Resilience of Luxury Companies in Times of Change is a book for executives and Masters' level students taking courses in luxury management. It offers an insight into the current and emergent business models and strategies luxury companies apply to remain resilient in times of change. It explores a variety of business models answering the following key questions: What is each brand's value proposition used to attract a consumer's willingness to pay? What is each brand's target audience? How do brands navigate and expand their markets? And how do luxury companies organize their resources to design and develop products and services to continually sell to their customers? The answers to these questions provide the foundation of a luxury company's business strategy and, as a result, its brand architecture. The authors also explore the patterns that have emerged in the ownership, management and the manufacturing in luxury goods companies, where dominance is usually found in certain countries. This book focuses on six key industries in the luxury product sector: fashion, automotive, hospitality, furniture, cosmetics and jewellery. It provides an international perspective with examples drawn from Europe, USA, the Middle East, China and Japan. Through these examples and cases, the authors analyze how luxury companies are facing the challenges posed by external shocks and an extensive need for digitalization. Using concepts and theories from macroeconomics (such as globalisation) and corporate and business strategy, the book aims to connect the dots between theory and practice. Resilience of Luxury Companies in Times of Change provides perspectives of the past, present and future - how luxury companies have evolved over time and managed to stay resilient despite the challenges they have faced through the different eras.

A new model of tourism development has recently emerged out of a widening concern for the morality of tourist experience. Known variously as 'ecotourism', 'new tourism', socially responsible tourism', huge claims are made for it in terms of what it might offer in promoting national tourism development. Yet how well does this new model work in practice? And what does it mean to be an international tourist encountering the cultural, political and economic particularities of the South African experience? Garth Allen and Frank Brennan seek to explore the realities of this new morality of tourism as experienced in four important tourist areas of KwaZulu-Natal in South Africa: the greater St Lucia Wetland Park - South Africa's third largest reserve and a vast and beautiful area accredited World Heritage Status; the Phinda Resource Reserve, renowned for its diverse habitats and rich wildlife; Kosi Bay, a wetland area of international importance; and the Durban beachfront. For the first time they try to locate the international tourist within the moral maze of tourism in the new South Africa. Their analysis can be applied to other societies committed to the belief that investing in tourism development will be a fast track to economic development and will resonate with the moral challenges facing the international tourist.

The negative impacts associated with conventional tourism has occasioned more sustainable forms of tourism including community-based tourism (CBT). Among the benefits of CBT are the improvement of rural economies, empowerment of the local community, and poverty alleviation. In as much as CBT has been promoted as being more beneficial to local communities, its implementation is not without challenges. In the wake of the COVID-19 pandemic, destination marketing organizations and managers of CBT projects have to adopt different marketing strategies including shifting to target new demographics in an effort to remain sustainable. Prospects and Challenges of Community-Based Tourism and Changing Demographics provides theoretical and empirical insights in the prospects and challenges associated with CBT, critically examining issues of structure, impact, management, marketing, support, changing demographics, challenges, sustainability, and implications for the future of CBT. It also highlights critical lessons and trends in CBT from both established and new CBT initiatives to inform the design, management, marketing, and sustainability of CBT projects. This book will be a useful addition to the literature on CBT with its coverage of topics such as conservation, cultural tourism, and sustainable rural livelihoods. This book provides an excellent resource for students, academicians, researchers, tourism and hospitality practitioners, managers, destination managers, stakeholders, tour operators, and policymakers.

Tourism microentrepreneurship is defined as the process of launching a new, or adding value to an existing, enterprise with no more than five employees, providing tourism experiences, food, lodging or transportation, with the aim to support the owner's livelihood and desired lifestyle. Volume 12 of Bridging Tourism Theory and Practice provides an overview of emerging scholarship and best practices on the development and integration of tourism microentrepreneurship in destination stewardship. Tourists have been breaking out of staged tourism enclaves for many decades, but only recently have information technologies empowered: a) tourists with information about destinations and supply, and b) entrepreneurial hosts with marketplaces. Tourism microentrepreneurs' business activity is often informal and fluid, therefore, they have only recently become a visible and increasingly influential stakeholder group. As a result, they are not yet well studied, and practitioners struggle to support and integrate them into destination stewardship. Nevertheless, emerging evidence suggests that fuelling tourism microentrepreneurship and its integration in destination systems can generate added benefits to the host populations while making the destination more competitive and unique. Conversely, there is evidence that when left unbridled, tourism microentrepreneurship can erode the local character of neighborhoods and hurt the image of an entire destination. Tourism Microentrepreneurship shares scholarship and best practices to educate practitioners and to encourage more research on the development of microentrepreneurship and its impact on destination communities.

