Travel and Tourism Industry Analysis
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This assignment delves into the dynamic Travel and Tourism Industry. It explores how factors like technological advancements (e.g., smartphones), evolving tourism types (inbound/outbound, grey tourism, health tourism), and the need for sustainable practices are shaping the industry's future. The analysis requires critical evaluation of existing research and trends to understand the challenges and opportunities facing travel companies like EasyJet.
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INTRODUCTION.................................................................................................................................3
TASK 1.................................................................................................................................................3
1.1 Issues currently driving change in the travel and tourism sector......................................................3
1.2 Different issues using appropriate methods and resources...........................................................4
TASK 2.................................................................................................................................................5
2.1 Evaluate current trends influencing change in the travel and tourism sector...............................5
2.2 Analyse current trend using appropriate techniques and resources..............................................6
TASK 3.................................................................................................................................................7
3.1 How travel and tourism business respond towards change..........................................................7
3.2 Develop strategies for businesses could respond to change.........................................................8
3.3 Justification of these strategies....................................................................................................9
TASK 4.................................................................................................................................................9
4.1 Impact of issues and trends that drive change in the travel and tourism sector............................9
4.2 Consequences of businesses failing to respond to market changes............................................10
CONCLUSION...................................................................................................................................11
TASK 1.................................................................................................................................................3
1.1 Issues currently driving change in the travel and tourism sector......................................................3
1.2 Different issues using appropriate methods and resources...........................................................4
TASK 2.................................................................................................................................................5
2.1 Evaluate current trends influencing change in the travel and tourism sector...............................5
2.2 Analyse current trend using appropriate techniques and resources..............................................6
TASK 3.................................................................................................................................................7
3.1 How travel and tourism business respond towards change..........................................................7
3.2 Develop strategies for businesses could respond to change.........................................................8
3.3 Justification of these strategies....................................................................................................9
TASK 4.................................................................................................................................................9
4.1 Impact of issues and trends that drive change in the travel and tourism sector............................9
4.2 Consequences of businesses failing to respond to market changes............................................10
CONCLUSION...................................................................................................................................11
INTRODUCTION
After globalisation, travel and tourism business has become one of largest growing
sector which enable to improve economic condition of a nation. In UK, the industry highly
contribute GDP rate of the country in terms of generating income as every year there is lots
of people visits different places. But the industry has faced several challenges which can
affect structure of an economy in direct and indirect manner. Along with this, travel and
tourism industry is highly volatile in nature, in recent times several modifications had been
made in this sector so as to boom up the number of tourists in a certain time period ( Baker,
2014). Many places across the globe had seen and had taken several ardent strides for its
development. Easy Jet is the chosen organisation is the present coursework. Apart from this,
the report will enlighten current issues and trends which have been occurred in this sector.
The assignment will be describing different techniques which are being used to understand
current trends.
TASK 1
1.1 Issues currently driving change in the travel and tourism sector
Travel and tourism sector is now becoming fastest growing and developing industry
across the world. But, in past decades various drastic changes are occurred in terms of
development and advancement. It also have given birth to numerous issues which highly
influence the entire industry. Thus, it is necessary for management to determine these issues
and resolve them as soon as possible (Becker, 2016). Below defined current issues and
trends of tourism sector: -
Terrorism – It is treated as one of the biggest problem in tourism industry because
terrorist prefer to visit crowded place in order to fulfil their harmful intentions.UK is
still facing such issues, recently many terrorist have blasted the embassy of the nation
which also affect individuals mind set to go such places or not.
Rise in globalisation – Globalisation has positive and negative impact on tourism
sector of Britain. It increases awareness between people which results the place is able
to attain more and more visitors. As government also has been made numerous
modifications in infrastructure of the nation.
Changes in customers’ needs – In present scenario, needs and wants of customers are
rapidly changing and the country also capable to acquire these changes in order to
After globalisation, travel and tourism business has become one of largest growing
sector which enable to improve economic condition of a nation. In UK, the industry highly
contribute GDP rate of the country in terms of generating income as every year there is lots
of people visits different places. But the industry has faced several challenges which can
affect structure of an economy in direct and indirect manner. Along with this, travel and
tourism industry is highly volatile in nature, in recent times several modifications had been
made in this sector so as to boom up the number of tourists in a certain time period ( Baker,
2014). Many places across the globe had seen and had taken several ardent strides for its
development. Easy Jet is the chosen organisation is the present coursework. Apart from this,
the report will enlighten current issues and trends which have been occurred in this sector.
