AICE Travel and Tourism Review

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18 Terms

1
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Good

Tangible item that is owned; hotel giving out bathrobes

2
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Service

Something done for a person; housekeeping

3
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Ancillary

Add on; travel insurance, guided tours

4
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Perishability

Product that can expire after a given amount of time; online tickets

5
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Seasonality

Availability of an item for a limited time; ice skating in times square

6
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Intangibility

Something you can't physically touch; online purchase

7
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Sustainable

Little impact; skiing

8
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Responsible

Making better place for people to live/visit

9
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Domestic Tourism

When people who are residents of their country travel within their country

10
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International Tourism

Residents traveling between or within countries outside of their own

11
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Inbound Tourism

People visiting a country they are not residents of; an Italian traveling to Greece

12
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Outbound Tourism

Visits by the resident of a country outside of their country; American going to Spain is outbound tourism towards the US but inbound tourism for Spain

13
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MEDC

Strong economically developed country; United States

14
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LEDC

Low economically developed country (limited access to healthcare, nutrients)

15
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VFR

Visiting friends and family

16
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Direct employment

Jobs providing the goods; desk clerk, airline pilot, tour guide

17
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Indirect employment

Support but not directly involved with supplier

18
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Internal customer

People within the organization who receive goods or services from another part of the business; an employee asking housekeeping for help -> the employee is then the housekeepers customer even though they are both working there