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Essay / Research Paper Abstract
A 9 page paper assessing the statement, “The travel and tourism industry is the only truly global business incorporating the simultaneous interaction of users, hosts, suppliers and regulators.” It seems rather arrogant to proclaim that travel and tourism industry is the only truly global industry, given the dramatic changes that have occurred in all industries over the years. Closer inspection reveals the truth of the statement. The electronic environment is the common denominator enabling progressive change and advancement of the industry. The Harvard-style bibliography lists 6 sources.
Page Count:
9 pages (~225 words per page)
File: CC6_KStourGlobSuppCh.rtf
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Unformatted sample text from the term paper:
It seems rather arrogant to proclaim that travel and tourism industry is the only truly global industry, given the dramatic changes that have occurred in all industries
over the years. Closer inspection reveals the truth of the statement to be examined here: "The travel and tourism industry is the only truly global business incorporating the
simultaneous interaction of users, hosts, suppliers and regulators." Changing Times In times past, a common method of operation for various hotels and types
of hotels was that the larger chains generally maintained good relationships with travel agents, who in turn recommended them to their clients. Chains would participate in travel agent packages,
pay the travel agent a commission for the sale of a room and be able to fill rooms that otherwise might go unoccupied. Independent hotels and alternative types such
as bed and breakfast establishments generally lacked the resources to market themselves as the large chains were able to, and were left to ensuring that they were included in travel
publications as often as possible. Travel agents have fallen on rather hard times in the last years of the 1990s. As organizations
began downsizing in the late 1980s and continued into the 1990s, some cut back on their business travel as well, and vacation travel was diminished in those years. Globalization
of business had begun long before, but it was the decade of the 1990s that there was such a dramatic increase in the trend. As the Internet emerged and
developed as an effective communications tool for business, many observers believed that there would be far less business travel than in the past. Much of what had needed to
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