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New Insights into ECCU's Tourism Sector Competitiveness

2019-07-17 Business & Economics
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Release : 2019-07-17
Genre : Business & Economics
Kind : eBook
Book Rating : 813/5 ( reviews)

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Book Synopsis New Insights into ECCU's Tourism Sector Competitiveness by : Mr.Manuk Ghazanchyan

Download or read book New Insights into ECCU's Tourism Sector Competitiveness written by Mr.Manuk Ghazanchyan. This book was released on 2019-07-17. Available in PDF, EPUB and Kindle. Book excerpt: Tourism has become the main driver of economic growth and employment and the most important source of income in the ECCU. Preserving and, possibly, enhancing the competitiveness of the tourism product is key for these countries. Unfortunately, the evidence shows that tourism arrivals to the ECCU have been declining slightly while global demand for tourism is on the rise. The objective of this paper is to study the structural determinants of competitiveness for the ECCU, defined as the relative cost advantage over other touristic regions (Di Bella, Lewis, and Martin 2007). Using a gravity model, we show that proximity to North American and European markets is indeed an important competitive advantage for the ECCU. However, despite this advantage, and, in some cases, specialization in high-end tourism, regression analysis shows that arrivals to the ECCU are sensitive to relative prices. Our simulations show that mitigating supply-side constraints would improve the ECCU’s competitiveness and allow the region to regain global market shares.

Multilevel Approach to Competitiveness in the Global Tourism Industry

2019-10-25 Business & Economics
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Release : 2019-10-25
Genre : Business & Economics
Kind : eBook
Book Rating : 678/5 ( reviews)

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Book Synopsis Multilevel Approach to Competitiveness in the Global Tourism Industry by : Teixeira, Sérgio Jesus

Download or read book Multilevel Approach to Competitiveness in the Global Tourism Industry written by Teixeira, Sérgio Jesus. This book was released on 2019-10-25. Available in PDF, EPUB and Kindle. Book excerpt: Companies compete to gain public notoriety every day and use creativity and innovation to get ahead of their competition. In oversaturated industries, such as the tourism sector, smart strategies and global network capabilities must be adopted and improved in order to increase competitiveness. Multilevel Approach to Competitiveness in the Global Tourism Industry contains crucial reference material that discusses new intelligent practices to increase business competitiveness in the tourism sector. Featuring research on topics such as networking, artificial intelligence, and regional competitiveness, this book is ideally designed for program directors, event coordinators, tour developers, hotel managers, restaurateurs, travel agents, policymakers, academics, researchers, advanced students, entrepreneurs, government officials, and professionals in the tourism and hospitality industry.

Tourism Dynamics

2021-09-17 Business & Economics
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Release : 2021-09-17
Genre : Business & Economics
Kind : eBook
Book Rating : 948/5 ( reviews)

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Book Synopsis Tourism Dynamics by : Nikolaos Pappas

Download or read book Tourism Dynamics written by Nikolaos Pappas. This book was released on 2021-09-17. Available in PDF, EPUB and Kindle. Book excerpt: Theoretical and practical insights that offer a platform for critical discussion and examine emergent controversies within the tourism industry such as the growth of alternative business models, travel in light of climate change and human resource ethics given the increasing adoption of artificial intelligence (AI), data and algorithms.

New Business Opportunities in the Growing E-Tourism Industry

2015-07-07 Business & Economics
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Release : 2015-07-07
Genre : Business & Economics
Kind : eBook
Book Rating : 786/5 ( reviews)

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Book Synopsis New Business Opportunities in the Growing E-Tourism Industry by : Eto, Hajime

Download or read book New Business Opportunities in the Growing E-Tourism Industry written by Eto, Hajime. This book was released on 2015-07-07. Available in PDF, EPUB and Kindle. Book excerpt: Responding to the dual pressures of globalization and economic downturn, communities across the world formerly driven by agriculture and industry are increasingly turning toward tourism as an economic mainstay. In order for industry leaders to compete with the efforts of competitors and savvy marketers, new business models must be defined which allow for the incorporation of e-tourism tools and expansion into the global marketplace. New Business Opportunities in the Growing E-Tourism Industry offers case studies and research that highlights the impact of globalization on travel and tourism and offers solutions to potential problems. Targeting an audience of researchers and business professionals, this volume brings together a diverse international body of scholars and researchers to provide a holistic perspective of future developments in the e-tourism industry. This volume compiles the research and perspectives of researchers and industry professionals, uniting a variety of topics including medical tourism, traffic-management, route-planning, virtual museums, digital spot-hunting via film-mosaic, and tourism for the elderly and disabled.

Competitiveness in the Tourism Sector

2008-04-29 Business & Economics
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Release : 2008-04-29
Genre : Business & Economics
Kind : eBook
Book Rating : 423/5 ( reviews)

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Book Synopsis Competitiveness in the Tourism Sector by : Samuelson Wei-Chiang Hong

Download or read book Competitiveness in the Tourism Sector written by Samuelson Wei-Chiang Hong. This book was released on 2008-04-29. Available in PDF, EPUB and Kindle. Book excerpt: International tourism is expected to be a major vehicle of economic development in industrializing countries in the 21st century, especially for Asia. To generate long-term growth, countries with tourism-based economies must develop strategies for employing their comparative advantages to achieve competitive advantages. However, competitiveness in the tourist industry is multi-dimensional and complex. This study evaluates the competitiveness of the Taiwanese tourism sector by a multi-dimensional framework. The theoretical model proposes that the competitiveness of tourist destinations should be composed of Ricardian comparative advantages (like the conditions of natural endowments and the degree of technological change); Porterian competitive advantages; tourism management, i.e., providing high quality education and job training, public goods, support services and reduced transaction costs to enhance comparative and competitive advantages; and environmental conditions.

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