Research paper on Travel and tourism

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Research paper

• Travel and tourism

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Travel and Tourism

• Factors affecting International Trade
• Companies point of view
• Countriews point of view

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Companies Point of View

• Technological
• Social Media
• Consumer Satisfaction
• Engagements
• Deals Discounts
• others

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Technological

• Rise in globalization an technology has made the
  trade practices rise between the countries up to
  a great extent.
• As rise in technology and innovation is seen,
• Thus the International trade has taken place
  between countries in almost every sector
• Facilitated to form different governing bodies
  like SAARC, WTO, GATT, etc

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Social Media

• Social media platforms and thus this helps in
  making them customers aware about various
  packages and policies and trips which are made
  for them.
• The traffic at social media sites like Facebook
  and Instagram
• Huge in numbers
• Facilitated businesses to make the deals on these
  sites or by the use of their websites.

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Consumer engagement

• Engagement wityh customers is Necessary.
• Helps in gaining Knowledge about perceptions.
• Helps in developing strategies
• Making decisions related to operations.

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Company Point of view

• Trade is a commercial transaction involving the
  sale and purchase of goods, services and
  information. In a simple word it can be said that
  trade is a basic economic concept involving the
  buying ad selling of goods and services.
• Travel and tourism is one of the sector which is
  continuously increased in the world and it aids
  in increasing the expansion of economic income of
  the country. In the Australia, china, Japan, UK,
  US, Germany, India, Indonesia, Korea. Travel and
  tourism sector is one of the industry which
  assists in improving country's expansion in the
  context of infrastructure, economic, employment,
  etc.

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Travel and tourism affecting countries Expansion

• Travel and tourism is one of the most important
  industries for developing countries. This is a
  sector which aid to the countries in increasing
  their economic income as well as infrastructure.
• By their travelling and visiting, national
  revenue is generated. This thing assists in
  improving the economic condition of these
  mentioned countries. As per the research it has
  been founded that in the 2014 1.2 million foreign
  tourists visited the central American country.

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Conti....

• According to the WTTC 's latest research it has
  been founded that travel and tourism's
  contribution to world GDP outpaced the global
  economy for the sixth consecutive year in 2016,
  rising to a total of 10.2 of the world of GDP.
• On the basis of this data review, it can be said
  that in the various countries, travel and
  tourisms has largely assisted in increasing the
  various aspects through which citizens of the
  countries are also beneficial

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Factors affecting travel and tourism sectors
within the countries

• In the various countries like UK, US, Germany,
  India, china, Japan, Indonesia, Korea etc there
  are different kinds of technology, political
  system, pricing policies, economic policies,
  natural resources, legal and regulatory framework
  etc.
• These all factor largely affect the travel and
  tourism sector because according to these
  components, organisation of travel and tourism
  largely influence the expansion, growth and
  development.

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CONCLUSION

• Trade is refers to the activity which is used to
  selling and purchasing the product and services
  either within the country or outside of the
  country. In a simple term it can be said that
  trade is one of the most significant activity
  through which company and country involving the
  buying and selling activities.
• From this project report it has been concluded
  that Travel and tourism is one of the most
  important industries for developing countries.
  This is a sector which aid to the countries in
  increasing their economic income as well as
  infrastructure. With assistance of the travel and
  tourism sector, various countries like china, UK,
  US, Germany, India gets the large number of
  benefits which aid in expanding the country.

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References

• Abdollahzadeh, G. and Sharifzadeh, A., 2014.
  Rural residents' perceptions toward tourism
  development a study from Iran. International
  Journal of Tourism Research. 16(2). pp.126-136.
• Buhalis, D. and Foerste, M., 2015. SoCoMo
  marketing for travel and tourism Empowering
  co-creation of value. Journal of Destination
  Marketing Management. 4(3). pp.151-161.
• Chi, C. G. Q. and et.al, 2013. Investigating the
  structural relationships between food image, food
  satisfaction, culinary quality, and behavioral
  intentions The case of Malaysia. International
  Journal of Hospitality Tourism Administration.
  14(2). pp.99-120.
• Croes, R. and Kubickova, M., 2013. From potential
  to ability to compete Towards a
  performance-based tourism competitiveness
  index. Journal of Destination Marketing
  Management. 2(3). pp.146-154.
• Kang, J. and Park, S., 2014. Factors influencing
  electronic commerce adoption in developing
  countries The case of Tanzania. South African
  Journal of Business Management. 45(2). pp.83-96.
• Kim, J., Ahn, K. and Chung, N., 2013. Examining
  the factors affecting perceived enjoyment and
  usage intention of ubiquitous tour information
  services A service quality perspective. Asia
  Pacific Journal of Tourism Research. 18(6).
  pp.598-617.
• Ku, E. C. and Chen, C. D., 2015. Cultivating
  travellers' revisit intention to e-tourism
  service the moderating effect of website
  interactivity. Behaviour Information
  Technology. 34(5). pp.465-478.
• Scott, D., Hall, C. M. and Gössling, S., 2016. A
  review of the IPCC Fifth Assessment and
  implications for tourism sector climate
  resilience and decarbonization. Journal of
  Sustainable Tourism. 24(1). pp.8-30.

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Thank You
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