BTEC National Certificate in Travel and Tourism Level 3 The Business of Travel and Tourism Task 1 P1 Describe the travel and tourism business environment‚ providing examples of organisations. Submission date: 11th October 2010 Business in Travel and Tourism is important in the industry; it also includes a wide range of different events and services. For this task‚ we would be looking at different organisations such as the public sector‚ private sector and the geographical importance
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submitted by me is not a verbatim/photo static copy from the websites/ books/ journals/manuscripts. Signature of the student Countersigned Signature of the Faculty Concerned Q 4. Explain pricing methods and which method will be suitable in this present age ? Let us discuss about various pricing methods of determination of price. Introduction No doubt that the economic theory focuses upon the determination of prices in various competitive situation but it does not discuss the methodology of price
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BTEC Level 3 Diploma in Travel & Tourism Unit 1 Investigating the Travel and Tourism Sector Scenario 1 Task 1a There are three different types of tourism – domestic‚ inbound and outbound. Domestic tourism is all about traveling within the same country you live‚ for example‚ UK citizen traveling around London. Inbound tourism is when overseas tourists come to visit the UK. And an outbound tourism happens when UK residents going abroad and taking their holidays outside the UK. For example
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Introduction Travel and Tourism is currently one of the world’s largest economic activities. It is the leading industry in many countries as well as the fastest growing economic sectors in terms of job creation worldwide. Most new jobs in developing economies are created in the tourism sector industries. The desire to improve the national environment of travel and tourism encourages governments to make infrastructure improvements such as better roads‚ electricity‚ telephone and public transport
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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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Tourism Policy‚ 2052 Preamble: Tourism has been competitively and rapidly developing in the world‚ and due to specific natural and cultural heritages there is a great possibility of tourism industry in Nepal. Hence‚ in order to increase national production and income‚ to expand the earning of foreign currencies to create opportunities for employment‚ to improve regional imbalance and to develop the image of Nepal in international community having developed and expanded tourism industry‚ this
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Negative Economic Impacts of Tourism There are many hidden costs to tourism‚ which can have unfavorable economic effects on the host community. Often rich countries are better able to profit from tourism than poor ones. Whereas the least developed countries have the most urgent need for income‚ employment and general rise of the standard of living by means of tourism‚ they are least able to realize these benefits. Among the reasons for this are large-scale transfer of tourism revenues out of the host
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Market Analysis of Tourism Industry Table of Contents 1.0 Abstract 2 2.0 Introduction 2 3.0 Specific analysis 2 3.1 Analysis of macro environmental factors 2 3.1.1 The economy 3 3.1.2 Social trends 3 3.1.3 Political environment 3 3.2 Analysis of micro environmental factors 4 3.2.1 The targeted customers 4 3.2.2 The competitors 4 3.2.3 The consumer behaviours 4 3.2.4 An internal analysis with a focus
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A Overview of Mainstream Leisure what leisure is Defining leisure can be a tricky task‚ what exactly is leisure? Haywood states that if a Random number of people where asked what the meaning of leisure is then their would be a large number of different answers. So leisure has different meanings for different people. He also states that some might think that leisure is Time left over after work or other duties or obligations ( free time ) Watching TV Taking part in sport activities
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Tourism Industry of Bangladesh Term Paper International Business BUS 301 Submitted on: 20th July 2014 Letter of Transmittal 20th July 2014 Sub: Submission of term paper for completion of academic course Dear Madam‚ This is to inform you that we have completed our term paper on Tourism Industry of Bangladesh for the Summer 2014 semester as a requirement of our academic course International Business (BUS 301). The report encompasses on the functioning‚ organization
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