A critical analysis of the 2007 - 2009 global financial and economic crisis and its implications for the travel industry and associated businesses

Bachelor Thesis from the year 2009 in the subject Tourism - Miscellaneous, grade: 1, University of applied sciences, language: English, abstract: There have been numerous incidents in one or more countries in the past that led to sudden and unexpected reductions in demand for tourism services and confronted travel businesses with an economic environment of high uncertainty. However, the current financial and economic crisis appears to be of a larger dimension than most other crises before, and numerous experts around the globe agree that the pr ...