Emerging Global Trends in Travel and Tourism Industry Analysis

This report provides an overview of the travel and tourism industry, focusing on emerging global trends such as solo trips, short weekend getaways, travel blogging, and budget travel. It discusses the importance of these trends in tourism development, including easy travel through online booking, travel as a business through blogging, contactless payments, and adventure sports. The report examines how changes in global trends affect the competitiveness of businesses in the tourism industry, considering factors like digitization, new options, and the impact of the COVID-19 pandemic. Finally, it analyzes the costs and benefits of these trends on the economy, society, and environment, including the environmental costs of pollution, economic benefits of increased tax revenue, and social costs related to changing behaviors. The report concludes by emphasizing the significance of these trends in shaping the future of the travel and tourism industry.

Tourism Environment
and Industry Group
Presentation

INTRODUCTION
Environment tourism is defined as a travel to a destination where the flora, fauna and the culture
heritage are the centre or primary attraction. Using this type of ecotourism these include program
that minimize the adverse effect of natural environment. It also help in increase the cultural
integrity of local people. This report include information about the emerging global trends in
travel and tourism industry. It also discuss about importance of these trends in the decision
making of tourism development so that it can meets its objective(Adedoyin, and et.al 2021).
How change in the global trends affect the business in tourism industry. Also what are the cost
and benefits on economy, society and environment.
TASK
Emerging global trends in travel and tourism industry.
Tourism industry which is also know travel industry is where people travel to other location, it
can be choice that a person choice to to travel domestically or internationally for leisure, social
or business purposes. As rapid change in the world and people there is a rapid change in the taste
and preference this lead to change in the trend in the travel and tourism industry(.Biryukovand
et.al 2019). Some of these trends are :-
Solo trips – Now days as there is lot of stress in ones life and that can lead one getting
depressed. So in these time solo trips are helpful for an individual as they can help one to get out
of these hectic life and travel to just spend some time alone in some place peacefully. So it can
be said this is a way to reconnect with one's soul and explore there life's goals. Solo travellers
meet new people, explore new places, overcome fear. As this give them freedom to explore the
place and themselves.
Short weekends getaways - This section of travel trends is getting most famous among then
new travellers. As now people are looking newer and nearer destination for a short trip with
minimum expenses. These are small vacation that are of 2-3 days that helps the new travellers to
get free minded from the pressure of just to get fresh from the old regular life. They choose new
destination which are near within 200-300 km. These are also know as short vacations

Travel blogging - This is a new thing in the travel and tourism industry as it is for the people
who loves to travel but can not get enough office holidays, or people who have passion to visit
new places but do not have economic support so for these type of people they can choose
travelling as a profession might be helpful for them as they can now travel as well as work at the
same time. This is attracting a lots of new age travellers a a travel bloggers can be a travel
photographer, a videographer and with these they post these on various social networking or
digital platform. As there page gets popular they start getting income from either sponsorship or
they can get paid through advertisement this is really beneficial for the young travellers those
who love to travel(HaoNiu,Wang2021,).
Budget travel – These type of travel helps the new traveller to travel without any burden of
economic challenges. This helps in planning the complete trip meticulously and setting the
budget. When individual know there budget it is easier for them to plan the trip according to this.
Planing before hand also provides early bird incentives.
Importance of these trends in decision making of tourism development so that it can meets
its objectives.
These trends can be a lot helpful in the development of tourism sector and meeting its objective
of travel and tourism industry :-
Easy travel :- As after covid19 people have shifted to online booking and this has made
booking easy. As in the old days if you have to travel somewhere and you want to book the
travel plan you have to either talk to the sales executive of the travel company, or you have to
meet the travel agent face to face for your work. But now as the time has changed people have
started to book this online that has made things easier and quick that helps increase the travel
rates this has helps in stimulating economic (growthHuYang, 2020).
Travel as business :- New age of travellers have made travelling a profession. They have started
travel blogging this means they record where they travel and how they travel and once they get
popular they start earning they help different people to know about places they can visit and also
they help to know about different food places that are best in there. This helps that small business
of that place to grow and also helps in increasing the popularity to that place this helps in
providing jobs and promoting tourism of that place.

