Introduction Tourism can be considered one of the most remarkable socio-economic phenomena of the twentieth century. Tourism comprises an extensive range of economic activities and can be considered the largest industry in the world Tourism is a vast discourse‚as the world is getting globally connected by all means that is culture‚ entertainment‚ hospitality‚ social media‚ interaction‚ trades and many other things (Neto‚ 2003). These worldwide connections are giving room to more and more destination
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Samuelson‚ “macroeconomics is a study of the behavior of the economy as a whole. It examines the overall level of a nations output‚ employment‚ prices and foreign trade”. Nature‚ Scope and importance of Macroeconomics As a method of economic analysis macroeconomics is of much theoretical and practical importance. 1. To understand the working of the economy The study of macroeconomic variables is indispensable for understanding the working of the economy. Our main economic problems are
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If Africa is to be successful in competing in the international tourism market‚ standards of excellence must be introduced. In order for Africa to facilitate progress in implementing good tourism development there are key issues facing the continent that need to be addressed. These issues are; Comprehensive government policies for tourism‚ Public health and safety‚ Capacity building‚ Infrastructure‚ Environmental mitigation and protection. State capacity-building is a critical aspect of
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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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A SEMINAR PROJECT ON “TOURISM INDUSTRY IN INDIA” SUBMITTED IN PARTIAL FULFILLMENT OF THE DEGREE OF MASTERS OF BUSINESS ADMINISTRATION SESSION (2011-2013) SUBMITTED TO: SUBMITTED BY: Mrs. PRIYA ARORA JYOTI PRASAD DAS Asst. Prof. MBA
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and effect of child sex tourism in Belize. Sex tourism has become a problem to many countries around the world and it is now being exposed in Belize. Children and adults are becoming more engaged in this activity in exchange of money and assistances. Child Sex Tourism in return has negative effects to both the economy and its victims and also creating a social impact to the country. This research can assist in bringing awareness to the country of this controversial industry. It is with the hope
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aims to describe the tourism policy and strategies in national and state contexts‚ to determine the inherent direction and prospects or potential in the tourism development of Kuala Lumpur as a tourist-friendly destination. The results show that some aspects need to be emphasized and have similarities in each of policies and strategies at the national and state level. This shows that policies made at national level could be followed at state level‚ so that each line of tourism development planning
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Advantages and Disadvantages of Tourism Tourism is the act of travel for the purpose of not only recreation‚ but also the provision of services for this act. It might occupy local services such as entertainment‚ accommodation and catering for tourists. It may seem‚ that tourism brings only benefits‚ but further consideration shows that it also has disadvantages. Firstly‚ many countries depend heavily upon travel expenditures by foreigners as a source of taxation and as a source of income for
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Macro Theme - Post war Sri Lanka - Emerging tourism industry Meso Theme - Forecasting Change Situation Analysis Sri Lanka was seen as a low budget tourist attraction. Industry colapsed mainly due to the war conditions through out last 3 decades. Tourists started pouring in to the country after the end of civil war. Major infrastruture development projects are undergoing in the country Government has identified tourism as a main source of foreign income and supporting the industry
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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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