Travel and Tourism Lecture Notes🌍.

These flashcards cover key vocabulary related to travel and tourism concepts, organization types, and their aims.

Travel

The act of moving from one place to another.

Tourism

The business of providing services to people on their travels.

Outbound tourism

Traveling to a different country for leisure or business.

Inbound tourism

Visitors coming to a country's attractions from abroad.

Private sector

Organizations that are funded by sales, membership fees, and admission charges, primarily aimed at making a profit.

Public sector

Organizations funded by the government to provide services to the public.

Voluntary sector

Organizations that are funded by grants and donations, often focused on charity and conservation.

Sole trader

A business owned and operated by one individual, who has unlimited liability.

Partnership

A business owned by two or more individuals sharing profits and responsibilities.

Unlimited liability

A situation where the owner of a business is personally responsible for all its debts.

Small to Medium-sized Enterprises (SME)

Businesses with a limited number of employees and revenue, often categorized within the private sector.

VisitBritain

A national organization funded by the government that promotes tourism in the UK.

Conservation

The act of preserving and protecting the environment and historical sites.

Sustainability

Practices that ensure resources are used without depletion, emphasizing long-term ecological balance.