Global Trends in Travel and Tourism Industry

This presentation covers the emerging global trends in the 21st century travel and tourism industry, including solo travelling, international to local, and AI-powered contactless travel. It discusses the importance of these trends in tourism decision-making, their benefits and costs to the destination country, and the need for sustainability in the industry. The presentation also highlights the government's role in monitoring travel activities and the responsibilities of tour operators, suppliers, and consumers towards respecting new cultures and traditions.

GLOBAL TRENDS IN TRAVEL
AND TOURISM INDUSTRY

TABLE OF CONTENTS
• Introduction
• Emerging global trends in 21st century travel and tourism industry
• Why are these important in tourism decision-making?
• Benefits of these trends to the destination country
• Costs of these trends to the destination country
• Conclusion
• References

INTRODUCTION
• This presentation report will cover:
• Globalization has given rise to international tourism trends
• Various tour trends have emerged globally such as solo travelling, use of AI, etc.
• These trends heavily influence the decision making of customers
• Changes in the travel sector widely affects its industrial competitiveness
• It both benefits and harms economic, social, and environmental factors

21ST CENTURY GLOBAL TRENDS IN TRAVEL
INDUSTRY
Almost all the industries are surrounded with upcoming trends within the businesses which
it operates on. The tourism industry is quickly evolving with many new trends like:
• Solo travelling
• International to local
• AI-powered contactless travel

WHY ARE THESE IMPORTANT IN TOURISM
DECISION MAKING?
• The various discussed trends in the tourism industry shape the decision-making process
in several ways such as:
• Decision-making of customers
• Use of automation in industry
• Sustainable tourism
• Transformative travelling

BENEFITS OF THESE TRENDS TO THE
DESTINATION COUNTRY
The new global trends in the tourism industry has benefitted the travel destination of Japan
as follows:
• Profitable inbound tourism
• Driver of socio-economic growth

COSTS OF THESE TRENDS TO THE DESTINATION COUNTRY
Along with the advantages, such growing trends also come at certain costs the effects of
which can be seen in Japan's tourism sector too.
• Increase in real estate prices
• Pressure on infrastructure
• Local residential trouble

CONCLUSION
It can be hence concluded that:
• Sustainability is a vital aspect in the tourism industry
• Emerging trends neither should hinder future growth nor it disrupt surrounding environment
• Tourism stakeholders can benefit from welfare practices in the industrial sector
• Government needs to keep a tab on the travel activities
• Tour operators and suppliers need to practice sustainability
• Consumers also need to fulfil their responsibilities towards respecting new cultures and
traditions

REFERENCES
Books and Journals
• Konovalova, E.E., and et.al., 2018. Forming approaches to strategic management
and development of tourism and hospitality industry in the regions. Journal of
Environmental Management & Tourism. 9(2 (26)). pp.241-247.
• Kitamura, Y., and et.al., 2020. Carbon footprint evaluation based on tourist
consumption toward sustainable tourism in Japan. Sustainability. 12(6). p.2219.
• Tham, A., 2020. Asian solo male travelling mobilities–an autoethnography.
International Journal of Culture, Tourism and Hospitality Research. 14(3).
pp.453-472.