Hospitality Business A New Space for Small Entrepreneurs / Poojary, M Chandra.
By: Poojary, M Chandra
Material type:
ArticlePublisher: 1998Subject(s): Small Entrepreneurs | Hospitality Business | Sectoral Entrepreneurship | Entrepreneurship In Sectoral Context | Entrepreneurship Research | Entrepreneurshiprch | Third National Seminar On Current Trends | Biennial Conference Papers
In:
Third National Seminar on Current Trends in EntrepreneurshipSummary: Hospitality business or tourism IS a part of tertiary sector activities, and according to conventional theories on economic development, its growth becomes automatic at higher levels of development. However, now the whole approach towards it needs to be reconsidered in the light of the unexpected expansion of the tertiary sector, which goes against the expected pattern of structural transformation. India, like any other late entrants into the process of modernization, has been experiencing spurt in tertiary sector activities and that too in its informal segment. But it does not mean that the ongoing process of tertiary sector expansion is completely free from state mediation. On the other hand, even prior to the liberalization of the nineties, hospitality business was given the status of industry. Now a neat relation is established between tourism industry and earning of foreign exchange. Hence with the initiation of liberalisation process a number of programmes have been initiated to develop tourism industry. But all this hue and cry is a part of formal business and it does not take into account a number of activities which are very much part of hospitality business. Activities...
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Articles
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Ahmedabad (HO) | (Browse shelf) | Vol. , Issue. | Available | 019833 |
Hospitality business or tourism IS a part of tertiary sector activities, and according to conventional theories on economic development, its growth becomes automatic at higher levels of development. However, now the whole approach towards it needs to be reconsidered in the light of the unexpected expansion of the tertiary sector, which goes against the expected pattern of structural transformation. India, like any other late entrants into the process of modernization, has been experiencing spurt in tertiary sector activities and that too in its informal segment. But it does not mean that the ongoing process of tertiary sector expansion is completely free from state mediation. On the other hand, even prior to the liberalization of the nineties, hospitality business was given the status of industry. Now a neat relation is established between tourism industry and earning of foreign exchange. Hence with the initiation of liberalisation process a number of programmes have been initiated to develop tourism industry. But all this hue and cry is a part of formal business and it does not take into account a number of activities which are very much part of hospitality business. Activities...
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