A-A3 Types Of Travel And Tourism Flashcards
Types of tourism
-Domestic tourism
-Inbound tourism
-Outbound tourism
Tourism
A trip from home for one day or more
Domestic tourism
Taking trips and holidays inside your own country of residence
Inbound tourism
Visitors from overseas coming into the country
Outbound
Tourists leaving their country of residence to travel to another country
What is horizontal integration
When companies are bought out or merged at the same level in the chain of distribution
What is vertical integration
When a single company owns multiple stages of the tourism supply chain
Recession
A period of economic downturn that causes consumers to spend less on travel
How does it impact travel and tourism
reduced travel budgets
Organisations in the uk that offer transport by ferry
Brittany ferries
P&O
The multiplier effect
The total economic impact of tourism on a region
It shows how tourism can drive economic growth
Share issue
A long term source of finance only available to limited companies
How different travel and tourism organisations respond to extreme weather conditions
-safety protocols- organisations establishing evacuation plans emergency services and Alerts to travelers about potential risks
-communication strategies- putting customers first and alerting them through emails/text messages social media etc about extreme weather cases
-flexible booking polices
Overall the goal is to ensure the safety of travelers whilst minimising disruption and facilitating recovery as quickly as possible