CEO Ho Kwon Ping’s vision was to “string a necklace [of Banyan Tree properties] around the world”. The Asian Financial Crisis of 1997, the SARS crisis of 2003 and the Indian Ocean tsunami of 2004 had taken their toll on the travel and tourism industry [see Exhibit 1]. Although recovery was on the horizon, Ho understood the need to diversify risks across geographical regions and the IPO provided the finances to venture out of familiar territory. Two challenges lay ahead for Ho as he considered
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St Vincent is one of the 32 St Vincent & The Grenadines islands, known as Jewels of the Caribbean. Regarded as a sailors’ paradise, the turquoise waters that surround these volcanic isles are considered some of the best cruising grounds in the world and are home to a wonderful array of marine life making it perfect for snorkelling and diving. Still largely untouched by tourism and with its secluded coves and spectacular backdrops of high mountains cloaked in lush tropical forest and cascading waterfalls
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Why American society needed heroes in the aftermath of World War II- Paul Gallico, described athletic stars as "the Golden People", nothing that in the years following World War I sport had " its first million-dollar prizefights, and the adulation of sports heroes rose to the point almost of national hysteria". As World War I came to a close, however, the " Golden People" were anything but. The horrible devastation of the war and its terrible new weapons had shattered the idealistic notions of
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there different school for each class with different ambitions: The upper classes attended Public schools that was to train them in preparation for leadership of society whiles the middle classes attended grammar schools that prepare them to manage industries. The working class receive very minimal education often run by churches (class note). It is not surprising, that the aim of education has proved to be an issue of contention between the Functionalists on one hand, Marxist on the other and Interactionism
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way of thinking that describes the root of Nike’s approach to marketing. Every person is a potential athlete or “consumer”. This is a common thinking in the realm of athletics but when Bill Bowerman said this, it was in direct reference to the shoe industry. From their marketing strategies to their selling philosophies, Nike has developed one of the most recognizable and demanded names and logo ever. Nike, which is the name of the Greek Goddess of Victory, was born in 1972 when Blue Ribbon Sports (BRS)
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trying to fix with the new system, the problems that arose from the implementation of the new system, and how Nike resolved these problems. Nike was founded in 1957 on the vision of two men, Bill Bowerman and Phil Knight; a vision to redefine the industry of athletic footwear. Bill Bowerman was a track and field coach at the University of Oregon in search of a competitive edge for his athletes, a competitive edge which could be achieved by spearheading changes to the running shoes of the time. At
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socio-cultural assets and to devise appropriate mitigative measures and management plans to protect and better enhance cultural heritage for tourism development. The need to promote the cultural heritage of the Central Luzon region in the tourism industry should be balanced with the need to preserve and conserve the sociocultural integrity of these resources. The implications of tourism to the cultural heritage of the region must be evaluated so that appropriate measures to protect its integrity are
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Project About: “ Travel And Tourism of Switzerland” Flag: It may be hard to believe but the famous white cross on a red background has only been the national flag of Switzerland since the 19th century. The origins of the flag, though, date back to 1339 and the historic Battle of Laupen, when Confederate soldiers began using the white cross as their field sign. History: Switzerland evolved over many centuries from a loose alliance of small self-governing
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used engineering materials nowadays. Epoxy resin which is routinely used as adhesives, coating encapsulates, casting materials, potting compounds and binders. INTRODUCTION Epoxy resins were first commercialized in 1946 and are widely used in industry as protective coatings and for structural applications, such as laminates and composites, tooling, molding, casting, bonding and adhesives, and others. The ability of the epoxy ring to react with a variety of substrates gives the epoxy resins versatility
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Current trends with alternative investment apart from oil industry” by Panakant Raschasri 5303640691 Middle East Economy Background The economic structure of Middle Eastern nations are different in the sense that while some nations are heavily dependent on export of only oil and oil-related products (such as Saudi Arabia, the UAE and Kuwait), others have a highly diverse economic base (such as Cyprus, Israel, Turkey and Egypt). Industries of the Middle Eastern region include oil and oil-related products
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