Gross Domestic Product
This is the tool which measures the economic transactions between the UK and the rest of the world.
This is the value of all services and goods that a country produces in a given time period.
This is the amount of money that a tourist spends in the country that they visit.
Money you spend on yourself.
This is a job at any level in a travel and tourism business
This is any job in an industry that supports the travel and tourism industry.
1. Hospitality Business
2. Retail Business
The additional revenue, income or employment created in an area as a result of tourism expenditure.
The amount of money that leaves an economy for products and services purchased from other countries
(therefore does not benefit the first nations economy)
Meaure of how much money a company is making on its product after subtracting all the costs.
1. Creates jobs
2. Money to expand on goods/services
Planes are now more technological advanced and can fly frequently and for a lower price.
This plane seated more passangers
Could fly faster and further then previous aircraft
Global Distribution System
This system is used by travel agents to compare holidays through many different providers.
Great impact on travel indsutry.
Computer Reservation System
This sytem was the original system which linked one travel agent allowing them to book a holiday or product/service.
Knowing where inbound tourists come from to provide the facilities that these tourists want to advertise products/services to them.
The maintanance of a positive public opinion of something, such as a business/destination.
Providing useful up to date info on holiday destinations
Generation of people born between 1946-1964
Older people with substaintal disposable income
Stastical data relating to the population
e.g average age and average income
Significant decline in production of goods/services.
Positive change in the production of goods/services.
Amount of money that one currency is worth in another country.
A quater of a year or 3 months.
A tax paid by airline passangers to the government, collected when the passanger purchases their ticket from the airline.
Duty of care, need to have safety managment policies in place to look after customers.
Travel document issued by a government that contains a persons identify for international travel.
Condtional authorization that allows a foreigner to enter, remain or leave a country.
Personal data must be kept up to date & held securely.
Must not be kept for longer then necessary.
Long term shifts in tempreture and weather patterns.
1. Changing weather patterns, effect choice of destination and length of stay.
2. unreliability of snow, shortens ski season.
Aviodance of using up natural resources.
Lead to increased demand for sustainable travel
Government puts pressure on businesses
Airlines contribution- more fuel efficient & quiter aircraft
Minimise negative economic, environmental, cultural impact
Promote conservation of natural landscape
Improve quality of life
Tourism that centres around awarness of environment & local community.
1. Cause delays & cancellations, airports & airlines may work together to impliment planned cancellations to some flights.
2. Storms cause turbulance, bumpy land & rough landings