Emerging Trends and Interrelationships in the Travel and Tourism Industry

   

Added on  2023-06-15

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Emerging Trends and Interrelationships in the Travel and Tourism Industry_1
Travel and Tourism Industry 1
Reflection
This reflective Journal will highlight the Tourism industry and its emerging trends. There
several categories of tourism i.e. domestic, inbound and outbound. In this journal, I am also
going to explain about the development of this industry and all the necessary changes that has
widely affected travelling. Moreover, the journal will also explain how trends and other many
factors affect the tourism industry.
Section 1
Introduction
Tourism industry is one of the major industry that has helped in the economic growth of a
nation. Tourism is the way an individual travel for pleasure and for any business purposes
(Westcott, 2012). Today, tourism has become one of the major source of income because it helps
in the balance of payments of a nation. Likewise, an interrelationship is defined as when any
business start working with other companies in which they have strong interrelationships and one
cannot be successful with the help of other. There are some issues which are still not clear and a
nation must work on it to eradicate those issues. There are also major trends that helped tourism
industry to stand on the top (Kangut, 2012). I have learned that there are many factors that have
an adverse effect on this industry which must be taken into consideration.
Section 2
Emerging trends and its future impacts
Unbundled airfare
Travelers have stated that the cost involved in the travelling and other additional fares are
increasing day by day which ultimately reduces the number of travelers to visit any destination.
In the recent years, the airline industry has reduced the amount of fares and controlled their
budgets by focusing on the bag check fees and other many paying costs (Kalyanaraman, 2015).
Earlier, the fares for travelling were very inclusive and they used to focus on the destination
rather than focusing on the high prices. But today, it has more focused on cost rather than
focusing on the destination. (Elliott, 2014).
Emerging Trends and Interrelationships in the Travel and Tourism Industry_2
Travel and Tourism Industry 2
Despite of all the issues, airlines industry are also offering several options which will be
based on the total amount a traveler wishes to invest and it has also provided the easy access to
overseas travelling. The agreement between Chinese and Australian government has provided
aid in this industry and aimed at reducing the tedious journey for a traveler (Cameron, 2013).
Economic growth
Tourism industry in Australia in strongly growing and has also contributed to the
economic growth. It has strongly grown in the last two decades because the total number of
visitors is doubled from 1992 to 2014. The total number of international visitors were 2.5 million
in the year 1992 which resulted in 6.7 million in 2014. This shows that the tourism industry in
Australia has grown with some massive changes. Tourism is one of the major source of income
which helps to increase the GDP of the country (Burkhard, 2016).
There are some changes in the Australian airport which created a positive impact on the
traveler’s experience of the airport. The major changes can be seen in the Brisbane Airport which
was involved in several projects worth $3.8 billion. It aimed at expanding several terminals and
car parking as well. Likewise, Canberra Airport is also redeveloping itself by introducing more
food and beverages stores and managing children area so that kids can have fun during the
intervals. The government of Australia is also going to invest $3 billion in building the next
airport in Sydney in mid 2020s (Narendra, 2013).
Technology upliftment
There is a huge change that can be observed in the tourism sector and of the major
changes can be seen is the changes in the technologies. The technology of mobile phones has
changed the whole nation and today a traveler can plan their trips on phones. They are provided
the facility to search and plan according to their requirements and budget plans (Glion, 2017).
Several flights are available at cheap rates which covers the 60% of the customer demands and
also helps to generate 40% of the revenue. Mobile phone has made the traveler’s to plan their
unplanned trips within a click. A traveler just need to pull out their phone and get a price and
book the tickets. The message alerts and pop up messages can always be seen on one’s mobile
phones. I have also personally experienced the use of mobile phone to encourage tourism
industry (Lenior, 2016).
Emerging Trends and Interrelationships in the Travel and Tourism Industry_3
Travel and Tourism Industry 3
I was planning to attend a concert and I searched on it about the venue and the timings. It
was going to be held in New York. As long as I was searching for all the details regarding the
concert, there was a pop up messages and a search window where flights to New York were seen
that would match the timings of the concert as well. One can book the flight right away and
attend the event without any investing much time in looking more options.
Decline of the generic holiday
Travel has become a trend in the today’s era. Because of the updates in the technology,
one can see how many people are looking forward to travel for any specific reasons. There can
be many purposes as mentioned below.
Living like a local: This has given an upliftment to the people who have travelled to gain
personalized experience and authentic experience as well. Airbnb provides the services that takes
the traveler from their destination to a very new city. They either travel for few days, few weeks
or few months and have fun and gain lots of experiences.
Working holiday: There are many people who prefer to combine two activities in one i.e.
travelling along with working. This has become a new trend to work and travel. Such type of
trips is known as bleisure trip. Bleisure trips are the trips which are multitasking in nature where
you pick work along with your bulky bags. In such trips a traveler generally carries laptops with
them so that they can use it anytime and complete their work along with the trips. I personally
believe that a person should complete their work in the work place and avoid carrying their work
on the roads. Because if a person is involved in two tasks, then he/she cannot either enjoy the trip
or can he work properly.
Ecotourism: The climate changes from time to time and when a traveler plans a trip, he can
easily get the climate updates. And also avoid going to endangered destinations. The travelers
plan those trips which have the suitable climate and which also meet their requirements as well
(Global environment, 2017).
Section 3
Interrelationships
Emerging Trends and Interrelationships in the Travel and Tourism Industry_4

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