Download or read book The Relationship Between Oil Industry and Tourism written by Johnny Ch LOK and published by . This book was released on 2020-09-06 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: New economic development in Tourism and oil industries⦁How to develop new economic tourism industry How to develop tourism industry in new economic environment? Any examination of the new economic development of travel and tourism requires definitions of the subject and its components, which are suitable for economic analysis. However, in new economic development to tourism industry, it is also important to look at tourism conceptually, in order to set the scene for a deeper understanding of the future new tourism industry development.Tourism is neither a phenomenon nor a simple set if industries, however, in new or old economic development environment. It is a human activity which encompasses human behavior, use of resources, and interaction with other people, economies and leisure enjoyment environment. It is also involved physical movement of tourists to locales other than their normal living places. In future new economic environment, traditional travel needs to include these element in order to satisfy traveler enjoyment and leisure feeling: They may include: Tourist needs and motivations, tourism selection and behavior and constraints , travel away from home , market interactions between tourists and those supplying products to satisfy tourist needs and impacts on tourists , hosts, economies and environments. In new economic environment, the tourism products may include: carriers, in any forms of transport for tourist travel accommodation, man-made attractions, which could also include the managed areas of natural attractions, private sector and public sector support services, middlemen, such as tour wholesalers and travel agents.The tourism resources may also include: Natural resources, lands , minerals, water and biological; labor resources, human work, and enterprise; capital resources, manmade enhancement and other resources. The travel and tourism resources problems may include: As there is frequently a mismatch between producer and consumer perception of what constitutes the tourism product , there may be conflict in ideas of which resources are properly involved as well as many of the resources likely to be in demand for tourism are public goods , or even free resources. In new economic development to tourism industry view, we need to consider that tourism and travel has the reputation of being a relatively clean and pleasant industry in which to work or invest in order to attract a greater number of resource suppliers than as less well-perceived industry, which therefore keeps rewards prices down by competition, how to attract those retiring from or travel business for example, if their finances are already sound, income from travel is not expected to be optimal , travel and tourism is frequently highly seasonal , offering rewards that are competitive with other industries only some of the time, destination products are often in locations which are of little use to other industries, so that competition for resource use if minimal and hence rewards are low. In general, tourist purpose may include: recreational purpose : holiday, health and sport and religion as well as business purpose: company business , e.g. conventions and sales trips. So, in new economic tourism development aim, tourism industry need consider hoe to achieve incentive trips to let these both tourists to feel. For example, the overall type of tourism required, destination arrangement, travel mode, accommodation and attraction visiting and purchasing method or distribution channel. The purchasing method choices may include: whether to buy an inclusive package or separate service, whether to buy direct from suppliers, such as airlines or hotels or use an agent , which tour wholesaler or operate or agent to use.

Download or read book Tourism and Oil written by Susanne Becken and published by Channel View Publications. This book was released on 2015 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first to examine oil constraints and tourism, and addresses one of the key challenges for the tourism industry in the future. It provides an estimate of how much oil tourism consumes globally and summarises state-of-the-art information on oil resources, oil data and public discourse. The volume also offers an analysis of the economic implications of increasing oil prices for tourism and discusses key dimensions relevant for tourism in a post peak oil world. It will be useful for tourism stakeholders globally, postgraduate students in tourism and resource management, ecological economists and those researching issues of resource efficiency, carrying capacity and global environmental change.

