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THE IMPACT OF THE MEGA TRENDS AND EMERGING TRENDS ON THAT MARKET OR TOURISM INDUSTRIES
Table of Contents INTRODUCTION...........................................................................................................................1 Impact of the Emerging trend and Mega trend within the tourism sector...................................1 CONCLUSION................................................................................................................................5 REFERENCES................................................................................................................................6
INTRODUCTION Travel and Tourism industry is all about providing necessary means in order to assists the tourists throughout their travelling. This industry mainly concentrates towards the travelling bookings, transportations, accommodations, food facilities, visits and destinations etc. This study is based on theemerging trend and mega trend within theEvan Evans tour firm which provides thetourism services. As the people are now more conscious towards the exploring more at various different places, so this report will help in creating a complete understanding about the emerging trends and mega trends due to which entrepreneurs are getting more opportunities to provide the variety of services to the customers. The report will help in identifying the impact of such trends on the business. Furthermore, it can be stated that changing in population structure, improvement in standard living of the individuals, disposable income and long leisure time & ageing population in the developing countries will all fuel the tourism industry growth. Impact of the Emerging trend and Mega trend within the tourism sector In the era of the modern world, people are accelerating the changing in many ways by the means of their communication, interaction and the way they live their lives. So, in travel and tourism industries, there is a rapid growth according to the changing demands and needs of the people.Evan Evans tour firm is the small medium company which offers the variety of tourism services to its customers. This company offers a large services in a form of fixed packages during which the firm facilitates travelling, food and accommodation facilities to the customers. Along with this, Evan Evans tour firm have also explored many more new locations or destination spots which are highly encouraged by large number of people.Thus, it can be stated out that arrival of the large number of consumers and better educated customers will compel the industry to launch new commodities. New markets and emerging markets are necessity of diversified commodities are the basis of strategy that can enhance their working, sustain and capture new markets. Many travellers are demanding the new things and want adventure in their trips so that it has increased the new trends which convert into opportunities of business development (Bartke and et.al., 2018). Theses increasing trends of the people have also advanced many opportunities to various business entrepreneurs and these trends have provided the way to increase the sales and 1
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