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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Marketing in Travel and Tourism July Assignment Andreea Florina Tancau ID: 11727 Table of Contents Trailfinders – introduction 2 Task 1 2 A 2 B 4 C 4 Task 2 5 A 5 B 5 C 6 Task 3 6 A 6 B 7 Task 4 7 A 7 Fig 4.1 Integrated marketing communication 8 B 9 References 10 Trailfinders – introduction Trailfinders is a tourism agency‚ founded by Mike Gooley‚ a former SAS officer. It dates from 1970. At the beginning‚ the company had four employees but because of a successful
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Australia’s‚ supply and demand factors largely determine the dollar’s equilibrium price. The exchange rate is sensitive to changes in both demand and supply‚ which can cause changes in the equilibrium exchange rate. Another factor‚ which can affect the supply and demand of Australian dollars‚ is intervention in the market by the Reserve Bank of Australia. DEMAND The demand for Australia’s currency in the foreign exchange market (Forex) is a derived demand. It is derived from the demand for a country’s
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Investigating travel and tourism industry There are 8 main components of travel and tourism industry. They are : 1- Accommodation- this is the most important component in the travel and tourism industry. Accommodation may include hotels‚ guest-houses‚ lodging-houses‚ bed and breakfast‚ inns and motels. 2- Transport- a good transportation system is very important for a travel and tourism industry‚ whether people are on business‚ travelling for leisure or visiting friends and
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State the factors affecting the price elasticity of demand? The type of product will affect the price elasticity of demand i.e. a necessity such as petrol will have a inelastic demand as it is a must have for consumers so a change in price will cause only a minor change in price whereas if a product is not a necessity for consumers it will have an elastic demand meaning a small change in price could lead to a greater change in quantity demanded The proportion of the consumers income spent on a product
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Factors affecting travel to long haul destinations. In this report I will talk about how factors affect travelling to long haul destinations and in this I will include: time zones‚ climate‚ seasonality and extreme climate conditions‚ travel restrictions‚ entry and exit requirements‚ health issues and social situations. In this report I will cover all of those with destinations such as : Australia‚ North Africa‚ Thailand‚ Indonesia‚ South Africa and few more. Time zones have a big effect on travelling
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Course: HND in TRAVEL and TOURISM Unit : QCF-Level 5 in TRAVEL and TOURISM SECTOR Task 1:a Examine the historic developments in the field of travel and tourism with reference to the contribution of tehnological and economic developments‚including the industrial revolution over the last two hundred years. History of Tourism The term travel and tourism is certainly not a new phenomenon
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performance. At this moment Marriott International has around 3801 properties 660394 rooms in 74 countries and territories (http://www.marriott.com/hotel-development/real-estateinvestments.mi). The company is present in different markets in the tourism sector like: full service lodging‚ select service lodging‚ extended service lodging‚ timeshare and at one point in history they were having theme parks as well which were sold in 1984. Marriott International operates and franchises hotels under
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Objectives: The aim of this assignment is to make the reader understand the key concepts and principles of marketing in the travel and tourism industry also as the key points affecting marketing environments and its function in different segments of the tourism industry. Analyzing the function of marketing as a management instrument‚ understanding the roll of marketing mix in the tourism sector and at last but not least learn how to use the promotional mix in the sector. Contents 1. Presentation
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Travel and Tourism [Name of the Writer] [Name of the Institution] Table of Contents The Travel and Tourism Sector Introduction The biggest and fastest growing industry in United Kingdom is the tourism industry. The common purpose of the industry is to provide goods and services to the tourists. However‚ defining tourism is not as simple as it seems to be. It is a complex industry. Tourism includes such activities of people that are carried out during travelling
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