ADVERTISEMENTS: The following are the ten important characteristics of a business: 1. For millennia, there has been a steady change in business travel behavior and some of the most rapid change has occurred within the last 16 years. Business travel invariably includes an element of entertaining business clients; Travel is often in upgraded services, e.g. Independent agencies 2. According to a survey 88% small business owners enjoy business travel. Along with adding revenue to local economies, it contributes greatly to employment rates in areas with booming tourism industries. Business tourism is on the increase, and the tourism industry separates business tourism from leisure tourism in an effort to promote the former by offering particular services for business people. Global agencies 4. Tourism services are high tech backstage and high touch front stage and depend on heavy investments Tourism is a service sector which is based on heavy investments into infrastructures, construction and equipment. It provides employment opportunities in different sectors like banking, insurance, transport, industries, trade etc. Services in the core business of tourism are labour intensive and personalised. Subic is one of the best PEZA zones of the Philippines –offering a wide range of business opportunities for services, manufacturing, trade, logistics, shipping, housing, tourism and other types of … Business travel is travel undertaken for work or business purposes, as opposed to other types of travel, such as for leisure purposes or regularly commuting between one's home and workplace. A flight needs a plane and lodging a hotel. Overview Figure 7.1 The homepage of HelloBC.com, a site where consumers can research and plan their trip to British Columbia. The travel services sector is made up of a complex web of relationships between a variety of suppliers, tourism products, destination marketing organizations, tour operators, and travel agents, among many others. Implant 5. Economic activity: Business is an economic activity of production and distribution of goods and services. What does Business tourism mean? E-agent. it is an economic activity corned with creation of utilities for the satisfaction of […] Meaning of Business tourism. Business travel agencies can be divided into ï¬ ve distinct types: 1. business class or ï¬ rst class. Business tourism is the use of travel services, hotel facilities and other amenities by people who are traveling on business. Definition of Business tourism in the Definitions.net dictionary. National agencies 3. 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