For developing countries, the tourism industry has an enormous contribution to the GDP, creation of jobs, exports, and creating new ventures. The key elements, however which are drivers to the growth of the industry are: Technology: There is a significant growth in the mode of reservations being done with the most significant change coming through the mode of mobility. Marketing and sales need to be aligned to be mobile friendly and provide a seamless user experience across all mediums. Other major technologies which are expected to play a major role in the near future are upcoming technologies like Internet of Things (IoT) and Wearables. Tailored packages: Travelers are constantly looking for customized or personalized packages, or offer beyond the traditional offerings.
As well known, Tourism has become one of the largest and fastest growing industries in the global economy. During the development of tourism, the tourism of Asia Pacific are influenced by political, technological, social, cultural and also economic impacts. Economic and social changes rise visitors mobility and tourism demand for goods and services. As technology is important role on defining characterizing as the second system of production and innovation, culture can help to increase the competitiveness of destinations. Political affection can be responsible for safety and tourism policy on tourism development.
Environmental Factors that impact the marketing exercise: Political Environment: 1.The stable democratic government currently under the leadership of visionary and tourism promoting narendra modi ensures stability for the tourism industry. Central cabinet also has a specific ministry of tourism with primal objective to device policies and implement strategies for the promotion of tourism industry in India. The recent government initiatives like “special tourism promoter’s officer’s scheme “and construction of infrastructure in tourist areas like the new airport at “kutch” shows government positive attitude towards the industry. 3. Every state in India has its own tourism department who try and promote their state in order to ensuring higher tourist inflow so as to generate greater revenues from the tourism industry .This competitiveness results in greater efficiency but has a harmful impact on the overall tourism industry.
According to the research, it has shown that tourism industry in Malaysia is important in economic and social development. Tourism industry is important in culture exchange which helps the combining of cultures and creates a better understanding among people from different regions and countries. It also important to promote Malaysia to the worlds and attract more foreign tourists travel in Malaysia. Increment of foreign tourism travel in Malaysia will increase the nation income, increase the job opportunities and help other industries to grow together. Tourism industry is also important to increase GDP.
Entertainment industry refers to the sector that provides fun activities and leisure time to customers. It’s a very massive sector, and it is growing domestically and globally in the recent years. There are many external factors that may influence the industry positively or negatively. Political and economic instability in the recent years may be problematic for many projects. In addition, firms should consider the changing in the customer’s tastes and demands, and should offer new products with innovative ideas that meets with their needs.
Tourism has now become a significant contributor to our economic prosperity by its contribution to Malaysia Gross Domestic Profit (GDP). It plays important roles in the socio-economic development of our country. The Ministry of Tourism and Culture has actively promoted both domestic and international tourism. The rising significance of tourism industry in terms of its arrivals and receipts has encouraged the government to take several steps time to time for the development of tourism industry. Many national tourism policies are drafted and actions plans are adopted in this regard.
Indeed, realizing the role of resources use efficiency in sustainable tourism and taking corresponding actions can be essential in increasing profit earning and government revenue within the local community. And more importantly, for the prosperity of all destinations worldwide in the long run. This essay will be divided into three parts. First, the author will briefly introduce sustainable tourism, as well as effective utilization of resources, both daily supplies during traveling and tourism resources in the local community. Second, followed by an analysis of the relationship between resources use efficiency and sustainable tourism, so as to shed some light for decision formulation within the local government.
Importance of technology for tourism industry In the essay the author will see the impact of technology on tourism industry. The owners and managers of tourism destinations are continuously doing new technological innovations to attract the new customers. Technological has a positive impact on the business in this era of globalization. The materials used in this document will be secondary data. The secondary data consists of journal articles, webpages, previous research, presentations etc.
Tourism is to a great extent dependent on the range and type of infrastructure available at the destination. Infrastructure is a core area of the tourism industry and plays a distinctive role in the development of this ever-expanding industry. Several countries have recognised the significance of Infrastructure in relation to tourism industry and their governments have coordinated their activities with the tourism industry by providing tourism specific infrastructural facilities. Infrastructure is the key to develop a successful tourism destination. Tourism industry stimulates investments in new infrastructure, most of which improves the living conditions of local residents as well as tourists.
To assess the impact of tourism Industry on India’s economy and challenges in the development of tourism industry in India vis a vis UNWTO vision 2020. 2. To observe tourism as a growing industry in terms of earning revenue, foreign exchange and providing employment opportunities in India. 3. To determine the share of Indian Tourism Industry vis a vis the rest of the World and especially the Asian and Pacific region.