This will be an enormous growth driver for the Tourism Industry. • “ Incredible India” campaign and its enormous success – the Incredible India campaign was launched by the Ministry of tourism in 2002 to promote India as destination India. It promoted India as unique and a complete package of exploration. So far it attracted 6.3 million of the foreign tourists which is 0.67%. the government want to hike the foreign tourists to 1%.
Also, the company will be able to strengthen its presence in the incredibly profitable vacation rental market and gain competitive advantage against apartment-sharing start-up, Airbnb. Airbnb, in general, provides short-term rentals while HomeAway caters to travelers looking for one-week or longer stays. Therefore, the acquisition will give Expedia the opportunity to expand its options for consumers beyond hotels, boosting its efforts to build a place in the fast emerging alternative accommodations space, a market that Expedia values at around $100 billion. I favored this acquisition because: 1) a deal offers a "compelling" opportunity to increase take rates, 2) the price tag (14x 2017 EBITDA) does not reflect the potential "wild success" of the new fee model, 3) Expedia gains "strategic insulation" from the Airbnb risk. HomeAway is the leading online website for vacation rentals.
At a glance, we see wellness tourism growing in many parts of the world (SRI International, 2014). Upon closer inspection, we find Asia leading the charts as it continues to be the fastest-growing region for wellness tourism (ibid). A look at the industry landscape reveals how the easing of travel restrictions in Asian countries such as China (Carnival Corporation & plc, 2016) and the rising incomes of the Asian middle class (SRI International, 2014) have attributed to the aforementioned trend as Asian travelers now less restricted by legislation and possess greater purchasing power. With wellness tourism projected to continue its strong growth in Asia, this is a significant trend in the tourism industry as it represents a drastic shift in the Asian consumer preferences. Consumer preferences are vital as they shape business plans and when met, bring in the revenue.
Juna Karki Zahid Hussain Md Jakir Masum WSEM 1061-1 Assignment 1.3 12th sept, 2017 Effects of Technology in the field of Business and Health in Nepal Nepal is a multi-racial, multi-lingual, multi-cultural and multi-religious country which lies between India and China having an area of 1, 47,181 square kilometer. It has a total population 25.8 million that consists of 92 different language groups, 125 caste/ethnic groups, and 10 religious groups (Central Bureau of Statistics [CBS], 2011. Four main races are Brahamin, Chhetri Baishya and Sudra. Brahmin is the higher caste in social caste system. Every religions have its own norms and values.
1.1 History of Tourism in Malaysia Malaysia was at ranked 11th in the world and 2nd in Southeast Asia for tourist arrivals (The Star, 2012). Malaysian government have make an initiative to increase the tourism in Malaysia with an effort to diversify the economy and make economy of Malaysia become less dependent on exports. As a result, tourism has become Malaysia’s second highest private investment contributor at RM24.5 billion and the third largest GNI contributor in 2015 (Idris Jala, 2016). Tourism Malaysia or the Malaysia Tourism Promotion Board (MTPB) is the government agency in charge of promoting tourism in Malaysia. On 20 May 1987, the Ministry of Culture, Arts and Tourism (MOCAT) was established and Tourist Development Corporation of Malaysia (TDC) moved into this new ministry.
Introduction Tourism is the largest and fastest growing industry in the world, and also a major contributor to Jamaica’s economical growth and development. The dynamics of tourism allows people to travel globally for several reasons as it influences competition between countries, while attracting tourists towards destination product(s). However, the growth of crime and violence is becoming directly exposed to the value of a tourism sector development; hence, prior or while traveling, safety assurance is of great demand for travelers. By definition, crime is referred as “ acts or omissions forbidden by law that can be punished by imprisonment and/or fine” (Murphy, 1985), Furthermore, it has come to the realization that many countries tourism
CONSTRUCTION MARKET OF NEPAL Being located between the two nations India and China, Nepal is a warming country with economic development and political stability. Nepalese construction industry is engaged mainly in construction of infrastructures, hydropower, irrigation, buildings and other real estate property. Infrastructure constructions namely comprise of roads and greenery, highways, public facility and government buildings. Besides, the economic growth has affected the business of real estate industry encouraging the construction of new ones. Construction industry in Nepal stands as the second largest employer by providing employment opportunity to a huge population of uneducated and unemployed as well as skilled, unskilled and seasonal
Being an extraordinary tourist spot, Dhulikhel is definitely worth visiting once traveling in Nepal. Aside from exploring the wonder of nature, picking a perfect spot to stay in Dhulikhel is not less significant. Let’s take a look at some top accommodations in Dhulikhel. Gaia Holiday Home Gaia Holiday is located in Dhulikhel, Nepal, and far about 26 kilometers from Kathmandu, the capital of Nepal. The hotel is near Tribhuvan Airport, which is 23 kilometers from Gaia Holiday Home.
TNZ has found that Tourism 2025 theme “targeting for value” is related with their own objective which is to increase the value of international visitors to New Zealand so now the industry is working together to ensure that the common vision is reached. c) SWOT analysis This is identified by a corporate/resource analysis, environmental scanning and market research. This is an important analysis for the tourism industry as it finds the strengths, weaknesses, opportunities and threats within the organisation. Using Queenstown as an example for a SWOT analysis from a tourism point of view would include; Strengths – Being well known as the ‘Capital World of Adventure’ Weaknesses – It isn’t easily accessible for those who are disabled Opportunities – Any industrial improvements or developments that could increase international or domestic visitation Threats – Competitors from other regions in New Zealand or in another country that offers similar or more unique products. Carrying out a SWOT analysis involves internal and external factors and based on these the organisation then can determine any actions they’d like to proceed afterwards while also overcoming any weaknesses and threats towards their organisation.
Comparison between the environmental LCA and social LCA, the social LCA in research scope and framework has not been fully formed and needs further development. 2.2 Social inventory database development based on IO model The IO model is widely applied to conduct national economic analyses and used to assess macro-economic impacts of production change. This study uses the 2005 IO table of Thailand which consists of 180x180 sectors in the analyses by aggregating it into a new format (96x96