Contact less payments – This is one of the biggest change ever as now people do not have to
carry any cash debit card atm cards when they travel as there this will allow them to do as much
expense as possible and they do not have any restriction on what amount do they have to expand
on the food or accommodation this will allow a good flow of money and with no limit there will
be an increase in the income of the people who work in this sector(Konovalova, and et.al 2018).
Adventure sports – There is an increase in the demand of adventure sports that helps increasing
the interest in peoples mind for them and they can be a great place for tourist attraction which
can lead to increase in the level of people who visit there which can be a great advantage for the
place as this will increase there popularity and will give many local new jobs and business.
Which can be a great opportunity for the local of that area.
How can change in global trends affects the business in the tourism industry in the term of
competitiveness globally.
Trends have a great impact on the tourism industry in the term of competitiveness in the
industry as there are a lot of business that comes under these industry so that's why there is is a
lot of competition in these industry and as there is change in the preference of the people that can
lead to change in there trends :-
Digitization - After covid19 people have started to use digital platform for there daily work as
and now due this people are able to book tourism places and package by themselves this has
helped in increasing the revenue that was generated by the travel industry as there is increase in
the revenue of the tourism industry this has directly benefited the country as it is the sector that
provide a maximum part of the GDP. This is really beneficial for the country as it helps in
boosting the total national income of the country(.LabanauskaitėStašys2020).. And get the
country a good amount of foreign exchange .
New options – As there are a lot of profession which are blooming such as travel bloggers, food
bloggers, ride bloggers these also helps in reducing the competition in the industry as these help
other people who never visited who are sitting so much far away from the place can now see
what the place has to offer and what all are the best restaurants or best street food of that place
this helps the people to know about them and when they visit that place they visit all those places
as well this helps in blooming the small street business and also help in boosting all the business
that are related to that place this helps in increasing the travel and tourism industry(Meoand et.al
2022).

Covid 19 or pandemic – As there was pandemic due to which people were not allowed to go out
of there houses. Which lead to increase in depression and stress and as a suddenly lockdown was
open people started to travel to the places that they wanted to travel and that lead them travel
also as there was so much loss in this the GDP of the country and the easy and the quick way to
recover the GDP is by increasing the travel and tourism industry and most of the company after
the Covid 19 started to open there country to travellers and UK government came up with
different schemes that will be a great opportunity for them so that they can easily boost up there
economy these are some of the things that helped in increasing the travel and tourism
industry(Pencarelli2020).
Cost & Benefits of trends in travel and tourism industry and there impact of economy,
society and environment.
There are a lot of cost and benefits of the tour and travel industry that has an impact of the
economy society and environmental facts :-
Environment
Cost
 The major cost are the litter and noise pollution that people do when they visit such
places they have a great impact on the surrounding of people
 this also leads to increasing in the competition for the limited resources of that pace such
as water and land which will result in land degradation and also loss in the wildlife
habitats
 this has a direct contribution in the sewage and solid waste pollution(Sadeh2019).
Benefits
 This helps in encouraging community beautification and also revitalization this is so
much perfect for the environment.
 This also help in fostering conservation preservation natural and cultural and historical
resources.
 This helps in converting the environment so that it could be considered a clean industry
Economy
Cost

 Development related to tourism and there infrastructure can cost the local government a
great deal of money.
 This may also be a reason that can infiltrate property values and prices of goods and
services.
 This can be reason for the seasonal workers as there is only one season for the worker
and all the rest of time workers are useless
Benefits
 This helps in diversify and spatialize the local economy(Yousafand et.al 2021).
 This provide government with extra tax revenue each year through accommodation and
restaurants taxes airport taxes sales taxes park entrance fee and from employees income
tax
 this helps in creating jobs and business opportunity for the local but these include jobs
which are directly related to tourism and also those which are indirectly support tourism
Society
Cost
 This can effect in changing individual behaviour and family relationships
 This may also lead in sexual transmitted diseases
 This may also create crowding and congestion
 This can also result in the increase in harassment of the visitors perceived wealthy and an
increase in crime
Benefits
 This helps in bringing the outside dollars to support communities facilities that are
otherwise might not be developed
 This helps in encouraging the preservation and celebration of the local festival and
cultural events
 facilities and infrastructure developed for tourism can also benefits residents
 This helps in providing a cultural exchange between the host and guest

CONCLUSION
The above report include about the trends in the travel and tourism industry and also it include a
brief about the what is travel and tourism industry it include the emerging global trends in travel
and tourism industry. In this report there is information about why are these trends important for
decision making in the tourism and travel industry. It also discuss about how these trends are
going to effect business in tourism industry in the terms of competitiveness globally there is
information about what are the cost and benefits of these factors on the economy society and
environment. These factors also talk about the impacts of Covid on the industry.

REFERENCES
Books and Journals
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Hu, D. and Yang, Y., 2020. The development of marine sports tourism industry based on low-
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