Travel and the experiences associated with it are considered by many people to be some of the most beautiful moments of their lives. However, the personal and societal phenomena, as well as the laws of travel, still present puzzling matters. This textbook, which has been proven effective for over 25 years and has won the ITB Book Award for the second time, offers a comprehensive and systematic presentation of the fundamentals and background of tourism. The focus of this work on the economic aspects of tourism allows students and practitioners in the field to access economic thinking. The 11th edition has been thoroughly updated and improved in terms of content, didactics, and design. The author, Univ.-Prof. Dr. Walter Freyer, holds the chair of Tourism Economics at TU Dresden and is the founding president of the German Society.