The assignment will be describing different techniques which are being used to understand
current trends.
TASK 1
1.1 Issues currently driving change in the travel and tourism sector
Travel and tourism sector is now becoming fastest growing and developing industry
across the world. But, in past decades various drastic changes are occurred in terms of
development and advancement. It also have given birth to numerous issues which highly
influence the entire industry. Thus, it is necessary for management to determine these issues
and resolve them as soon as possible (Becker, 2016). Below defined current issues and
trends of tourism sector: -
Terrorism – It is treated as one of the biggest problem in tourism industry because
terrorist prefer to visit crowded place in order to fulfil their harmful intentions.UK is
still facing such issues, recently many terrorist have blasted the embassy of the nation
which also affect individuals mind set to go such places or not.
Rise in globalisation – Globalisation has positive and negative impact on tourism
sector of Britain. It increases awareness between people which results the place is able
to attain more and more visitors. As government also has been made numerous
modifications in infrastructure of the nation.
Changes in customers’ needs – In present scenario, needs and wants of customers are
rapidly changing and the country also capable to acquire these changes in order to
provide maximum level of satisfaction to customers. In context of business
associations, they tend towards providing attractive tour packages to clients according
to their needs (Cohen and Cohen, 2015).
1.2 Different issues using appropriate methods and resources
Travel and tourism is influenced by different changing patterns and issues. Following are the
issues which can be listed down as the one driving the change specific to UK tourism: -
Consistently, numerous noticeable changes occur in science and innovation. Both the
organizations try endeavors to embrace mechanical headways in their working society.
Occasion hotel makes the utilization of web and web-based social networking offices to
advance its plans and draw in more visitors. Reservation and booking offices have turned out
to be more helpful and efficient. .Presentation of new upgraded air creates offering quick
agreeable flights. This measure is productive for aircraft to draw in more number of
customers. Wellbeing and security dangers are constantly present in the nation. Psychological
oppression and regular dangers are truly taken care of by both the substances. Simple Jet
makes the utilization of high security CCTV cameras and related hardware with a specific
end goal to screen its travellers and staff exercises. It guarantees that illicit exercises ought to
be recognized and explored at speedy pace. While, Easy Jet takes measures to shield its
customers and travellers from characteristic risks like tremor or torrents (Cohen and et.al.,
2014). Lodging bunch names security officers to incorporate every one of the issues
identified with the wellbeing and security of its guests.
It is outstanding that expansion has critical effect on oil-gas based industries. This
likewise improves the cost of air tickets. Because of this, carriers confront dangers of rivalry
and substitution against alternate methods for transportation. Carrier administration gets
ready systems to settle its customers or traveller. Though, Travelling companies gives offers
and extraordinary rebates to the guests to remain with them amid expansion period.
Administrators make changes like decrease in preparing expense of lodging staff with a
specific end goal to proportionate the loss of reducing cost (Connell, 2013). Through these
measures, both the organizations can coordinate with the developing patterns and changes.
associations, they tend towards providing attractive tour packages to clients according
to their needs (Cohen and Cohen, 2015).
1.2 Different issues using appropriate methods and resources
Travel and tourism is influenced by different changing patterns and issues. Following are the
issues which can be listed down as the one driving the change specific to UK tourism: -
Consistently, numerous noticeable changes occur in science and innovation. Both the
organizations try endeavors to embrace mechanical headways in their working society.
Occasion hotel makes the utilization of web and web-based social networking offices to
advance its plans and draw in more visitors. Reservation and booking offices have turned out
to be more helpful and efficient. .Presentation of new upgraded air creates offering quick
agreeable flights. This measure is productive for aircraft to draw in more number of
customers. Wellbeing and security dangers are constantly present in the nation. Psychological
oppression and regular dangers are truly taken care of by both the substances. Simple Jet
makes the utilization of high security CCTV cameras and related hardware with a specific
end goal to screen its travellers and staff exercises. It guarantees that illicit exercises ought to
be recognized and explored at speedy pace. While, Easy Jet takes measures to shield its
customers and travellers from characteristic risks like tremor or torrents (Cohen and et.al.,
2014). Lodging bunch names security officers to incorporate every one of the issues
identified with the wellbeing and security of its guests.
It is outstanding that expansion has critical effect on oil-gas based industries. This
likewise improves the cost of air tickets. Because of this, carriers confront dangers of rivalry
and substitution against alternate methods for transportation. Carrier administration gets
ready systems to settle its customers or traveller. Though, Travelling companies gives offers
and extraordinary rebates to the guests to remain with them amid expansion period.
