Developments, Trends and Factors on The Travel and Tourism Sector PDF
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Added on 2021-11-19
Developments, Trends and Factors on The Travel and Tourism Sector PDF
Added on 2021-11-19
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Explain How Developments, Trends and Factors are currently having a Significant Effect on The Travel and Tourism Sector
Increase Frequency of Holidays Over the passage of time it has been seen that there has been an increase in the frequency of holidays that has helped the travel and tourism sector to flourish at a greater rate. In the current scenario, it has been found that the travel and tourism sector has helped in bringing economic stability in different countries along with several other developments such as extended railway lines, cruise, affordable flight fares, etc. which attracts more tourist to visit different places of attraction across the globe1. Due to the rise in the frequency of holidays, the number of tour operators in both national and international scale has raised and the government of different countries also supports those companies as they are bringing foreign currency, as a result they can raise the value of their local currency in the international market. 1Mason, Peter.Tourism impacts, planning and management. Routledge, 2015. Page | 2
According to statistical data, it has been recognized that the both inbound and outbound visits are increasing science 1980. Different factors such as increase the frequency of holydays, reduction of travel cost etc. In financial year 2015, more than 36 million people visited United Kingdom from abroad2. Apart from that, it has been identified that 38% of total mainly visited UK for the frequency of holyday. That means holiday factor also influenced the tourism industry effectively. Travel is a major concern of the travelers, as they prefer to travel in comfort along with cheap bookings. In this era of digital communication, it has been found useful for the travelers to pre- book their seats as per their mode of transport along with other amenities. A large number of travel companies has also been established in these many years, which has helped the tourist to travel across different place and reach their destination across the globe3. On the other hand, it has been found that the growth in the travel and tourism industry has also raised the competition among different companies and as a result unplanned approach were taken by different companies to meet their customer need but it has reduced the number of visitors. 2Rhodes Chris, “Tourism: statistics and policy”. House of commons-library (2016): 06022 3Wei, Xiang, Songshan Huang, Ghialy Yap, Xinfang Wu, and Ariuna Taivan. "The influence of national holiday structure on domestic tourism expenditure: Evidence from China."Tourism Economics(2018): 1354816618778644 Page | 3
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