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Lodging, Travel and Tourism, Food Service, Sports and Entertainment
What are the segments of the hospitality and tourism industries?
hospes
What is the origin of the term hospitality?
diversity, ecotourism, market segments
What are three future trends in hospitality and tourism?
eco-tourism
What is a branch of tourism that takes care of the Earth in order for more travel to happen and it affects future generations?
sustainable tourism
What kind of tourism allows a destination to support both local residents and tourists?
leakage
What happens when tourist dollars are spent on imported goods so that revenue ends up in foreign countries?
self-actualization
What is at the highest peak of Maslow's Hierarchy of Needs?
back of house
The chef in a restaurant is considered to be a part of the:
franchise
Which type of restaurant could I invest in to start my own location however, it would be a part of a bigger organization?
Introduction, Growth, Maturation, Decline, and sometimes Renewal
What are the 5 phases of a destination's life cycle?
liesure
What type of travel is for the sole purpose of enjoyment?
infrastructure
What are the physical components of a destination, such as hotels and restaurants, that support tourism?
ordinary
The first fixed-price menus for food appeared in a type of tavern called an _________.
bed and breakfast
What are small unique inns that offer a full breakfast with a night's stay?
food; beverage
The most common restaurant costs are __________ and _____________ cost.
On-site facility
An institutional or noncommercial establishment, such as a hospital or corporation, that provides meals for people involved with the property.
Quick Service Restaurant
A restaurant offering speedy basic services, convenience, and consistent quality at low prices.
Chain
A type of business that has more than one location with the same name under the same ownership.
Return on Investment
A calculation used to determine the ability of a product to generate
profits.
Economic Multiplier
The process of how money filters through a local economy and is spent and re-spent, creating income for other businesses.
Globalization
The increasing integration of the world economy.
Dependables
Travelers who prefer familiarity and creature comforts and seldom try anything new or different.
frequent - flyer miles
Rewards or perks for business travel include:
meeting planner
A person who organizes and plans a meeting.
VFR Travel
Travel for the purpose of visiting friends or relatives.