Why Is Demand Important in Tourism free essay sample

Though accurate information cannot be obtained, because of the lacking of sufficient equipment to measure demand and the different ways people travel nowadays, research must be carried out to know more or less tourism demand. Following, there will be deeper examination of the importance of demand, the used methods to identify demand and how the figures help â€Å"reliably forecasting future sales or revenues to determine if a company’s project proposal will be financially reasonable† (Goeldner amp; Ritchie, 2011). Demand in tourism can be related to the willingness of a person to travel and it can be calculated by knowing the things that encourage them and at the same time the determinants that persuade them against traveling to a destination. Consequence of not recognizing the demand of a service can lead to a company’s malfunction. Simply put, a corporation decides to focus on something specifically and spend a large amount of money doing so but without researching, it may end up failing if there is another firm that is known as the best in offering the same service or product. We will write a custom essay sample on Why Is Demand Important in Tourism or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Customers will go to the one they recognize rather than try a new product. Therefore, if not being the best, a company better differentiate itself. Similarly, measuring demand provides sales figures to a firm for it to make final decisions, so as to increase or decrease its product or service, for example, hotels need to estimate the rooms to keep in order to leave the least vacant rooms possible, since it is a service it will not be able to sell for the next day. Other decisions may include pricing, if demand is low, is probably best to lower price to increase demand (Kamlesh, 2010); destinations attractiveness, which places is most popular for tourists and when is the time they like to visit, which determines the highest profitable time; improvement of services, such as in transportation, find a way of traveling faster to a destination or what ways tourists’ prefer to move around. In other words, just as market trend changes tourists’ preferences, motivations and tastes are different every time. It is firms’ responsibility to match variables such as â€Å"the level of age, income, occupation, time, whom to travel with and personality, which determine the destination choice process† (Munoz, 2006). Once understanding the importance of demand, data can be obtained by using measuring demand methods, which consistently has to do with supply- the amount of service available to customers. The most commonly used methods include: Visitor arrivals, Visitor-days or visitor-nights, and amount spent (Goeldner amp; Ritchie, 2011). Visitor arrivals involve counting the number of tourists that arrive at a particular destination. It is relatively easier and precise to use this method when tourists come by public transportation since it is recorded. The data given can be compared to see, for example, when the high peak of a destination is. Visitor-days or visitor-nights measurement is more valued than the former to tourism planners because they can obtain specific data on the estimated number of their target customers. This method also can distinguish tourist expenditures make tourists during day or night. Since not all tourism-related business has the same focus, this method is considered more accurate. For instance, beach operators will most likely want to know the statistics on visitor-days. Thus, up to now, this method is considered the most effective, and unlike the last technique, amount spent, which has significant information but is the hardest to acquire. Normally, tourists hide or pay little attention to it and thus forget over time how much they spend, consequently the preferred information may not be as accurate as expected. This can be as well calculated through tax collections figures. How much tourists spend on lodging, for example, by using the amount of tax collected on room rent, and the rate of the tax on room rent (â€Å"Tourism Phenomenon,† 2011). In brief, methods to measure tourism demand exist to make forecast essentially for tourism marketers and planners, this in turn reciprocally increase demand. Lastly but not least important, for firms to operate efficiently they are to know what methods of demand measure(s) would be more beneficial to them, and then use the information obtained to improve or develop themselves. In this paragraph, Tourism Toronto will be used to explain how businesses use research to achieve success. As the official destination marketing organization for Toronto’s tourism industry, Tourism Toronto is in charge of providing visitors the best experience during their stay in Toronto (Tourism Toronto, [TT], n. d. ). Simply put, they plan visitors’ tours. Visitors create their itinerary, and the company will find those places or events for them while delivering their best services. If looking how it works internally, it obviously by does research of the market trend. Without knowing what is highly demanded, Tourism Toronto would not be able present satisfactory services or meet supply with demand. And even to increase demand, they need advertising; when people like their experience, they would mechanically think where they went is a great destination, and so will promote word of mouth advertising for the company. Also by using methods, it can have a basic idea of when the highest peak season is, and what activities they love doing the most in Toronto. Concerning pricing, they can lower pricing during off-seasons to raise demand during the least profitable times. All in all, Tourism Toronto as a company linked with tourism, it necessitates demand analysis methods the most to succeed in the tourism industry. To conclude, the success of a field in attracting visitors is determined by none other than demand. Accurate data is essential to every company’s development, because it not only shows visitors’ preferences but as well as what exactly is the most profitable strategy that should be implemented.

