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Tourism Gateway 2 - Coggle Diagram

- - - - Disposal income
        
        Luxury Goods
        
        Basic needs
      - Income after taxes
        
        GST
      - Rapidly Developing
        
        Brazil
        
        India
        
        China
        
        With more income they can buy more luxury goods. Since tourism is considered a luxury goods, tend to travel more
      - Leisure time
        
        weekend, Public Holiday
        
        Annual Leave
        
        e.g in Australia , if you work overtime can extend Annual Leave , and with more annual leave people can spend more time away more time from work
      - changing lifestyle
        
        Retired
        
        Example is Grey Nomads in Australia
        
        Fast-Paced
    - - attraction
        
        Natural
        
        Grand-Canyon
        
        man-made
        
        Dubai
    - - Safety Features
        
        Confident that safety is taken care of and will go more there and then tourism will increase
        
        Access to
        
        A380 no longer in production
        
        max 858 people if all economy, but normally less since 1st class and business class
        
        more people means that cost is shared more, cost is cheaper and more people will fly(cost of flying shared among more people)
        
        Fuel-efficient and better materials(carbon-fibre)
        
        Budget airline, planes fuel-efficient and materials light to reduce flying cost. Hence, budget airline can offer cheaper tickets
        
        Access to information , (IT)
        
        Internet access
        
        100 GBPS
        
        Wireless
        
        Makes access to information more convenient, people more willing to travel as they have more information
        
        Devices
    - - Hotels
      - Tpt
      - Weather
  - - - Fluctuation
        
        Reccession
        
        Last major recession in 2008- Triggered in USA by the collapse of the Lehman Brothers
        
        Many banks loaned to people to buy properties, but cannot pay back. Hence, property market in USA burst in 2008
        
        Singapore badly affected, DBS as retirees invested in High Note 10. However, their investments were now worthless
        
        1997 Asian Financial Crisis
        
        July 2nd 1997 in Thailand as they propped up their Thai Baht to keep it high
        
        Thai Government on July 2nd let Thai Baht float, value of it went down
        
        George Sorrows then sold Thai Baht, sold SGD, then sold Malaysian Ringgit, then Philippines Pesos, then sold Rupiah
        
        1 more item...
        
        1984 Crisis
        
        Many people will get laid off in financial crisis, then tourism falls since tourism is a luxury item.
      - Boom
    - - Down
      - 2003 SARS
        
        People feared for their health so the did not travel so they did not travel,causing tourism to fall.
        
        Travel restrictions and advisories. People found it troublesome and hence did not travel
    - - Short Term may drop, long term may increase
      - Eg Tohoku Earthquake 2011, no one wanted to go there, but now people want to go there to see what actually happened
    - - eg 2008 summer olymics in beijing
  - - - mass tends to be rigid and strict, niche is more relaxed based on your personal needs and interests
    - - Short Haul is anything that takes less than 5 hours
      - Long Haul is anything more than 5 hours travelling time
- - - - Hence, NZ government has monitoring for co2 and if co2 is above 2400 ppm, Govt will close the cave and let the air clear naturally until co2 drops below 2400 ppm