What is ‘Load Factor’? And, what is considered in the pricing of an airline seat?

1) What is ‘Load Factor’? And, what is considered in the pricing of an airline seat?
2) Describe the multiplier effect and its effects on the economy of a tourism destination.
3) According to the ‘Transient Occupancy Tax comparing US cities’ link provided in the lecture, what is the hotel total tax in Chicago? Is the tax the same for guests if they are staying at a home share (Air bnb)? If not, explain.
4) Could you argue that tourism impact is not always positive? Defend your position with examples from the Future of Tourism Dubai Video and content on Impact of Tourism from lecture.
5) List and describe two promoters of tourism and the role they play in drawing tourism to a city or country. Use Choose Chicago Link and US Travel Video from lecture to answer this question.

All the video links are in the PDF. Please answer all the questions.

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