Analyzing and Strategizing Tourism Industry Growth
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This assignment delves into the fast-growing tourism industry, identifying its current challenges, development strategies, environmental changes, training methods, and various types of tourism worldwide. It aims to provide a comprehensive understanding of this dynamic sector.
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Contemporary Issues in Travel and Tourism
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TABLE OF CONTENTS INTRODUCTION..........................................................................................................................1 Task 1...............................................................................................................................................1 1.1 Issues and their impact on tourism industry..........................................................................1 1.2 Different issues in movement and tourism area...................................................................3 2.1 Current trends influencing change in the tourism and travel sector......................................4 2.2 Current pattern utilizing suitable systems and assets...........................................................6 TASK 3............................................................................................................................................6 3.1 Analysis of how Whitbread can respond to change..............................................................6 3.2 Development and implementation of Strategies for Whitbread..........................................7 3.3 Justification of strategies......................................................................................................7 TASK 4............................................................................................................................................8 4.1 Influence of trends and issues driving change in the tourism and travel sector....................8 4.2 Likely consequences of businesses failing to respond to market changes............................9 Conclusion....................................................................................................................................10 REFERENCES..............................................................................................................................11
INTRODUCTION Travel industry is one of the profitable ventures which are developing admirably in UK showcase. London is one of the well-known visitor goals of UK.Present report will focus on UK inbound and outbound tourism market. Several issues which are driving changes in travel sector will be analysed in this study.Visit administrators configuration travel bundles for customers and they give them convenience offices, benefits with the goal that individuals can make the most of their movement. Numerous remote customers come in London to visit these spots. TASK 1 1.1 Issues and their impact on tourism industry Tourism gives enormous advantage to London as it creates high wage and is gaining cash from outside trade (Riley and et.al,2014).According to the insights esteem, tourism industry is contributing admirably in the monetary advancement of UK. In the year 2013, this segment has created very nearly seven trillion US dollars. Because of high tourism exercises instruction, stimulation, transportation all business have developed well and they have produced pay approx. 2.2 trillion in the year 2013. There are a few issues which are driving changes in the business and these are as following: INFORMATION PACK ď‚·Technological advancement:It is the principle issue that effects on request ď‚·Increasingcostoffuel:Traveland tourism industry is exceptionally relied 1 Illustration1: Impact of Recession
and supply. Web surfing is one of the bestcaseofmechanicalmethods. Customers get information about costs andqualitygavebyvisit administrators.Consequently,ithas turned into the greatest issue since visit administratorneedstokeeptheir movementcostsostensibleandthey need to give extra administrations to theirguests.Rivalryishigh,TUI gathering, Titan Trave and so forth are numerous associations the individuals who are giving quality administrations tothecustomers.Sotomeetwith rivalry and to pull in shoppers, it is important to set costs as needs be so individuals can appreciate visit bundles. Web-basedsocialnetworking advertisingisanothercaseof mechanicalheadwayasithelpsin pullinginmorecustomersandin pickinguptheirconsideration.By along these lines Titan Trave would be parcel to influence solid associations with mass group of onlookers and it to will pull in more customers towards the brand. ď‚·Terrorism and violence issues -It is the fundamental issue that effects the movementandtourismindustry. London is the shellfish city yet because on the fuel costs. In the event that costs offuelarehighthantouristshould spend more sum and they should pay morefortransportation.Itmakes challengefortourismindustryas individualsmayaltertheiropinion since it would be exorbitant for them. As Titan Trave should expand its item's costs than can be exorbitant for buyers and they won't like to go on snooze ď‚·State of Economy: Rise and fall of expansionistheprincipleissuethat effects on tourism industry as it were. In the year 2009, UK was experiencing retreatthatdiminishedbusinessof tourism industry gravely. Brexit issue is theconsiderablecaseofthis,ithas adversely effected the economy of UK, joblessnesshasbeenexpandedand individualsneededtopaymore expense.Onotherhandithas additionallyaffectedemphaticallyas now British can set out effectively and unreservedly to any place without and limitations. Aside from this European association has made new air benefit understandings, new courses have been created by the administration. By along these lines business of Titan Trave has been expanded in the UK 2