Chopra essays

Chopra essays Ones background is usually associated with an individuals identity in a society. A society of individuals belonging to different cultural/ethnic backgrounds helps diversify and enrich ones community as people belonging to different faiths and beliefs come together on a common platform to share their knowledge and to apply it to make progress in various spheres of life.America coined as the land of opportunity is a typical example of one such society , where people belonging to all parts of the world come to find their piece of the pie I originally belong to India , a country diversified with numerous cultures , faiths , religions and tradition. India, although not based on such a stable economic Infrastructure as the USA , still has a lot to offer , primarily being its diversity in various cultures , numerous traditions and its society that holds together people from different religions e.g. Hindu , Muslim , Sikh , Christian. India has a rich traditional background which is respected by millions around the globe, who find this feature in ones society quite remarkable , especially in this age of high tension living where people are so caught up with their personal lives , being hard pressed on time even for their kids, that issues like culture , tradition and moral values have no space in their busy schedule. India was ruled by the British empire for nearly 200 years. The English came to India with the sole purpose of plundering its wealth. Known as the golden eagle India was robbed of many of its resources, but there are things that the British could not strip from us, things that allow us to identify ourselves as unique in this world ;...

An Overview Of Political Stability In Pakistan Politics Essay

An Overview Of Political Stability In Pakistan Politics Essay An Overview of Political Factors, Political Institutions norms and conventions which are informal constraints; and enforcement characteristics. The competency of the bureaucracy, business government relations, the political order present, the type of party structure and the qualities of the political leadership are all important political institutions which further instigate other political factors affecting the type of order maintained within the country. The authenticity and credibility of political institutions is therefore at the helm of what the power play within the country is and thus predicting the future of the state. Given the significance of political stability it is only fair that the variable is defined accurately and further investigated. A number of political factors are correlated with political stability, but which factors are responsible for this causation. Macroeconomic policies, estranged international relations and the inefficient use of natural resources are a ll important aspects that may affect the variable concerned. Political freedom, political activism and political confidence are factors that measure the public reaction to the various political institutions and decisions implemented. The authenticity and credibility of political institutions is at the helm of what the power play within the country is. These institutions are built through the political factors and in turn determine the level of political stability within the country. This paper will attempt to unfold the relationship between variables such as judicial autonomy, the level of corruption and the amount of foreign aid being granted on Pakistan’s domestic political stability. An empirical approach using both past literature and new primary research will be utilized in concluding the causal effects.

Operations Management - Managing Quality Essay Example | Topics and Well Written Essays - 500 words

Operations Management - Managing Quality - Essay Example Here are my recommendations for improving the speed and quality of loan requests department. Firstly, we should amend the loan approval procedure for consumers by categorizing consumers in two categories. First category should be of new customers or the people availing this service from us first time. Consumers availing this service from us second time or more should be constitutes the second category. The checking criteria for providing loan to the customers of first category should be very strict while people from second category should be provided loan to nearly previous amount of money checking the client's relationship with the bank in previous transaction or transactions. I also suggest changing the payment method of the loan underwriters from time period basis to the combination of time based salary plus incentive with respect to number of loan requests processed. In this way the loan underwriters will try to complete maximum number of loan requests in order to gain more incentive. Complexities and deficiencies in quality measurement are, in part, associated with the intricacies in defining quality and the varied application of the term. The term quality stands for a high level of quality in an economic terms but the term quality to explain fitness for purpose is the one that is most pertinent to the development of performance indicators for contracts.