Download or read book Influencing Tourism and Gas Industry written by Johnny Ch Lok and published by Independently Published. This book was released on 2020-10-12 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: ⦁Does oil price sudden high rising factor influence global oil industry rapid reaches decline life cycle stage?Can sudden oil price sudden raising factor cause global oil industry rapid reaches decline life cycle stage? For example sudden crude oil price raising of last year from US$40 to US$150, even $200 or higher per barrel. Why did it happen to cause global oil industry reaches decline life cycle stage in possible? When global economic growth, if it influences global oil price raises, such as the case crude oil price sudden rises to US$150, even more from US$40 per barrel. Due to global crude oil demand increases, but crude oil supply is shortage. SO, it causes crude oil price increases high percentage from US$40 to US$150, even higher per barrel. Because crude oil is shortage, global crude oil supply reduces, but global crude oil consumers number is increasing.Consequently, it causes global crude oil price may have influential increasing number. IS it good or bad to oil manufacturers when they sell too high crude oil price to global crude oil consumers? Although, it seems that raising crude oil price may help them to earn high profit, it will cause many crude oil users feel crude oil prices are too high. So, they will attempt to choose to use other kinds of oil energy to replace it, when other kinds of similar crude oil energy products can also satisfy their energy needs. Can too high crude oil price influence crude oil industry rapid reaches decline life cycle stage? I shall attempt to explain as below: It is correct that say they the price is linked to the supply and demand balance, the essential is to explain oil price movements by use of the classic model of economics, price=f(demand, supply). We need to find out the commodity whose supply and demand is determining the dynamics of oil. It is therefore reasonable to question whether the economic model utilized really models or if it is applied in an incorrect way to the oil market. Or rather, that the technological complexity of this crude oil market does not allow it to be modelled on the simple relationship between demand and supply at a global level.Econometric models to crude oil is more suitable, which are suitable for the commodities ( coffee, copper, gold etc.), where the production and technological transformation processes are less complex. SO, it implies that crude oil business life cycle stage development factor ought be influenced by its unpredicted refining crude oil manufacturing technological factor as well as it influences that this kind energy product needs how much time to reach growth life cycle stage from birth stage or reaches mature life cycle stage from growth cycle stage, even it will be influenced to experience the decline life cycle stage by any kinds of unpredicted new energy invention. So, if future one new energy invention may be used to replace crude oil raw material to produce any kinds of energy products . Then, global crude oil demand may be influenced to decrease by this kind of new energy invention. Consequently, it may cause global crude oil industry will experience the decline life cycle stage.We refer new to the crude oil market ( raw material ), to the finished products market( gasoline, diesel, jet fuel, fuel oil, chemical feedstocks) and to the financial market for crude and finished products ( futures). We should always remember that in our cars an in airplanes do not use crude oil, but finished products, which are increasingly difficult to produce. We can not also neglect the dramatic developments of the future market and its prodominant role in the world economy. So, if in our future energy development, scientists can invent one kind of energy which does not need to use crude oil ( raw material) to finished any kinds of oil produces. Then, global crude oil industry, it will be possible influenced to rapid reaches life cycle stage.

Download or read book Tourism and Oil written by Susanne Becken and published by Channel View Publications. This book was released on 2015-01-12 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first to examine oil constraints and tourism, and addresses one of the key challenges for the tourism industry in the future. It provides an estimate of how much oil tourism consumes globally and summarises state-of-the-art information on oil resources, oil data and public discourse. The volume also offers an analysis of the economic implications of increasing oil prices for tourism and discusses key dimensions relevant for tourism in a post peak oil world. It will be useful for tourism stakeholders globally, postgraduate students in tourism and resource management, ecological economists and those researching issues of resource efficiency, carrying capacity and global environmental change.

Download or read book Explaining Oil Price Is Not Main Factor to Influence Tourism Industry Development written by Johnny Ch Lok and published by . This book was released on 2020-09-10 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: ⦁Can economic theory explain old price change to influence tourism income?I shall attempt to apply old and new economic theory to explain whether oil changing price has direct relationship to influence global tourism indusry development or tourism income as below: Is oil changing price the main to influence tourism income or tourism development or economic growth ? If oil price rises ar falls, it will or won't cause tourism income decreases or increases? If they have cause and effect relationship, what are the main factors to influence tourism income changes by oil price rises or falls ? I aim to investigate how any why among oil price shocks will influence tourism income variables. We may distinguish between these oil price shocks: Supply-side, aggregate demand and oil specific demand shocks. I assume that oil specific demand shocks affect inflation and the tourism sector equity index. By constrast, I also believe that aggregate demand oil price shock exercisr an effect, either directly and indirectly tourism generated income and economic growth. So, in old economic theory, supply-side, aggregate demand view to oil specific demand shocks will influence tourism income varies. So, governments ought implement strategies against future oil price movements or plan for economic policy development.In fact, instead of oil price changes will influence tourism income, it could also harm economic growth and tourism activities, due to the effect they expert on transporation, production cost, economic uncertainty.Because tourism activities is one important sector to influence any country's leisure consumption GDP income source. So, sudden fluctations in oil prices may also influence economic growth. It is based a hyphthesis known as the tourism led economic growth. So, it seems that they have direct or indirect relationship to case effect between oil price and tourism activities and development. So, increase on tourism income, the called " economic-driven tourism growth". In addition, high oil prices are affecting certain tourism industry segments, e.g. airlines, cruises lines, hotel, rent travelling car services etc. for oil, importing countries example, with reference to macro economic effects, higher oil prices generally lead to higher inflation, when they negatively influence to country's income. Hence, from a micro-economic perspective, positive oil price shocks lead to a decline in disposable income. for low income people, it will bring an immediate and negative impact on tourism, mainly due to they feel tourism leisure is regarded as a luxury good, when oil price shocks to rise suddenly . It influences any airline or cruise entertainment service providers' costs are influenced to raise. Then, they need to increase air ticket or cruise ticket price. It will bring on negative tourism leisure demands-side the oil price increases low income group, potential tourism leisure consumers. Hence, it seems that oil price may have indirect relationship to influence tourism leisure consumers' needs. ⦁How the price of oil changes influences global tourism industry growth or recession?

