1.4 Key terms Flashcards
Biodiversity
The variety of animal and plant life in a place
Profit
The money a travel and tourism organisation makes after paying costs and taxes
Multiplier effect
How money spent by tourists in a destination circulates through the local economy
ex: money spent in a hotel will help pay staff who work there
Leakage
when money from travel and tourism has come into a country and then leaves (or ‘leaks’ from) it instead of staying in the local economy
UNSECO
United Nations Educational Scientific
Publicity
Attention that is given to something by the media. In marketing terms this has been extended to include any form of disturbing information about a product
Eco-resort
A place that ecotourists visit on holiday to relax
Promotion
Any activity that creates interest in a customer or potential customer