Administrators make changes like decrease in preparing expense of lodging staff with a
specific end goal to proportionate the loss of reducing cost (Connell, 2013). Through these
measures, both the organizations can coordinate with the developing patterns and changes.
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TASK 2
2.1 Evaluate current trends influencing change in the travel and tourism sector
Following are the different forms of tourism which also affects from current trends
and issues in tourism of UK. These are described as under: -
In bound and outbound tourism – There are two primary sorts of tourism, in bound
and out bound tourism. In which in- bound tourism alludes with individuals who used
to go inside the limit of a country. The pattern of inbound of tourism is expanding in
United Kingdom. Inbound guest numbers tumbled from 32.8 million out of 2007 to
29.8 million of every 2010 – a fall of 3.0 million guests or 9% out of three years. The
quantity of inbound guests has since recouped consistently, and the 2015 figure was
an unequalled high (Dickinson and et .al., 2014). Then again, United Kingdom is one
of the main five spenders on outbound tourism around the world. Outbound travel is
expanding consistently in the United Kingdom alongside household and inbound
tourism. Inhabitants of the United Kingdom made 70.4 million outbound excursions
in 2016, which is a 7% expansion contrasted with 2015. Excursions taken as occasion
remained the principle reason for the outing for UK outbound travelers in 2016 took
after by going by companions and relatives and business trips.
Adventure tourism – It is a kind of niche tourism which includes to explore by having
a certain level of risk. Basically, adventure tourism requires specific skills as well as
physical exertion. In UK, this kind of tourism is growing since past decades as people
seeks to do something out of the ordinary. Adventure travel may be any tourist
activity that encompasses with cultural exchange, connection with nature and physical
activities.
Medical or health tourism – It entails with those people who travel one country to
another just to obtain medical or any health treatment (Hall and Page, 2014). In past,
many individuals usually from less developed nations were referred to other countries
for their medical treatments.
2.2 Analyse current trend using appropriate techniques and resources
A specialty market can be clarified as an idea in which the concentration is set over
the decent variety, making contrasts and over the separation. The idea of specialty showcase
is getting main stream in the movement and tourism industry. Different kinds of specialty
tourism advertise are getting famous and these are agro-rustic tourism, experience tourism,
sports tourism, gastro tourism, dull tourism, medicinal and wellbeing tourism, green tourism
2.1 Evaluate current trends influencing change in the travel and tourism sector
Following are the different forms of tourism which also affects from current trends
and issues in tourism of UK. These are described as under: -
In bound and outbound tourism – There are two primary sorts of tourism, in bound
and out bound tourism. In which in- bound tourism alludes with individuals who used
to go inside the limit of a country. The pattern of inbound of tourism is expanding in
United Kingdom. Inbound guest numbers tumbled from 32.8 million out of 2007 to
29.8 million of every 2010 – a fall of 3.0 million guests or 9% out of three years. The
quantity of inbound guests has since recouped consistently, and the 2015 figure was
an unequalled high (Dickinson and et .al., 2014). Then again, United Kingdom is one
of the main five spenders on outbound tourism around the world. Outbound travel is
expanding consistently in the United Kingdom alongside household and inbound
tourism. Inhabitants of the United Kingdom made 70.4 million outbound excursions
in 2016, which is a 7% expansion contrasted with 2015. Excursions taken as occasion
remained the principle reason for the outing for UK outbound travelers in 2016 took
after by going by companions and relatives and business trips.
Adventure tourism – It is a kind of niche tourism which includes to explore by having
a certain level of risk. Basically, adventure tourism requires specific skills as well as
physical exertion. In UK, this kind of tourism is growing since past decades as people
seeks to do something out of the ordinary. Adventure travel may be any tourist
activity that encompasses with cultural exchange, connection with nature and physical
activities.
Medical or health tourism – It entails with those people who travel one country to
another just to obtain medical or any health treatment (Hall and Page, 2014). In past,
many individuals usually from less developed nations were referred to other countries
for their medical treatments.