Download or read book The Impact of Rising Oil Prices on International Tourism written by World Tourism Organization. Market Intelligence and Promotion Section and published by World Tourism Organization Publications. This book was released on 2006 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil prices reached historic levels in 2005 and forecasts underline this upward trend. In view of this, questions have been raised about the current and future effects of very high oil prices on international tourism and on one of its major components, air transport. The purpose of this study is to analyse the observed or possible impact of the recent rise in oil prices on international tourism. Therefore, the study focuses in particular on: Statistical analysis of oil price increases in nominal and real terms; Comparisons with earlier oil shocks in 1974, 1979 and 1990; Analysis of the short-term effect of rising oil prices since 2002; Evaluation of the impact on air transport; Analysis of medium-term scenarios, by region, in terms of positive, negative, or neutral impact and the development of proposals and recommendations.

Download or read book Industrial Development and Eco Tourisms written by Mark C.J. Stoddart and published by Springer Nature. This book was released on 2020-10-07 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the “oil-tourism interface”, the broad range of direct and indirect contact points between offshore oil extraction and nature-based tourism. Offshore oil extraction and nature-based tourism are pursued as development paths across the North Atlantic region. Offshore oil promises economic benefits from employment and royalty payments to host societies, but is based on fossil fuel-intensive resource extraction. Nature-based tourism, instead, is based on experiencing natural environments and encountering wildlife, including whales, seals, or seabirds. They share social-ecological space, such as oceans, coastlines, cities and towns where tourism and offshore oil operations and offices are located. However, they rarely share cultural or political space, in terms of media coverage, public debate, or policy discussion that integrates both modes of development. Through a comparative analysis of Denmark, Iceland, Newfoundland and Labrador, Norway, and Scotland, this book offers important lessons for how coastal societies can better navigate relationships between resource extraction and nature-based tourism in the interests of social-ecological wellbeing.

Download or read book Impacts of Oil and Gas Development on the Recreation and Tourism Off the Florida Straits written by A.T. Kearney, Inc and published by . This book was released on 1991 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book New and Old Economic Theories Explain the Relationship Between Oil and Tourism Industries written by Johnny Ch Lok and published by . This book was released on 2020-08-20 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Service fees and commission cuts strategyThe reduction or removal of airline commission continues to challenge travel agencies' profitability It is crucial to understand what trends travel agencies need to be aware of to ensure how to profitability and increase travel agencies' revenues with service-fee models.Service fees are not only a way to compensate for the loss of airline commission but also a way to generate new revenue sources for travel agencies that guarantee their long term profitability. Many travel agencies are expanding their service fee models, both in terms of the mounts changed and the number of service to airline. However, if travel agent charge too much service fee to exceed the general airline travel market service fee reasonable or standard level. It will influence many airlines do not choose to find the travel agent to help them to sell air tickets. Travel agents apply fees most often for airline related services. They charge differentiated fees depending on the destination, type of reservation ( e.g. frequent flyer), number of tickets sold or type of airline ( e.g. full service versus).However, service fee increases can raise customer loyalty and satisfaction. It won't reduce client numbers or result in a lose in clients.. The reason is that service fees can be tailored to suit individual customer. This helps travel agencies target their clients, with tailored services based on their past purchasing patterns and identity services for which clients' willingness to pay is greater, such as trip planning identity service for which pay, such as hotel only or special promotion.To revenue mix for travel agencies is increasingly shifting to service fes as airlines have lowered or cut commissions. Successful travel agencies in many European countries are fast adopting, and constantly upgrading, their service fee schemes. Thus, it seems reasonable service fee level is one important factor to influence travel agents and airlines good relationship. In fact, even travel agents raise service fee, it won't influence travel consumer number to be reduced, even they raise air ticket price. It they can provide the informations concerning the reasonable hotel rooms prices and food quality comparison to satisfy travel consumers' living arrangement or helping them to find the reasonable restaurants' food prices and where are their location arrangement or providing the reasonable airlines' electronic air tickets or paper air tickets sale service, even arrangement any high entertainment quality of travel destination trips to let travel consumers to feel satisfactory. However, I believe the raise air ticket price factor won't influence the travel consumer number to be decreased. Any offline or online travel agents will encounter this crisis. By cutting travel agents' commission. Airlines decreased their dependence on travel agencies as a distribution channel. In fact, three key variable factors will influence travel agents' commission income to be decreased. They include below: ⦁The unsustainable or no change financial losses by airlines, due to the growth of low cost carriers, leading to an increase in the number of bankruptcies.⦁No negative consequences from previous commission cuts: airline had progressively lowed the commission payments.⦁No effective resource for travel agencies to satisfy airlines needs.

