"Pricing methods used in travel and tourism industry" Essays and Research Papers

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    There are several methods that both measure and scan the cortical functions of the brain and they both have their individual strengths and weaknesses. In a Positron Emission Tomography (PET) scan the scanner injects the patient with glucose containing radiotracers which are radioactive and emit positrons which are then picked up by the scanner. As glucose is used for energy in the body it will travel to the brain and distributes itself to the parts of the brain need it most at that time. When it

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    Tourism

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    Tourism in India: With a view to earning foreign exchange India wants to develop her tourist-industry. Since a pretty long time Kashmir has become a regular receiver of tourists. Innumerable number of people come from abroad to visit this prettiest place of India. Most of the people of Kashmir earn their bread and fortune by dealing with the tourists in various ways getting money from the tourists through hotels‚ restaurants‚ rest houses‚ boat-houses‚ conveyances and by hawking‚ peddling and guiding

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    Pricing Strategy

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    its customer. For a majority of products price is determined in a free market by the forces of supply and demand. Also price is one of the 4 elements of Marketing Mix. Pricing strategies are only the medium or long-term pricing plans that a business adopts. There are some main pricing strategies: Price skimming is often used when a new innovative product is launched onto the market. The risk that this product will face competition in the short term is very low. So by setting a high price‚ the

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    Reasons for Travel

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    travelling. Rich or poor‚ old or young‚ they strive to leave the place where they live or work‚ and move to another spot of our planet — at least for two to four weeks a year. They travel to cities and towns‚ mountains and lakes‚ across oceans and seas. There are several reasons why the popularity of travel and tourism is growing. The first one is educational value of travelling. Man has always moved from one place to another in search of knowledge. Even now‚ in the age of technology and global communication

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    Tourism Sustainable

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    in the Travel and Tourism Industry‚ measures and indicators used to monitor performance. Also some examples of tour operators and airlines environmental projects have been discussed to understand the tourism organizations measures implement for the development of sustainable tourism. Strategies used to overcome limitations and benefits of sustainable tourism are also explained with a number of significant points in order to highlight the importance of sustainability in the Travel and Tourism Industry

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    Avis Pricing Strategy

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    most recognized brands Avis and Budget‚ targeting the travel industry premium commercial and leisure segments and price conscious segment respectively. Both brands benefit from sharing the same fleet‚ maintenance facilities‚ systems‚ technology and administrative infrastructure. Avis and Budget both enjoy complementary demand patterns with weekday commercial demand balanced by weekend leisure demand. (Avis Budget Group 2009) CAR RENTAL INDUSTRY Car rental operates in an environment that is related

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    There have been and still are many key challenges and opportunities that face the tourism and events industry over the years. Throughout this essay I am going to outline and discuss a select few that we face now in the 21st century and relate them to specific industry sectors. The specific areas I am going to cover include the Social and Cultural impacts‚ the economic and financial trends‚ the ecological impacts and the trends formed over the last 60 years compared with forecasts for the next 10

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    TOURISM

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    Tourism has become one of the most appreciated sources of income for many countries of the world. Tourism is the fastest growing industry in the world because it is one of the best ways of earning foreign currency. Despite the many advantages of tourism‚ there a few disadvantages too as there are always two sides to everything. The few drawbacks highlighted are environmental pollution‚ cultural and social degradation and economic downturns. However‚ tourists cause environmental damage through forest

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    Pricing Strategy

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    or services is worth to the customer. 2. Pricing decision is usually viewed as a way to recover cost‚ but we need to take the customer into the account/ consideration. The price could be higher than customers are willing to pay for that product. 3. The major factors affecting price are: a. Marketing Strategy b. Customer perceived Value c. Competition d. Cost 4. Role of Marketing Strategy in Pricing a. Price should be consistent with the pricing strategy. b. Target market decision affects

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    Pricing Strategy

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    Swing v. Steady Swing Manufacturing and Steady Manufacturing both operate in the widget industry‚ but with radically different cost structures. Swing is a capital-intensive‚ automated manufacturer‚ while Steady is a labor-intensive "job-shop." Monthly operating data are as follows: | |Swing Manufacturing |Steady Manufacturing | |Sales |5‚000 units |5‚000 units | |Price

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