2.2 Analyse current trend using appropriate techniques and resources
A specialty market can be clarified as an idea in which the concentration is set over
the decent variety, making contrasts and over the separation. The idea of specialty showcase
is getting main stream in the movement and tourism industry. Different kinds of specialty
tourism advertise are getting famous and these are agro-rustic tourism, experience tourism,
sports tourism, gastro tourism, dull tourism, medicinal and wellbeing tourism, green tourism
and confidence or religious tourism (Hannam, Butle. and Paris, 2014). There are different
favourable circumstances of specialty tourism advertise and these incorporate drawing in the
high spending visitors, give guide motivating forces to the nearby groups of UK, decrease the
negative effect over the earth and are customary exercises. There are few detriments of
specialty tourism showcase and these are there is a legitimate of estimating, age of pay at low
level, requires high advertising endeavours and requires prepared human asset. With the end
goal of this program dull tourism has been chosen. It is a standout amongst the most
prominent composes or type of tourism as the young is indicating enthusiasm for this type of
tourism. In this type of tourism voyagers wants to visit places which are connected with the
demise, disaster or riddle. The chronicled esteem or the stories these goals hold are fit for
pulling in the considerations of the vacationers. The parts of dull tourism incorporate
calamity tourism, doomsday tourism, suicide tourism, neediness tourism and despondency
tourism. The information for the dull tourism has been gathered from the statistical surveying
and from the utilization of the auxiliary asset (Hartmann, 2014). In London there are different
goals which has a place with dim tourism and are drawing in the guests and these goals are
The Tower of London which was utilized as a jail and zoological garden for keeping
creatures like lions and tigers, Jack the ripper visits, Bart's Pathology Museum, Jeremy
Bentham's Auto-Icon, Cross Bones Graveyard, Southwark, Highgate Cemetery, St. Martin-
in-the-Fields Crypt Café, London Hospital Museum, The site of the Tyburn Tree and The
Monument to the Great Fire of London.
TASK 3
3.1 How travel and tourism business respond towards change
It is essential for every travel and tourism company to effectively respond towards
market changes or trends in order to get high competitive advantage in a certain time period.
In 21st century, rapid changes are being occurred in business environment and it is also
compulsory for organisations to acquire these changes as soon as possible if they want to
retain for long run in market competition. Easy Jet has conducted SWOT and PEST analysis
so as to respond imperatively towards these changes, it is briefly define as under: -
PEST analysis
Political factors
The government of the nation also get hinder
Economic factors
The whole economy of UK, since 2008
favourable circumstances of specialty tourism advertise and these incorporate drawing in the
high spending visitors, give guide motivating forces to the nearby groups of UK, decrease the
negative effect over the earth and are customary exercises. There are few detriments of
specialty tourism showcase and these are there is a legitimate of estimating, age of pay at low
level, requires high advertising endeavours and requires prepared human asset. With the end
goal of this program dull tourism has been chosen. It is a standout amongst the most
prominent composes or type of tourism as the young is indicating enthusiasm for this type of
tourism. In this type of tourism voyagers wants to visit places which are connected with the
demise, disaster or riddle. The chronicled esteem or the stories these goals hold are fit for
pulling in the considerations of the vacationers. The parts of dull tourism incorporate
calamity tourism, doomsday tourism, suicide tourism, neediness tourism and despondency
tourism. The information for the dull tourism has been gathered from the statistical surveying
and from the utilization of the auxiliary asset (Hartmann, 2014). In London there are different
goals which has a place with dim tourism and are drawing in the guests and these goals are
The Tower of London which was utilized as a jail and zoological garden for keeping
creatures like lions and tigers, Jack the ripper visits, Bart's Pathology Museum, Jeremy
Bentham's Auto-Icon, Cross Bones Graveyard, Southwark, Highgate Cemetery, St. Martin-
in-the-Fields Crypt Café, London Hospital Museum, The site of the Tyburn Tree and The
Monument to the Great Fire of London.
TASK 3
3.1 How travel and tourism business respond towards change
It is essential for every travel and tourism company to effectively respond towards
market changes or trends in order to get high competitive advantage in a certain time period.
In 21st century, rapid changes are being occurred in business environment and it is also
compulsory for organisations to acquire these changes as soon as possible if they want to
retain for long run in market competition. Easy Jet has conducted SWOT and PEST analysis
so as to respond imperatively towards these changes, it is briefly define as under: -
PEST analysis
Political factors
The government of the nation also get hinder
Economic factors
The whole economy of UK, since 2008
by travel and tourism industry due to
reduction in illogical tax rates imposed of
visitors.
In order to maintain safety and security, UK
government also applied various strict laws
and policies so as to save people from
terrorists attacks or unethical activities which
must follow by all travelling companies
( Kim and Ritchie, 2014).
On the other hand, London Olympic 2012
was raised the number of travellers.
which has put a huge impact on disposable
income of people. But as per the time
changes, economic condition of the nation
getting is improving.
UK government also promotes foreign direct
investments which supports to boom up
travelling industry in respect of flourishing
its operational area.
