This presentation provides an overview of the contemporary travel and tourism industry, including key milestones, elements, and factors affecting the industry. It also discusses motivation models and recent trends in international travel. References are included for further reading.
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CONTEMPORARY TRAVEL AND TOURISM INDUSTRY
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Introduction •Tourism is concerned with movement of individual or groups from one place to another for thepurposeofleisureandrecreationservices.Itcomprisesoftransportationsystem, accommodation, tours, adventure, insurance which are classified under tangible and intangible components •Tourism is classified as winter, niche, health tourism and many more. The travel and tourism industry is fastest growing sector in UK, major part profit is contributed towards improvement and development of economy. This sector is largest and successful sector of hospitality and service industry.
Key milestones in the development of the travel and tourism industry The travel and tourism industry of hospitality sector is majorly responsible for economic development and sustainable growth. Their have been major changes from last decades and is emerging with fast pace. The major milestones for development of this industry emerged form 16 century and still continuing.
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PeriodFor what purpose individuals travel Travel agent usual distance travel Destination 1600During this period of time the purpose of tourist was visit religious places and travel for business work. NoAt that point of time people mainly prefer to travel either through sea ways or carts for local area travels. 1800People of this era use to travel with the aim to spend precious time with family, friends and relatives. And their was also to visit spiritual places. NoThe people use to travel with the help of boat, house cart , ship bullock carts and many more.
time with families, relatives and friends. Also for purpose of business, visiting temples and going abroad for study purpose.
•Their are different sectors in this industry like transportation, food and beverages which are very much important for higher satisfaction level •In order to have first mover advantage over rival firms it is necessary to provide good quality of services and products to final user. Apart from this various factors which have shaped travel and tourism industry are described below:- •Changing Socio-Economic Circumstances •Technological Developments •Changing Customer Needs And Preference •Product Development And Innovation
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Elements of the travel and tourism industry •Their are various components of travel and tourism sector which are concerned with developing and creating experience of tourists as they are interrelated to each other. . As the main objective of this business is to grab attention of more and more travelers and visitors emphasizing upon rendering them with wonderful and memorable experience
•Travel Agent-These individuals provides information to visitors regarding different destinations, packages as per their needs, offers and proper plan for their travel •Tour Operator-They are intermediaries between tourists and agent. These operators are responsible to provide detailed information which includes how to travel, where to stay, and other necessary services •Accommodation-This is most important element for both tourist as well as travel agent. •Transportation services -There are various modes of transport which can be operated for purpose of travel and tourism. •Tourist Attractions-To attract more and more visitors package must include famous attractions which can be museum, educational center, gallery and theme parks
different factors affecting tourism behaviour. •Tourism industry is one of leading and successful industry in world because many people are associated with it and contributes to national income for economic development. Their are many factors by which behaviour of tourist get affected. Some of them are listed below:- •Safety and security :One of the most major factor which effect behaviour of tourists and customer's. •Personal Budget-People with worst economy also want to travel and have wonderful time. •Internet and Social Media-Now tourists are well aware about every necessary information
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Models of motivation and how they influence the consumer decision- making •For motivating customer's of travel and tourism sector it is essential for companies to identify and analyse needs , expectations of them so that it would be easy to provide products and services in such a way that customer's get maximum satisfaction and experience
In context of this industry Maslow's need hierarchy theory is discussed below:- •Physiological Needs- These are basic needs which customer's want to get fulfilled and change their behaviour in positive aspects •Safety Needs-The place where customers are travelling for holiday want to remain safe and secure. •Social Belongingness Needs-It is essential for companies to design and develop such holidays for their customer's so that they get complete love and affection by feeling special •Esteem Needs-This need is associated with respect and esteem. •Self-actualisation Needs-This is highest level of need which is concerned with realizing potential, growth, creativity and self-fulfilment
Recent patterns and trends in international travel and tourism industry •Increase In Last Minute Booking-Now-a-days tourists prefer to book tickets at last moment as sudden plans are made by them to go on holiday •Travelers Visiting New Destination-Their is rise in demand by travellers to visit new and unexplored destination which are full of adventure and fun. •Ecological And Educational Tours More In Demand- Touristsare now focusing on funding for forests, ecological projects, animal restoration so there is increase in demand for ecological projects.
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Factors affecting the popularity of a range of global destinations. The popularity of various global destination is affected by different factors in travel and tourism industry. The destinations selected by travel agent or operator must be attractive as this would provide maximum satisfaction. Some of different factors which are affecting popularity of destination are as follows:- •Cultural importance- the popularity of particular place or destination gets affected due to historical and cultural importance to great extent •Terrorism- This factor has negative impact popularity of destination among tourists. As people visit various destinations with purpose of leisure and enjoyment •Environment- The destination for travel becomes popular among the tourists because of soothing environment and climate
Conclusion •From the above report it can be suggested that there is tremendous growth of travel and tourism industry and also contributes in economic development of country, this report helps in understanding that this sector has high degree of growth potential. Also, there are various factors which affect decisions of tourists and are interrelated with each other. Along with this it has been analysed that national and international economy will foster because of travel and tourism sector. Lastly it can be said that there are factors lay down either positive or negative impact on popularity of global destination.
REFERENCES •Bærenholdt, J. O., Haldrup, M. and Urry, J., 2017. Performing tourist places. Routledge. •Battour, M. and Ismail, M. N., 2016. Halal tourism: Concepts, practises, challenges and future. Tourism management perspectives. 19. pp.150-154. •Boniface, B., Cooper, R. and Cooper, C., 2016. Worldwide destinations: The geography of travel and tourism. Routledge. •Fang, B., Ye, Q. and Law, R., 2016. Effect of sharing economy on tourism industry employment. Annals of Tourism Research. 57(3). pp.264-267
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