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The tourism, Leisure and Hospitality industry is defined, not in terms of the production of special types of goods and services, but in terms of the circumstances at which goods and services are consumed. Hence, the sale of a particular good or service to a tourist is “tourist expenditure”. As a result of this difference…

Sri Lanka is one of the most sorts for tourist destinations in the world. It is advantageously situated between West Asia and South East Asia has been a significant stop on the silk route. To express the richness, beauty and the intensity of affection: the visitors addressed the country as Serendib, Ceylon, Teardrop of India,…

Situated between China and India lies the small land-locked country of Nepal. Slightly larger than the state of Arkansas, Nepal contains eight of the world’s ten highest mountain peaks making it a popular destination for adventurous tourists. Nepal is among the poorest and least developed countries in the world. The country’s population reached more than…

This part of the theoretical discussion gives an overview of Mauritius as a tourist destination. A general introduction to the cultural and geographical background with a description of tourism characteristics, attractions, as well as seasonal aspects is presented. 2.7.1 Mauritius Mauritius is independent since 1968 and has been a republic since 1992.The population of Mauritius…

Hotels are tasked with the responsibility of providing efficient services for their clients. The day-to-day operation of a hotel involves the management of the hotel’s staff, customers and dispensation of other services offered. Hotels have traditionally relied on paper-based records. This system has been characterized by an ever growing need for storage space and proper…

In the essay the researcher was able to come up with the current status of the industry, that is, what the marketing body and the government are doing to promote tourism. Moreover, the study includes the country’s Strategic Analysis in a pursuit to shed light on the opportunities that are open for Lesotho’s tourism. From…

The tourism industry is a complex system where its necessary to look at all different sectors which are influencing each other, to get a clear understanding how this system works. A helpful tool to use already models and theories, apply them on different example and evaluate them. The individual as a potential customer has to…

This report provides a product and market development strategy for the UK tourism industry. It focuses on the benefits and challenges of the UK tourism industry. The background history of UK and the overview of the scope are revealed in this study. It also outlines the vision, mission and its strategic objectives. The report highlights…

The Maldives, known for its high end world class resorts, popular among the rich and famous is situated in South West of Sri Lanka on the Equator comprises of 1,190 tropical islands stretching over an area of 90,000 sq Km. With an average of 30 degrees Celsius, underwater coral gardens, white sandy beaches, turquoise blue…

According to option pricing theory, investment project often added value from it associated real options. Hong Kong Disneyland theme parks as an investment project has in enhancing its upside potential as well as reducing its downside risk in different economic conditions. In the early stage, due to the changing of environment and seasonal fluctuations, it…