Preview

Business of Tourism

Best Essays
Open Document
Open Document
2978 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business of Tourism
Essay Question

Analyse and discuss the benefits and drawbacks of a demand-led vs. supply-led understanding of the tourism system.

According to the United Nations World Tourism Organisation, often identified by many as the UNWTO (Lickorish & Jenkins, 1997), define the term ‘Tourism’ as “the activities of persons traveling to and staying in places outside their usual environment for not more than one consecutive year for leisure, business and other purposes” (Tuberkugurlu, 2012). The term ‘supply and demand’ is often recognised in economics, According to Gans, King and Mankiw (2012) they refer to supply and demand as the difference in individuals behaviour when they interact with another individual in competitive markets, this broad definition can support and help emphasise the factors influenced by supply and demand within the tourism industry. Supply and demand is widely understood as distinctively different concepts, and is often examined separately. However the two terms are always in one form or another strongly connected and is often described as having a complimentary relationship towards the tourism system, as well as other industries throughout the world. The essay will analyse the differences these two concepts pose within the tourism system, with each independent concept being thoroughly evaluated, in relation to the beneficial factors, as well as the drawbacks and disadvantages of the concepts, followed by an in depth investigation covering the strong interconnectivity and relationship the two separate concepts have in conjunction with one another within the tourism system.
A detailed analysis of the tourism industry is said start with the basic understanding of three fundamental elements. Within the three components, two are said to influence and interact with the marketplace directly which refer to the terms demand and supply. Consumer conduct, which is related to ‘demand’, focuses on the ‘purchaser(s)’. In regards to the tourism industry it will

You May Also Find These Documents Helpful

  • Powerful Essays

    This assignment will concentrate on the title: ‘Identify and discuss the relative strengths and weaknesses of the principal formal definition(s) of the industry sector central to your programme of study.’ It is going to start off with a definition of tourism by Herman von Schullard in 1910 which says: tourism is ‘the sum total of operations, mainly of economic nature, which directly relate to the entry, stay and movement of foreigners inside and outside a certain country, city or region’. Afterwards it is going to discuss the strengths and weaknesses of this definition by outlining the development of the term tourism with help of different definitions from different times, using the definition of a committee of statistical experts at the League of Nations in 1937, of Hunziker and Krapf in 1941, of the International Union of Official Travel Organisations (IUOTO) in 1968, of the Tourism Society of England in 1976 and from the International Conference on Leisure-Recreation-Tourism in Cardiff in 1981.…

    • 1704 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Tourism and Tour Operator

    • 6270 Words
    • 18 Pages

    1.1 – Analyse the effects of current and recent trends and developments on the tour operators industry.…

    • 6270 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    Turiosm

    • 1910 Words
    • 8 Pages

    Tourism is the largest industry in the world and the fact that it is still growing portrays a very bright future for the industry. Many countries have made billions out of this industry and are still earning more but to gain something, we have to lose something. In this essay I will discuss the effects of the tourism industry on the community taking into account important factors such as politics, economics, the environment and the historical factors.…

    • 1910 Words
    • 8 Pages
    Powerful Essays
  • Best Essays

    According to Pedersen (1999), “Tourism is measured as the world’s largest and fastest growing industry”. With its components of…

    • 1460 Words
    • 6 Pages
    Best Essays
  • Powerful Essays

    Choice of Spa

    • 9099 Words
    • 37 Pages

    (eds.) Recent advances in tourism marketing research, New York: Haworth Press, p. 21-40. Riley, R. and Love, L. (2000). The state of qualitative tourism research, Annals of Tourism Research, Vol. 27, No. 1, pp. 164187. Ritchie, J. and Spencer, L. (1994). Qualitative data analysis for applied policy research. In Bryman, A. and Burgess, R. (eds.) Analysing qualitative data, Routledge, London, pp. 173-193. Seale, C. (1998). Researching society and culture, London, Sage. Sedgley, D., Pritchard, A methods, Tourism, Vol. 54, No. 1, pp. 43- 51. Sharpley, R. (1999). Tourism, Tourists, and Society 2nd ed., Cambridge: ELM. Sharpley, R. (1994). Tourism, Tourists, and Society, Seaton House, UK: ELM. Shaw, G. and Williams, A. (eds.) (1997). The Rise and Fall of British Coastal Resorts: Cultural and Economic Perspectives, Pinter, London. Smith, M. Thorpe, R. and Lowe, A. (2002). Management Research: An Introduction, Second edit, London, Sage Publications Ltd. Journal of travel research, Vol. 28, No. 4, pp. 40-43. Smith, V. (1977). Hosts and Guests: The Anthropology of Tourism, Philadelphia: University of Pennsylvania Press. Spa Association (Spaa) (2002). The History of Spa. The Spa Association www.thespaassociation.com/consumer/history.htm [accessed 24 January 2004]. Strauss, A. L. and Corbin, J. (1990). Basics of qualitative research: Grounded theory procedures and techniques, London, Sage Publications Ltd. Swarbrooke, J. (2000). The Development and Management of Visitor Attractions, Oxford, Butterworth-Heinemann. Swarbrooke, J., and Horner, S. (1999). Consumer Behavior in Tourism, Butterworth-Heinemann, UK. Tawil, R. (2008). Developing a Typology of Spa-Related Tourists, PhD. Thesis, Dept. of Food, Clothing, Tourism and Hospitality, Manchester Metropolitan University, UK Tesch, R. (1993). Software for qualitative researches: analysis needs and program capabilities. In Fielding, N. and Lee, R. (eds.) Using computers in qualitative research, 2nd edit, London, Sage Publications Ltd. Thornton, F. and Brutscher, H. (2003). What is a Spa? International Spa Association (ISPA). www.experiencespa.com [accessed 25 January 2004]. Vierville, J. P. (2003). American Healing Waters. International Spa Association (ISPA). www.experiencespa.com [accessed 23 January 2004]. Walker, R. (1993). Applied Qualitative Research, Aldershot: Gower. Yiannakis, A. and Gibson, H. (1992). Roles tourists play, Annals of Tourism Research, Vol. 19, No. 2, pp. 287-303. Yin, R.K. (1994). Case Study Research: Design and Methods, 2nd ed., Sage, Thousand Oaks, CA. Yu, H. and Littrell, M.A. (2003). Product and Process Orientations to Tourism Shopping, Journal of Travel Research, Vol. 42, No. 2, pp. 140-150.…

