City: Chicago, IL United States of America
Stage of Development
The city of Chicago has been in existence for nearly 200 years and the tourism market that is present there is very entrenched and advanced in development. The city of Chicago has incorporated tourism as a major component of the city's governing structure and has placed many tourist attractions throughout the city. The city itself is a tourist destination making this city one of the most advance developed tourist cities in the world.
Approach to Destination Management
Both business and government have realized the important contributions that tourism has given the city and manages the city in accordance with that idea. Both city, state and federal governments all play a key role in managing this approach by infusing many tourist and leisure businesses throughout the city and promoted throughout the world.
System of Governance
The system of governance within the city of Chicago and its tourist aspirations denote highly...
From the parks, public transportation, advertising and local ordinance, it is clear that both trickle down concept and putsch and pull effects are being used simultaneously due the size of and scope of a city as large as Chicago (8 million people).
Research Undertakings / Applications of Research
It is clear that those running the tourist portions of the city have done their research and have demonstrated the effectiveness of this endeavor. According to the Associated Press " Tourism generated more than $31 billion for the Illinois economy in 2012, state officials say. That's about 5% more than in 2011, when tourism brought in about $29.5 billion. Tourism generated $2.3 billion in state and local tax revenue in 2012."
The City of Chicago uses a multi-layered approach to planning with a combination of sustainability, economic and community focused. Chicago is noted as having one of the higher satisfaction ratings among…
other intangible assets such as patents and management strength. Finally, those future earnings are discounted to arrive at a net present value. Interbrand discounts against current interest rates and also against the brand's overall risk profile to factor in brand strength. Considerations include market leadership, stability, and global reach -- or the ability to cross both geographic and cultural borders. The final result values the brand as a financial
Tourist Behavior Toward Nature-Based Tourism Activities For most of the developing countries tourism industry is playing a very important role in boosting their economies. In 2004, it was found out that Asia Pacific was one of the fastest growing tourism regions (Cruey, 2005). According to WTO, up to 3% of world's tourism market is made up of Thailand, Indonesia, India and Sri Lanka. It was in 1970's that the development
Management Three Case Studies Event management is a complex, yet very interesting and rewarding profession. According to some, event management involves the organized planning of a particular event, as well as research and successful execution. Such an event may range from a simple social event, such as a birthday or wedding, and can include complex events, such as corporate meetings or product launch parties and concerts. No matter what the event, however,
Good researchers tend to pull methods out of a tool kit as they are needed" (2006, p. 54). Notwithstanding these criticisms and constraints, though, most social researchers seem to agree that classification by some type of research paradigm is a useful approach based on the need to determine which approach is best suited for a given research enterprise. In this regard, Corby concludes that, "The contested nature of research
On October 6, 1973, Israel was attacked by the combined forces of Egypt and Syria. It was Yom Kipper, the most sacred day in the Jewish calendar. Egypt began as Israel had, with an air attack. On the ground, Israel was outnumbered six to one, fielding only about 200,000 soldiers against a combined force of over 1,150,000 Arab troops. Once again, the Soviet Union was involved, sending over 1,000 tons
Some rates had even decreased. Maritime shipping rates grew by 5 to 10% on average in the two weeks after the attack, but that rise was soon reversed. Airfreight rates, however, were about 10% higher in late 2001 than before the attacks. Due to the abrupt slowing of cumulative demand starting in 2000 and the decline in fuel costs after the terrorism, there should have been a steeper falling