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ofexpandingfearbasedoppressor assaultandsavageryexercises individuals get reluctant to visit here. TRAINING NEW EMPLOYEES 1.2 Different issues in movement and tourism area Aside from above looked after issues, there are numerous issues which are related with tourism area and effect the business to extraordinary degree: ď‚·Security and well-being -It is auxiliary primary issue that drives changes in movement segment. There are numerous goals where number of tourism workplaces and guests authorities are accessible (Cook and et.al,2014).Yet, they don't have much association with neighbourhood police and assurance administrations. It is important to centre on security of guests generally individuals won't make arrangement to visit such places where they are not protected. Because of this, numerous locales are confronting monetary 3 Illustration2: Method of Training
misfortunes right now. Populace is expanding so government should control over it and needs to find a way to screen them. ď‚·Medical problem - It is another issue that effects the UK tourism. In the event that there is any genuine illness occurring then this news can be spread through media and TVs. This can make negative picture as a primary concern of clients and they won't want to go in such places where they can experience the ill effects of any genuine ailment. It turns into the duty of government to take legitimate measures for ensuring individuals and to keep clean the city. The death rate can get decreased which will help in enhancing travel business in the nation (Han and et.al, 2015). ď‚·Enactment and political turmoil - It is another auxiliary issue which influences the movement and tourism segment. On the off chance that there is extremely intense strategies identified with visa at that point individuals won't take enthusiasm to come here. This influences the whole business of the tourism which will influence the monetary state of the nation. On the off chance that there is turmoil political foundation at that point there are high odds of frailty, in such sort of spots guests don't want to go for a trip. 2.1Current trends influencing change in the tourism and travel sector Tourism and travel division exercises ought to be acquainted all together with decide impact of changes in tourism. One might say that there are distinctive reasons from which tourists head out one place to another (Baum and et.al,2016). INFORMATION PACK 4
Inbound tourism: Inbound tourism is the place individualsgoinsidepossessnation.One might say that UK is a standout among the most loved goal for tourists as a considerable measureofexercisesareoverseenbyUK government keeping in mind the end goal to improve inbound tourism. Nature tourism: Nature tourism is dependably the principal decision of quiet and potential tourists. Excellent nature and condition of a specific country pulls in new individuals to visit the place keeping in mind the end goal to improve tourism. Outbound tourism: Outbound tourism is only inverse to Inbound, in these individuals go to variousgoals to meetdifferent culture and atmosphere successfully. Religioustourism:Religioustourismisthe place individuals go to meet their relatives, colleagues and companions. This will likewise expand tourism division successfully. Experiencetourism:Adventuretourismis turnedouttobewellknownnowadays. Individuals used to go out for an experience to catch uncommon minutes. They visit places where they feel stimulation and satisfaction to invigorate psyche and life viably. Waterway, Well-being and restorative tourism: Such kind of sightseers go for a particular motivation behindgivingwell-beingandtherapeutic administrations and advantages to individuals the country over successfully. This will be finished by arranging and overseeing different 5
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mountains, waterfall some case of experience tourism (MartĂnez and et.al, 2014). projectsidentifiedwithsocialinsurance exercises in various nations. This will likewise buildtourismthatindividualsvisitbetter places. Accordingly, one might say that social patterns influences, make a trip segment changes to give flawlessness an adequacy of going to better places. 2.2 Current pattern utilizing suitable systems and assets There are different methods and assets accessible to assess current pattern in tourism division. To do that, quantitative and subjective both methodologies are valuable to decide current pattern expanding tourism in a specific country successfully. The taste and inclinations of tourists changes as per the pattern. Subjective information will break down adequacy of that present pattern improving tourism area. London in United Kingdom ought to be the principal decision of administration keeping in mind the end goal to extend business and tourism segment. There are numerous activities in London, the way of life and individuals are exceptionally vigorous and decent to others. London notable national timepiece Big Ben, London Eye, Tower of London and River Thames are extraordinary compared to other spots to watch and visit. The expanding number of tourism in London is an extraordinary sign for business with a specific end goal to extend business exercises and administrations to accomplish profitability. London tourism achieved a record of 31.5 million overnight outings in 2015 which is 2.7 million or more from 2014. An aggregate sum of 15 billion is created through sightseers spending in London. The developing number of guests and tourists in London demonstrates that the business can extend advertise keeping in mind the end goal to upgrade operational exercises and productivity. The pay from tourists is additionally expanding which is a decent sign for UK government towards efficient and household development. The business should make techniques and arrangements with a specific end goal to work in London as well. TASK 3 3.1 Analysis of how Whitbread can respond to change Although Whitbread is one of the leading companies in the industry of hospitality and also it owns Costa coffee and Premier Inn etc. but still there are some factors that needs to be 6