There is an unbridged gap between human aspirations to travel into space and the barriers to realizing such dreams. Despite optimistic predictions, a viable space tourism industry has yet to emerge, with only a handful of 'millionaire' space tourists having experienced travel in outer space. Space tourism remains an elusive dream. This is the first comprehensive, multidisciplinary work on the emergent phenomenon of space tourism. Leading specialists from a range of fields cover a wide spectrum of topics including the space history and technology underpinning current developments; space tourists' motivations; and the environmental, social, and legal aspects concomitant with a space tourism industry. The book is unique in its focus on virtual forms of space travel, such as those manifesting in virtual reality, films, and games. The volume takes a nuanced and critical approach to the development of aspirations to leave Earth, stressing the far-reaching implications for the environment and for human life and society on Earth. The book is written in an approachable manner, making it accessible to both academics and the interested general reader. Owing to its interdisciplinary character, it should be of interest to practitioners and teachers across the sciences, humanities, and social sciences.

The fixed income and foreign exchange (FX) markets have never been as challenging to operate in as they are today. The post-crash combination of reduced liquidity, higher operating costs, low interest rates, flat yield curves and increased regulation means that market makers and investors alike need to work harder to generate value and remain in full understanding of the markets. Random Walks in Fixed Income and Foreign Exchange brings together the best of detailed and original practitioner-orientated market research on many specialist areas of the bond and FX markets. Written by the highly regarded FX and bonds research desk at Commerzbank, the book offers varied and in-depth insight into specific topics of vital important to dealers and investors, including the cross-currency basis and hedging, the yield curve, and overseas issuance conversion factors which will give investors a genuine edge in generating value. Written in accessible text, it is a must-read for all those interested in bonds and FX.

Previously viewed as a relatively small group of errant travellers rooted in counter-cultural ideas, backpackers have now become a powerful tourist sector of predominantly young travellers, planning and preparing their own trips, and looking for direct cultural contact, novelty and spontaneity all around the globe. The Backpacker Tourist: A contemporary perspective explores the increasing number of people traveling around the world as backpackers and analyses the great diversification of this demographic and their varied experiences while traveling. Martins and Costa highlight the conflicting interpretations in the literature on backpackers and the comparative reflexion between Western and the growing number of Eastern backpackers, particularly relating to their travel motivations and the way they experience destinations. The Backpacker Tourist presents new perspectives to researchers of Tourism Studies and the Sociology of Travel, but also to those who looking for a synthetical, contemporary and critical analysis of contemporary backpacker tourists.

The "Handbook of the London 2012 Olympic and Paralympic Games" is an authoritative and comprehensive account of the world s greatest sporting and cultural event. It tells the complete story of the 2012 Games from inception, through the successful bidding process and the planning and preparation phase, to delivery, the post-Games period and legacy. Written by a world-class team of international Olympic scholars, the book offers analysis of the full social, cultural, political, historical, economic and sporting context of the Games. From the political, commercial and structural complexities of organising an event on such a scale, to the sporting action that holds the attention of the world, this book illuminates every aspect of the 2012 Games, helping us to better understand the vital role that sport and culture play in contemporary global society.

The book is divided into two volumes. "Volume One: Making the Games, " examines the build-up to London 2012, covering key topics such as:

Richly illustrated with the personal accounts of key stakeholders, from sports administrators and politicians to athletes and spectators, and including essential data and evocative visual material, this book is essential reading for anybody with a personal or professional interest in the Olympic and Paralympic Games, global culture or the development of sport.

Giving IT professionals in financial services firms a rounded and comprehensive grounding in their knowledge of their industry, this book offers a primer on the major financial instruments, transactions, and processes, as well as a sound knowledge of the principles of good IT management in the industry.

The book gives readers a clear understanding of equities, bonds, currencies, listed derivatives and OTC derivatives. It explains transactions in those instruments and the requirements of business systems that process these transactions. Transactions covered include (inter-alia) agency and principal purchases and sales, loans and deposits, repos and reverse repos, stock loans; and also the Sharia-compliant 'Islamic' transactions that may be used as alternatives to interest bearing transactions.

Andrew Bradford gives an introduction to how investment firms are regulated; offers an understanding of the STP (Straight-through-Processing) concept following the trade cycle for the transactions from order through to execution through pre-settlement to final settlement; covers basic accounting procedures for the transactions; and conveys the basic principles of good IT management in the investment industry.

