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Although this is a survey of research techniques, it has become increasingly apparent, as the study has progressed, that our investigation of research methods for use in tourism and travel studies, without prior consideration of the nature and scopes of tourism and travel themselves, would he inadequate. At the outset it would be imperative to distinguish three interrelated terms. These are recreation, tourism, and travel.

Formal decision analysis is restricted to situations in which alternative choices are available, and often this is not a feature of investment project studies involving touristic facilities. That is, more often than not, a study is made to determine the “feasibility” of a particular proposed project, with primary emphasis on economic considerations; and the decision is merely to go ahead with the project or not. On the other hand in some circumstances there may be alternative choices available, such as several architectural arrangements, alternative locations, etc., and these need to be evaluated on economic criteria. But often the major considerations are essentially non‐economic and no systematic procedures are employed for introducing these factors into the analysis.

The references listed here should serve both as a guide to the free and inexpensive sources of tourism and travel research information and an ‘eye‐opener’ to the wealth of available data that is yours for the asking. In selecting sources of information, efforts have been made to (1) emphasize prime data, (2) list sources which can be used to locate more detailed data, and (3) keep the list brief enough to be actually read and used rather than kept in the bookshelf. Effective utilization can save hours of time and provide useful information that might otherwise be missed. Below, you will find sources in eight categories given within the constraints stated above.

Le tourisme peut être considéré comme un domaine relevant traditionnellement de l'économie, tandis que le domaine de la culture prend une orientation plus sociale. Cependant, même si cette différence entre les deux domaines est réelle, l'importance des liens fondamentaux qui existent entre le tourisme et la culture n'est pas négligeable, et les caractéristiques socio‐culturelles d'une région peuvent être un des aspects les plus importants de l'attrait de cette région. A l'inverse, le succès enregistré par une région au point de vue touristique peut aussi avoir des effets profonds, négatifs ou positifs, sur la vie culturelle de cette région. La présente étude a donc pour objectif d'explorer la nature et la force de principaux liens qui peuvent exister entre les phénomènes du tourisme et de la culture.

The growth of tourism in our society is not a recent phenomenon that came about with the inception of the travel agent. The fact is, that tourism can be traced as far back as to at least Ancient Greece, when, in 776 B.C. visitors from Europe and the Middle East gathered at Mt. Olympus to take part in the very first Olympic Games (Young). Since that time tourism has developed into what today is an industry of major social and economie significance, and its effects range from local to international scales.

The impact of tourism on local economies has long been a concern of individual communities and of governmental agencies interested in promoting this source of local income. The magnitudes are often large and, with fluctuations, continue to increase. The development of recreational opportunities and tourist facilities is often viewed as a means of redressing disparities in regional incomes and employment, and as a major factor in national balance of payments. Indeed, some nations seem to practice a new mercantile policy of maximizing receipts from foreign tourists and minimizing the expenditures of its own nationals abroad (Barucci, 1976).

One of the common law duties owed by the employer is his duty to take reasonable care for the safety of his employee. This common law duty is an implied term in the contract of employment and is therefore contractual in nature. Because of the difficulties which may arise in bringing an action in contract for breach of the employer's duty of care, the employee who has sustained injuries during the course of his employment (although he may sue either in contract of tort will normally bring a tort action.

This paper introduces the ways of estimating the cost of capital. It briefly reviews the main theories of capital structure before explaining how the use of fixed‐interest debt finance might affect the cost of capital. It then considers ways of estimating the cost of equity and finally brings results together. Two final issues are considered: how the cost of capital can be used to appraise projects like the ones the firm is already undertaking; and how it can be used to consider projects that lie outside the normal range of business activities of the firm.

A wheel comprising a casting comprising a hub and a rim, a tyre‐retaining flange on the rim having an annular shoulder, a grease cup fitted in the end of the hub, a fairing retaining the grease cup in the hub, and having its periphery seated on the annular shoulder on the tyre‐retaining flangc, and means carried by the fairing for retaining the fairing and grease cup against displacement.

Some companies see property as a strategic resource that can add value to corporate performance; others view it as a commodity that more often acts as a barrier to core business activities. In both instances, insufficient forward planning often prevents companies from making the most of their property portfolios and avoiding unnecessary costs. This paper looks at how operational property portfolios can be classified according to their strategic significance to the business and, specifically, how occupiers can more closely align property holdings with core business objectives by differentiating between ‘core’, ‘tactical’ and ‘(semi)surplus’ properties. The paper focuses specifically on the topical issue of flexibility, identifying potential costs and considering whether and to what extent short leases and break clauses are worth paying for. It also contains a large number of practical tips for managing real estate liabilities and making assets perform better.