Download or read book Future Tourism written by James Leigh and published by Routledge. This book was released on 2012-09-10 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates and considers the urgent political, social, and economic challenges that confront society and tourism. It attempts to look at what is threatening society, and makes suggestions on what the impact will be and how tourism will be changed to integrate with the new socio-economics of a newly emerging society with its novel peculiar challenges and opportunities in a post-energy era. The book draws on the views of leading thinkers in tourism and considers a broad range of issues from multidisciplinary perspectives facing the tourism industry for the first time in one volume: dwindling energy, new technology, security (like war and terrorism), political economy, sustainability, and human resources. By critically reviewing these social and economic challenges in a global scale, the book helps to create a comprehensive view of future tourism in the unfolding and challenging society of the third millennium. This innovative and significant volume will be valuable reading for all current and future tourism professionals.

Download or read book The SAGE Handbook of Tourism Management written by Chris Cooper and published by SAGE. This book was released on 2021-08-04 with total page 1629 pages. Available in PDF, EPUB and Kindle. Book excerpt: The SAGE Handbook of Tourism Management is a critical, authoritative review of tourism management, written by leading international thinkers and academics in the field. Arranged over two volumes, the chapters are framed as critical synoptic pieces covering key developments, current issues and debates, and emerging trends and future considerations for the field. The two volumes focus in turn on the theories, concepts and disciplines that underpin tourism management in volume one, followed by examinations of how those ideas and concepts have been applied in the second volume. Chapters are structured around twelve key themes: Volume One Part One: Researching Tourism Part Two: Social Analysis Part Three: Economic Analysis Part Four: Technological Analysis Part Five: Environmental Analysis Part Six: Political Analysis Volume Two Part One: Approaching Tourism Part Two: Destination Applications Part Three: Marketing Applications Part Four: Tourism Product Markets Part Five: Technological Applications Part Six: Environmental Applications This handbook offers a fresh, contemporary and definitive look at tourism management, making it an essential resource for academics, researchers and students.

