The economics of tourism:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Upper Saddle River, NJ
Prentice Hall
2010
|
| Ausgabe: | 1. ed. |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | Includes bibliographical references and index |
| Beschreibung: | X, 230 S. graph. Darst. |
| ISBN: | 9780131715400 0131715402 |
Internformat
MARC
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| 100 | 1 | |a Reece, William S. |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a The economics of tourism |c William S. Reece |
| 250 | |a 1. ed. | ||
| 264 | 1 | |a Upper Saddle River, NJ |b Prentice Hall |c 2010 | |
| 300 | |a X, 230 S. |b graph. Darst. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 500 | |a Includes bibliographical references and index | ||
| 650 | 4 | |a Tourism | |
| 650 | 0 | 7 | |a Tourismus |0 (DE-588)4018406-7 |2 gnd |9 rswk-swf |
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| 999 | |a oai:aleph.bib-bvb.de:BVB01-017104895 | ||
Datensatz im Suchindex
| _version_ | 1804138599964213248 |
|---|---|
| adam_text | CONTENTS
Preface
ix
Chapter
1
Introduction
1
Introduction
1
Economic Concepts and Issues in Tourism
2
Creating Value for Consumers and Income for
Workers and Owners
3
Supply
3
Demand
4
Rivalry and Competition
4
Government Regulation
4
Tourism Industry Organizations
5
Summary
6
Bibliography
б
Chapter
2
Creating Value in Tourism
7
What Is an Economy? Why Do We Have
an Economy?
7
Income and Value Added
9
Value Added by Travel Agencies
11
How Much Income Can Travel Agencies Expect
to Earn?
11
Value Added in Tourism in the United States
12
Value Added in Tourism in Canada
12
Summary
14
Bibliography
14
Chapter
3
Tourism Consumers
15
Introduction
15
Profiles of U.S. Travelers
15
The National Household Travel Survey
17
Travel Mode
17
Business Travelers
17
Demand for Tourism
19
The Impact of Price Changes
20
The Impact of Income Changes
20
Factors Affecting Demand
20
III
iv Contents
Price and Income Elasticities of Demand
22
Price Elasticity of Demand
22
Cross Elasticity of Demand
22
Income Elasticity of Demand
23
Estimating Elasticities of Demand for Tourism
Services
23
Customer Loyalty Programs
25
Summary
26
Bibliography
26
Chapter
4
Supply, Demand, and the Growth
of Tourism
28
Introduction
28
Travel and Tourism in the Ancient World
29
Travel in the Middle Ages
31
Travel in the Pre-Modern Era
34
The Grand Tour
34
Modern Mass Tourism
35
Supply and Demand
36
Demand
36
Supply
40
Costs
40
Strategic Interactions Among Firms
42
Summary
46
Bibliography
47
Chapter
5
Economic Impact: Output, Income,
and Sustainability
49
Introduction
49
Economic Impact Analysis
50
Direct and Indirect Effects
52
Input-Output Analysis
52
Each Industry Must Have the Outputs of Other
Industries
54
What Assumptions Do We Make When Using
Input-Output Analysis?
56
Sustainable Tourism Development and Ecotourism
57
Intertemporal
Economic Analysis
58
Common Property Resources, Externalities, and Property
Rights
62
Contents
Summary
63
Bibliography
71
Chapter
6
Pricing Tourism Services
73
Introduction
73
Demand
74
Revenue and Marginal Revenue
74
Supply
76
Yield Management
—
Price Discrimination with a Capacity
Constraint
77
Planning to Fly with Empty Seats
82
Price Discrimination Through a Two-Part Tariff
82
Summary
84
Bibliography
84
Chapter
7
Airlines
85
Introduction
85
Growth of U.S. Domestic Scheduled Airline
Service
86
U.S. Federal Regulation of the Airlines
86
Recent Developments in Commercial Aviation
87
How Airlines Create Value
—
The Scheduled Airlines
Business Model
88
Operations
88
Equipment
88
Labor
90
Aircraft Fuel
91
Maintenance
91
Airport Landing and Other Fees
91
Other Operating Expenses
92
Promoting and Selling Airline Tickets
92
Overview of the Performance of the U.S. Domestic
Airline Industry
93
Industry Structure
95
Route Structure
95
Distribution; Reservation Systems
97
Airline Pricing
—
Yield or Revenue Management
98
Overbooking
99
Understanding Airline Price Differences
101
vi
Contents
Consumer
Welfare
Evaluation
of Airline Pricing
102
Airline Pricing with Rising Costs
103
Development of International Airline Markets
104
Open Skies
104
The European Airline Market
106
Rivalry in the Airline Industry
106
The Question of Contestability
107
Rivalry Among Firms
110
Recent Development of the U.S. Scheduled Airline
Industry
115
Summary
119
Bibliography
120
Chapter
8
Tourist Travel by Automobile, Rail, and Bus
123
Introduction
123
Travel by Automobile
124
Travel by Bus and
Motorcoach 126
Travel by Train
126
Car Rental
130
Industry Structure
130
Operations
131
Summary
134
Bibliography
134
Chapter
9
Lodging and Restaurants
136
Introduction
136
Lodging
137
Lodging Demand
137
Lodging Supply Combines Three Businesses
138
Real Estate or Property Ownership
139
Real Estate Investment Trusts
139
Integrated Hotel Operating Companies
140
Private Equity and Institutional Investors
140
Buy or Build?
