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The Impact Of 9 11 On Thailands Tourism Industry By Focusing On The First Class Hotel Market In Bangkok
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Book Synopsis The Impact of 9-11 on Thailand's Tourism Industry by Focusing on the First-Class Hotel Market in Bangkok by : Christian Westbeld
Download or read book The Impact of 9-11 on Thailand's Tourism Industry by Focusing on the First-Class Hotel Market in Bangkok written by Christian Westbeld and published by diplom.de. This book was released on 2002-10-07 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inhaltsangabe:Abstract: Sawasdee Khrap welcome to the kingdom of Thailand. A number of valid characterizations such as The Land of Smiles , The Land of Temples and Pagodas and Tropical Vacation Paradise describe Thailand at its best. In addition to these picturesque synonyms, the kingdom gained international recognition through its growing travel and hospitality industry. In 2001 Thailand once again booked the top spot as most preferred tourist destination in South East Asia as well as runner-up position in all of Asia, second only to China. When Muslim extremists hijacked four domestic U.S. flights and cowardly carried out the terrorist attack of 9-11 on the U.S.A., the global travel sector felt the direct impact of the terrorist attacks like no other industry. From one day to the other tourists decided to stay at or close to home and hotel rooms were left vacant. As major employer and source for foreign exchange earnings, Thailand s tourism industry was no exception to the threat. As the brutality and human tragedy of this incident will always be remembered, the following report will focus solely on the implications for the tourism and hospitality industry. In specific, the text will take an in-depth look at the development of the first class hotel market in Bangkok following the September attacks. The report looks at 14 top hotels of Bangkok and their performance from January 2000 to March 2002. Special attention lies on the seven months following the U.S.A. attacks in September 2001, whereas a full year comparison of 2000 and 2001 will also provide valid information. The tourism and hospitality industry is a major economic driving factor not only for Thailand, but also for many other Asian nations. Therefore, the beginning of this report deals with the regional development after the terrorist attacks. This way the reader will get an understanding of the current situation in Asia and the general impact of 9-11. After a general overview of Thailand, the first class hotel market of Bangkok will be analyzed by its occupancy, ADR and RevPar development. These performance related information create the backbone of this report and support further assumptions and findings. For validity reasons, the results are then compared to two independent surveys. The fourth section is made up of the changes in travel patterns, tourism demand and strategies, followed by a comparison of the two best performing individual hotels and their advantages over [...]
Book Synopsis The Impact of Transnational Companies in the Hotel and Tour Business by : Sivavudh Devahastin Na Ayudhya
Download or read book The Impact of Transnational Companies in the Hotel and Tour Business written by Sivavudh Devahastin Na Ayudhya and published by . This book was released on 1982 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Impact of the September 11th Attacks on Tourism by :
Download or read book The Impact of the September 11th Attacks on Tourism written by and published by . This book was released on 2002 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book F&S Index International Annual written by and published by . This book was released on 1998 with total page 1674 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Predicasts F & S Index International Annual by :
Download or read book Predicasts F & S Index International Annual written by and published by . This book was released on 1992 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Predicasts F & S Index written by and published by . This book was released on 1993 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Thailand's Tourism Disasters by : Ahmad Rasmi Albattat
Download or read book Thailand's Tourism Disasters written by Ahmad Rasmi Albattat and published by LAP Lambert Academic Publishing. This book was released on 2014-02 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the last few decades, the tourism and hospitality industry in the world generally and in Southeast Asia particularly has been subjected to several disasters and crises affecting the inbound arrivals and tourist revenue, creating multiple challenges for the private and public sectors. A wave of catastrophic events, such as the September 11 attacks on the World Trade Center in New York, terrorist attacks in Bali, Southeast Asia Tsunami, Arab spring revolution, as well as crisis management and organizational learning, have increased awareness among hospitality and tourism scholars, raising questions about how to read, manage and mitigate the effects of such events on the hospitality and tourism sectors. This monograph read the Thailand profile in depth, and investigated the impact of current disasters on one of the most popular destinations in Southeast Asia. The current crises affecting hospitality and tourism industry, and the most effective strategies for coping with such hazardous events. Furthermore, disaster and crisis management in hospitality and tourism industry.
Download or read book Far Eastern Economic Review written by and published by . This book was released on 1967-04 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Globalisation, Tourism and Simulacra by : Kunphatu Sakwit
Download or read book Globalisation, Tourism and Simulacra written by Kunphatu Sakwit and published by Routledge. This book was released on 2020-08-09 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book draws on the thought of Baudrillard to explore the effects of globalisation and tourism in a Thai context. Arguing that tourism does not necessarily erode local culture but that local culture can in fact be recreated through globalisation and tourism, the author employs studies of the Damnoen Saduk and Pattaya floating markets, showing them to be simulations of Thai culture that undergo changes of form, cultural content and activity, through various stages of representation. With a focus on the themes of the circulation of value and signs, the play of differences and orders of simulacra, this volume examines the extent to which Baudrillard’s theory can apply in a non-western context and in relation to tourism. A study of consumption, tourism and the relations between the global and the local, Globalisation, Tourism and Simulacra will appeal to scholars of sociology and geography with interests tourism, globalisation and social theory.
