Introduction to travel & leisure management

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9 Terms

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Tourism defined

Largest & most influential sector, expected to keep growing. Driven by high demand, expanding middle class market and sustainability innovations

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What is tourism

Travelling for recreational. leisure or business purpose. Consist of 2 industries (tourism & meeting)

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Tourism industries

Consist of accommodations, transport, entertainment, F&B and retail of goods of services

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Meeting industries

Consist of meeting organisers/planners, meeting venues and everything else from tourism industries

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Travel definition

Activity of travelers (people who move from place to place for any purpose and duration)

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Key characteristics of tourism

Arise from movement of people, engagement of activities at destination, stay at destination is short with intention to return, journey takes place outside normal residence & work

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Importance of tourism

Generate revenue, create jobs, bring new business, improve quality of life, markets local community

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Motivation behind travel & tourism

Maslow hierarchy of needs and plog’s psychocentric-allocentric model

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Maslow hierarchy of needs

Explains that as humans meet basic needs, they need to seek more to satisfy higher needs