Sustainability has become a core concept in considering tourism planning and development. Existing literature on sustainable tourism suggests that tourism will become more sustainable if all stakeholders participate in the tourism development process. Children in Sustainable and Responsible Tourism seeks to fill an absence of research in the sustainable and responsible tourism field involving children as stakeholders. Children in Sustainable and Responsible Tourism argues that children's empowerment should be a core component of any responsible tourism initiatives, and that children's involvement and support should be a requirement in helping to achieve the Sustainable Development Goals (SDGs). Hugues Seraphin's ground-breaking study directly addresses the issue that academic researchers and industry practitioners alike have overlooked and under evaluated the significance of this key segment for the industry. Chapters address issues related to both the 'why' and 'how' of empowering children to be responsible tourists and potential future industry practitioners while providing recommendations for current industry professionals.

The application of holistic optimization methods in the tourism, travel, and hospitality industry has improved customer service and business strategies within the field. By utilizing new technologies and optimization techniques, it is becoming easier to troubleshoot problematic areas within the travel industry. The Handbook of Research on Holistic Optimization Techniques in the Hospitality, Tourism, and Travel Industry features innovative technologies being utilized in the management of hotels and tourist attractions. Highlighting empirical research on the optimization of the travel and hospitality industry through the use of algorithms and information technology, this book is a critical reference source for managers, decision makers, executives, tourists, agents, researchers, economists, and hotel staff members.

The Lived Experience of Work and City Rhythms looks at the working environment, with a focus on the geographical workplace and how this affects the experience of our working lives. It raises key questions such as: Does where we work affect our experience of work? What is the relationship between place and work? What is it like to work in a place dominated by a particular industry or sector? The book draws on empirical research carried out in the City of London - the heart of the UK's financial services sector. The 'Square Mile', as it is also known, is widely perceived to be a distinctive place because of its architecture, history, traditions, and culture. Exploring how the City is experienced as a workplace, this book also presents a method of researching such places through an attention to, and analysis of, their spatial and temporal rhythms. By illuminating how we experience the places where we work, this book explores what makes us feel that we fit in - or don't fit in - to certain places, how a sense of place endures, and how the relationship between people, place, and work can be researched.

Tourism has become the world's largest industry, according to the World Tourism Organization; no surprise when one considers that it incorporates the world's oldest profession. In some developing regions, such as the Caribbean or the South Pacific, tourism is the primary sector in which significant economic growth takes place. In other regions, including areas of Latin America, Africa, the Middle East, and formerly communist eastern Europe, tourism is just beginning to take off. In all of these areas, tourisM's impact has been decidedly mixed. Nowhere is this more visible than in the context of women's roles in tourism. The contributors demonstrate the many ways in which gender determines the roles they play as both tourists and providers of tourism as product and service. A valuable contribution to tourism studies, women's studies, and the literature of economic development.

The premises of this unique collection of research are that women's roles in tourism are gendered, just as are their other roles in gendered societies; that tourism affects women differently than it affects men; and that women themselves are affected in different ways by tourism depending on such factors as race, region, and class (leisured consumer vs. working producer, or guest vs. host). The contributors cover theoretical perspectives, including those provided by feminists and economic development analysts; women's roles in tourism in the mature industries of the Caribbean, Southeast Asia, and the South Pacific; women's roles in the less-developed tourist destinations of the Middle East, Latin America, Africa, and eastern Europe; and implications for the future of economic development policy and of gender relations in tourism.

Mankind has been fascinated with and drawn to the macabre for many years. This is particularly evident in the growing popularity of dark tourism, which centers on locations known for death and suffering. Virtual Traumascapes and Exploring the Roots of Dark Tourism is a pivotal reference source featuring the latest scholarly research in which the rise of new technology platforms is not only changing tourism worldwide, but also facilitating the access to areas of war, mourning, and disaster. Including coverage on a number of topics such as sexual tourism, disaster recovery, and capitalism, this publication is ideally designed for academicians, researchers, and students seeking current research on concepts and methodologies of the dark tourism industry. Topics Covered: The many academic areas covered in this publication include, but are not limited to: Capitalism Consumption Cultural Theory Culture Dark Tourism Disaster Recovery Disaster Tourism Globalization Museums Politics Poverty Sexual Tourism Thana Tourism

This book serves as a comprehensive guide to understanding the theories and applications in managing the Asian fashion supply chain, presenting both quantitative and exploratory studies. Providing academicians and practitioners insights into the latest developments and models, it also offers diverse perspectives on areas like strategic sourcing, quick response strategies, and other essential parts of the supply chain.