Travel Industry Economics: A Guide for Financial Analysis

Author:   Harold L. Vogel
Publisher:   Cambridge University Press
Edition:   2nd Revised edition
ISBN:  

9781139198387


Publication Date:   05 November 2012
Format:   Electronic book text
Availability:   In stock   Availability explained
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Travel Industry Economics: A Guide for Financial Analysis


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Overview

Each year, people around the world spend well over one trillion dollars on travel and tourism, making this sector the world's largest, with employment of 300 million people, one-tenth of the global workforce. In this book Harold L. Vogel examines the business economics and investment aspects of major industry components that include airlines, hotels, casinos, amusement and theme parks, and tourism. The result is a concise, up-to-date reference guide for financial analysts, economists, industry executives, legislators, regulators and journalists interested in the economics, financing and marketing of travel-related goods and services. The new edition expands coverage to airport management, Asian gaming, recreational resorts, restaurants, private jet services and advertising. Sections on the pricing and availability of oil and public policy issues such as antitrust and predation have also been added. A glossary, timeline diagrams and technical appendices enhance the book's appeal as a reference tool.

Full Product Details

Author:   Harold L. Vogel
Publisher:   Cambridge University Press
Imprint:   Cambridge University Press (Virtual Publishing)
Edition:   2nd Revised edition
ISBN:  

9781139198387


ISBN 10:   1139198386
Publication Date:   05 November 2012
Audience:   Professional and scholarly ,  Professional and scholarly ,  Professional & Vocational ,  Professional & Vocational
Format:   Electronic book text
Publisher's Status:   Active
Availability:   In stock   Availability explained
We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately.

Table of Contents

Part I. Introduction: 1. Economic perspectives; Part II. Getting There: 2. Wings; 3. Water and wheels; Part III. Being There: 4. Hotels; Part IV. Doing Things There: 5. Casinos; 6. Amusement/theme parks and resorts; 7. Tourism; Part V. Roundup: 8. Performance and policy; Appendix A; Appendix B; Appendix C; Glossary; References; Notes.

Reviews

Praise for the first edition: 'The author is a well-known financial analyst and has obvious experience in the economics of the entertainment industry. Part two of the book, entitled 'Getting There', is a well-written primer on the subject of transport industry and its various segments and contains one of the best-written short treatises on the commercial aviation industry that I have ever read. It dives into technology, regulation, operations, and operations systems including global distribution networks that are the successors to the simple reservations systems of old. The discussion of the economic characteristics of the industry is worth the whole price of the book.' Malcolm A. Noden, Cornell University


Author Information

Harold L. Vogel is author of Financial Market Bubbles and Crashes (Cambridge University Press, 2010) and all editions of Entertainment Industry Economics: A Guide for Financial Analysis (Eighth Edition, Cambridge University Press, 2011), the latter of which is a companion to this volume. At Merrill Lynch & Co. for seventeen years, he was ranked by Institutional Investor magazine as top entertainment industry analyst for ten years and been inducted into its All-America Research Team Hall of Fame. A Ph.D. in financial economics, he writes and lectures on investment topics related to entertainment and media, travel, and market bubbles and crashes, while currently heading an independent investment and consulting firm in New York City.

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