But again, the sector is struggling due to high
market competition at global level.
Social factors
It is essential for tour operators, like – Easy
Jet to recognise the needs and wants of local
communities or customers so as to deliver
them higher level of satisfaction,
For example- customers now these days want
the concept of empty nester households. In
addition, they also become more health
conscious. Travelling companies are required
to consider such aspects.
Technological factors
Customers’ mind should be setup to answer
particular questions of clients. This makes
the client more agreeable to movement to
new obscure spots absent much stress.
Travel organizations ought to take into
account tailor influenced bundle to take into
account individual to requests.
SWOT analysis
STRENGTH
As a leading business organisation, Easy Jet
have good knowledge of market conditions
as well as have all necessary resources to
fulfil all tasks.
It have effective work force that is able to
offer quality services to visitors of London.
WEAKNESSES
The firm is making less use of digital tools
and techniques,
Services which are offered by the company
are quite expensive rather than others.
OPPORTUNITIES
Reduction in tax rates
THREATS
Changes in technology and economic factors
reduction in illogical tax rates imposed of
visitors.
In order to maintain safety and security, UK
government also applied various strict laws
and policies so as to save people from
terrorists attacks or unethical activities which
must follow by all travelling companies
( Kim and Ritchie, 2014).
On the other hand, London Olympic 2012
was raised the number of travellers.
which has put a huge impact on disposable
income of people. But as per the time
changes, economic condition of the nation
getting is improving.
UK government also promotes foreign direct
investments which supports to boom up
travelling industry in respect of flourishing
its operational area.
But again, the sector is struggling due to high
market competition at global level.
Social factors
It is essential for tour operators, like – Easy
Jet to recognise the needs and wants of local
communities or customers so as to deliver
them higher level of satisfaction,
For example- customers now these days want
the concept of empty nester households. In
addition, they also become more health
conscious. Travelling companies are required
to consider such aspects.
Technological factors
Customers’ mind should be setup to answer
particular questions of clients. This makes
the client more agreeable to movement to
new obscure spots absent much stress.
Travel organizations ought to take into
account tailor influenced bundle to take into
account individual to requests.
SWOT analysis
STRENGTH
As a leading business organisation, Easy Jet
have good knowledge of market conditions
as well as have all necessary resources to
fulfil all tasks.
It have effective work force that is able to
offer quality services to visitors of London.
WEAKNESSES
The firm is making less use of digital tools
and techniques,
Services which are offered by the company
are quite expensive rather than others.
OPPORTUNITIES
Reduction in tax rates
THREATS
Changes in technology and economic factors
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Eradication of cost of fuel which results to
reduces the prices of products,
Political instability and increasing the
number of rivals.
3.2 Develop strategies for businesses could respond to change
Changes in business environment are common and have a vast impact on working
activities of a business organisation. In order to respond towards changes, Easy Jet has
conducted Marketing mix strategy which is briefly explained as under: -
Product – Easy Jet is travelling agency which provides numerous tour services, flights
over destinations within conveyance sector. The firm operates on 500 routes and it has
its own 200 aircrafts which moved in 28 nations. Easy Jet has positioned itself as low
cost provider airlines. Along with this, the firm also provides online booking services
and gaining profits at high margins.
Price – The firm adopted one way ticketing policy; it means the airline charges one
price at market place for any flight in a single time. On the other hand, Easy Jet is
being on internet since long term so as to recognise needs and wants of its customers.
The pricing policy of the company is based upon market competition, this is because
it want to gain high competitive advantage and increase market share in a certain time
period.
Place – The travelling agency provides its services over the globe so as to attain and
retain customers for long term period. In today’s era, technology also makes easier the
process of reaching target audiences and sell them products or services in an efficient
manner,
Promotion – In order to promote itself, Easy Jet is used its owned website which is
offered easily through search engine as well as travel comparison websites. The firm
also send emails and text messages to its customers with having attractive discounted
holiday packages.
3.3 Justification of these strategies
The tactics which have been used clearly defines that UK is trying to acquire great
potential opportunities in order to become most admiring or attractive place in context of
tourism worldwide. For this, government is trying to improve its infrastructure, beauty and
cultural. Henceforth, application of SWOT and PEST analysis is fundament to do as it will
demonstrate all those factors which can affect growth and success of travel and tourism
industry. Impact of travel sector to the country’s economy is easily ascertained in respect of
reduces the prices of products,
Political instability and increasing the
number of rivals.
