Preview

Marketing Mix

Good Essays
Open Document
Open Document
2371 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing Mix
NTRODUCTION TO THE INDUSTRY
The Travel and Tourism industry is still one of the largest single businesses in world commerce and its importance is widely recognized.
The tourism industry is now one of the largest sectors earning foreign exchange. In the face of many benefits, many countries have started assigning due weightage to the tourism industry in their national development agenda.
Tourism statistics:
i. The tourism industry as a whole is presently estimated to earn over US$ 3.5 trillion worldwide. ii. The travel and tourism industry generates about 11% of world GDP and 200 million jobs across the global economy.
TOURISM INDUSTRY IN INDIA
Indian Tourism industry is one of the most important export industries of the country. Although the international tourist inflow is relatively low, India has found tourism emerging as an important sector of its economy.
Recent statistics have revealed that during the first quarter of 2006, the performance of the tourism industry has been very encouraging which has registered an 11% increase in foreign tourist arrivals.
India Tourism office at Tokyo won two International Awards in Tour Expo held at Daegu in Korea for excellent tourism promotion. Indian Pavilion won the Best Booth Design Award as well as Best Folklore Performance Award competing with major players in tourism such as China, Japan, Thailand, Malaysia and Canada.
About the company
The Kuoni Travel Group, India, is the country’s largest travel and Tourism Company and a 100% subsidiary Kuoni Travel Holding.
Kuoni India’s vision focuses on providing all travel and travel-related services to travellers from, within and to India.
Kuoni Travel Group, India was formed when Kuoni Travel Holding, Switzerland acquired 100% equity in SOTC on May 22nd, 1997. The Company was renamed Kuoni Travel (India) Ltd. SOTC World Famous Tours became a valued brand.
Kuoni Travel (India) Ltd. became India’s largest travel company with the acquisition of SITAWorld Travel a

You May Also Find These Documents Helpful

  • Good Essays

    Kuoni Marketing Strategy

    • 4426 Words
    • 18 Pages

    The Kuoni Group is one of Europe’s leading leisure travel companies, and generated consolidated turnover of CHF 4 855 million in 2008 with a worldwide workforce of 9 797 (full-time-equivalent) employees. The company’s activities are focused on its Leisure Travel and Destination Management businesses.…

    • 4426 Words
    • 18 Pages
    Good Essays
  • Good Essays

    Tourism is and will be over the decades, one of the most prominent sources of foreign exchange earnings and from the production point of view, worldwide tourism represents almost 10% of GDP.…

    • 2078 Words
    • 9 Pages
    Good Essays
  • Powerful Essays

    The tourism industry has grown world-wide which has created new jobs within the sector. But…

    • 2737 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    HRD case study

    • 6970 Words
    • 28 Pages

    Anand, Byas, “Merger plan of IA & AI finalised”, The Times of India, New Delhi,…

    • 6970 Words
    • 28 Pages
    Powerful Essays
  • Powerful Essays

    Introduction to Tourism

    • 1369 Words
    • 6 Pages

    * 3. Introduction Tourism is the leader in the production of new jobs. Tourism has developed an important part of the economic foundation of many countries. Growth rate of services sector faster than any other.…

    • 1369 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Aviation Travel Geography

    • 14786 Words
    • 60 Pages

    Travel & Tourism is a truly global economic activity – one which takes place in destinations across the world, from leading capital cities and smaller towns and villages in rural and coastal areas, to some of the remotest points on the planet. It is one of the world’s largest industries, or economic sectors, contributing trillions of dollars annually to the global economy, creating jobs and wealth, generating exports, boosting taxes and stimulating capital investment. Nearly 260 million jobs worldwide are supported by Travel & Tourism – either directly in the industry or in related sectors. And these jobs are vital not only for the livelihoods of those employed, but also for their families and the wider communities in host destinations. Today there are few people who have neither contributed to the growth of Travel & Tourism through their own spending, nor felt the impacts of others’ expenditure. Over the past two decades, since the World Travel & Tourism (WTTC) was founded, substantial progress has been made in raising awareness of the importance of Travel & Tourism. But we still have a long way to go to get our message across clearly to all stakeholders. WTTC is the global business leaders’ forum for Travel & Tourism and our Members are the Chairs, Presidents and Chief Executives of the world’s foremost Travel & Tourism companies, representing all sectors of the industry – from air transport and accommodation to catering, entertainment and recreation – as well as related sectors. Our mission is to maximise the sustainable growth of Travel & Tourism and help ensure that…

