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1 – 8 of 8Marvin J. Cetron, Owen Davies, Fred DeMicco and Mohan Song
The purpose of this study is to continue to forecast trends in the hospitality and travel industry with practical implications.
Abstract
Purpose
The purpose of this study is to continue to forecast trends in the hospitality and travel industry with practical implications.
Design/methodology/approach
This study is the updated version of our previous list of trends. The new edition updates the previous report on the implications for the hospitality industry of major trends now shaping the future. We focus mainly on energy, environmental and labor force and work trends and discuss sub-trends under each trend. We then implicate how the trends affect the Hospitality and Travel industry.
Findings
We shared implications under each sub-trends.
Originality/value
The value of this article is to analyze the impact of the environment on the Hospitality and Travel industry from a macro perspective. For each trend, we implicate an estimate for future trends. We hope this article sheds light on the prediction of the Hospitality and Travel industry.
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This paper aims to assess and empirically analyze the impact of marine production manufacturing on gross domestic product (GDP) indicators as a comparative study in Gulf…
Abstract
Purpose
This paper aims to assess and empirically analyze the impact of marine production manufacturing on gross domestic product (GDP) indicators as a comparative study in Gulf Cooperation Council (GCC) countries.
Design/methodology/approach
This study used analytical quantitative approaches to assess the impact of marine production manufacturing on GDP between GCC countries over the period from 2007 to 2015. The data were collected from Global Competitiveness Reports during 2006-2016 and from Food and Agriculture Organization of the United Nations, FAO 2015 reports.
Findings
The results show that Saudi Arabia country has the highest production of marine while Bahrain country is the lowest in GCC. The results of ordinary least squares test show that marine production has a statistical significance on GDP indicators as Pearson correlation matrix shows a strong relationship between all variables.
Practical implications
The main conclusion is that GCC countries must adopt a regional strategy to support maritime activities, especially in the light of green environmental fluctuations. Integrated management plans are also needed to protect vital coastal ecosystems while allowing economic growth and ensuring a better quality of life for all coastal populations. Comprehensive and collaborative leadership provides effective long-term management of coastal ecosystems in the GCC. In addition, GCC countries have high competition with each other for their market share in the global export-based marine production manufacturing.
Originality/value
This paper is the first to present most wealthy GCC countries in terms of marine production manufacturing. Marine production manufacturing introduces to create a new competitive market that generates distinctive internal capabilities for survival and growth in international markets.
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Abstract
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