3.2 Develop strategies for businesses could respond to change
Changes in business environment are common and have a vast impact on working
activities of a business organisation. In order to respond towards changes, Easy Jet has
conducted Marketing mix strategy which is briefly explained as under: -
Product – Easy Jet is travelling agency which provides numerous tour services, flights
over destinations within conveyance sector. The firm operates on 500 routes and it has
its own 200 aircrafts which moved in 28 nations. Easy Jet has positioned itself as low
cost provider airlines. Along with this, the firm also provides online booking services
and gaining profits at high margins.
Price – The firm adopted one way ticketing policy; it means the airline charges one
price at market place for any flight in a single time. On the other hand, Easy Jet is
being on internet since long term so as to recognise needs and wants of its customers.
The pricing policy of the company is based upon market competition, this is because
it want to gain high competitive advantage and increase market share in a certain time
period.
Place – The travelling agency provides its services over the globe so as to attain and
retain customers for long term period. In today’s era, technology also makes easier the
process of reaching target audiences and sell them products or services in an efficient
manner,
Promotion – In order to promote itself, Easy Jet is used its owned website which is
offered easily through search engine as well as travel comparison websites. The firm
also send emails and text messages to its customers with having attractive discounted
holiday packages.
3.3 Justification of these strategies
The tactics which have been used clearly defines that UK is trying to acquire great
potential opportunities in order to become most admiring or attractive place in context of
tourism worldwide. For this, government is trying to improve its infrastructure, beauty and
cultural. Henceforth, application of SWOT and PEST analysis is fundament to do as it will
demonstrate all those factors which can affect growth and success of travel and tourism
industry. Impact of travel sector to the country’s economy is easily ascertained in respect of
generating various employment opportunities. For example- identification of political
condition of a nation before developing tour plan supports travelling agencies understand
their tax rates and legislations (Luh Sin, Oakes and Mostafanezhad, 2015). Along with this, it
also aids to analyse all social elements which encourages tourists to visit at there, so that
tourism plan of Easy Jet must base upon values, morale, beliefs of people. By considering
SWOT and PEST analysis firms will enable to provide adventurous trips for unique
experiences which results reduction in the barriers to travelling. Increasing the regional
airports in order to get better connectivity or infrastructure facilities and offering the services
at affordable prices.
TASK 4
4.1 Impact of issues and trends that drive change in the travel and tourism sector
Several issues are occurred in travel and tourism sector that are liable for all variations
in this industry which results positive and negative impact over the entire global economy.
Below discussions several impact which drive changes in travelling sector, such as-
Increases revenue – In present scenario, travelling companies like- Easy Jet is tend to
acquire different form of tourism and trying to deliver them to customers in the best
possible manner as per their needs and wants. Along with this, every year a wide
range of people visits UK which supports to generate high revenue and contribute in
increasing GDP rate of the nation. It also make effective tourism operations in the
best possible manner.
Drive up employment opportunity – As per the discussion, travel and tourism sector is
treated as one of the leading sector due to its wide range of area. In also require
numerous people who have capability to handle all operations and working activities.
Every year, various travelling agencies which requires well skilled and qualified
workforce. Thus, it can be said that trends of employment rate in UK are being
increased which also improving living standard of people or local communities.
Promoting better relationship with other countries – Market trends in travelling sector
also put a huge impact on improving political relations within two countries. It is also
beneficial to increase loyalty and trust upon two economies. Although, there is
required proper visa to visit other country as if government of one country allows
people to visit then it improve interpersonal relationship of both countries.
condition of a nation before developing tour plan supports travelling agencies understand
their tax rates and legislations (Luh Sin, Oakes and Mostafanezhad, 2015). Along with this, it
also aids to analyse all social elements which encourages tourists to visit at there, so that
tourism plan of Easy Jet must base upon values, morale, beliefs of people. By considering
SWOT and PEST analysis firms will enable to provide adventurous trips for unique
experiences which results reduction in the barriers to travelling. Increasing the regional
airports in order to get better connectivity or infrastructure facilities and offering the services
at affordable prices.
TASK 4
4.1 Impact of issues and trends that drive change in the travel and tourism sector
Several issues are occurred in travel and tourism sector that are liable for all variations
in this industry which results positive and negative impact over the entire global economy.
Below discussions several impact which drive changes in travelling sector, such as-
Increases revenue – In present scenario, travelling companies like- Easy Jet is tend to
acquire different form of tourism and trying to deliver them to customers in the best
possible manner as per their needs and wants. Along with this, every year a wide
range of people visits UK which supports to generate high revenue and contribute in
increasing GDP rate of the nation. It also make effective tourism operations in the
best possible manner.
