Comprehensive Analysis of the Tourism Industry: Trends and Impacts

This report provides an analysis of the tourism industry, focusing on adventure tourism and key players like Topdeck. It begins with a SWOT analysis of the industry, examining its strengths, weaknesses, opportunities, and threats. The report then delves into the economic impact of tourism, including its contribution to global GDP and the effects of leakage. It explores various adventure tourism destinations and discusses the customer profile, highlighting the preferences of the young age group. The report also identifies future trends, such as the projected growth in adventure tourism and the importance of remote destinations and physical activities like paragliding and rafting. Finally, the report mentions specific destinations like Australia and Costa Rica, emphasizing their appeal to adventure tourists. The report uses various references to support its findings.

Understanding the World of Tourism
The Key Provider of
Tourism – Topdeck
In UK, London Topdeck travel is
providing adventure tourism
globally to young age group. Skroo
Turner and his friends bought a
double-decker bus namely Bristol
Lodekka in London and convert it
to a camper van where passengers
can sleep in bus. In 1975, they
started a trip from London to
Sydney via Kathmandu to hit the
overland trail. The elderly Lodekkas
started to retire in early 1990s in
large numbers (Hebbert, 2018).
Top best destinations for Adventure Travels across the countries
were:
Australia which have more than 30,000 miles of spectacular
coastline. Adventure includes Scuba diving off Lady Elliot
Islands, swimming under waterfalls in The Kimberley.
Argentina which have snow-topped mountain peaks, Turquoise
lakes. Adventures to try Fly- fishing in Patagonia, riding horses
on estancias.
Costa Rica is just 19,730 square miles, it's simply point in any
directions to find a new adventure (Ketter and Avraham , 2021).
Destinations of
Adventure Tourism
Destinations of
Adventure Tourism
Adventure tourism is a type of
tourism which engage activities
such as trekking, climbing,
rafting, scuba diving and many
more. Activities include both
Hard Adventure and Soft
Adventure activities. Hard
Adventure activities are highly
risky and dangerous activities.
It includes activities like
Caving, Mountain Climbing,
Rock Climbing, Trekking,
Skydiving, Ice Climbing (João
and et.al., 2018).
Customer profile in Adventure
Tourism includes the young age
group, as they love adventures in life
and were more excited for
adventurous tour. Their will be an annual growth of 10.7 percent in
2030 in Adventure Tourism. Global tourism is
known for exploring destinations remotely and
participating physically in activities like paragliding,
river rafting, sand boarding. It is estimated that it
will grow to $ 2.02 billion. The biggest destination
for adventures tourism will be North America for the
destinations like national parks, which attracts
global tourists.
Customer
Profile Future Trends of Adventure
Tourism
Strength- Strength of tourism Industry are
its Cultural Legacy. Cultural legacy
encourage the development in respect of
one's history.
Weakness- The quality of a destination
declines as many people visit a particular
location during the seasons.
Opportunities- Attractions are significant
parts of tourism as it attracts visitors.
Opportunities- Attractions are significant
parts of tourism as it attracts visitors.
SWOT Analysis of
Tourism Industry
The leakage is the way
in which income is
generated by tourism
effects in the loss of
other country's
economics.
The tourism industry provide
economic benefits to both host
countries and tourists' home
country. In 2000, 698 million
people travelled to a foreign
country, spending more than US
478 billion $.
- The Travel and tourism suffers a
loss of US$4.9 trillion in 2020,
and the Industry increased its
contribution to GDP by US$1
trillion. While in 2019 it only
contributes up-to 10.3% to global
GDP. It contributes 5.8 billion US
dollars in 2021.
Economic Impact on Tourism
Positive Economic Impact
Leakage effects
Baggio, R., Micera, R. and Del Chiappa, G., 2020. Smart tourism destinations: a critical reflection. Journal of Hospitality and Tourism Technology.
Bunghez, C.L., 2021. The emerging trend of niche tourism: Impact analysis. Journal of Marketing Research and Case Studies. pp.1-9.
References