MGBBT1TEN: Group Presentation on Tourism Environment and Industry

This presentation provides an overview of the emerging trends in the 21st-century tourism industry, focusing on the shift from global to local experiences, solo aesthetic traveling, AI-powered tourism, and eco-travel. It delves into how these trends shape decision-making in the tourism sector, including transformative tourism, solo travel choices, automation, and sustainable wellness travel. The presentation also discusses the impact of safety and hygiene trends, contactless payments, and virtual reality on the industry. Furthermore, it evaluates the economic, social, and environmental costs and benefits associated with these trends, such as GDP growth, cultural preservation, pollution, and resource utilization. The presentation concludes by emphasizing the continuous growth potential of the tourism industry with the rise of these trends and their comprehensive effects on the economy, society, and culture.

TOURISM ENVIRONMENT
INDUSTRY

INTRODUCTION
 Emerging 21st century global trends
 Decision-making for tourism development
 Global competitiveness
 Factors: Pros and cons
 Conclusion & recommendation

21st CENTURY GLOBAL TRENDS IN
TOURISM INDUSTRY
There are several trends that revolve around this industrial sector.
These are:
 Shift from global to local
 Solo aesthetic travelling
 Ai-powered tourism
 Eco travel

TOURISM TRENDS AND DECISION-
MAKING
The various discussed trends in the tourism industry shape the
decision-making process in several ways such as:
 Transformative tourism – global to local
 Decision of consumers to travel alone
 Automated travel industry
 Sustainable-wellness travel

Changes in global trends affect the businesses in tourism industry
Safety and the Hygiene trends-
 The safety requirements after covid-19 has been in trend and it affects tourism industry to be more conscious about safety
requirements of the consumer.
 The visitors view has changed dynamics in the industry,
 The hygiene trend induces people to travel to clean and hygiene places.
Contactless payments-
 The one more trend in the tourism industry is the contactless payments which helped tourism industry as people travel lot with
easy access to payment.
 Google Pay and Apply pay is the new thing in the market. Tourism industry has positive impact because of the contactless
payment system.
Virtual Reality and tourism trends-
 This trend is disrupting the industry because VR trends allows the consumer experience through VR headset online.
 VR headsets enables consumer to visit and experience hotel interiors, tourist attraction and the restaurant interiors easily from
the home.
 But somewhere VR also advertise the tourism destination place to encourage the journey of the travellers.

The cost and benefits of these factors on the
economy, society and the environment
 These trends had both the advantages and disadvantages on the economy,
society and the environment and that are as follows-
 The economy advantages of the global raising trends are as follows-
 GDP is increasing.
 High profitability to the industry.
 Economy disadvantages of the global raising trends are as follows-
 Over reliance on the tourism industry.
 Low quality employment.

 The social advantages are as follows-
 Preserving culture and the heritage.
 Commercialization of the art and culture
 The social advantages because of the raising trends are as follows-
 The social disadvantages because of the raising trends are as follows-
 Culture clashes and the exploration of the culture.
 Community stress

 The environment advantage because of the raising tourism are as follows-
 Protection of the environment.
 Safe and secure places.
 The environment disadvantage because of the raising tourism are as follows-
 Pollution because of the heavy traffic in country.
 Increased use of natural resource impacting the culture of the country.

CONCLUSION
 From the above report is has been seen that the different trends are
emerging in the tourism industry today as this trends keep on
increasing the tourism industry will grow in higher level. Further,
these report has also discussed the impacts of the raising trends on
the industry and the cost and benefits of these factors on the
economy, social and the culture of the country.

REFERENCES
Books and Journals
 Nikazachenko, A.L., and et.al., 2018. Modern approaches to assess tourism industry-related environment. Journal of Environmental
Management & Tourism. 9(2 (26)). pp.298-303.
 Schimperna, F., Lombardi, R. and Belyaeva, Z., 2020. Technological transformation, culinary tourism and stakeholder engagement:
Emerging trends from a systematic literature review. Journal of Place Management and Development.
 Saarinen, J., 2021. Is being responsible sustainable in tourism? Connections and critical differences. Sustainability. 13(12). p.6599.
 Khan, N., and et.al.., 2020. Factors affecting tourism industry and its impacts on global economy of the world. Available at SSRN
3559353.
 Biryukov, V.A., and et.al., 2019. Formation of a tourism entrepreneurial environment in the conditions of competition. Journal of
Environmental Management & Tourism. 10(8 (40)). pp.1779-1784.
 Khidirova, G., 2018. The importance of the region's socio-economic potential of the tourism market. Asian Journal of Multidimensional
Research (AJMR). 7(11). pp.160-168.
 Jonas, L.C., 2022. Solo Tourism: A Great Excuse to Practice Social Distancing.
 Ratliff, J. and Kunz, M.B., 2020. Key Components of Tourism Destination Development. Journal of Marketing Development and
Competitiveness. 14(1). pp.48-56.
 Ghalia, T., and et.al.., 2019. Institutional quality, political risk and tourism. Tourism Management Perspectives. 32. p.100576.