    • 14786 Words
    • 60 Pages
    Better Essays
  • Powerful Essays

    Tourism Growth & Trends Scope of International Tourism Industry • Internationally tourism is a growth industry • 1950 2000 2009 2010 2012 2013 • • • • • • 25 million international tourist arrivals 699 million international tourist arrivals 880 million international tourist arrivals 935 million international tourist arrivals 1 billion international tourist arrivals 1.087 billion international tourist arrivals Tourism is the largest industry in the world (UNWTO 2013) 12 6 6-13 3. Tourism – Some Current Statistics 7 Copyright © 2010 Pearson Education,…

    • 1877 Words
    • 27 Pages
    Powerful Essays
  • Good Essays

    In the context of tourism receipts, the contribution from this sector has been very encouraging. For instance, the Malaysian economy registered RM17.40 billion in receipts from 10.22 million visitors in 2000 (just a year after implementing the three-pronged action).…

    • 1486 Words
    • 6 Pages
    Good Essays
  • Good Essays

    The September 11, 2001 attacks on America had immediate impact on the nation's tourist industry. According to statistics, tourism generates more than three point five trillion dollars in revenue worldwide. Eighteen million American are employed in travel and tourism related jobs. In America one out of every ten people are employed in travel. Travel and Tourism has generated ninety nine point five billion in revenue for federal, state and local…

    • 627 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Among the various service industries, tourism in India is the largest and fastest-growing in the country. It has a vast impact on the national economy and plays a major role in other aspects of the country's growth and development, especially the creation of jobs.…

    • 1429 Words
    • 6 Pages
    Good Essays
  • Good Essays

    World travel and tourism as one of the world’s largest industries, supporting 266 million jobs and generating 9 per cent of the World GDP. Each year the global travel and tourism industry generates several thousand billions U.S. dollars in revenue. According to UNWTO the number of International tourist arrivals worldwide exceeded the one billion mark for the first time in 2012 (appendix 1).…

    • 724 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Tourism & travel market

    • 4422 Words
    • 18 Pages

    Moreover, the travel & tourism direct industry GDP is expected to grow at an average of 4.2% per year over the next decade, greater than the 3.6% average annual growth expected for the total global economy and expectations are for employment to grow 1.9% per annum over the next decade (World Travel & Tourism Council, 2013).…

    • 4422 Words
    • 18 Pages
    Powerful Essays
  • Good Essays

    Tourism in India

    • 4923 Words
    • 20 Pages

    Tourism in India is a large industry. The World Travel and Tourism Council calculated that tourism generated $121 billion or 6.4% of the nation's GDP in 2011. It was responsible for 39.3 million jobs, 7.9% of its total employment. The GDP of the tourism sector has expanded 229% between 1990 and 2011. The sector is predicted to grow at an average annual rate of 7.7% in the next decade.[1] In a 2011 forecast the World Travel and Tourism Council predicted the annual growth to be 8.8% between 2011 and 2021. This gave India the fifth rank among countries with the fastest growing tourism industry.[2] India has a large medical tourism sector which is expected to grow at an estimated rate of 30% annually to reach about ₹ 9,500 crore by 2015.[3]…

    • 4923 Words
    • 20 Pages
    Good Essays
  • Powerful Essays

    hospitality

    • 1252 Words
    • 5 Pages

    The Indian tourism and hospitality industry has emerged as one of the key drivers of growth among the services sectors in India. Tourism in India is an employment generator and a significant source of foreign exchange for the country, apart from being an economic activity that helps local and host communities. In 2013, the travel and tourism industry contributed Rs 2.17 trillion (US$ 36 billion) or 2 per cent to the country's gross domestic product (GDP). This is expected to rise to Rs 4.35 trillion (US$ 72.17 billion) in 2024.…

    • 1252 Words
    • 5 Pages
    Powerful Essays
  • Best Essays

    Tourism Essay

    • 4153 Words
    • 13 Pages

    industry in 2010 and tourism employs 56% of the total labour force1. Steady growth in tourism…

    • 4153 Words
    • 13 Pages
    Best Essays

Related Topics