Download or read book Financing Tourist Development Through Stock Capital written by Aristeidis Samitas and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: As an economic and social activity, tourism could be one of the most important factors for the development of a country. This paper uses the study of business events to investigate the success of financing the tourist sector through stock capital, especially the accommodation sector. Five large tourist enterprises were the focus of the research and the events that were the core of analysis were announcements about financial results. The study identifies and forecasts the way in which stock returns generally react to tourist sector announcements, such as the dissemination of annual, semi-annual and quarterly financial reports. The empirical evidence indicates that the annual reports have a positive impact on stock returns. In the paper the Athens Stock Exchange (ASE) is put forward as an alternative opportunity for tourism companies to raise capital and to extend their development plans.
Download or read book Opportunities and Challenges of Tourism Financing written by Bishnu Prasad Gautam and published by Universal-Publishers. This book was released on 2008-05 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study examines the tourism and tourism financing in triangular form. The first is the impact of tourism and tourism financing on the economic growth and development of the country. The second is the response of the Tourism Business Enterprises (demand side) about the pattern and effectiveness of tourism financing and the third one is the views of the Banks and Financial Institutions (supply side). It uses both primary and secondary data and applies various mathematical and statistical tools such as ratio analysis, correlation coefficient, Phi-coefficient, Chi-square test, t-Test for two sample means and regression analysis (OLS). It found a significant impact of tourism and tourism financing in the economic development of the country. Added to this, it found a significant variation in the structure of financing among various types of business (accommodation, travel, adventure and other business) and ownership forms of businesses (proprietorship firm, partnership firm, private limited and Public limited) based on the common size statements. It incorporated the magnitude of tourism financing, structure, pattern and the indicators of financing as well as the effectiveness of tourism financing.
Download or read book The Financing Requirements of Nature and Heritage Tourism in the Caribbean written by Jorge Roldán and published by Organization of American States. This book was released on 1993 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tourism s Role in Economic Development written by James S. Raj and published by . This book was released on 1969 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Management of State Tourism Development Corporations written by Manjit Singh and published by Deep and Deep Publications. This book was released on 2004 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aims At Looking At Project Planning Practices In State Tourism Coroporation, Their Financial Structure, Evaluation Of Their Operating Performance And Suggesting Ways To Improve The Performance Of The Corporation. Has Case Studies Of Haryana Tourism Corporations, Punjab Tourism Development Corporations, And Himachal Pradesh Tourism Development Corporations.
Download or read book Sustainable Approaches and Business Challenges in Times of Crisis written by Adina Letiția Negrușa and published by Springer Nature. This book was released on with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Presentation and Financing of Tourist Development Projects written by International union of official travel organisations and published by . This book was released on 1977 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Directory Multilateral and Bilateral Sources of Financing for Tourism Development written by World Tourism Organization and published by . This book was released on 1996 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tourism in Africa written by Iain Christie and published by World Bank Publications. This book was released on 2014-06-19 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents how tourism initiates economic development and how constraints to the growth of tourism in Sub-Saharan Africa can be addressed. With 24 case studies that illustrate tourism development, it reveals that despite destination challenges, the basic elements needed to initialize or intensify success are applicable across the region.
Download or read book Sources and Conditions of Financing for Tourist Development Projects written by World Tourism Organization and published by . This book was released on 197? with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book FDI in Tourism written by United Nations Conference on Trade and Development and published by United Nations Publications. This book was released on 2007 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many developing countries are looking to tourism as a potentially promising avenue for economic and human development. This is a relatively new position for some countries, and reflects the rapid increase in tourism in terms of both numbers of arrivals and revenues for several economies in recent years. FDI is one of the routes through which developing countries can carry out tourism, but the dynamics of FDI in this dynamic sector, and its implications, have been relatively little studied. A significant part of tourism's development potential stems from the fact that it links together a series of cross-cutting activities involving the provision of goods and services such as accommodation, transport, entertainment, construction, and agricultural and fisheries production. On the other hand, tourism is a sensitive sector that is vulnerable to external shocks - economic, environmental and political - as well as potentially creating problems of its own. Contrary to common perceptions, one finding of this study is that FDI in tourism is relatively low, compared to other globalized activities (including services such as telecommunications or finance), and compared to domestic investment. FDI exists in only a small number of the many diverse activities that comprise what could be called the "international tourism economy". The main investments are in hotels and restaurants, with little FDI in airlines (although this is growing) and in high profile and important activities such as tour operations or global reservation systems. Tourism-related FDI is also largely concentrated in developed countries.
