A brief look at the market feasibility of an intended hotel
Summary :
Table of Contents
- Introduction
- Classification of tourists
- Tourism industry
- Promotional stratergy
- The 4 P's
- Product
- Price
- Place
- Promotion
- General features
- Facilities
- Services
- Assessment of working capital
- Project financing
- Means of financing
- Profitability statement
- Cash flow and debt servicing
Abstract
As per the definition of MANZINKER and KRAFT of Beam University, tourism is the sum of the phenomenon and relationship rising from the travel and stay of a non-resident so far as they do not lead to permanent residence and are not connected to any earning activity. Tourism today is one of the world's fastest growing industries. The significant feature of the tourism industry is that it employees a large number of women educated, uneducated, skilled or unskilled.
Tourism has occupied a strategic position due to its contribution to economic growth and the need for development and maintenance of the tourism infrastructure. A responsive private sector is poised for a leap forward down the information upper highway because electronic traffic will surge through when frequent travelers clicking on their lap top computers would access airline, hotel, car rentals etc. The regional development of tourism is growing in importance along with the planted development of other economic resources and environmental protection.
An increasing amount of investment and promotional expenditure is denoted to extend the tourist season. As tourism is the major earner of local as well as foreign currency Tourism authority of any country gives much publicity to places of general as well as specific tourist interest.
Tourism has occupied a strategic position due to its contribution to economic growth and the need for development and maintenance of the tourism infrastructure. A responsive private sector is poised for a leap forward down the information upper highway because electronic traffic will surge through when frequent travelers clicking on their lap top computers would access airline, hotel, car rentals etc. The regional development of tourism is growing in importance along with the planted development of other economic resources and environmental protection.
An increasing amount of investment and promotional expenditure is denoted to extend the tourist season. As tourism is the major earner of local as well as foreign currency Tourism authority of any country gives much publicity to places of general as well as specific tourist interest.
Latest in the category : Business strategy
5
Determination of hire charges on mobile equipment of MSG (mechanical) for external business at Tata steel
Research papers | 10/29/2009 | en | .doc | 45 pages
Most downloaded in the last 30 days : Business strategy
From the same author : Business strategy
1
A brief look at the financial aspects of starting a hotel
Term papers | 08/25/2009 | en | .doc | 17 pages
2
A brief look at some of the products and job roles in Honeywell
Term papers | 08/25/2009 | en | .doc | 15 pages
3
A brief look at Mico: A part of the Bosch Group
Indian project | 08/25/2009 | en | .doc | 10 pages
4
Minnesota Mining and Manufacturing (3M): A look at its operations and organization in India
Research papers | 08/25/2009 | en | .doc | 23 pages
Change Currency
About the author :
Shaharu B.
Term papers | 11/01/2009 | us | .doc | 19 pages
Term papers | 10/28/2009 | us | .doc | 16 pages
A study on insecticide treatment
Term papers | 10/28/2009 | us | .doc | 20 pages
Our guarantee :
How it works?
Quality guaranteed
Refunds
Secure payment
Who are we ?
