This document discusses the various contemporary issues in the travel and tourism sector. It explores the impact of changes such as inflation, technology, environmental awareness, and low-cost carriers. Strategies to respond to these changes and improve efficiency are also discussed.
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Proper strategy should be made by the Costa Rica government so that negative changes won't affect the efficiency of the travel and tourism sector. Strategies which could be develop to respond the changes are given below, Technology helps the tourism sector to grow exponentially as it is easy to for customer to book their plans according to their comfort. Thompsons should make their application and websites customer friendly so that they can book their plan accordingly. If the customer engagement is good than chances of increase in sales of the product is also increase (Vellas, 2016). Thompsons holidays should fluctuate their prices according to the changes of the currency. They should offer different types of discounts and promotes sales promotion so to acquire more customer. If the customer base of the company is high than the profit of the company is also increase gradually. They should try to make their destination places unique and attractive by cleaning the roads,improvingtheinfrastructure,properconnectivityalloverthecountry,basic facilities so that open defecation would achieve etc. Tourism sectors plays an important part in the GDP of Costa Rica and they should prevent their nature and beauty for their survival(Cohen and et. al., 2014). If the strategies are not properly implemented on the situation for they have made, then it is of no use to make it. How strategies would help the travel and tourism business is explained below, If there is cleanliness in the places where tourist prefer to visit than it will attract more customers from other countries. Destination like Sane Jose or La fortuna, San Carlos should be properly maintained as these two places are the most attractive places in Costa Rica. Thompsons holidays can create their products according to the places which are preferred by the customer. If the environment of the Country is safe than tourist will prefer to visit it which leads to increase in profit of Thompsons holidays. Numbers of tourist in any destination places is directly proportionate to how safe their places are. If costa Rica places are safe from any clients then it leads to high frequency of tourist consequently positive impact on the balance sheet of Thompsons holidays. To assess the enforced regulation and dominant administration:This is a proactive measure of monitoring and review. As there should be proper and regular checking of implemented standards in organisation. There are different types of changes which can affect the travel and tourism sector which are described below, Inflation changes:Economic conditions are stable and good as Costa Rica have good relations with America which helps them to do their business lucratively. Other than that, Tourism sector accounts for 40% of GDP of Costa Rica which could be improve if proper facilities are provided to the tourist. Most of the Costa Rica income is based on travel and tourism and if it weakness than it creates a negative impact on Costa Rica economy. If the currency is fluctuating than it will create the negative impact on the Thompsonsholidays as less customer will be prefer to visit Costa Rica. Environmental awareness:Environment is the key factor in the success of the Costa Rica tourism. Costa Rica should preserve their environment as it is the only way they can earn money for their living. Thompsons holidays should motivate their employees and their customer to save the environment(Sharpley and Telfer, 2014). Lowcostcarrier:Companymaintainstheircostofproductaccordingtothe competition and their price. Their main aim is to provide the best quality of product with less price to the customers. If the price of the product is low than there is a chances of increase in sales thus positive impact on the balance sheet. If the product offered of Thompsons is better than other competitor than they can gain the competitive advantage over others. Technological factors:Technology plays an important part in the success of tourism sector in Costa Rica. It helps the Thompsons holidays to make their plans and products according to the customer needs and budget. With the help of website provided by the Thompsons, tourist can modify their plans according to their comfort and budget thus helps in improving the customer engagement with the tour operator. Contemporary Issues in Travel and Tourism
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