2. Travel and Tourism industry: the structure and the three technology “revolutions” 2.1 Travel & Tourism industry in numbers and the main players: Travel & tourism industry is one of the largest and fastest growing industries in the world; globally‚ in 2012‚ it generated $2 trillion in direct GDP1‚ which corresponded to 2.9% of the world GDP. Also in terms of employment‚ its importance is highly pronounced‚ with a total contribution2 of 8.7% of world employment‚ the travel & tourism industry
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Industry Analysis TRAVEL INDUSTRY TABLE OF CONTENTS 1) INTRODUCTION 5 2) DEMAND ANALYSIS 7 2.1) GROWTH 7 2.2) GEOGRAPHICAL SEGMENTATION 10 2.2.1) GLOBAL DESTINATIONS 12 2.2.2) MODES OF TRANSPORTATION 14 ROAD TRANSPORTATION 16 RAIL TRANSPORTATION 17 AIR TRANSPORTATION 18 MARITIME TRANSPORTATION 20 2.2.4) SEGMENTATION BY AGE (IN EUROPE) 25 3) VALUE CHAIN DESCRIPTION 26 3.1) CONTENT SUPPLIER 27 3.1.1) SUPPLY ANALISYS 27 3.2) SUPPLY CHARACTERISTICS (KSF) 34 3.2) TRAVEL AGENCY 35 3.3) GDS (GLOBAL
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As Americans we tend to buy things because it’s a good deal. Not because it’s something we need or even really want but simply because it is on sale. In his article “The Neurological Pleasures of Fast Fashion” Marc Bain states “shoppers love a bargain‚ and fast-fashion collaborations with designers draw big crowds looking for high design at low prices” (Bain p4). How many of those people really needed new clothing or even enjoyed what they got after they purchased it. Its morally wrong to simply
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Running Head: Effects of Internet Travel Booking Sites on Travel Agencies Effects of Internet Travel Booking Sites on Travel Agencies Jessica Bietz University of North Dakota Effects of Internet Travel Booking Sites on Travel Agencies General Introduction Since the birth of the Internet‚ many people have been using its resources to accommodate their travel needs. Traditionally‚ people use a travel agent to book their travel plans‚ but with the convenience
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CHAPTER-I Profile of Ace Travels Pvt. Ltd 1.1 Introduction The uniqueness of Nepal with its panoramic natural beauty and its rich cultural heritage has attracted many people to this country. It is a multicultural‚ multilingual and naturally gifted country. Nepal’s diversity attracts tourists. Its physical uniqueness offers a wide scope of activities that range from visiting jungle resort camps to trekking in snow-capped mountains. Tourism is important to Nepal as a source of foreign exchange and
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Introduction The conditions of the global travel agency industry have significantly changed over recent years‚ mainly because of the development of the new technologies‚ electronic commerce and the major changes in tourism consumer behaviour. Increasingly‚ people are booking their travel over the Internet‚ directly from the suppliers or on electronic retailer’s websites affecting traditional travel agencies on the high street. Further‚ the market starts to show signs of overload because of the
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The Travel and Tourism Sector 14th November 2012 Table of Contents Title Page 1 Table of Contents 2 Introduction 3 Task 1: The history and structure of the travel and tourism sector 4 Task 2: The influence of local and national governments and international agencies on the travel and tourism sector 8 Task 3: The implications of political change 10 Task 4: Investigate the effects of supply and demand on the travel and
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Wendell Berry‚ the author of “The Pleasures of Eating”‚ claims that we‚ as a society‚ should know and care where our food actually comes from‚ to be able to realize that the food that reaches our tables has been through a ride that we may not necessarily like. He also encourages us to grow our own food and to buy our produce and fruits from a farmer’s market. I agree with the point that Berry is trying to get across. Making our own produce‚ fruits‚ meats‚ dairy‚ etc. is better because not only will
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Troutman 1 Troy Troutman Mrs Hazleton English 10p February 19 2015 Time Travel If i could travel back in time i would learn as much as i can.I would go to my child hood‚ important dates in history‚ and try to find important political dates in history as well. and try to find where did my family came from. I could enter a time machine‚ I would love to be able to go back in time when I was a child. Taking the knowledge I have now from the life lessons I have experienced‚ I would definitely
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after the Web? This essay is to discuss what the future is for travel agents in today’s world‚ when internet services are so popular and easily accessible. It will give a brief view on the travel retail industry and developments within the traditional channels of distribution. This essay will also include the present issues that have had an influence on the industry. Travel retail industry plays very important role in tourism. Travel agents are like a “communication bridge” between the suppliers
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