This presentation discusses the factors affecting tourism demand in London, tourism supply, how tourism supply is managed in London, and how supply has changed to meet the tourism demand in London.
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TASK 3 (Travel and Tourism sector)
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Content ο¬Factor affecting tourism demand in London ο¬Tourism supply ο¬How tourism supply managed in London ο¬How supply has changed to meet the tourism demand in London. ο¬Conclusion ο¬Recommendation
Introduction β’This PPT will provide overall information regarding the conditionswhichareprevailinginthetourism environment of London. β’It will also depict the ways with the help of which tourism demand in London can be met.
Factor affecting tourism demands β’Thechangingeconomicconditionlikerecessionand inflationwhichleadstocausedirectimpactupon customers income. β’Threat to the life of individual. β’Change in the tastes and preference of buyers with respect to the type of travel.
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3.1 Factors effecting tourism in London ο¬Travel and tourism is one of the fastest growing sectors across the world. With the increasing popularity of several tourist destinations there are various factors which also affects the tourism. It can be positive as well as negative. ο¬London is a travel and tourism destination for domestic and international visitors. Travel service providers are considered as a common factor which affects the tourism in London. ο¬They need to provide better services followed with some of most attractive offers so that visitorβs base can be increased effectively.Increase in inbound tourists to London is one of the most common factors which affect the whole tourism of country. ο¬Inbound tourists come here to get better value for their money. London is the most popular place to visit where 15.3 million visitors spent time in the capital. These tourists mostly come to UK for spending their holiday.
Cont.β¦ο¬Natural disasters as well as terrorism is comes under the negative factor which can have a big effect on tourism. In the year of 2011 due to the ash clouds several flights to be cancelled or delayed. ο¬It has covered a huge loss within the tourism as well as airline industries. On the other hand, terrorist attacks are another major factor due to which whole tourism of London can be affected. ο¬The London bombing in the year of 2005 have made a safety and security issues for tourists. In 2011, two U.S. airlines were hijacked and intentionally crashed into the World Trade Centre building in New York. Due to these type of most common terrorist attacks visitors might get afraid to go for such places and it highly decreases the overall sales of tourism industry. ο¬In addition to this, there are some other and most common negative impacts arising out of travel and tourism activities are in relation with pollution such as noise pollution. It caused to residents under flight paths to airports to overcrowding at transport hubs and the need to improve the infrastructure.
Cont.β¦ο¬There is several scope and chances of increasing employment but salary and wages are low. It covers the negative aspect of country within the area of tourism. ο¬There are various aspects which other factors which also effect the tourism industry of the London as the exchange rate differs from country to country. ο¬As the culture is diverse and different in the countries as the people have their set beliefs and attributes which they follow in order to maintain their cultural dimensions. ο¬There are many restrictions which are imposed in order to ensure the safety and the security of the tourist so that they feel comfortable in visiting country and increasing the tourism industry. ο¬The rates of the various facilities are at their peak which is affecting the tourism of London at the grater extend as all the facilities are quite expensive and cannot be entitled with all the personnel's.
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Tourism supply ο¬Transportation facility ο¬High security for the tourist ο¬Availability of good hotels within country.
How tourism supply managed in London β’Blend of both luxury to economic hotel: Government of London meets the all type of tourists who will be able to afford high class services from those who are not able to afford the high class services. β’Good transportation facility: In London people can choose any mean for travel such as bus, train and air etc.
3.2 How supply has changed to meet the effects of demand for tourism related products and services in London The whole relationship between price and how much of goods and services is supplied to the market is known as the supply relationship. The supply of country can be easily changed as per the needs and demands of visitors. At the time of changing seasons, consumers and guestβs demands are also changing. Due to this, government of London is requiring to promote some of the best services as per the current season. In the season of summers they can promote their water tourism such as different water sports etc. As per the changing seasonality London needs to change their supply as well. In case of demand of eco-tourism due to the increase noise pollution etc. most of the service providers need to carry out the different strategies which promote eco-tourism. They can supply all those products which do not contains high amount of waste and dispose as well. In this way, it can be stated that supply has to be changed in order to meet the effects of demand for tourism related products and services in London. Service providers need to carry out various services as per the requirements of their guests.
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Cont.β¦ The number of airports are increases and the facilities provided by thisisincreasedtoagreatextent.Thisinturn,resultedin increased the supply of tourism products and services in London. Moreover, the rail transports also improve its service qualities so as to promote the tourism sector. In addition to it, European cities arepermittedtooperateinthemarketwithoutgettingvisa. Further, the number of hotels and universities are also increased that helps in attracting tourists for further studies. Thus, all this factors cause promoting the tourists by availingbetter services to them.
Conclusion ο¬It can be concluded from the whole report that by assessing the demand of travellers, government of nation can perform significant changes in its pattern of attracting tourists. ο¬By improving the transportation system, nation can maintain the satisfaction of its travellers.
Recommendations β’It is recommended to the government of London that it must make measure with regard to ensure the security of travellers who come from varied countries. β’It is also recommended to government that it must use encourage the travellers with regard to adopt eco-friendly practices while visiting at specific place. β’Through this way, natural envionmnet of country can be protected.
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REFERENCES β’Dwivedi, M., Yadav, A. and Patel, V. R., 2009. The online destination image of Goa.Worldwide Hospitality and Tourism Themes. 1(1). pp. 25β39. β’Fyall, A. and Morgan, M., 2009.Marketing in Travel and Tourism.4thed. Routledge.Holden, A., 2008.Environment and Tourism. London: Routledge. β’George, B. P. and Henthorne, T. L., 2007. Tourism and the general agreement on trade in services: Sustainability and other developmental concerns. International Journal of Social Economics. 34(3). pp. 136-146. β’Harish, R., 2010. Brand architecture in tourism branding: the way forward for India. Journal of Indian Business Research.21(3). pp. 153β165. β’Liu, C., Li, J. and Pechacek, P., 2013. Current trends of ecotourism in China's nature reserves: A review of the Chinese literature.Tourism Management Perspectives.7.pp.16-24.