Plan of Care Essay Example | Topics and Well Written Essays - 500 words

Plan of Care - Essay Example The organs include head, neck, nose, mouth, and throat. The visual assessment will encompass looking for anomalous shape, color, size, texture among other aspects. Generally, nurses utilize physical assessment expertise and skills to identify the patient’s problems and develop a basis of data and information, which are utilized for subsequent nursing processes (Cox & Turner, 2010). I will explain to the student the assessment techniques that are involved in the physical assessment including palpation, percussion and auscultation. Palpation incorporates the utilization of hands to feel the body organs in enabling the assessment of abnormal shape, size, level and location of pain. On the other hand, Percussion incorporates the generation of sound by scrapping or tapping the body part in order to determine the parameters including the organ density and size (Cox & Turner, 2010). Consequently, auscultation entails listening to sound produced by various organs like the throat and lungs. These are the assessment techniques utilized in Evelyn’s scenario: Critical observation is conducted first whereby the nurse takes appropriate time in observing the patient with all senses including eyes, nose and ears. In this process, the nurse must utilize good lightning in order to ascertain his observation on color, shape, position and symmetry. Consequently, observation for odors of skin and mouth is essential (Sawyer, 2012). In this process, deep (5-8 cm) and light (1 cm) touch by the back of the nurse’s hand (or fingers) is utilized to assess the patient’s skin temperature. Consequently, use fingers to inspect the moisture, tender areas and texture. This is an essential part of the physical assessment where by the nurse strikes the body surface to generate sound. The following sounds; resonant, dull, flat and tympanic are utilized to determine shape and size of underlining structures in the relevant body organs (Sawyer, 2012). This assessment mostly

Confucius :: essays research papers

Confucius and Lao Tzu Confucius and Lao Tzu were two highly known scholars in Ancient China. These scholars with their intellectual writings changed the views of the Chinese people. Confucius believed in the moral values and filial piety, he also wanted civic obedience. Lao Tzu was a mystical writer, his comparison between a "perfect world" and the "real world" made people think to act as loving and caring peoples. (Expand on what they thought about) Confucius was brought to the world sometime in 551 BCE in the state of Lu. Confucius was born to the name K’ung Ch’iu, and his father died when he was only 3 years old, leaving his family to a life of poverty. Even though poor, Confucius was given a fine education. Then at the age of 19, he married and had a son and two daughters, but after two years of marriage he was stricken with poverty once again. With poverty striking again he was forced into menial labors for the chief of the district in which he lived. When his mother died in 527 BCE he mourned for a long period of time. After this stage of his life he began a new way of life as a teacher, traveling from place to place with a small group of disciples preaching. His teachings of Chinese ideals and customs soon spread all throughout Lu. In his speeches he also taught the people gathered his view of filial piety and his views of moral values. Then at the age of fifty he was appointed as the minister of crime of Lu. This administration was very successful, and Confucius made Lu very powerful and free from crime. Confucius never wrote his teachings out on paper himself, however they were passed down through his disciples and later wrote out in text form in a document called "Lun Yu."(Encarta ’98, "Confucius) Lao Tzu was born sometime around 570 in the province of Henan and there he was a court librarian. Lao Tzu was not his real name; this name was given to him as an honorific title meaning "Old Master." Lao Tzu spoke to groups of people, about life the way he thought it should be, which was a natural way of life with goodness, serenity, and respect. He did not lay down any code of law of behavior; he believed that conduct came from instincts. He also believed that human life as well as everything else was influenced by outside forces, and simplicity was the key to truth and freedom.

Dwi case with multiple fatalities Essay

Driving while being intoxicated is a serious crime. This becomes more serious when the charge is juxtaposed with multiple fatalities including DWI charges. These charges include underage driving, underage drinking, resisting against arrest and public damage. (Kar, 145) Such an incident took place in Middletown in 1999. This is a perfect example of the multiple fatalities while driving. Henry Bitchel was 15 when he crashed his 1966 Ford on a public telephone booth. The officer in charge booked the offence and tried to measure his blood alcohol level suspecting him being drunk. To this Henry resisted and thus offence was created against the law. However with the help of force the officer registered the blood alcohol level was placed in a much higher than the permissible level. (King, 126) Thus four major charges were lodged against Henry. The first was of underage driving without a valid license, the second charge was underage drinking as he was 15 years of age. The third was resisting arrest and it should be stated that Henry could have well done without this one. The last one was damage of public property in form of a telephone booth. The fifth and the main issue that was charged against Henry was the case of drinking while driving. (Lamb, 243-245) It should be noted that the law is enforced for the betterment of civic society and the good of the civilians. Therefore it is evident that the citizen should follow these rules. Otherwise, as in the case of Henry, there could be multiple fatalities including DWI charges and that is a must avoidable scenario. Works Cited: Kar, P; History of US Automobile Market (Kolkata: Dasgupta & Chatterjee 2005) pp 145 King, H; Civic Fitness Today (Dunedin: HBT & Brooks Ltd. 2005) pp 126 Lamb, Davis; Cult to Culture: The Development of Civilization on the Strategic Strata. (Wellington: National Book Trust. 2004) pp 243-245