‚ looking at‚ the tourism product‚ the business operations cycle‚ the service concept‚ and then the idea of the service concept will be applied to the tourist attraction Alton towers. Section 1 : The key differences between a tourism product and a manufactured product. The tourism product is defined by many as an intangible product to the customer‚ a service/ experience
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Introduction & Case Study As the biggest country in the world‚ Russia plays an important role in the world. Whether its their culture‚ literature‚ military‚ or economy‚ this country stands apart from the rest. Its features make it unlike any other other part of the world. Russia‚ located in the north of the Eurasia‚ crossing Europe and Asia‚ is the biggest country in the world. Its area is about 17‚102‚300 square kilometers. The population is around 1‚431‚000‚000 and includes 193 various nationalities
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What is PESTLE Analysis? PESTLE analysis‚ which is sometimes referred as PEST analysis‚ is a concept in marketing principles. Moreover‚ this concept is used as a tool by companies to track the environment they’re operating in or are planning to launch a new project/product/service etc. 1. Political: These factors determine the extent to which a government may influence the economy or a certain industry. [For example] a government may impose a new tax or duty due to which entire revenue generating
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Report for: Ford motor company Title: Economics and the Business World Date: 20th December 2012 2012 Table of content Introduction 1) PESTLE Analysis 2) BP Market Structure 1.0 Introduction I am an economist that has recently joined Ford motor company‚ and I have been asked to compile a report to investigating the PESTEL factors which ford are or have been faced with and identifying their main area of concern. This report will also provide a detailed look on the market
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The Beatles Influence on the Tourism Industry in Liverpool This essay will look at the influence that the Beatles have had on the tourist industry in Liverpool. It will briefly look at the cultural and musical effect that the Beatles had on the world and their contribution to the emergence and changing of popular culture. It will then discuss Liverpool’s award of the European Capital of Culture. It will assess the various tourist attractions directly connected to the group and their importance
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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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