Want this question answered?
Liberal, free market
Tourism management is the process of managing property and people in the hospitality industry. Companies have to market in order to attract consumers to their business.
Tourism management is the process of managing property and people in the hospitality industry. Companies have to market in order to attract consumers to their business.
tourism books through links to publisherslinks to key journalslinks to key libraries and abstracting servicesa specialist bibliography on tourism educationlinks to tourism organisationsproviders of market researchjobscoursesaccess to discussion groupslinks to other similar pages
Tourism marketing is a very important functional area in a tourism business organization. It consists seven P's in general.
prices of goods and servicesincome of consumersprices related to goods and servicesexpected future price of productsnumber of consumers in a market
Transportation is an essential part of the tourism industry and it plays an important role as well. Without it, travelling would be impossible. It is because of the improvement of transportation that tourism has expanded.Transportation and the advanced vehicles have made travel to all the corners of the world possible, and while making some changes to the market, it had brought tourism to a whole new level.
One risk of extreme customization is the fact that resale value might be very much lower than the market for an item. Extreme customization also means that the customer base will be lower in quantity.
Tourism as a service industry comprises of several allied activities which together produce the tourism product. Involved in the tourism product are three major sub-industries. They are: -1. Tour operators and travel agents.2. Accommodation sector (hotel and catering) and3. Passenger accommodation.Also, the following points justify the nature of tourism as a service industry-1. Tourism accounts for nearly 6% of world trade.2. Bulk of tourism business is located in Europe and North America., with 1/8 of the market being shared between the other regions.3. The highest growth rate in tourism in recent years has been in the third world.4. Tourism, like most pure services, because of the character of inseparability, exemplifies a product, which cannot be sampled before purchase; the prospective consumers have to travel to a foreign destination in order to consume the product.5. The major players in the tourism market include a number of intermediary companies. Some of them transnational in character, some of them exhibit vertical integration, both backward and forward, acquiring interests in all major sectors of this service industry.
Transportation is an essential part of the tourism industry and it plays an important role as well. Without it, travelling would be impossible. It is because of the improvement of transportation that tourism has expanded.Transportation and the advanced vehicles have made travel to all the corners of the world possible, and while making some changes to the market, it had brought tourism to a whole new level.
what is the differences between Industry and Market
Market structure of the media industry: Oligopoly