current trends and issues in the tourism and hospitality industry pdf Friday, May 28, 2021 8:34:18 AM

Current Trends And Issues In The Tourism And Hospitality Industry Pdf

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The only way to see continued success is to prepare for these inevitable changes. For a look at the trends affecting the industry right now, check out our free event trend report. As of , Millennials have officially overtaken Baby Boomers in the U.

Top 10 Trends Impacting the Hospitality Industry

Industries are continually disrupted by new trends and new innovations, and the tourism industry is no exception to this. Keeping pace with these emerging tourism trends can help businesses to stay competitive and cater to the needs of customers. Nevertheless, with COVID as a backdrop, some of these needs have evolved, priorities have shifted, and entirely new requirements have emerged. Read on to learn much more about the key trends within tourism for Whatever aspect of the tourism sector your business is involved in, you need to keep your finger on the pulse. Formerly beloved concepts and products go out of style, to be replaced by more modern elements that end up capturing more of the market. New destinations, new technologies and means of transport have caused major shifts in the industry.

Current trends in the hospitality industry 2020

Between April and May, planes stayed grounded, hotels closed, and restaurants worked as ghost-kitchens to provide take-outs. And just when things were starting to pick up again, a second wave hit and we entered lockdown 2. There is simply no way around it: COVID will continue to shape the future of the hospitality sector. But below the big, dark cloud of the pandemic, what specific trends and challenges will hospitality meet in ? Since we underestimated the time it would take to develop a vaccine or an effective course of treatment for the disease, the industry now faces some of the worst-case scenarios predicted in March. Apart from travel safety concerns, the impending economic crisis will also have a heavy impact. A study by Deloitte Canada yielded conclusions that potentially translate to every market.

Issues, Challenges, and Trends, that Facing Hospitality Industry

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Top 10 Trends Impacting the Hospitality Industry

Tourism Trends: The Latest Opportunities for The Tourism Industry

COVID outbreak has presented unprecedented circumstances before the fragile tourism and hospitality industry. The highly infectious novel coronavirus continues to thwart the sector and raises serious questions about the present and future survival of the sector. The research addresses two important concerns, first, pertains to the major challenges that hospitality and tourism industry faces amid current conditions; and second relates to the vital learnings for the industry. The study draws on the interviews with 15 participants in senior positions in hospitality industry, and tourism and hospitality education services.

Start planning now for ! The Hotel Show, which stages business to business events for the hospitality industry, has identified what it believes to be the Top 10 trends impacting the hospitality industry in In advance of the Independent Hotel Show, the authors named professionalization or leveling up of hotel management—including an increase in the number of women in senior roles and streamlined technology solutions—as a major trend. Hotels will want to please them with easy check-in and gourmet dining experiences at reasonable prices.

Early Retirement -at present, many workers retire at earlier age than was the case in previous year. Longer Life Span -the average individual can now expect to live beyond the age of 70 and many will live longer. Shorter Work Week -in the past, the six day workweek was the standard for most working people. At the present, the five day workweek is standard and the four day workweek is becoming common leaving several days for other activities. Great Disposable Income -the average family has more money to spend than before. This is due to higher wages and two-earner households.

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What are the latest trends in the hospitality industry? Well, it goes without saying that the coronavirus outbreak and ensuing safety measures have had a significant impact on hospitality throughout and will no doubt spill over into and beyond. EHL Insights presents to you current trends in the hospitality industry. Some vacationers may also be choosing to stay closer to home for environmental or budgeting reasons, with this year having seen a marked uptick in holidays spent more locally. Apps, in particular, are increasingly important in the way hoteliers manage the services they provide to their customers and can now control many aspects of the guest cycle and experience. Needless to say, the trend towards digital and contactless services has gained new momentum in Traditionally customer-facing services are being given an overhaul, thanks to the more widespread use of technology-assisted options, such as mobile check-in, contactless payments, voice control and biometrics.

The hospitality industry is competitive, and businesses need to keep up with the latest hospitality trends to avoid being left behind. Additionally, keeping pace with the industry as a whole is a great way to ensure your business delivers the kind of customer experience people want and expect. The hospitality industry is diverse and includes everything from hotels and other accommodation types, through to restaurants, bars, travel agents and tour operators. Adopting the latest hospitality trends in response to the changing behaviour of customers, due to the corona pandemic, is essential. Still, most trends are emerged out of more general changes in consumer behaviour. Below, you can see a rundown of both general hospitality trends, along with trends that act as a reaction to the coronavirus pandemic and related changes in customer behaviour. There are a number of hospitality trends that can be broadly described as being related to safety and hygiene and these have become especially important with the emergence of COVID, as the world adjusts to the virus and efforts to contain the spread.

Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. If you continue browsing the site, you agree to the use of cookies on this website. See our User Agreement and Privacy Policy. See our Privacy Policy and User Agreement for details. Published on Sep 3, This presentation covers 1 Social impact of tourism; 2 Effects of globalization on tourism development; 3 Sex tourism and exploitation of women; and 4 Trends and issues shaping tourism and hospitality development.

Start planning now for ! The Hotel Show, which stages business to business events for the hospitality industry, has identified what it believes to be the Top 10 trends impacting the hospitality industry in In advance of the Independent Hotel Show, the authors named professionalization or leveling up of hotel management—including an increase in the number of women in senior roles and streamlined technology solutions—as a major trend. Hotels will want to please them with easy check-in and gourmet dining experiences at reasonable prices.

Our mobile devices along with the media giant conglomerates like Netflix and Amazon changed the way we consume media content forever and while some industries are postponing the inevitable, the hospitality technology trends will quickly need to adapt in order to stay relevant. We can already see some new ideas emerging and colliding with trends in tourism and hospitality industry as we move towards interactive future. We can soon expect to see more hospitality technology trends leveraging a variety of smart technology to reduce operational cost and to improve guest experience, while also taking advantage of new sources of revenue streams.

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Hospitality Trends and Challenges for 2021

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