Upon Arrival: Hotels, Rental Cars, Cruise Ships, and More
E. Andrew Boyd
Chapter Chapter 7 in The Future of Pricing, 2007, pp 85-102 from Palgrave Macmillan
Abstract:
Abstract People in America like to travel. With annual expenditures of $1.3 trillion on travel and tourism, $1 out of every $10 dollars accounted for in the gross domestic product goes toward getting somewhere, staying somewhere, and doing business or having fun while there. We take planes, trains, cars, buses, and boats. We use hotel rooms at an average of two and a half million per day. We shop, visit historical sites, play at theme parks, gamble in casinos, eat in restaurants, engage in athletics, and treat our bodies to rejuvenating spa therapies. Along the way, we generate over $100 billion in tax revenue.
Keywords: Venture Capital; Travel Agent; Revenue Management; Hotel Room; Cruise Ship (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-60690-6_7
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DOI: 10.1057/9780230606906_7
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