Drive up employment opportunity – As per the discussion, travel and tourism sector is
treated as one of the leading sector due to its wide range of area. In also require
numerous people who have capability to handle all operations and working activities.
Every year, various travelling agencies which requires well skilled and qualified
workforce. Thus, it can be said that trends of employment rate in UK are being
increased which also improving living standard of people or local communities.
Promoting better relationship with other countries – Market trends in travelling sector
also put a huge impact on improving political relations within two countries. It is also
beneficial to increase loyalty and trust upon two economies. Although, there is
required proper visa to visit other country as if government of one country allows
people to visit then it improve interpersonal relationship of both countries.
4.2 Consequences of businesses failing to respond to market changes
In this competitive era, it is necessary for every business association to make
necessary modifications as per the fluctuations within business environment. In addition, the
business environment is rapidly change especially the economic environment. So that, it is
essential for Easy Jet to acquire changes in its products and services and they should also
have to acquire changes in order to remain its leadership over the world. But if the business
get failed to respond these changes in an effective manner, then its faces several issues which
are stated as under: -
Customer base – In this modern era, customers’ preferences and needs are getting
changed and it is quite difficult to stay them loyal for specific brand. Although, Easy
Jet also has several competitors, like – Thomas Cook, Holiday Inn etc. who also
provides similar products and services. Thus, it is necessary to retain target and
potential customers of the company and for this purpose, management should
determine untapped segment of consumers and develop attractive holiday packages
(Oviedo-García, 2016).
Mismanagement – If Easy Jet is not able to respond towards market trends it generate
mismanagement in its functionality or operational areas. Businesses get very little to
assess that all working activities and practices are performed in well- being manner.
Sometimes the situation of improper time management get occurred and affect entire
working environment of the company (McKercher, 2016).
Sales and profitability – Another consequence is losses and attribution that may even
lead to situations like – bankruptcy, In simple terms, if business couldn’t respond
towards changes then it decreases its sales and profitability. Because due to poor
quality of services are also affect customers’ mind set or interest as they do not prefer
to poor brand or service. However, lack of market share and eventual loss of money
from the on the business front.
CONCLUSION
From the above discussion, it get comprehended that travel and tourism industry has a
vast impact on growth and success of an economy; it provides job opportunities to people in
order to improve their living standing. The report has stated that different trends, like –
terrorism, globalisation, liberalisation, changes in customers’ needs etc. are the main current
trends that have positive and negative influence on tourism sector. Along with this, travelling
In this competitive era, it is necessary for every business association to make
necessary modifications as per the fluctuations within business environment. In addition, the
business environment is rapidly change especially the economic environment. So that, it is
essential for Easy Jet to acquire changes in its products and services and they should also
have to acquire changes in order to remain its leadership over the world. But if the business
get failed to respond these changes in an effective manner, then its faces several issues which
are stated as under: -
Customer base – In this modern era, customers’ preferences and needs are getting
changed and it is quite difficult to stay them loyal for specific brand. Although, Easy
Jet also has several competitors, like – Thomas Cook, Holiday Inn etc. who also
provides similar products and services. Thus, it is necessary to retain target and
potential customers of the company and for this purpose, management should
determine untapped segment of consumers and develop attractive holiday packages
(Oviedo-García, 2016).
Mismanagement – If Easy Jet is not able to respond towards market trends it generate
mismanagement in its functionality or operational areas. Businesses get very little to
assess that all working activities and practices are performed in well- being manner.
Sometimes the situation of improper time management get occurred and affect entire
working environment of the company (McKercher, 2016).
Sales and profitability – Another consequence is losses and attribution that may even
lead to situations like – bankruptcy, In simple terms, if business couldn’t respond
towards changes then it decreases its sales and profitability. Because due to poor
quality of services are also affect customers’ mind set or interest as they do not prefer
to poor brand or service. However, lack of market share and eventual loss of money
from the on the business front.
CONCLUSION
From the above discussion, it get comprehended that travel and tourism industry has a
vast impact on growth and success of an economy; it provides job opportunities to people in
order to improve their living standing. The report has stated that different trends, like –
terrorism, globalisation, liberalisation, changes in customers’ needs etc. are the main current
trends that have positive and negative influence on tourism sector. Along with this, travelling
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companies like Easy Jet are required to adopt various forms of tourism to attain and retain
customers for long term, i.e. in-bound and out bound tourism, grey tourism, health tourism
etc.
customers for long term, i.e. in-bound and out bound tourism, grey tourism, health tourism
etc.