    • 9099 Words
    • 37 Pages
    Powerful Essays
  • Powerful Essays

    anti essays, 2012. Factors Influencing Demand For International Hospitality And Tourism Essay. [Online] Available at: http://www.antiessays.com/free-essays/257780.html [Accessed 29th november 2012].…

    • 4861 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    Social Media

    • 2747 Words
    • 11 Pages

    ‘Journal of Travel Research’ November 2002 vol. 41 under the heading ‘A General Theory of Tourism Consumption Systems: A Conceptual Framework and an Empirical Exploration- by Arch G. Woodside (Carroll School of Management at Boston College in Boston) and Chris Dubelaar (Department of Marketing at Monash University in Melbourne, Australia).…

    • 2747 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Tourism in BD

    • 2475 Words
    • 8 Pages

    The expansion of the tourism throughout the world has increased competition among the tourist destinations, trying to attract more tourists by adopting appropriate marketing techniques and strategies. Failure of doing so by a particular marketer will lead to a less competitive in the world tourism market.…

    • 2475 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    consumer behavior

    • 5333 Words
    • 31 Pages

    Past research efforts in the tourism industry focused on what tourists buy, when they buy, where they buy, and…

    • 5333 Words
    • 31 Pages
    Powerful Essays
  • Satisfactory Essays

    Tourism

    • 54174 Words
    • 217 Pages

    Topic Unit-I - Tourism: Concepts & Perspectives - Tourism Products - Tourism Economy - Approaches to Tourism Development Total lessons in Unit I & 6 Total Lectures = 6 7 7 6 26 2 Lectures…

    • 54174 Words
    • 217 Pages
    Satisfactory Essays
  • Good Essays

    Hospitality Industry

    • 1641 Words
    • 7 Pages

    In the present day, travel is playing an important role in our daily lives and the tourism industry is entering a booming era. Like other industries, the emergence of tourism industry must have its reason. Tourism industry can be defined as all the various businesses that provided service for tourists. In this essay, I will talk about the value of the tourism industry for tourists, organizations, destination countries and local people to explain why there is a tourism industry.…

    • 1641 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Tourism Marketing

    • 2056 Words
    • 9 Pages

    Terrorism, natural disasters, health scares, oil price rises, exchange rate fluctuations and economic and political uncertainties – these were just some of the issues faced by tourism industry in 2005. Yet, according to the news from World Tourism Organization (UNWTO, 2006a, Dec 13), international tourist arrivals beat all expectations in exceeding 800 millions and achieving an all-time record. Although world tourism growth was moderate in 2005, it was still almost one-and-a-half percentage points above the long-term average annual growth rate of 4.1%, which means a consolidation of the bumper growth achieved in 2004 (+10%). Tourism has transformed itself into a successful industry, and today is one of the largest economic sectors in the world, representing “3-5% of GDP, jobs and investment in industrialised states and up to 30% in developing states, representing a socioeconomic lifeline for the poorest states as it is a top export” (UNWTO, 2006b, Nov 28).…

    • 2056 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Sales and Marketing

    • 1597 Words
    • 7 Pages

    Within qualitative and quantitative methods used in the tourism industry, in this essay I will describe, evaluate and contrast one of each type in order to understand the differences and similarities in their objectives and how their may complement each other. Out of the qualitative approaches, attention will be devoted to the focus group, which explores consumers’ feelings and attitudes through interviewing small groups of people of the same or different culture, gender, class, age (etc.) to draw conclusions about a whole segment of population’s behaviour. The larger picture is then supported by the data collected and analysed through quantitative methods like the survey, which measures consumers’ behaviour in numbers obtained through questionnaires made for larger groups.…

    • 1597 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Tourist Destination

    • 3432 Words
    • 14 Pages

    In this assessment I would be analyzing the main tourist destination and generators of the world in the terms of visitor number and income generation and also be analaysing statistics to determine tourist destination. Development and predict future development will have analyzed explanation about culture, social and physical features of tourist destination. Explaining how they appeal to their tourists. In this assignment I will produce a report on tourist destination of United Kingdom and compare it with China. As well as compare what appeals the visitors like at a current leading tourist destination, and how they impact on world economy.…

    • 3432 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    In 2009, and for a period of six month, I have travelled to Mexico as an exchange student. This experience has enabled me to observer, in total immersion, the strategy implemented by Mexico to maintain economical and social fast emergence.…

    • 3787 Words
    • 16 Pages
    Powerful Essays

Related Topics