Book Synopsis The Impact of the September 11th Attacks on Tourism by :
Download or read book The Impact of the September 11th Attacks on Tourism written by and published by World Trade Organization. This book was released on 2002 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report adds recent information (as per April 2002) and analysis to the previous reports Tourism after 11 September 2001; Analysis, Remedial Actions and Prospects and Tourism Recovery Committee for the Mediterranean Region - A joint initiative of Tunisia and Spain with the support of the WTO Business Council. It includes the WTO report on the crisis presented to the Berlin meeting of the Tourism Recovery Committee held on Friday 15 March 2002 and the summaries of the presentations of the various participants at the meeting.
Book Synopsis Proceedings of the Seventeenth Conference New Zealand Geographical Society by : New Zealand Geographical Society. Conference
Download or read book Proceedings of the Seventeenth Conference New Zealand Geographical Society written by New Zealand Geographical Society. Conference and published by . This book was released on 1993 with total page 594 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economic Impact of Tourism in Thailand by :
Download or read book The Economic Impact of Tourism in Thailand written by and published by . This book was released on 1991 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Humanity & Society written by and published by . This book was released on 1986 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Wall Street Journal written by and published by . This book was released on 1984 with total page 982 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Impact of the September 11th Attacks on Tourism: The Light at the End of the Tunnel by : World Tourism Organization, Market Intelligence and Promotion Section Staff
Download or read book The Impact of the September 11th Attacks on Tourism: The Light at the End of the Tunnel written by World Tourism Organization, Market Intelligence and Promotion Section Staff and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Beyond the Mask written by Walter Meyer and published by . This book was released on 1988 with total page 566 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Value Enhancement in the Thai Tourism Industry-Implications of the Online Travel Business by : Pongsak Hoontrakul
Download or read book Value Enhancement in the Thai Tourism Industry-Implications of the Online Travel Business written by Pongsak Hoontrakul and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Findings 1. Tourism contributes 6% of Thailand's GDP at 323.5 billion Baht - increasing at 6% per annum, in contrast to 3.4% for GDP (five-year compound averages); this topic demands close attention. 2. The value chain shows the travel intermediaries as a key extractor of revenues from end users and suppliers due to informational barriers. 3. Evolving from low-margin manufacturer to high-margin design and marketing provider is possible by developing domestic (online) travel intermediaries. 4. Travel intermediaries must progress from service of demand-supply matching and payment transferal, to demand enhancement, database analysis, and financial contract issuance for revenue and risk management. 5. The market structure of tourism is analogous to that of agriculture, railroads as well as airlines, characterized by high entry cost and low marginal cost with inadequate information flow between suppliers and consumers. This leads to destructive competition and/or intermediary exploitation, particularly when intermediaries have market power. 6. Dynamic pricing can be extended and managed by online intermediaries. 7. Contracts between intermediaries and hotel operators are comprised of pre-paid contracts and reserved allocations that may involve a fee analogous to an option premium; remaining capacity is sold on a free-sale basis analogous to commission sales. These contract prices exhibit characteristics of spot prices, forwards and options. 8. The agriculture industry resolved the price elasticity risk induced by market structure problems and separation of consumers from producers through the mechanism of forward and futures contracts. This approach offers great promise for the airline and hotel industries. 9. An analytical solution to the hotel operator's seasonal capacity allocation problem can be based on a linear/quadratic programming approach that determines the choice fixed or variable contracts and accommodates risk and seasonality. 10. An analytical solution to the intermediary's problem of assuring supply to meet predictable demand is based primarily of unconstrained maximization of expected revenues by choice of fixed or variable contracts. 11. Intermediaries can profit from economies of scale by developing and exploiting databases. This permits optimization of the agent's problem in contract choice as well as the hotel operator's problem, the latter solution being sold on a consulting basis to hotels lacking the capacity and expertise to analyze demand. 12. The key element in resolving contract choice is generating precise estimates of demand on a seasonal basis. Much of this is a combination of statistical analysis and personal experience and understanding of sub-markets. 13. An important ancillary aspect of the intermediary's operation is the design and marketing of alternative tourism "experiences" in order to balance seasonal disparities and increase domestic value-added capabilities. Specific recommendations 1. An intermediary should design and produce a scheduling tool, such as the example given, for the use of hotel operators in planning their capacity utilization. 2. An intermediary should select its own mix of supply contracts through a tool based on analysis of demand patterns and linked to revenue maximization, as indicated by the example given. The creation of futures markets with standard contracts in hotel rooms and air tickets would enhance the markets in both products and aid risk management.
