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Worldview Merger Paper

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Worldview Travel inks merger deal with Two Canadian agencies: Worldview Travel and Travel Network Corp., have agreed to merge on August 2013.The merger follows recent acquisitions by Worldview in leisure and corporate travel, including Travel Door in Palos Verdes, Calif.; Travel Resources in Toronto; and C Travel in Bermuda. Brands owned by Worldview include Pisa Brothers NYC and Gayle Gillies Travel. Worldview also has a network of more than 350 independent agents (Limone, 2013). Now, there are specific companies with interactive websites to handle the selling, buying, merging, connecting processes between travel agencies all over the world such as: merger network in the following link: http://www.mergernetwork.com/travel-agencies-for-sale/page-1(Merge Network, 2013) Figure 3. OR Fig.3. Examples for Horizontal Integration in Tour Operations Developed by researcher 7-Travel Agents in KSA (Case Study) In the beginning lets explain that the tourism industry in KSA depends on the movement of domestic tourism and inbound tourism for the religious tourism for Hajj and Umrah and visitors coming to visit their relatives. The formal statistics issued in the end of 2011 by (MAS Center, 2011) …show more content…

Inbound visitors spent an estimated (49.2) billion SR, spending for religious purposes accounted for the highest proportion at (62.6%) of the total expenditure. Arab countries represented the largest proportion of the inbound tourism trips with (63.4%) of the total tourists coming to the Kingdom. followed by the countries of South Asia with (22%) of the total. Kuwait, Jordan, UAE, India, and Bahrain were the top five tourism-generating countries, representing about (48.6%) of the total number of tourist trips to the

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