Tourism » Tourism Beast

Driver of Travel and Tourism in 21st Century

Driver of Travel and Tourism in 21st Century: The development and growth of tourism economies in 21st century will be affected by driver such as globalization and competition, cultural capital, events, prosperity and affordability, accessibility. 1. Globalization and Competition Globalization and localization are two synchronized but apparently contradictory developments that taking place together now. The […]

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Sustainable Tourism

Sustainable Tourism: In the beginning of the tourism industry, the activities were primarily focused on the well-being of the tourists. The tourism organizations and government institutions were trying to develop amenities and facilities required for the tourists to ensure their satisfaction by fulfilling their expectations. While developing amenities and facilities for the tourists, the impacts

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Tourism Tourism Tourism Economics

Tourism Multiplier

Concept of Tourism Multiplier: Tourism being a multi-faceted and interdisciplinary industry has a great potential in generating income and employment (direct and indirect). Tourism, being one of the largest industries for many countries, has a high multiplier effect. The inflow of money from Tourist Generating Region to Tourist Destination Region through various sectors of the

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Tourism Tourism Tourism Economics

Cost-Benefit Analysis Technique for Tourism Development

Cost-Benefit Analysis Technique for Tourism Development: CBA in tourism can be extremely beneficial so as to estimate the amount of cost acquired in making of the destination and the benefit resulted through the cost made. It should be mandatory for all the policy makers, government tourism agencies and private players to estimate the benefit through

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Tourism Tourism Tourism Economics

Cost-Benefit Analysis

Cost-Benefit Analysis and its Types: Cost-Benefit Analysis (CBA) is a technique that signifies to describe and quantify the social advantages and disadvantages of policy in terms of common monetary unit. Though a critical task, the aim of CBA is to analyze the cost i.e. the disadvantages and the benefits i.e. the advantages of any proposal.

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Tourism Tourism Travel & Tour Organizations

International Civil Aviation Organization (ICAO)

The International Civil Aviation Organization (ICAO) is a specialized agency of the United Nations (UN), established by States in 1944 to manage the administration and governance of the Convention on International Civil Aviation (Chicago Convention). It was established in order to codify the principles and techniques of international air navigation. ICAO also aims at fostering

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