Download or read book Oil Industry Mergers written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Fossil and Synthetic Fuels and published by . This book was released on 1984 with total page 704 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book How Political Activists See Offshore Oil Development written by Eric R. A. N. Smith and published by . This book was released on 1998 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Has Fuel Industry Have Direct Relationship to Influence Tourism Future written by Johnny Ch LOK and published by . This book was released on 2020-11-27 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: *How new economic development in oil industry The future global economic growth, it will influence personal incomes and GDP rise. They would carry different weight in different countries at different times. Starting from low levels of incomer and economic development. Household consumption will change from being dominated by basic heat to rapidly rising energy use for higher levels of comfort in space heating and cooling ( and large dwellings), and greater use of electrical appliances, finally to a degree of saturation influenced by the income distribution patterns of the country concerned. Income distribution typically changes very slowly, so that the technical market for heart will never be saturated because there will always be a proportion of poor people living in small spaces less comfortably than the average. Industrial energy consumption will be influenced by technical efficiency within each sector, and by changes in the structures of the economy, e.g. changing proportions of agriculture, heavy and light industry, and services. One may eventually see evidence of diminishing marginal returns to additional energy inputs compared to other inputs. Energy consumption in the energy transformation sector may be influenced by income, which drives the demand for electricity to influenced by income, which drives the demand for electricity to grow faster than the demand for heat, but is also subject to the chosen technology of transformation, which is influenced by the cost and availability of primary energy inputs ( fuels) in new economic development environment. IN new economic development environment, it will influences that fuels do not compete in all sectors; for example, the transport sector is dominated by oil. Nuclear and hydroelectric power ( and most renewables) reach the user through electricity; electricity itself competes with the direct burning of fossil fuels. Electricity provides the means by which other fuels can compete with oil and gas in sectors, such as space heating and process heat. It also is the only means of powering applications such as motors, computers and lighting: these subsectors are difficult to analyze. However, there is strong evidence that higher incomes do not weaken the demand for electricity so much as the demand for energy in total ( in contrast to the effect on the demand for non-electric energy forms).

Download or read book Allocation of Energy Sources to the Travel and Tourism Industry written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Merchant Marine and Tourism and published by . This book was released on 1979 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economic Theory Explains How Oil Influences Airline Industry Development written by Johnny Ch LOK and published by . This book was released on 2020-08-19 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: New economic development in Tourism and oil industries⦁How to develop new economic tourism industry How to develop tourism industry in new economic environment? Any examination of the new economic development of travel and tourism requires definitions of the subject and its components, which are suitable for economic analysis. However, in new economic development to tourism industry, it is also important to look at tourism conceptually, in order to set the scene for a deeper understanding of the future new tourism industry development.Tourism is neither a phenomenon nor a simple set if industries, however, in new or old economic development environment. It is a human activity which encompasses human behavior, use of resources, and interaction with other people, economies and leisure enjoyment environment. It is also involved physical movement of tourists to locales other than their normal living places. In future new economic environment, traditional travel needs to include these element in order to satisfy traveler enjoyment and leisure feeling: They may include: Tourist needs and motivations, tourism selection and behavior and constraints , travel away from home , market interactions between tourists and those supplying products to satisfy tourist needs and impacts on tourists , hosts, economies and environments. In new economic environment, the tourism products may include: carriers, in any forms of transport for tourist travel accommodation, man-made attractions, which could also include the managed areas of natural attractions, private sector and public sector support services, middlemen, such as tour wholesalers and travel agents.The tourism resources may also include: Natural resources, lands , minerals, water and biological; labor resources, human work, and enterprise; capital resources, manmade enhancement and other resources. The travel and tourism resources problems may include: As there is frequently a mismatch between producer and consumer perception of what constitutes the tourism product , there may be conflict in ideas of which resources are properly involved as well as many of the resources likely to be in demand for tourism are public goods , or even free resources. In new economic development to tourism industry view, we need to consider that tourism and travel has the reputation of being a relatively clean and pleasant industry in which to work or invest in order to attract a greater number of resource suppliers than as less well-perceived industry, which therefore keeps rewards prices down by competition, how to attract those retiring from or travel business for example, if their finances are already sound, income from travel is not expected to be optimal , travel and tourism is frequently highly seasonal , offering rewards that are competitive with other industries only some of the time, destination products are often in locations which are of little use to other industries, so that competition for resource use if minimal and hence rewards are low. In general, tourist purpose may include: recreational purpose : holiday, health and sport and religion as well as business purpose: company business , e.g. conventions and sales trips. So, in new economic tourism development aim, tourism industry need consider hoe to achieve incentive trips to let these both tourists to feel. For example, the overall type of tourism required, destination arrangement, travel mode, accommodation and attraction visiting and purchasing method or distribution channel. The purchasing method choices may include: whether to buy an inclusive package or separate service, whether to buy direct from suppliers, such as airlines or hotels or use an agent , which tour wholesaler or operate or agent to use.

Download or read book The Relationship of Economic Development to Environmental Quality written by United States. Congress. Senate. Committee on Public Works. Subcommittee on Air and Water Pollution and published by . This book was released on 1971 with total page 852 pages. Available in PDF, EPUB and Kindle. Book excerpt: