International Air Transport Organization (IATA) is a trade association whose members are of airlines around the world. It was established in the year 1945 with a mission ‘to be the force for value creation and innovation driving a safe, secure and profitable air transport industry that sustainably connects and enriches our world’. IATA’s headquarters is […]
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Evolution and Development of Transport: In the past people were unable to travel long distances as they had to walk but the invention of the wheel made journeys easy. Use of cart with the help of pet animals to pull it, increased efficiency as animals could take more load and also reduced the travel time.
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Interdisciplinary Approaches to Study Tourism: To learn the elements of tourism, it becomes necessary to study all the different areas which are related to tourism. The different approaches to study tourism include: 1. Institutional Approach The institutional approach to study tourism is one of the major approaches which take into account the institutions as the
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World Tourism Day: The phenomenon of tourism is not new to this world, form the very initial stages of the civilizations on the earth, it is there but it is not termed as tourism in those days, the phenomenon is same but they have not understood it as a phenomenon of tourism because it was
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Needs, Wants and Demand in Tourism: After reading these terms, needs, wants and demand, it seems that all these terms are similar in meaning but when it comes in economics, there is a vast difference. Needs are defined in economics as the basic needs required by human being for their survival. This includes, air, water,
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Pricing policy for Special Interest Tourism: In simple terms price is the monetary value which has been assigned to a particular product for selling into the market. The company fixes price of the product in such a manner that it could give him profit and help him in achieving other long and short term benefit.
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