Tourism Industry Analysis Report - Module: Tourism Trends

This report analyzes the tourism industry, focusing on the impact of the COVID-19 pandemic and the changing landscape of the sector. The report begins by examining the industry's growth, highlighting the innovative and competitive aspects of the global tourism market. It then delves into the effects of the pandemic, discussing the decline in bookings, the shutdown of transport, and the reduced confidence among travelers. The report cites several sources to support its analysis, including studies on the revival of the tourism industry post-COVID-19, the digital revolution in the travel sector, and the impact of the pandemic on the travel and tourism industry. The report concludes by offering insights into the challenges and potential strategies for the tourism industry's recovery and future growth. This report is a comprehensive analysis of the tourism industry, providing a detailed overview of its current state, challenges, and future prospects.

Individual Assessment

Week 1
Tourism industry has been competently growing within recent time globally with high
scale functional engagement, higher structural competencies dynamically within competitive
aspects based on working synergies. It serves hospitality services among people, based on
specific requirements and working functional growth rapidly within global working targets. This
further heads on competitive focus towards strengthened scope and informative working growth
rapidly, as per key business goals where it attracts customers with high scale functional
innovation paradigms dynamically (Pencarelli, 2020). Recently there are various new
innovations coming up in tourism industry, based on rapid scale functional growth engagement
and new functional working rise dynamically. Tourism industry is also virtually expanding
competently, based on working expertise and commercial competitive marketing targets among
people.
Week 2
Tourism industry has been severely affected by tourism within hotels and transport,
where globally tourism and hospitality industry has seen decline in bookings among people.
With complete shutdown of transport and aviation, covid-19 has reduced tourism hotels and
transport factors which has reduced people preference to travel (Škare, Soriano and Porada-
Rochoń, 2021). The pandemic has affected tourism specifically where retaining competencies
has also reduced widely among hotels and tourism services variedly. This further can be
analyzed as crucial impact where Covid -19 pandemic has lowered vitality and confidence
among people to travel again, which further lowered efficacy. Also, hospitality industry has seen
continuous downfall and reduction among people choices to get back to travel which has further
lowered goodwill along with revenue scenarios specifically (Sharma, Thomas and Paul, 2021).

REFERENCES
Books and Journals
Sharma, G. D., Thomas, A. and Paul, J., 2021. Reviving tourism industry post-COVID-19: A
resilience-based framework. Tourism management perspectives. 37. p.100786.
Pencarelli, T., 2020. The digital revolution in the travel and tourism industry. Information
Technology & Tourism. 22(3). pp.455-476.
Škare, M., Soriano, D. R. and Porada-Rochoń, M., 2021. Impact of COVID-19 on the travel and
tourism industry. Technological Forecasting and Social Change. 163. p.120469.