Topic > Business Tourism - 1039

According to the ICCA there are two main types of tourism, recreational tourism and business tourism; IMEX defines tourism as "the provision of facilities and services to the millions of delegates who annually attend meetings, conferences, exhibitions, corporate events, incentive travel and corporate hospitality"[1] however there is no commonly used definition for the business tourism since it does not exist There are many different aspects of the convention industry terms. Davidson 2003 and Swarbrooke 2001 state that "business tourism concerns people traveling for purposes related to their work. As such it represents one of the oldest forms of tourism known to man". traveled for commercial purposes since ancient times.' [2]Trends have a great impact on business tourism, for example the state of the economy is influenced by market changes in the industry; they are also strongly influenced by other forms of communication, such as teleconferencing and the use of email. However, none of these aspects reduce the need for face-to-face communication. Things like government spending reviews affect how businesses must be run to make a profit. Shugborough Hall is an organization that is required to raise additional income resources to fund operations. While it is already successful in the education and visitor attraction market, it is not in business tourism. Considering the size of the UK, we are a relatively small country, however our tourism sector consistently places in the top ten in a recent Mintel report it states that "Currently, the country's inbound tourism industry is worth over 16 billion of pounds, while in terms of travel and tourism demand, the economic contribution... mid-paper... .maintaining set targets Although corporate organizations routinely offer a range of rewards to employees, including vouchers, goods and bonuses in money, travel has proven to be the most effective motivation. It is also the most expensive, with prizes ranging from £500 to £5,000 per head. Travel prizes are generally used by those industries that produce a product or service that involves a high profit margin, such as automobiles, computers and financial services. Works Cited[1] http://www.iccaworld.com/aeps/aeitem.cfm? aeid=107[2] Davidson and swarbrooke[3]http:/ /www.marketresearch.com/product/display.asp?productid=1799125&SID=74063459-494971030-434812661&curr=USD&kw=&view=abs[4] rousim business partnership 2003 [5]travel and incentive executives society (SITE)[6 ] www.businesstourismpartnership.com/.../BusinessTourismBriefing.pdf