Travel & Tourism Assignment PDF

Travel & Tourism 0
Title: Travel & Tourism
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Travel & Tourism 1
Contents
Introduction................................................................................................................................2
Increased Frequency of Holiday................................................................................................2
More Independent Travelers......................................................................................................3
Factors Affecting the Travel & Tourism Sector........................................................................4
Conclusion..................................................................................................................................5
References..................................................................................................................................6

Travel & Tourism 2
Introduction
Tourism is an industry that has survived through the financial crisis, and have
witnessed a sustainable development through the various new additions of trends that have
successfully enticed the tourists. The tourism industry through its innovative approaches has
helped in creating job opportunities and have contributed to the GDP of the nation. The
various trends that have helped the tourism industry in developing include the increase in the
frequency of holiday, the rise in the independent travelers, the rise in the baby boomer
generation for holiday packages and many others. These trends have been further successful
due to the various factors that have increased the level of convenience for the tourists.
Increased Frequency of Holiday
The new trend in the tourism industry is the increase in the frequency of holidays that
is helping the travel industry flourish. Many people are taking holidays like weekend
getaways, cruise holidays, festival holidays, short trips, and many other vacations. This
increase in the holidays is also due to the various factors like the convenience and flexibility
that has been brought by the internet in travel bookings, expansion, and development of
regional airports, the development in the transport facilities and the currency exchange rate1.
The facility of the internet, call centers and Teletext helps in conducting booking 24 hours a
day. Also, the different packages that are offered by the tourism companies are planned
accordingly that cater to different income groups. This factor has helped in the increment of
the travelers due to the cheap and economic packages that give the tourist an opportunity to
freely plan trips. Though, this has affected the business of a travel agent, who has suffered a
great loss in recent years due to online bookings2. For example, there has been an increase in
the abroad trips of an average person of UK from the year 2011 to 2013, the hike has been
1José I Castillo-Manzano, Mercedes Castro-Nuño and Lourdes López-Valpuesta, '“When Las Vegas Takes To
The Sea' (2017) 24 Tourism Economics. 2 Steenbruggen J, 'Tourism Geography: Emerging Trends And Initiatives To Support Tourism In Morocco'
(2016) 5 Journal of Tourism & Hospitality.