Starter: What evidence/clues from the video tell you that the Hilton Group is a transnational corporation (TNC)? Use this presentation to help you.
The role of TNCs - Using this doc.
a) Name three different kinds of TNC involved in tourism.
b) Explain why TNCs can offer cheaper tourism opportunities.
c) What is meant by:
d) What are some of the cost/ benefits for stakeholders (local residents, employees of tourist-related companies, tourists and people interested in development and environmental issues)? Sort these using SEEP.
e) Distinguish between horizontal integration and vertical integration in the travel industry. Explain how TNCs are horizontally or vertically integrated, and the benefit of the links they have to other travel companies. Give real-life examples (you may need to do a quick search).
a) Name three different kinds of TNC involved in tourism.
b) Explain why TNCs can offer cheaper tourism opportunities.
c) What is meant by:
- Economies of scale?
- Multiplier effect?
- Economic leakage?
- Stakeholder?
d) What are some of the cost/ benefits for stakeholders (local residents, employees of tourist-related companies, tourists and people interested in development and environmental issues)? Sort these using SEEP.
e) Distinguish between horizontal integration and vertical integration in the travel industry. Explain how TNCs are horizontally or vertically integrated, and the benefit of the links they have to other travel companies. Give real-life examples (you may need to do a quick search).
Exam-style questions:
Define ‘economy (economies) of scale’ in the context of tourism. [2]
Outline the difference between horizontal integration and vertical integration in the tourism industry. [2]
Explain why TNCs can offer cheaper tourism opportunities. [4]
Define ‘economy (economies) of scale’ in the context of tourism. [2]
Outline the difference between horizontal integration and vertical integration in the tourism industry. [2]
Explain why TNCs can offer cheaper tourism opportunities. [4]