141
Franchising
141
Management of Operations
143
Industry Segments
145
Pricing
146
Competition in the Lodging Industry
148
Contents
vii
The
Bertrand
Model of Oligopoly
148
Complications in the
Bertrand
Model
of Oligopoly: Differentiated Products
and Capacity Constraints
149
Food and Beverage Service
151
The U.S. Restaurant Industry
152
Costs in the Food and Beverage Industry
153
Using Menus to Capture Restaurant Consumer Surplus
154
Summary
156
Bibliography
157
Chapter
10
Cruise Lines
159
Introduction
159
How Cruise Lines Create Value
161
Structure of the Cruise Line Industry
164
Regulation of the Cruise Industry
166
Freedom of the High Seas
168
Cabotage; Passenger Shipping Act of
1896;
Jones Act of
1920 168
Safety of Life at Sea (SOLAS); the U.S. Coast Guard
170
Cruise Ship Sanitation; Centers for Disease
Control and Prevention
170
Passenger Deposits; Federal Maritime Commission
171
Environmental Regulations
171
Maritime Security
171
Performance, Growth, and Capacity of the Cruise
Line Industry
172
Summary
174
Bibliography
175
Chapter
11
Destinations, Events, and Attractions
Introduction
177
Nations, States, Provinces, Cities, Islands
178
Events
180
Attractions
181
Theme Park Economics
181
The Theme Park Industry
182
Operations
184
Optimal Behavior with High Fixed Costs and
Low Marginal Costs
185
177
viii Contents
Summary
189
Bibliography
189
Chapter
12
Tourism Intermediaries: Travel Agents,
Tour Operators, and Others
191
Introduction
191
Agency in Tourism
192
Travel Agents Create Value
193
The Travel Agent Industry
193
Travel Management
196
Global Distribution Systems
197
Tour Operators and Tour Wholesalers
198
Tour Operators Create Value for Travelers and Service
Providers
199
The Tour Operator Industry
200
Asymmetric Information in the Travel Agent and Tour
Operator Industries
201
Some Economics of Asymmetric Information
203
Tourism Intermediaries Reactions to Asymmetric
Information
204
Summary
206
Bibliography
206
Chapter
13
Casino Gaming
209
Introduction
209
The U.S. Casino Industry
211
The Global Casino Industry
213
Casino Operations
215
Gaming Revenues
215
Gaming Devices
216
Non-Gaming Revenues
217
Taxation and Regulation of Casinos
218
U.S. State Regulation
218
Casino Taxation
219
Native American Casinos
220
Benefits and Costs of Casinos
220
Summary
222
Bibliography
223
Glossary
225
Index
227
|
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| id | DE-604.BV035300016 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T21:30:45Z |
| institution | BVB |
| isbn | 9780131715400 0131715402 |
| language | English |
| lccn | 2008027322 |
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| spelling | Reece, William S. Verfasser aut The economics of tourism William S. Reece 1. ed. Upper Saddle River, NJ Prentice Hall 2010 X, 230 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Includes bibliographical references and index Tourism Tourismus (DE-588)4018406-7 gnd rswk-swf Tourismus (DE-588)4018406-7 s DE-604 Digitalisierung UB Bayreuth application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017104895&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Reece, William S. The economics of tourism Tourism Tourismus (DE-588)4018406-7 gnd |
| subject_GND | (DE-588)4018406-7 |
| title | The economics of tourism |
| title_auth | The economics of tourism |
| title_exact_search | The economics of tourism |
| title_full | The economics of tourism William S. Reece |
| title_fullStr | The economics of tourism William S. Reece |
| title_full_unstemmed | The economics of tourism William S. Reece |
| title_short | The economics of tourism |
| title_sort | the economics of tourism |
| topic | Tourism Tourismus (DE-588)4018406-7 gnd |
| topic_facet | Tourism Tourismus |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017104895&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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