Impact of Current Events and Trends on Tourism

Topics: Tourism, Decision making, Decision theory Pages: 2 (511 words) Published: January 25, 2013
Impact of Current Events and Trends on Tourism
Threats of terrorism, pandemic outbreaks, natural calamities and, finally, pesky security checks notwithstanding, the international tourism industry is booming. Tourism has become a key economic driver globally, and is one of the main sources of income for many developing countries today. The global crisis that shook 2008 to the core (and continues to do so) has impact in industries across the board. One of the most affected fields is tourism as it’s an elected excess and not a necessity. A recently released research by the Tourism Journalist’s Association shows that people will be more cautious in spending for leisure travels and will engage in more meaningful, rather than extravagant, vacations. The tourism industry has matured significantly in recent years and is displaying a new willingness to share information and co-operate. The result: A different type of growth, one that is more moderate, more solid and more responsible. Many of the crisis events that affect tourism have been occurring for millennia. The global financial and economic downturn that affected tourism from 2007 through to 2010and beyond has cast substantial attention to the role that crisis events play in tourism. These concerns have only been exacerbated by natural disasters. The potential affect of crisis events on international tourism is likely to increase both in size and frequency as tourism becomes increasingly hypermobile and the global economy even more interconnected. The impact of technology and the competitive factors on tourism were among the interesting trends.

Technology is a driving force of change that presents opportunities for greater efficiencies and integration for improved guest services. Technology has become a tourism business activity in development of strategic resources and is considered as a tool to increase competitiveness. Effective use of information technology can make significant operational...
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