As the bite of the recession takes hold, and the pound diminishes in value against both the euro and the dollar, it is no surprise that British families are starting to discover the delights of holidaying closer to home. Cumbria Tourism has noted that the recent busy Easter period is a sure sign that the Lake District is in for a bumper summer in 2009!
Posts Tagged ‘Tourism’
Tourism – Characteristics of a Place Product & Segmentation on Basis of Place Product
Saturday, June 27th, 2009A place product is distinguished by variety of businesses and experiences obtainable at that place. Each individual consumes a unique selection of these products. As a consequence, place product is marketed by destination agencies without a clear idea of nature of product being consumed.
Why Do People Travel – The Search For the Authentic Other – Part 1
Friday, June 19th, 2009Tourism is the ‘ism’ that drives the largest industry of the modern world. It forms an integral component of the fast growing business of leisure. Accounting for roughly 11% of global GDP, tourism is a major ‘movement’ impacting the world.
Tourism to Morocco – Facts and Data
Wednesday, June 17th, 2009The global financial and economic crisis has caused severe problems to many sectors of the economy, including the tourist industry. For a country like Morocco, whose main sources of income are tourism, mainly from EU countries and the USA, and the flow of transfers by Moroccans Living Abroad (MLAs), this crisis may seem a like a real threat to its economy, that received a tourist revenue of 57 billion dirhams in 2008, approx. 20% of its GNP. This is particularly obvious if we consider that revenues from tourism have fallen by 20% in the first months of 2009 with regards to the same period in 2008, from 4.33 to 3.46 billions of dirhams. But the Moroccan tourist industry has the potential to avoid the negative effects of the crisis, or even benefit from the changes undergone by the sector.
