Contemporary Travel and Tourism Industry | Assignment

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Added on 2021-02-19

Contemporary Travel and Tourism Industry | Assignment

Added on 2021-02-19

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Table of ContentsINTRODUCTION...........................................................................................................................1LO 1.................................................................................................................................................1P1 Important milestones in development of travel and tourism industry...............................1P2 Different elements of Travel and tourism industry and their interrelation with each other...3LO 2.................................................................................................................................................4P3 Factors affecting Tourism behaviour................................................................................4P4 Motivating factors that influence the decision-making process of consumers.................5LO 3.................................................................................................................................................7P5 Emerging patterns and current trends in international travel and tourism industry..........7LO 4.................................................................................................................................................8P6 Factors affecting the popularity of different global destinations......................................8CONCLUSION................................................................................................................................9REFERENCES .............................................................................................................................10

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INTRODUCTIONTourism refers to an activity of travelling from one place to another for any sort ofpleasure or business purpose. Tourism industry is one of the vast and dynamic growing industryin service sector. Basically, it is a set of business that serves the needs of tourists during theirvisit at different places through travelling and touring. It includes various elements such as travelbookings, transportation, hotel stay, food and beverages, destination travel, accommodation andamenities etc. This report will highlight the important milestones in development of travel andtourism industry. It will represent different elements of travel and tourism industry and theirinterrelation with each other. The report will also highlight the factors that affect the behaviourof tourists as well as the factors that motivates the tourists and influence their decision-makingprocess of travelling. Further the report will include the current trends and patterns ininternational travel and tourism industry. The report will also include the factors affecting theglobal travel destinations.LO 1P1 Important milestones in development of travel and tourism industry.From the past few years there have been tremendous development in travel and tourismindustry in the form of GDP contribution, growth rate, employment opportunities or marketexpansion(Bærenholdt and et.al., 2017). All these elements have been a branch and thecontribution as well as development made by travel and tourism industry across the world. Thefollowing are some important milestones of tourism development-Development of Tourism Act 1969- It was a major focus and goal to coordinate all theorganizations that operates in tourism sector and provide emergence of British Tourist Authorityand developments of tourism sector in Great Britain. It provides financial assistance from publicfunds to build up new hotels and accommodation facilities to travellers with a view ofconducting a business. The major development of tourism act was for the growth of Tourismsector in Britain.Package Travel and Holidays regulations 1992- These regulations applies to all the tourismcompanies that offers services like travel packages and holiday packages top the customers andensures that all the companies follow the proper conduct and ethics for their services. It1

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