Canada’s Asset Management Community: Development in Tourism Industry Case Study Analysis
5. Alternatives and Variations
The alternatives and variations which can provide extra perks to the tourism industry, are described below:
5.1 Entertainment
The entertainment and encouragement to the festivals and traditions can give extra benefits to the industry, because tourists are mostly attracted by the culturally diversified events. It can bring opportunities because with more entertainment and fun activities, visitors’ demand increases.(Kasim, 2006)
5.2 Go Green Concept
The go green concept implies the reduction in the fossil and natural hazards, and can be implemented and the recycled materials should be used, which reduces the environmental pollution and creates a healthy environment. Moreover, there should be less usage of plastic bags and bottlesbecause it can bring the additional benefit to the industry.(Kasim, 2006)
5.3 Discount Offers and Trip
The discount offers and trip packages can be given to the tourism industry, which can attract the tourists globally, whowould love to visit all the popular places in Canada during their holidays. The capital asset management industry should aid the industry so the discount offers could be given to the tourists, which can bring progress and lower impediments could be made possible through such steps.(Kasim, 2006).
6. Summary and Conclusion
6.1 Executive Summary
The study is based on the Capital asset management industry in Canada, regarding the progress in Tourism industry, which can bring higher opportunities and open the gateways for the global tourists. Canada is one of the top country in the list of tourism places and the high demand exists from the tourists and visitors. The industry generates the high revenue and it possesses the large ratio of GNI in the economy. However, there are some progress and development factors which should be implemented, as they tend toprovide an excess of benefits in the industry.
The proposed issues are described and the impediments which are the hindrances in the developments are evaluated and their concrete suggestions are mentioned. Although, the major role is played by the government, which can make flexible policies and laws thatcan provide benefit to the industry. The Capital management industry is the most important element, which can fund and aidvarious departments, such as: travel, hotel, social, environmental and local goods. The variations are discussed which can give extra perks and privileges if implemented and they can also create room for growth and expansion for the industry.
6.2 Conclusion
There are different peripheral tourism places in the world thathave unique cultural and environmental characteristics. However, Canada is the most demanded country for tourism and exploration, because of its natural beauty and rich culture. The study is based on the development and advancements in the tourism and travel industry, which can provide chances of global opportunities.
The capital asset management’s role is to enhance and make developments in different areas and facilitate them either financially or socially. Tourism is the most lucrative industry which contributes to the higher amount of revenue in the economy. The progress and the execution of possible strategiesand the legal support by the government can give hype to the Canadian tourism industry...............
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