'This new and refreshed edition provides timely and helpful updates on travel industry analysis and statistics while broadening the coverage to include new sections on airport management, restaurants, private jet services, golf, ski resorts, and advertising. Dr Vogel writes with clarity, wit, and insight and is to be congratulated for producing a book that serves the needs of a wide-ranging ... Read moreaudience.' Joe Nellis, Cranfield University 'Travel Industry Economics provides a clear, concise, and indispensable analysis of the financial and economic aspects of the travel industry. Travel and tourism are a substantial part of our economy and jurisdictions around the world fiercely compete for that expenditure. Perhaps nowhere is this competition more evident than in casino gambling. Since publication of the first edition, Macau surpassed Las Vegas as the world's largest casino gambling market measured by total revenue. In addition, Pennsylvania surpassed Atlantic City, New Jersey, as the second largest gambling market in the United States. Around the world, travel, tourism, and casino gambling are being used as tools of economic development. Anyone interested in understanding the economics, financing, marketing, and accounting issues of the travel industry and the various segments that comprise it should have this book on their shelf.' Mark W. Nichols, University of Nevada, Reno Praise for the first edition: 'The author is a well-known financial analyst and has obvious experience in the economics of the entertainment industry. Part two of the book, entitled 'Getting There', is a well-written primer on the subject of transport industry and its various segments and contains one of the best-written short treatises on the commercial aviation industry that I have ever read. It dives into technology, regulation, operations, and operations systems including global distribution networks that are the successors to the simple reservations systems of old. The discussion of the economic characteristics of the industry is worth the whole price of the book.' Malcolm A. Noden, Cornell University Show Less