REFERENCES
Books and Journals:
Baker, D. M. A., 2014. The effects of terrorism on the travel and tourism industry.
International Journal of Religious Tourism and Pilgrimage. 2(1). p.9.
Becker, E., 2016. Overbooked: the exploding business of travel and tourism. Simon and
Schuster.
Cohen, E. and Cohen, S. A., 2015. A mobilities approach to tourism from emerging world
regions. Current Issues in Tourism. 18(1). pp.11-43.
Cohen, S. A. and et.al., 2014. Understanding and governing sustainable tourism mobility:
Psychological and behavioural approaches (Vol. 43). Routledge.
Connell, J., 2013. Contemporary medical tourism: Conceptualisation, culture and
commodification. Tourism Management. 34. pp.1-13.
Dickinson, J. E. and et.al., 2014. Tourism and the smartphone app: Capabilities, emerging
practice and scope in the travel domain. Current Issues in Tourism. 17(1). pp.84-
101.
Hall, C. M. and Page, S. J., 2014. The geography of tourism and recreation: Environment,
place and space. Routledge.
Hannam, K., Butler, G. and Paris, C. M., 2014. Developments and key issues in tourism
mobilities. Annals of Tourism Research. 44. pp.171-185.
Hartmann, R., 2014. Dark tourism, thanatourism, and dissonance in heritage tourism
management: new directions in contemporary tourism research. Journal of Heritage
Tourism. 9(2). pp.166-182.
Kim, J. H. and Ritchie, J. B., 2014. Cross-cultural validation of a memorable tourism
experience scale (MTES). Journal of Travel Research. 53(3). pp.323-335.
Luh Sin, H., Oakes, T. and Mostafanezhad, M., 2015. Traveling for a cause: Critical
examinations of volunteer tourism and social justice. Tourist studies. 15(2). pp.119-
131.
Mariani, M. M. and et. al., 2014. Managing change in tourism destinations: Key issues and
current trends. Journal of Destination Marketing & Management. 2(4). pp.269-272.
McKercher, B., 2016. Towards a taxonomy of tourism products. Tourism Management. 54.
pp.196-208.
Oviedo-García, M. Á., 2016. Tourism research quality: Reviewing and assessing
interdisciplinarity. Tourism Management. 52. pp.586-592.
Books and Journals:
Baker, D. M. A., 2014. The effects of terrorism on the travel and tourism industry.
International Journal of Religious Tourism and Pilgrimage. 2(1). p.9.
Becker, E., 2016. Overbooked: the exploding business of travel and tourism. Simon and
Schuster.
Cohen, E. and Cohen, S. A., 2015. A mobilities approach to tourism from emerging world
regions. Current Issues in Tourism. 18(1). pp.11-43.
Cohen, S. A. and et.al., 2014. Understanding and governing sustainable tourism mobility:
Psychological and behavioural approaches (Vol. 43). Routledge.
Connell, J., 2013. Contemporary medical tourism: Conceptualisation, culture and
commodification. Tourism Management. 34. pp.1-13.
Dickinson, J. E. and et.al., 2014. Tourism and the smartphone app: Capabilities, emerging
practice and scope in the travel domain. Current Issues in Tourism. 17(1). pp.84-
101.
Hall, C. M. and Page, S. J., 2014. The geography of tourism and recreation: Environment,
place and space. Routledge.
Hannam, K., Butler, G. and Paris, C. M., 2014. Developments and key issues in tourism
mobilities. Annals of Tourism Research. 44. pp.171-185.
Hartmann, R., 2014. Dark tourism, thanatourism, and dissonance in heritage tourism
management: new directions in contemporary tourism research. Journal of Heritage
Tourism. 9(2). pp.166-182.
Kim, J. H. and Ritchie, J. B., 2014. Cross-cultural validation of a memorable tourism
experience scale (MTES). Journal of Travel Research. 53(3). pp.323-335.
Luh Sin, H., Oakes, T. and Mostafanezhad, M., 2015. Traveling for a cause: Critical
examinations of volunteer tourism and social justice. Tourist studies. 15(2). pp.119-
131.
Mariani, M. M. and et. al., 2014. Managing change in tourism destinations: Key issues and
current trends. Journal of Destination Marketing & Management. 2(4). pp.269-272.
McKercher, B., 2016. Towards a taxonomy of tourism products. Tourism Management. 54.
pp.196-208.
Oviedo-García, M. Á., 2016. Tourism research quality: Reviewing and assessing
interdisciplinarity. Tourism Management. 52. pp.586-592.
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