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Travel Industry Economics

A Guide for Financial Analysis

  • Textbook
  • © 2021

Overview

  • Provides a holistic and fully integrated guide to all major travel and and tourism-related financial and marketing operations
  • Includes extensive charts, tables and notes to illustrate major trends and and characteristics in an easy-to-follow format
  • Offers students a comprehensive and comprehensible accessible introduction placed in historical context
  • Includes featured readings that can serve as sources for class discussions, research projects, and term papers

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Table of contents (8 chapters)

  1. Introduction

  2. Getting There

  3. Being There

  4. Doing Things There

  5. Roundup

Keywords

About this book

In this book Harold L. Vogel comprehensively and holistically examines the business economics and investment aspects of major components of the travel industry, including airlines, hotels, casinos, amusement and theme parks, cruise lines, and tourism. The book is designed as an economics-grounded text that uniquely integrates reviews of each sector’s history with economics, accounting, and financial aspects and analysis. As such, it provides a concise, up-to-date reference guide for financial analysts, economists, industry executives, legislators and regulators, advertisers, and journalists interested in the economics, financing, and marketing of travel and tourism-related goods and services.
The fourth edition of this well-established text updates, refreshes, and significantly broadens the coverage of tourism economics. It includes new sections on travel law and applications of big data and artificial intelligence technologies as well as additional materialon demographic spending patterns, the online travel agency business, the pandemic’s effects and affects on industry finances, expanded coverage of the cruise line industry, and information on the damage to tourist destinations caused by excessive pollution and traffic.


Authors and Affiliations

  • Vogel Capital Management, New York, USA

    Harold L. Vogel

About the author

Harold (Hal) L. Vogel was the senior entertainment industry analyst at Merrill Lynch and was inducted into the Institutional Investor magazine’s All-America Research Team Hall of Fame. He is a chartered financial analyst (C.F.A.) and served on the New York State Governor’s Motion Picture and Television Advisory Board, as an adjunct professor at Columbia University’s Business School, and taught at the Cass Business School in London. He earned his Ph.D. in financial economics from the University of London and currently runs an independent investment and consulting firm in New York City while often writing and speaking on investment topics related to travel and tourism, entertainment and media, and extreme market events. His books include Entertainment Industry Economics 10th edition (2020), published by Cambridge University Press, Financial Market Bubbles and Crashes: Features, Causes, and Effects, second edition (2018) published by Palgrave Macmillan, and Travel Industry Economics 4th edition (2021) published by Springer. 

Bibliographic Information

  • Book Title: Travel Industry Economics

  • Book Subtitle: A Guide for Financial Analysis

  • Authors: Harold L. Vogel

  • DOI: https://doi.org/10.1007/978-3-030-63351-6

  • Publisher: Springer Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021

  • Hardcover ISBN: 978-3-030-63350-9Published: 14 May 2021

  • Softcover ISBN: 978-3-030-63353-0Published: 14 May 2022

  • eBook ISBN: 978-3-030-63351-6Published: 13 May 2021

  • Edition Number: 4

  • Number of Pages: XV, 415

  • Number of Illustrations: 61 b/w illustrations, 15 illustrations in colour

  • Topics: Industrial Organization, International Finance, Business Finance, Industries

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