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Travel And Tourism Financing.....

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Running Head: Travel and Tourism Financing 1
TRAVEL AND TOURISM FINANCING
Institution Affiliation
Name
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Running Head: Travel and Tourism Financing 2
Identify major areas of consideration when looking at financing a Travel and Tourism
Venture
Travel and Tourism venture can be considered as a social, cultural as well as economic
phenomenon that entails movement of the people to various places or countries beyond their
usual environment either for business/ professional or personal reasons. The parties involved are
referred to as visitors being either tourists or excursionists. The whole travel and tourism
undertakings have to do with tourism some of which takes the perspective of the tourism
financing and in particular tourism expenditure. It is imperative to note that there is the broad
scope of the travel which further encompasses various activities that take into consideration of
the domestic, inbound and outbound. When considering the aspect of financing this kind of
venture, it is essential to take into consideration the amount of expenditure in line with the
following issues that include accommodation, food and beverage mainly referred to as F & B,
transportation, recreation and entertainment and travel services. These may be considered as
similar to labor processes and inputs which take central parts when making travel and tourism
financing decision. Moreover, it is equally important to consideration the assessment of the cash
inflow expected to be generated from the project if the venture of a business or professional
nature (Evans, Stonehouse, and Campbell 54).
All in all the aspects of financing mainly takes place within the territory of business
ownership in consideration of the extensive range of procedures in addition to the concerns of
the stakeholders. It is thus necessary to review the implication any financing decision to be made
for the interest of all stakeholders involved. This is simple in the case of a private travel and
tourism for instance family vacation in which the players have either saved or have invested in a

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Running Head: Travel and Tourism Financing 1 TRAVEL AND TOURISM FINANCING Institution Affiliation Name Date Running Head: Travel and Tourism Financing Identify major areas of consideration when looking at financing a Travel and Tourism Venture Travel and Tourism venture can be considered as a social, cultural as well as economic phenomenon that entails movement of the people to various places or countries beyond their usual environment either for business/ professional or personal reasons. The parties involved are referred to as visitors being either tourists or excursionists. The whole travel and tourism undertakings have to do with tourism some of which takes the perspective of the tourism financing and in particular tourism expenditure. It is imperative to note that there is the broad scope of the travel which further encompasses various activities that take into consideration of the domestic, inbound and outbound. When considering the aspect of financing this kind of venture, it is essential to take into consideration the amount of expenditure in line with the following issues that include accommodation, food and beverage mainly referred to as F & B, transportation, recreation and entertainment and travel services. These may be considered as similar to labor processes and inputs which take central parts when making travel and tourism financing decision. Moreover, it is equally important to consideration the assessment of the cash inflow expected to be generated from ...
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