added to make some improvements and strategies in whole travel and tourism environment so that they can be able enough to achieve all their targets and goals. After analysis, it has been analyzed that there are some loop holes in their strategies of following the travel and tourism phenomenon. Some factors that Whitbread can involve are discussed as under: Technological changes Whitbread can make sure the involvement of various new technological features such as the involvement of booking tickets online is one of the major features that can attract a high rate of customers (Moutinho and Vargas-Sanchez, 2018). Environmental Whitbread also ensures the fact that there are some areas and places that are prone to the hazards such as landslides. Therefore, it is very important to consider the fact that Whitbread can make an analysis and risk assessment about the areas more prone to the risks etc. so that they can moveawayfromthereandcanshifttosomeotherplace.Also,inmakingsomenew accommodation etc., Whitbread can also make a pre analysis of the factors so that they can stay aware of the conditions so that on that basis only, they can make further implementations. 3.2 Development and implementation of Strategies for Whitbread Whitbread is a leading tourism company that currently focus on providing long term value to their shareholders by growing successful business and increasing the profitability. The company focus on providing more and more services to customers in order enhance its sales. The current strategic direction of Whitbread is towards high profit and market share.The company increased 4000 rooms in its hotels in UK. It also focus global expansion to provide more and more services to its customers.As for Premier INN and Beefeater, some strategies that can help in making effective changes are discussed as under: ď‚·Technological -Both of these subsidiaries of Whitbread can make involvement of various technological features as it can actually help them in increasing the overall rate of the operations and services, thus it can help them in gaining a higher rate of popularity as well as productivity.Online booking and portals can also help the company to attract customerswithinglobalmarket.Technologicaldevelopmentcanassisttoprovide effective services to people with high quality. Such as it can provide more comfortable rooms with automatic doors or booking rooms online etc. 7
ď‚·Changed preferences of consumers - As the preferences of the consumers change from time to time. So, on the basis of that Whitbread can take proper feedbacks from the customers that what they want. Then on that basis, they can make modifications and improvements.Other than this, the effective planning of business operations and actions will help the organization to manage the business activities and thus will see through the effective management of different change strategies and actions that are been taken within a business entity to manage the operations and actions and activities of a business actions and operations in a better way. In order to use the change management in an effective way, certain measures are been taken in consider that will help in effective handling of business operations and actions in a significant manner such as: ď‚·Forming a coalition:The coalition with government and other tourism companies can help Whitbread to improve skills, increase quality and achieve customer satisfaction which is very essential in tourism industry. Partnership or coalition with small tour operators and government agency can be very beneficial for the company to attract potential customers in the market. This will help in improving scope and scale of a business entity that will help in increasing the quality of business actions and operations that are been taken in consideration by Whitbread. ď‚·Setting and Communicating goals:as the change is been implemented within a business entity, the firm has to look after the effective management of different actions and activities that will support a good rise in efficiency to handle different changes implemented within a firm. ď‚·Bridging departmental gaps: the managers within the cited business entity will look after the effective handling of business operations and actions that will help in meeting of business objectives and aims that will lead to change in operational functionality of organization. The management of organization has to look after the effective and better combination of various departments within the firm to perform its business activities in an effective and significant manner. 3.3 Justification of strategies Out of the two, if Whitbread focuses on the fact of making changes as per the demands and requirements of the customers, it can be justified as follows: Strengths 8
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When the factors will be developed according to the choice of the customers itself, it is obvious that they can be able enough to satisfy them. Weaknesses One weak factor of this can be considered as the fact that some sites are open, so they cannot accommodate tourists at the time of some climatic change etc. So, this can affect the popularity and productivity of Whitbread. Opportunities A very major opportunity that can be well utilized by the Whitbread is that there is a huge competition of the travel and tourism industry in the market place (Walker and Walker, 2016). So, every single tourism operator is trying to involve various measures that can increase their productivity. So, Whitbread can also involve proper strategies etc. in order to achieve all the outcomes and targets. Threats As there is a higher competition rate in the travel and tourism industry, so the strategies etc. involved by the competitors of Whitbread can act as a threat for them. So, proper measures can be taken before only so that they can stay prevented from any sort of threat or complexity. The proper justification of the undertaken measures will help the management of the business entity will help the organization to handle the activities and actions that will help in improving the qualities of services and thus will lead to improving performance of cited business entity. The effective justification to various strategies is as follows: ď‚·Forming a coalition:Development of coalition with government agencies and other tour operators may help Whitbread hotel and tourism business in attracting more potential customers globally. This can be an effective strategy to increasing sales and providing high quality services to their customers.It will help the firm to improve their extent of functionality and meeting of targeted operations that will help in increasing the quality of products and services that are been taken in consideration of the business operations and actions in a better way. Besides this, it will help in revenue generation. ď‚·Setting and Communicating goals:The focus is on setting and communicating goals within the organization can help it to perform its business activities in a more effective way. Each and every employee within the organization should be aware of main aim of the business so that they perform their duties and roles accordingly. This will help in 9
