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During which phase of the business cycle is travel and tourism most likely to increase?
More employment opportunities
The demand for hotel rooms increases
The local economy thrives.
Higher unemployment
Expansion
The economic multiplier
Tourists' purchasing power decreases
Economic conditions
When tourists spend money at local attractions, the employees working at the local attractions earn income and spend a portion of their money at local restaurants and stores. What concept does this situation illustrate?
More employment opportunities
The demand for hotel rooms increases
The local economy thrives.
Higher unemployment
Expansion
The economic multiplier
Tourists' purchasing power decreases
Economic conditions
What economic condition typically occurs during a popular vacation destination's off-season?
More employment opportunities
The demand for hotel rooms increases
The local economy thrives.
Higher unemployment
Expansion
The economic multiplier
Tourists' purchasing power decreases
Economic conditions
How does a high level of inflation affect the hospitality and tourism industry?
More employment opportunities
The demand for hotel rooms increases
The local economy thrives.
Higher unemployment
Expansion
The economic multiplier
Tourists' purchasing power decreases
Economic conditions
What typically results when a destination's hospitality and tourism businesses continuously attracts visitors?
More employment opportunities
The demand for hotel rooms increases
The local economy thrives.
Higher unemployment
Expansion
The economic multiplier
Tourists' purchasing power decreases
Economic conditions
Tami is coordinating for a concert of about 30,000 attendees. She is also coordinating with local hotels. Which activity is she addressing?
More employment opportunities
The demand for hotel rooms increases
The local economy thrives.
Higher unemployment
Expansion
The economic multiplier
Tourists' purchasing power decreases
Economic conditions
What is an advantage to a resort community that experiences an increase in travel and tourism?
More employment opportunities
The demand for hotel rooms increases
The local economy thrives.
Higher unemployment
Expansion
The economic multiplier
Tourists' purchasing power decreases
Economic conditions
Which of the following is a factor that influences demand in the travel and tourism industry?
More employment opportunities
The demand for hotel rooms increases
The local economy thrives.
Higher unemployment
Expansion
The economic multiplier
Tourists' purchasing power decreases
Economic conditions
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