All the changes are below 2%. It seems like all of Costco’s revenue comes with a fix percentage of costs and expenses. But there is something in the horizontal analysis that is really worth mentioning. From 2012 to 2015, Costco Wholesale Corporation’s total revenue increased by 17%, gross profit increased by 23%, and operating income increased by 31%. In 2012, Costco’s net income is $1.709 billion USD; then it is increased to $2.039 billion USD in 2013, $2.058 billion USD in 2014, and $2.377 billion USD in 2015.
Successful advertising movements such as the “All you need is Ecuador” campaign have generated results and prizes as recently the country was awarded for the best tourism video of the Americas by the World Tourism Organisation. In 2014 all this investment caused a 14% increase in International tourist arrivals, growing three times faster than the world average. There are a number of reasons as to why tourism is beginning to flourish in Ecuador. It has been recognised as one of the countries with the greatest megadiversity in the world per square metre. Almost 8% of amphibian species, 5% of reptile species, 8% of mammal species, and 16% of bird species on Earth can be found in Ecuador, a country that makes up only 0.2% of the world’s land area.
IDENTIFY AND RESEARCH A TOURISM ATTRACTION Introduction Tourism has experienced continued growth and extensive diversification and competition on the last decades, becoming one of the fastest growing economic sectors in the world and by consequence, one of the main income sources for many developing countries. “Every time we travel we are part of a global movement that has the power to drive inclusive development, to create jobs and to build the sustainable societies we want for our future,” says the actual UNWTO¹ Secretary General, Taleb Rifai. “This movement also contributes to build mutual understanding and to safeguard our shared natural and cultural heritage,” he completes. A sustainable and responsible approach to tourism means that neither the natural environment nor the socio-cultural organisation of the host communities would be compromised by the arrival of tourists. Sustainability and Responsibility imply that tourism resources and attractions should be utilised in such a way that their subsequent use by future generations is not compromised, according to UNWTO.
Canadian National Railway Company- Shares of Canadian National Railway (NYSE: CNI) have risen about 20% to the current level of $57.02 from its 52 weeks low of $47.62 on January 20, 2016. In my opinion, this trend will continue for the rest of the year due to the fact that the company is making various moves to support its growth during this weakness in the energy-related commodities. These moves include accelerated growth in its Franchise business, investment in the long-term growth platforms, debt offering, and increase in operating cash flows due to diversified portfolio. Earlier last month, the company had reported fourth-quarter and full year 2015 results that outpaced its railroad peer, Canadian Pacific (CP). Canadian National’s revenue rose 4% to C$12.6 billion, whereas Canadian Pacific saw its revenue growing by just 1% for the fiscal year 2015.
1.1 Introduction Tourism, as one of the fastest developing sector in Mauritius, has seen a robust growth throughout the last decades. It is a major pillar of the local economy of Mauritius. Currently, tourists focus on the most popular attractions and critically compare the different tourists’ offers to plan their trips themselves or employ the services of tourist agencies. It can be observed that in general, all tourists have unique preferences pertaining to activities, food, special interests and most importantly, some tourists have limitations owing to impairments. Hence, there is a need for more tailor made and personalized tourists’ packages to cater for tourists’ individual needs and constraints.
Over the past few decades, tourism has experienced the sustained growth and deepening diversification to become one of the fastest growing economic sectors over the world. Nowadays, the business volume of tourism can be said to be equals to or even surpasses the business volume of food products, automobiles or oil exports. Tourism plays an important role in almost every country due to it has a greater impact on the development of country economy. The main benefits of tourism are creating extra money for national income and creating more career opportunities for locals. One of the easiest benefits to determine is the career opportunities that the tourism brings.