Download or read book Private Finance for Development written by Hilary Devine and published by International Monetary Fund. This book was released on 2021-05-14 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Covid-19 pandemic has aggravated the tension between large development needs in infrastructure and scarce public resources. To alleviate this tension and promote a strong and job-rich recovery from the crisis, Africa needs to mobilize more financing from and to the private sector.
Download or read book Tourism Economics written by and published by . This book was released on 2002 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Travel Industry Economics written by Harold L. Vogel and published by Springer. This book was released on 2016-05-17 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book Harold L. Vogel comprehensively examines the business economics and investment aspects of major components of the travel industry, including airlines, hotels, casinos, amusement and theme parks and tourism. The book is designed as an economics-grounded text that uniquely integrates a review of each sector's history, economics, accounting, and financial analysis perspectives and relationships. As such, it provides a concise, up-to-date reference guide for financial analysts, economists, industry executives, legislators and regulators, and journalists interested in the economics, financing and marketing of travel and tourism related goods and services. The third edition of this well-established text updates, refreshes, and significantly broadens the coverage of tourism economics. It further includes new sections on power laws and price-indexing effects and also introduces new charts comparing airline and hotel revenue changes and lodging revenue changes in relation to GDP.
Download or read book Tourism Development and the Environment written by Richard Sharpley and published by Earthscan. This book was released on 2009 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 2009. Routledge is an imprint of Taylor & Francis, an informa company.
Download or read book Innovative Financing for Development written by Suhas Ketkar and published by World Bank Publications. This book was released on 2008-09-29 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developing countries need additional, cross-border capital channeled into their private sectors to generate employment and growth, reduce poverty, and meet the other Millennium Development Goals. Innovative financing mechanisms are necessary to make this happen. 'Innovative Financing for Development' is the first book on this subject that uses a market-based approach. It compiles pioneering methods of raising development finance including securitization of future flow receivables, diaspora bonds, and GDP-indexed bonds. It also highlights the role of shadow sovereign ratings in facilitating access to international capital markets. It argues that poor countries, especially those in Sub-Saharan Africa, can potentially raise tens of billions of dollars annually through these instruments. The chapters in the book focus on the structures of the various innovative financing mechanisms, their track records and potential for tapping international capital markets, the constraints limiting their use, and policy measures that governments and international institutions can implement to alleviate these constraints.
Download or read book Political Economy of Tourism written by Jan Mosedale and published by Routledge. This book was released on 2010-01-11 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political economy, in its various guises and transfigurations, is a research philosophy that presents both social commentary and theoretical progress and is concerned with a number of different topics: politics, regulation and governance, production systems, social relations, inequality and development amongst many others. As a critical theory, political economy seeks to provide an understanding of societies – and of the structures and social relations that form them – in order to evoke social change toward more equitable conditions. Despite the early influence of critical development studies and political economy on tourism research, political economy has received relatively little attention in tourism research. Political Economy and Tourism the first volume to bring together different theoretical perspectives and discourse in political economy related to tourism. Written by leading scholars, the text is organised into three sequential Parts, linked by the principle that ‘the political’ and ‘the economic’ are intimately connected. Part one presents different approaches to political economy, including Marxist political economy, regulation, comparative political economy, commodity chain research and alternative political economies; Part two links key themes of political economy, such as class, gender, labour, development and consumption, to tourism; and Part three examines the political economy at various geographical scales and focuses on the outcomes and processes of the political act of planning and managing tourism production. This engaging volume provides insights and alternative critical perspectives on political economy theory to expand discussions of tourism development and policy in the future. Political Economy and Tourism is a valuable text for students, researchers and academics interested in Tourism and related disciplines.
