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Study Guide for HFT 1000 There are 9 Modules for this test therefore you should be familiar with the five bulleted items for each module in preparation for the exam The exam consists of 50 questions multiple choice or true false View and read all materials other than the study guide questions Spring 2014 Module 1 o Travel What is the definition and difference between the terms travel and trip Travel is movement of people between relatively distant geographical locations for any purpose and any duration with or without any means of transport o Trip U S Travel Association Person trip defined as one person on a trip away from home county of residence to places 50 miles or more one way on a day or overnight in paid accommodations Know the terminology associated with Tourism being careful to understand the terms territory and associated economic impact information o World Tourism Organization UNWTO defines tourism as The activities of persons traveling to and staying in places outside their usual environment Not more than one consecutive year For leisure business and other purposes o In general tourism includes the activity or practice of touring the business or industry of providing information accommodations transportation and other services to tourists o NOT ALL FORMS OF TRAVEL ARE TOURISM o Different ways to categorize tourism Visitor who does not spend the night in the place visited Spends at least one night in the area 1 Length of stay Day visitor Overnight visitor 2 Reason for travel 3 Activities interests 4 Recreational sports tourism 5 Relaxation tourism 6 Educational sight seeing tourism 7 Adventure tourism 8 Visiting relatives friends tourism 9 Wellness tourism 10 Nature based tourism o Territorial definitions Inbound tourism Outbound tourism Domestic tourism Tourism of non resident visitors within the economic territory of the country of reference Tourism of resident visitors outside the economic territory of the country of reference Tourism of resident visitors within the economic territory of the country of reference International tourism Visitor movement or travel across sovereign national borders What is the Tourism Chain and the activities therein o Complex system of activities and services 1 Trip preparation Anticipation 20 2 Journey from home Travel To 20 3 Stay and Activities On Site Experience 20 4 Journey home Travel From 20 5 Recollections Memories 20 o The tourism chain is described as interconnecting different phases different activities different players Understand the accommodation tax and why it is important o Why is the Tourism industry important to the Economy 1 Tax collected from the travelers Local county tax o Flight ticket o Hotel guest folio o Rental car receipt o The Tourism Industry as described on slides 24 26 should be studied o WTTC reports that the Tourism industry generates 1 6 trillion sales worldwide 2 9 31 of global GDP 3 258 million jobs 4 Industry investment estimated at US 652 billion o A generator of economic growth 1 Industry investment forecasted US 1 5 trillion by 2021 2 4 2 sales growth every year in the next 10 years and as a result 65 millions new jobs to be created 1 in 10 jobs o Why the industry is so big It comprises the activities supporting travel outside their usual environment WTO 1993 1 Transportation 2 Accommodations 3 Food service 4 Shopping 5 Travel arrangement 6 Activities for tourists such as History culture adventure sports recreation entertainment and What is International Tourism many others o International tourism visitor movement or travel across sovereign national borders o Over 800 million international tourist arrivals were recorded per year WTO o It is the world s largest export earner and an important factor in the balance of o The fastest growing economic sector in terms of foreign exchange earnings and job payments for most nations creation Module 2 What points are made on the slide U S Travel and Tourism Industry Impact in 2010 Travel is among the top 10 industries in 48 states and D C in terms of employment 7 4 Million jobs are directly generated by travel expenditures 186 3 Billion in Wages shared by American Workers directly employed by travel 2 7 of nation s gross domestic product GDP attributed to travel and tourism No 1 where travel ranks among services export industries 99 5 of travel industry firms with 500 or fewer employees 1 9 billion of person trips that Americans took for business and leisure purposes What is a person trip o U S Travel Association defines person trip as one person on a trip away from home overnight in paid accommodations or on a day or overnight trip to places 50 miles or more one way away from home What is the definition of Leisure Travel o Top leisure travel activities for U S domestic travelers Visiting relatives Shopping Visiting friends Rural sightseeing Beaches In the bar chart titled Leisure travel behavior more spending strong drive market know all of the opinions differences thereof based on amount of travel over the years Oct 2008 through Oct 2010 o Spend more on food entertainment o Drive Rather than fly Oct 08 60 Oct 09 65 Oct 10 73 o Stay More Nights o Drive Longer Distances Oct 08 22 Oct 09 50 Oct 10 51 Oct 08 19 Oct 09 38 Oct 10 45 Oct 08 18 Oct 09 27 Oct 10 31 o Spend more overall Oct 08 15 Oct 09 25 Oct 10 27 o More expensive hotels Oct 08 8 Oct 09 15 Oct 10 19 o 2006 695 7 billion o 2007 738 0 billion o 2008 772 5 billion o 2009 704 4 billion o 2010 755 6 billion o 2011 794 9 billion o 2012 834 7 billion View the slide Yet Good News Travel spending on the rebound View the slide U S travel supports how many jobs o U S Tourism supports 14 1 million jobs Module 3 What are the different areas of Tourism and what are the different areas of Lodging as described on the slide Lodging is Part of the Tourism Industry o Tourism Industry Hospitality Lodging Operations F B Operations Retail Shopping Stores Transportation Services Destination Activity Sites Destination Resorts Full Service Hotels Limited Service Hotels Sleeping Rooms o Range of Lodging Property Alternatives Know the details on the slides depicting the 2011 Lodging Industry Profile several slides understand the overall state of the industry o At a Glance Statistical Figures 51 214 properties 15 or more rooms 4 874 837 guestrooms 60 0 average occupancy rate 101 70 Average room rate 61 05 revenue per available room RevPAR 137 5 billion in sales 1 8 million U S lodging industry employees o 21 of all U S


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FSU HFT 1000 - Study Guide

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