Question | Answer |
What does GDP mean? | Gross Domestic Product |
What does GDP mean? | Measuring the values of all goods and services |
What is sustainable tourism? | Meeting the needs of present tourists and protecting the natural and cultural environment for the future |
What is outbound tourism? | Travelling to a different country for a visit or a holiday |
What is inbound tourism? | Visitors overseas coming into the UK |
What is domestic tourism? | Taking holidays and trips around the UK |
What is leisure travel? | Day trips, Holidays, Short Breaks |
What is business travel? | Meetings, Conferences and events |
What is speacialist travel? | Adventure, Education, Health, Dark Tourism |
What are the roles of a travel agent? | Offering expert advice Offering guidance Arranging/Booking trips Booking excurtions |
Problems with online agents? | Flexible prices Less information Less reliable Different sites |
What is the role of a tour operator? | Putting together packages for holidays made out of the accommodation and transport |
What is vertical integration? | Two companies offering the same products merge, or one takes over the other |
What is vertical integration? | Different companies will fulfil different parts of the holiday. This forms different stages which in a company |
What is a Private Organisation | Businesses that are run by one person or family members |
What is a Public Organisation? | Businesses that are mainly run by the goverment |
What is a volutary Organisation? | An organisation that are often charities. They are not made to make a profit. They take in donations and sell merchandise to fund their cause |
What is an advantage of vertical integration? | Provding good customer care - they make sure that customers are being treated respectfully and make sure they are provided with everything they need |
What is a disadvantage of vertical and horizontal integration? | Less Customer Choice - because companies have merged together, customers have less of choice and will have to go to them |
What are consolidators? | Compamies that buy large amounts of tickets from the major airlines at large prices and resell them at discount prices |
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