PEST Analysis 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
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facts about its business development‚ its product and service range as well as the development of its revenues in recent years. This is followed by a SWOT analysis trying to provide an overview of dm-drogerie’s economical strengths‚ weaknesses‚ opportunities for the future and threats. In the last part of this work‚ the results of the SWOT analysis will be summarized and interpreted. 2 Company Description dm-drogerie was founded in 1973 by Götz W. Werner in Karlsruhe‚ Germany. The company
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Tourism Tourism is the act of travel for the purpose of recreation and business‚ and the provision of services for this act. Tourists are persons who are "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" (official UNWTO definition). A more comprehensive definition would be that tourism is a service industry. Many
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The World Tourism Organization had its initial stages as the International assembly of Official Tourist Traffic relations set up in 1925 in The Hague. It was renamed the International Union of Official Travel Organizations (IUOTO) later than World War II and shifted to Geneva. IUOTO was a scientific‚ non-governmental organization‚ whose relationship at its climax included 109 National Tourist Organizations (NTOs) and 88 Associate Members‚ among them private and public groups. As tourism raised and
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WALL’S WALL’S UNILEVER PVT LTD> WALL’S WALL’S WALL’S UNILEVER PVT LTD> WALL’S SWOT ANALYSIS SWOT ANALYSIS LETTER OF TRANSMITTAL Respected Ma’am! We present you the fruit of our endeavors to be judged and evaluated. It was our first report on the SWOT Analysis of such a prestigious company like Walls. We have put all our best efforts in compiling of this report. As it is our first experience so there can be many errors. We hope that you will avoid our mistakes and consider our
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Financial and Strategic SWOT Analysis Review Summary Burberry Group plc (Burberry) is into the global luxury sector. It works in the designing‚ marketing and sourcing of outerwear‚ women’s wear‚ men’s wear‚ non-apparel and children’s wear categories. It distributes through a diversified network of retail‚ wholesale and licensing channels worldwide. The company operates its business in three ways by region‚ by product and by channel. Burberry distributes its products in Europe‚ Spain‚ Americas and Asia
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By: Anne Vilagut Tourism The French define tourism as "the art to satisfy the most diverse aspirations which invite man to move out of his daily universe." The Webster’s dictionary defines tourism as "the guiding or managing of tourists; the promotion or encouragement of touring: the accommodation of tourists." Both definitions are apt for tourism. The private sector of tourism includes lodging‚ food‚ transportation‚ recreation facilities‚ attractions‚ travel agents‚ and tour operators. These
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Living in Spain Living in Spain. There are many reasons for living in Spain. If you’re thinking of coming here‚ here are a few we can think of. Climate: The Spanish Mediterranean has the best climate in Europe. In coastal provinces like Alicante‚ Castellón‚ Valencia‚ Baleares‚ Almería‚ Murcia... people enjoy the sun‚ the sea and quiet beaches all year round. Many foreign residents actually prefer their Spanish homes in the low season months‚ when tourists disappear‚ and the climate is still warm
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B. A. PROGRAMME APPLICATION COURSES TOURISM Convenor & Coordinator : Prof. K.V. Bhanumurthy Joint Coordinator : Dr. Abha Mathur 1 Tourism Course Objective The application course aims to familiarize the students with a brief background of tourism‚ its concepts‚ development and scope with special reference to India. Expected Learning Objectives Considering that Tourism Industry is experiencing a phenomenal growth world over‚ a student who has studied this course would
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way that created consumer demand and they continue doing so to remain the best. A destination‚ like any other product‚ in order to ‘sell’ and be a success needs to be marketed effectively to create consumer demand. In order to be able to do effective marketing‚ relevant detail research is required to enable the understanding of the destination and the consumer. Jennings (2010:7) highlights the importance of tourism market research and states some of the benefits as the following: Provides information
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