Business, 26.11.2021 02:50 dbih2014

Compare and contrast the similarities and differences between international, domestic, and local hospitality and tourism. Clearly identify and define each of these areas as they relate to and function within the hospitality and tourism industry. Fuel costs, airline industry consolidations, politics, exchange rates, availability of consumer’s discretionary money, state tax—these are all economic factors that impact the hospitality and tourism industry.

Evaluate how at least three of these factors can impact the hospitality and tourism industry and analyze the potential significance of their impact.

Imagine that you want to implement two emerging hospitality and tourism trends at the resort you own and operate. Identify a minimum of two current or emerging trends and explain how and why you would utilize these trends.

How does tourism impact local, state, national, and international economies?

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