improving the quality of services and actions that will help in meeting of the business operations and improving insight of an employee or a department as a whole about importance of different change measures. ď‚·Bridgingdepartmentalgaps:Itisalsoaneffectivestrategyforimproving organizational performance. Strong Communication between various departments of Whitbread can help in building coordination among the functions of the company which will lead to improved performance. It will increase overall functionality of a business entity and thus will help the organization to handle the business operations and thus will handle the rise in capabilities of different departments and sections within the firm. TASK 4 4.1 Influence of trends and issues driving change in the tourism and travel sector There are various trends and issues that throws some impact on the operations and processing of various factors in the travel and tourism sector. As there are some trends having an influence, the same way there are some issues as well that helps in throwing an influence on the operations and processes. The impact of the same are discussed as under: Employment It is obvious enough that the travel and tourism industry is expanding and growing on a wide basis. So, it can be considered as a beneficial factor for the people as it attracts a higher rate of employability so that there can be people to manage all the operations. As Trailfinders Ltd. is expanding its operations in various areas, so they should ensure selecting and recruiting a wide number of employees so that there can be an efficient number of people to manage all the operations and processes. Also, this will help in maintaining a sort of balance between different operations. It is because recruiting and selecting more people in the travel and tourism sector by Whitbread can help in involving more number of processes, modifications in the one in which it is required etc. Terrorism Terrorism also plays a major role in throwing much negative impact on the whole travel and tourism industry. It is because as Trailfinders Ltd. Has 32 travel centres on an overall basis. So, even on a few places there, if any activity happens that comes within terrorism, then it can have a major impact on the operations and productivity there (Boniface, Cooper and Cooper, 10
2016). It is because any sort of terrorist activity can put a sense of harm and horror in the people. So, obviously people will avoid travelling there. Therefore, it can be considered as one of the major factors throwing much negative impact on it. Technology Technology can also be considered as an essential factor that throws a major impact on the travel and tourism industry. Trailfinders Ltd can ensure to make involvement of the technological factors so that it can help them in maximizing the overall productivity rate. Involvement of technological measures in Trailfinders Ltd can ensure an increase in the speed and rate of the operations taking place. Therefore, technological features such as Wi-Fi etc. at the restaurants etc. can attract the customers more. Climatic change Trailfinders Ltd may also have to face some issues because of the changing climatic conditions. It is because if in some locations of the 32 of the Trailfinders Ltd, it has been observed that the climate is not good and can go bad as well such as heavy storming, raining etc. by the weather forecasts, then also, it might affect the place because it is obvious that people might not want to travel to the place where there is a high risk of the climatic conditions etc. Thus, it can throw an impact on the productivity of those specific places, thus lacking interest of people as well. So, these can be considered as some factors that throws an impact on the travel and tourism sectors. Thus, preventive measures before any complexity should be considered so that the tourists may not have to face any further complexity or issue. 4.2 Likely consequences of businesses failing to respond to market changes There can be various factors that might not respond to the market change and this is because, the businesses as Trailfinders Ltd are not respond-able enough to the market changes. Some of these factors are discussed as under: Climatic changes Climatic changes are considered as the changes that one cannot expect. Although with the help of weather forecasts, it is now quite easy to analyse the predictions about the climate of different areas, so it can be controlled after this but to an extent. It is because the predictions are approximate values but may vary with the actual one (Becker, 2016). So, in such cases, Trailfinders Ltd might seem not able enough to satisfy the customers because in such conditions, the tourists might not seem interested in travelling to these places. Also, the climatic change be 11
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heavy winds, storms, heavy rain etc. So, it is obvious enough that no tourist wants to put their life in risk. Also, at such situations, the Trailfinders Ltd can also not able to make any further changes. Economic changes Economic changes through which Trailfinders Ltd can go through is that if in case the company has received a huge number of bookings, but during the time, the firm has some major loss of money etc. that can act as a sort of barrier in maintaining the processes and operations to provide equal reliabilities to the customers. Lack of financial status at that time may result in the lack of arrangement, employees etc. and this can disappoint the customers to a huge extent (Xiang, Magnini and Fesenmaier, 2015). But, this is also considered as a change that can be very less and likely be controlled. So, pre measures should be taken in order to avoid such complications. CONCLUSION The above report concluded that tourism industry is among the fastest growing industry in the market. The report identified various types of issues and problems faced by tourism industry in the present world. The report also determined various strategies for development of tourism industry and changes in environment affecting tourism and tourism development. Furthermore, the report included information pack consisting training methods and various types of tourism in the global industry. 12