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concept, number and type of hotel rooms, food
and beverage facilities, banquet and meeting space
allocations, and other services offered. The financial
section includes estimates of construction cost,
debt service calculations, replacement reserve
methodologies, return on equity computations,
and other select financial ratios and information
as well as cash flow projections. Finally, the
conclusion section inserted summarises the study
and presents a positive closing statement.
Further reading
Angelo, R. �1985) Understanding Feasibility Studies:A
Practical Guide, East Lansing, MI: The Educational
Institute of the American Hotel and Motel
Association.
Beals, P. and Troy, D. �1982) `Hotel feasibility
analysis, part I', The Cornell Hotel and Restaurant
Administration Quarterly 23: 10±17.
Rushmore, S. �1988). How to Perform an Economic
Feasibility Study of a Proposed Hotel/Motel, Chicago:
American Society of Real Estate Counselors.
ÐÐ �1990) Hotel Investments:A Guide for Lenders and
Owners, Boston: Warren, Gorham and Lamont.
Troy, D. and Beals, P. �1982) `Hotel feasibility
analysis, part II', The Cornell Hotel and Restaurant
Administration Quarterly 23: 58±65.
feast
STEPHEN M. LEBRUTO, USA
Feasts include sumptuous or elaborate meals, often
with entertainment. Religious feast days are
communal celebrations and have often become
public holidays or festivals. Feasts commemorate a
significant event, mark the passage of seasons,
honour a deity, or allow participants to commune
ritually with gods or ancestors �see ritual). They
might also display status through conspicuous
consumption. Food festivals are a modern
version. These all potentially act as tourism
attractions.
See also: festival
DONALD GETZ, CANADA
Federal Aviation Administration
An agency of the US government charged with
oversight of air transportation. Responsibilities
include air traffic control, certifying airlines, aircraft,
flight crew and airports, enforcement of
regulations and development of improved operating
standards. The agency became part of the US
Department of Transportation when the latter
executive department was formed in 1967.
ANTHONY G. SHEPPARD, USA
Federation of International
Youth Travel Organisation
The purpose of the Federation of International
Youth Travel Organisation �FIYTO) is to promote
youth mobility and to broaden the horizons of
young people through travel, language acquisition,
family living, cultural and social tourism and other
opportunities for personal growth. As one of the
largest trade organisations in the youth and student
travel sector, it is the meeting point and advocate
for rapidly growing youth tourism. It has 245
members in fifty-four countries. It offers identity
cards to its youth members to facilitate access to
tourism facilities and culture and leisure activities.
Its major publication is Youth Travel International.
The headquarters of the organisation is located in
Copenhagen, Denmark.
feminism
feminism 225
TURGUT VAR, USA
Feminism covers a number of philosophical positions
which question gender inequalities and
exploitation in tourism-related work opportunities,
leisure and representation, as well as the masculinist
discourse of tourism research. Activist organsisations
and academics that monitor tourism
prostitution or analyse sexist images in advertising
are examples of feminist praxis in tourism, with the
goal of changing local practices in a global industry.
VIVIAN KINNAIRD, UK