71-80 ISSN 2229 -600X IMPACT OF RECESSION ON TOURISM INDUSTRY Sherwood College of Professional Management‚Lucknow ABSTRACT Tourism industry has contributed enormously in the flourishing graph of India ’s economy by attracting a huge number of both foreign and domestic tourists travelling for professional as well as holiday purpose. Terror threat‚ swine flu scare and hike in air fares and above all the great economic depression hit the tourism sector hard in 2009 with number of foreigners visiting
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Importance of Tourism | | | | | | Citizens now demand more meaningful involvement and more responsible and sustainable tourism practices. Local communities and Non Government Organizations today have a very important voice in the way in which tourism is developed and resources allocated. It is this more responsible and sustainable tourism that the Government of Trinidad and Tobago wishes to develop and promote. Tourism provides entrepreneurial opportunities for small operators‚ can foster
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SESSIONS th 19 – 20th October‚ 2012 Export Growth for Sustained Development TECHNICAL SESSION IV: SECTORAL DEVELOPMENT 2: Services Tourism and Entertainment Srilal Miththapala BSc (Eng) ;CEng; FIEE; FIH; Project Director‚ E U Switch Asia Programme Greening Sri Lanka Hotels Project‚ Past President of the Tourist Hotels Association of Sri Lanka World Tourism Tourism is referred to by many as the world ’s largest and fastest growing industry. It accounts for over 9% of global GDP‚ and in spite
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Tourism Notes ------------------------------------------------- Year 1 Ronan Keane Table of Contents Forecasting Demand 4 Poor forecasting: 4 Most popular variable (as measurement for demand): 4 Causative (Econometric) 4 Econometric models 5 Non-causative (time series) 5 Non-causative (time series) 5 Qualitative forecasting 5 Problems and challenges 5 Gravity model 5 Limitations 6 Price and Income Elasticity in Demand 7 Elasticity’s of Demand in Tourism 7 Income
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Darryl Eugene Collins Tourism Management Hospitality 450 Instructor: Professor Marco Albarran Week 1 Assignment Chapter 1: Tourism in Perspective Chapter 2: Tourism through the Ages Chapter 3: Career Opportunities September 9‚ 2012 Chapter 1: Tourism in Perspective CASE PROBLEMS 1. Suppose that you are a high school economics teacher. You plan to visit your principal’s office and convince her that tourism should be included as part of one of your courses. What arguments
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Basic Forms of Tourism: * Domestic tourism: * Is the tourism of resident visitors within the economic territory of the country of reference * Inbound tourism: * Is the tourism of non-resident visitors within the economic territory of the country of reference * Outbound tourism: * Is the tourism of resident visitors outside the economic territory of the country of reference * Internal tourism: * is the tourism‚ of both resident and non-resident visitors‚ within
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terrorism on tourism? The economic importance of tourism is undeniable. The impact of terrorism on a countries economy may be enormous. In an information free society‚ tourists might travel to destinations regardless of whether a terrorism threat exists or not. However‚ few information free societies exist. Via different forms‚ terrorism generates attention‚ which‚ when relayed back to tourists‚ has an impact on travel plans. Taken as a collective‚ these decisions affect tourism levels‚ which
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Youth Tourism Introduction Young people travel inside the country and abroad on holiday‚ to visit friends‚ to study‚ to understand various cultures as well as for adventure and relaxation. Psychologists look upon youth travel as part of their transition to adulthood. Domestic youth travel is regarded as an extension of the education process familiarizing young people with their country. There is no widely accepted definition of the youth travel market segment. This lack
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SUSTAINABLE TOURISM DEVELOPMENT: A CASE STUDY OF NORTH EAST AND LADAKH ABSTRACT Tourism acts as a backbone for majority of nations especially the growing economies while the adverse impacts of tourism on the environment and the sociocultural are not ignorable. The tourism sector‚ if driven well in the right direction‚ can play a holistic process of economic‚ social and environmental sustenance as well as development. Sustainable form of tourism not only ensures the profitable income but also
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Malaysia itself as a brand for the tourism industry and promoting on the destination that will attracts people from all the part of the world. This case study also to understand the important of tourism as a source of profit for a country and the process and strategic developed by government to promote Malaysia as a tourist destination and Malaysia as a destination brand‚ besides the campaign launched to bring a unique image and identity for Malaysia itself in tourism industry. Malaysia government
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