Prof. Dr. ANTONELLO FIGETTO1, Prof. Dr. ALBA DUMI2
Authors country of origin: Italy1, Albania2
Institutional affiliation: 1Department of Management and Marketing, Ministry of Economy,2Vice Dean at TBU Tirana University, Department of Finance and Accounting, Tirana University.
Abstract
Introduction: Nowadays, the tourist phenomenon involves millions of people moving from their permanent home to a temporary residence. To enable tourists to travel these people have different needs: for transport, sleeping, and for meals, etc. The sum of all these services is what we define as the hospitality industry, which is one of the world’s leading economic activities. But what do you mean by economic activity?
Economic activity is the coordinated and organized whole of all actions and actions to find the goods and services that are appropriate for achieving the goal. At the core of any economic activity lies the fulfillment of human needs. The need for tourism thus constitutes the core of the economic activity of enterprises operating in the field of tourism. Economic activity generally relies on four very interdependent moments: a) Finding the necessary resources for production. The first phase of this activity consists in providing the necessary factors for production, raw material, work, capital. b) The production of goods or services;
The second phase that satisfies the needs consists in: the most appropriate combination of resources used; the transformation of goods and labor into finished products or services (accommodation, restaurant, travel packages, transportation services, etc.)
Volume 3.No.1(2020): April
ISSN 2661-2666 (Online) International Scientific Journal Monte (ISJM)
ISSN 2661-264X (Print)
DOI : 10.33807/monte.3.201912491
DOI URL: https://doi.org/10.33807/monte.3.201912491
Full Text: PDF
This is an open access article under the CC BY-NC-ND license (creativecommons.org/licenses/by-nc-nd/4.0/)