MGBBT1TEN - Global Trends in Travel and Tourism Industry Presentation

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This presentation, prepared for the MGBBT1TEN module, analyzes the emerging global trends in the travel and tourism industry, focusing on the 21st century. It delves into the significance of these trends for tourism planning and development, exploring their benefits and costs to destination countries. The presentation covers various aspects, including the impact of the COVID-19 pandemic, the rise of safety and hygiene tourism, the increasing emphasis on leisure, the growth of contactless services, and the role of automation. Furthermore, it examines the importance of sustainability, health, and safety in the industry, and the economic and cultural benefits trends bring to destination countries. The presentation also addresses the potential costs, such as over-reliance on capital and unsuitability for terror-affected regions. It concludes with an evaluation of these trends and emphasizes the importance of sustainable practices in the tourism industry.
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Global Trends in Travel and Tourism Industry
Group Name
Member Names and IDs
DUE DATE: Friday
12th August at
2pm
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Table of Content
Introduction
What are the emerging global trends in travel and tourism industry in the
21st century?
Why are these trends important in tourism planning and development?
What are the benefits of these trends to the destination country?
What are the costs of these trends to the destination country?
Conclusion
References
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Introduction
Travel and tourism industry is one of the emerging and profitable industry of
the world which has involved huge number of visitors. The turnover of this
industry are very high which attracts number of stakeholders towards them.
All the industries of the market along with the tourism industry has reflected
number negative growths due to the presence of COVID-19 pandemic in the
world. There are number of travel restrictions applied by the government of
respected states to avoid the spread of COVID in their country.
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Global trends in Travel and Tourism Industry
Tourism industry plays important role in t he development process of the country because the level
of turnover are very high which becomes the reason for the attraction of authorities towards the
concept of business. The tourism industry not only provides business to government or big
stakeholders but it also provide financial opportunities to large number of small and local vendors of
the destinations. The tourism industry is badly impacted due to COVID pandemic which spoils the
growth rate of the industry. All the trends and indicators of market becomes changed due to the
happening of these type of events in the market.
Safety and hygiene tourism trends :-
Increase emphasis on leisure :-
Growth of contact less payment and other services :-
Robots, chatbots and automation :-
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Why are these Global Trends important in
Tourism Planning and Development?
Sustainability is the concept of conducting those activities for present development of
business without sacrificing the future development. It is one of the most important and
valuable aspect which is followed by most of stakeholders. The management of business
organisations has number of natural resources for the performance of their business.
Health and safety of employees helps to increase customer satisfaction:-
Helps to promote the development of nation:-
Provide number of employment opportunities :-
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What are the Benefits of these Global Trends
to the Destination Country?
The global trends which is discussion above in the report has many
positive impacts on the destination country because of their diverse aspect
of growth. The brief discussion related to the same are given below:
Helps to promote culture of destination country :-
Provide huge revenue to host country :-
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What are the Costs of these Global
Trends to the Destination Country?
It is stated in the above discussion that the existing trends of tourism
industry contains diverse aspect both positive and negative. The negative
aspect of the above trends are given below:
Excess dependency on capital :-
Not suitable for terror influenced countries :-
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Conclusion
This report is concludes on the evaluation of different trends present in
tourism industry. It concludes description related to the importance of
sustainable practises for tours and travel industry. This report also
concludes explanation related to positive and negative impacts of these
trends on destination country. Tourism industry is one of those industry of
the world which enables the growth of the nation so the attraction of
country are very high in this industry of the market are concluded in this
report.
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Thank You!
Any Questions or Comments?
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Reference List
Mugauina, R., Rey, I.Y., Sabirova, R., Rakhisheva, A.B., Berstembayeva, R., Beketova,
K.N. and Zhansagimova, A., 2020. Development of rural tourism after the coronavirus
pandemic. Journal of Environmental Management & Tourism, 11(8).
Hong, J., 2018. Rise of the sharing economy and the future of travel and
tourism industry. Journal of Hotel and Business Management, 7(2), pp.2169-
0286.
Kajzar, P., Kostková, M. and Pellešová, P., 2020. Results of Questionnaire
Survey among Selected Tourism Enterprises and Their Reflection on Trends
in Tourism in the Moravian-Silesian Region. Journal of Environmental
Management & Tourism, 11(2 (42)), pp.236-249.
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