Detailed Report: Contemporary Travel and Tourism Industry Analysis

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Added on  2023/02/02

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This report provides an overview of the contemporary travel and tourism industry, examining its evolution, key milestones, and various elements. It explores the industry's impact on economic growth and development, highlighting changes in consumer needs, technology, and travel trends. The report discusses key milestones in the industry's development, including the evolution of travel purposes and transportation methods. It also identifies the direct and indirect elements of the tourism industry, such as transportation, accommodation, and informational services, and their interconnectedness in creating a positive tourist experience. Furthermore, the report defines and differentiates between inbound, outbound, and domestic tourism. It also provides a table comparing different types of accommodation, including star ratings, locations, prices, and languages spoken. In conclusion, the report emphasizes the rapid growth and economic benefits of the travel and tourism sector.
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The Contemporary
Travel and Tourism
Industry
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Table of Content
Introduction
Key milestones for development of travel and tourism
industry and shaping
Different elements of travel and tourism industry and creating
experience
Conclusion
References
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Introduction
Travel and tourism are very fast growing sector in country which
assists in increasing economic and gross domestic product of
nation. These sectors have undertaken changes at large scales
which acknowledge economic impacts and development of
tourism described in appropriate manner.
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Key milestones for development of travel
and tourism industry
Travel and tourism has shaped positively in terms of socio-
economic circumstances, product development and
innovation, development in technology and changing
consumer needs, fashion and expectation
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Key milestones for development of travel and tourism are as
follow:
Period Why people
travel/purpose Travel agent usual
distance of travel Any Destination
1600 Traveling was for religious
and enjoyment purpose. Transportation facility was
not available. In order to travel in
domestic city boats and
ships.
1800 In order to explore new
places. Transportation system was
introduced but it was less
used as it was much
expensive.
People visit in their own
countries.
1900
Travelling was done with
business and visiting
purpose.
Service related with travel
and tourism were
introduced
2000 In order to click pictures of
attractive places,
individual visit different
places.
Package was given by tour
operators.
2018 To spend quality and
leisure time Tourism organization
provide online packages to
visitors.
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Different elements of travel and tourism
industry
Travel and tourism are
competitive and dynamic
industry which requires
ability for adapting
customers’ changing needs,
want and desires. There are
mainly two elements which
plays an important role in
this sector namely direct and
indirect element
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All these elements are interconnected for creating better
experience to customers. Travel agent provides information for
destination as per their need and demand which help them for
choosing best place as per their target.
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Different sectors
TRANSPORTATION -
Visitor should be provided good
And affordable transportation
Facility.
Accommodation -Guest should be provided
With Good accommodation and
hotel facility as well as
Service
Entertainment
Services related with casinos,
social halls, sports helps in
Creating entertainment..
Informational
All information related with
Tour, facility and other should
Be given to them.
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An identification of key elements of the travel and tourism
industry and how they relate to create the tourist experience
identification of the key elements of the travel and tourism.
Inbound Tourism Outbound Tourism Domestic Tourism
It means resident of one
country travel within same
country.
It consist of activities in
which resident of one country
traveling to another country.
It involves resident of one
country traveling to that
country only.
Example People of UK
traveling to UK only.
FareHarbor is Inbound
operator.
Example People of UK
traveling to USA. High sun is
outbound operator.
Example people of UK
traveling to some part of UK.
Golden operator is domestic
operator.
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Key Elements of Tourism
Accommodation
Star of Hotels 5 star 03 star 2 star Motels
Locations London Italy London london
Name of
hotel
Mandarin
Oriental
Hyde Park
Grand Hotel
Aminta
Corbigoe
Hotel
Motel One
Newcastle
Price £300 per night
18,19th
December
£125 per night
18,19th
December
£50 per night
18,19th
December
£20 per night
18,19th
December
Language
spoken by
people
English,
French,
Japanese,
Arabic
English,
German,Roma
n
English,
French,
English,
Japanese
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Conclusion
It has been concluded from above mention presentation that
travel and tourism is fast growing industry and it provides the
benefits to an economy making of the country. In this given
report studied about the motivational model that helps in
decision consumers.
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References
Bærenholdt, J.O., Haldrup, M. and Urry, J., 2017. Performing
tourist places. Routledge.
Chen, H.J., Chen, P.J. and Okumus, F., 2013. The relationship
between travel constraints and destination image: A case study
of Brunei. Tourism Management. 35. pp.198-208.
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