Last decade skilled an exponential growth in outbound travelers with the variety of international travelers throughout the globe crossing over 1.4 billion departures in 2018. A major share of departures are from emerging countries travelling for the very first time, spending billions of dollars, and augmenting the growth of the travel economy. Leisure travel market industry is projected to outpace world GDP development and is estimated to grow with a major CAGR through the forecast period. Higher Nitec in Leisure and Travel Operations supplies Travel & Leasuire you with the opportunity to achieve an understanding and knowledge of the tourism and leisure trade. This examine investigates the determinants of money holdings for companies operating in the travel and leisure sector of the United Kingdom between 2005 and 2016. The study finds that progress alternatives, cash circulate, and money flow volatility have an effect on money holdings positively, whereas dimension, leverage, …