TO490_glossary - School of Travel Industry Management

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etc. Negative impacts could also take place. These include: inflationary pressure, tension between locals and tourists, pollution, increase traffic, etc. Domestic Tourism- Visits by residents of a country to their own country. E *Events- Includes a broad range of “occurrences,” happenings,” and “activities” that are designed around various themes, with a view to creating or enhancing interest in the destination. Local festivals and mega-events (such as the Olympic Games and world expositions) have prove to be the most effective. Expenditures- Sum total of money spent within the borders of a nation or a political subdivision or a transportation-centered economic area of contiguous states or nations. H Heritage Interpretation- Useful to tourism for its academic approach through informing people of a locale’s history, people, culture etc. Courses can be developed to enable locals to become authentic interpreters of their area’s cultural, historical, and natural heritage. Host Community- Local people. Host community’s role in tourism is their interaction with tourists. The interaction between tourists and host community can be beneficial, harmful or both. I *Incentive Tour- A tour arranged especially for employees or agents of a company as a reward for achievement, usually sales. Spouses are typically included on the trip. *Infrastructure- The facilities, equipment, and installations needed for the basic functioning and daily lives of the residents of a region. These include communication systems, water and sewage facilities, public protection, health, transportation, and the education systems. International Tourism- Comprised of two parts. A) Inbound tourism- Visits to a country by nonresidents. B) Outbound tourism- Visits by residents of a country to another country. L Leakage- Combination of savings and imports. The more tourism expenditures is circulated within and maintained in the local economy, there is less leakage. Lodging Industry- Tourism sector that provides sleeping facilities for visitors. There is a large variety of lodging options for tourists at the destination. Theses include: hotels, motels, bed & breakfasts (B&B), pensions, timeshares, and campgrounds. TO 490, Glossary, page 2
M Meeting and Conventions- A new trend in tourism where visitors come from different areas and converge on a destination to attend a meeting. International participants of conventions and meeting tend to spend more per day during their visit. O Operating Sectors- Various components of the tourism industry. These include: transportation, accommodation, food services, attractions, events, adventure and outdoor recreation, entertainment, trade sector and tourism services. S *Supplier- An industry term meaning any form of transportation, accommodations, and other travel services used by a travel agency or tour operator to fulfill the needs of travelers. Sustainable destinations- The ability of a destination to preserve its physical, social, cultural and environmental resources while it compete in the marketplace. T *Timeshare- Concept of dividing the ownership and use of a lodging property among investors. For example, for $50,000, you can own a hotel unit for one week of the year for the rest of your life. *Tourism-(1)- The entire world industry of travel, hotels, transportation, and all other components, including promotion, that serves the needs and wants of travelers. Tourism today has been given new meaning and is primarily a term of economics referring to an industry. (2)- Within a nation (political subdivision or transportation-centered economic area of contiguous nations), the sum total of tourist expenditures within their borders is referred to as the nation’s tourism or tourist industry and is thus ranked with other national industries. More important than just the total monetary product value of tourism is its role in the balance of trade. Here tourism earnings from foreigners truly represent an export industry. Tourism is an “invisible” export. Tourist Offices and Information Centers- Entities funded by government or local chambers of commerce to provide visiting and potential tourists information about the destination. TO 490, Glossary, page 3
Page 1: GLOSSARY *Denotes definitions adapt

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