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Travel and Tourism Industry Doc

Added on - 23 Nov 2020

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REPORT
Table of ContentsINTRODUCTION...........................................................................................................................3MAIN BODY...................................................................................................................................3CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................11
INTRODUCTIONTravel and tourism industry is consist of different types of business to achieve aparticular goal and objective. One of the important objective of travel and tourism industry is todevelop and offer different types of products and services for satisfying the need and demand ofvisitors. Travel and tourism industry is divided in different parts. It includes operations oflodging that includes the services provided by hotels, casinos, resorts etc. The industry alsoincludes transportation services like ships, auto etc. Food and beverage is also a major area oftravel and tourism industry that includes restaurants, cruise ships etc. At last, retail shops likehandicraft shops and activities such as amusement parks, entertainment etc. is an important partof travel and tourism industry. The Report will outline the statistics, nature and trends of globaltourism. The Report will also provide information of tourist generating areas as well as touristreceiving areas. The Report will also describe the factors that are contributing to the growth ofglobal tourism, challenges in future development of global tourism etc.MAIN BODYStatistics of global tourism.Due to globalization, the importance of travel and tourism industry has been increased.Global tourism refers to offering the facilities and services of travel and tourism in differentcountries by crossing the borders of the nation. Tourists refers to the persons that are staying indifferent places for getting leisure or other facilities(Wu, 2016).One of the largest industry of the world is Travel and tourism industry. The industry is a majorcontributor in the economic development at global level. In year 2016, the total economiccontribution of travel and tourism industry is more than 7.6 trillion in terms of US dollars. Theindustry has directly contributed in the economic development it includes entertainment,transportation, various attractions etc. There are many countries like United States that arehaving popular destinations for tourists. The total number of tourists arrived in year 2016globally is more than 1.20 billion and this is expected to be increased up to 1.8 billion till year2030(Mowforth, 2015).In 2016, the revenue generated by travel and tourism globally is more than 1.8 billion. In year2016, the total contribution of travel and tourism industry in respect of revenue is more thanapproximately 1.27 trillion in terms of US dollars. One of the top city that is spending hugeamount on tourists is Dubai. In year 2016, Dubai has spent approximately 31.3 billion in terms
of US dollars. In year 2017, it is expected that more than 1.32 billion visitors will arriveglobally(Sardak, 2016). In year 2017, in North America more than 134.8 million tourists hasarrived. And in middle east more than 58.1 million tourists has arrived.There are various top destinations in the world. One of the top destination of Mexico city is TheZocalo. New York city also have various tourists destinations that includes Central Park. Tokiyoalso have various top destinations for tourists such as Sensoji temple, Meiji Jingu Shrine, Disneyland in Tokyo. China also have top tourists destinations such as Great wall of china. Australiaalso have top destinations for tourists such as Sydney Opera House. In Hong Kong Ocean Park isone of the top tourist destination. The top tourist destinations in UK are Buckingham Palace,green park etc.Trends in global travel and tourism industry are as follows-Global tourism industry is playing an important role in economic activities, providing jobopportunities to the unemployed peoples in the world, and it is one of the major contributor ofrevenue from exports and contributes to gross domestic product.The number of arrival of inbound tourists in year 2016 is more than 1.2 billion.Characteristics of tourism generating and receiving areas of world.Tourist generating areas-Tourist generating areas refers to the regions from where the touristsvisit to the tourist destinations in other countries.France-The number of peoples of France that are visiting tourist destinations in other countries like UK.France is one of the top tourist generating region which is helping tour operators to increase theirrevenue. The revenue of tourism sector of France in terms of outbound tourism has been increaseby 4.1 %(Richards, 2016.). Some top long haul destinations for France tourists are Mauritius,Thailand etc. Some top medium haul destinations are Morocco, Spain etc.Some of the demographic, economic factors that are affecting outbound tourism in France-Family members in France are spending huge amount of money on tour and travels due to lowrate of inflation, improvement in confidence of customers etc. Due to fast development innuclear families the demand for hotels, catering has also increased.U.S.A.-
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