Current Trends in Tourism and Hospitality Industry

Current Trends in Tourism and Hospitality Industry

Author: Johanna Muller

Publisher:

Published: 2019-06-26

Total Pages: 198

ISBN-13: 9781682856475

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Tourism is the theory and practice of attracting, accommodating and entertaining tourists. Tourism is a vital source of income for many regions and countries. It can be both domestic and international. It benefits the sectors of transportation, hospitality and entertainment. Various domains in tourism are winter tourism, mass tourism and niche tourism. Modern tourism also explores the areas of ecotourism, pro-poor tourism, medical tourism, event tourism, dark tourism, creative tourism, etc. The development of low-cost airlines and jumbo jets is making tourism more affordable. The hospitality industry is a crucial aspect of tourism, which includes lodging, transportation, event planning, etc. It also involves the provision of accommodation in hotels, motels, inns, flotels, resorts, etc. This book includes some of the vital pieces of work being conducted across the world, on various topics related to tourism and hospitality industry. It provides significant information of this area to help develop a good understanding of these domains and related fields. Students, researchers, experts and all associated with tourism and hospitality will benefit alike from this book.


Global Trends, Practices, and Challenges in Contemporary Tourism and Hospitality Management

Global Trends, Practices, and Challenges in Contemporary Tourism and Hospitality Management

Author: Batabyal, Debasish

Publisher: IGI Global

Published: 2019-04-05

Total Pages: 318

ISBN-13: 1522584951

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As one of the largest service industries serving millions of international and domestic individuals yearly, it is important to understand the current trends, practices, and challenges surrounding tourism. Emphasized by the effects on people, management processes, and technological advancements, this economic and socio-cultural phenomenon’s importance is increasing worldwide. Global Trends, Practices, and Challenges in Contemporary Tourism and Hospitality Management discusses and analyzes the impacts of new trends in the tourism industry, including sub-sectors of tourism, and revisits existing trends, identifies new types and forms of tourism, and discusses the influence and use of technology. Featuring research on topics such as guest retention, predictive analysis, and ecotourism practices, the material collected is ideally designed for managers, travel agents, industry professionals, practitioners, consultants, and researchers.


Current Issues in Hospitality and Tourism

Current Issues in Hospitality and Tourism

Author: A. Zainal

Publisher: CRC Press

Published: 2012-08-22

Total Pages: 666

ISBN-13: 0203075366

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Globally the hospitality and tourism industry is evolving and undergoing radical changes. The past practices are now advancing through the rapid development of knowledge and skills acquired to adapt and create innovations in various ways. Hence, it is imperative that we have an understanding of the present issues so that we are able to remedy probl


Emerging Transformations in Tourism and Hospitality

Emerging Transformations in Tourism and Hospitality

Author: Anna Farmaki

Publisher: Taylor & Francis

Published: 2021-12-19

Total Pages: 257

ISBN-13: 1000519104

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This significant and timely book critically discusses the effects of emerging trends and shifting dynamics on the tourism and hospitality industry at local, regional, national, and international levels in a holistic manner. This book offers a multi-disciplinary and inter-disciplinary approach and examines emerging topics such as technology and disruptive economies as well as the Covid-19 pandemic that are likely to change the future of the industry, either positively or negatively. The book thus advances the knowledge surrounding emergent controversies pertaining to tourism and hospitality including the growth of alternative business models (e.g., sharing economy business models), travel in light of climate change, and human resource ethics given the increasing adoption of artificial intelligence (AI), data, and algorithms. Offering a platform for the critical discussion of pertinent transformations and, as such, providing theoretical and practical insights, this book will be of great value to destination planners, policymakers, industry practitioners, educators, and upper-level students of tourism and hospitality.


Global Entrepreneurial Trends in the Tourism and Hospitality Industry

Global Entrepreneurial Trends in the Tourism and Hospitality Industry

Author: Batabyal, Debasish

Publisher: IGI Global

Published: 2020-03-13

Total Pages: 309

ISBN-13: 1799826058

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Tourism has been gaining importance in recent decades with its increasing socio-economic, geo-political, and ecological contributions, including its potential contribution to GDP, foreign exchange, and international business. At this juncture, an assessment and analysis of the scope, opportunities, and challenges of tourism and hospitality entrepreneurship is essential to the economic development of numerous countries. Global Entrepreneurial Trends in the Tourism and Hospitality Industry is a pivotal reference source that provides conceptualized ideas regarding the scope, prospects, and challenges of tourism and hospitality entrepreneurship. While highlighting topics such as destination tourism, multigenerational travel, and social entrepreneurship, this publication explores the relationship among tourism, hotel management, transportations, international trade, cargo and supply chain management, as well as the inter-linkages among various sectors and sub-sectors of the tourism industry. This book is ideally designed for entrepreneurs, directors, restaurateurs, travel agents, hotel management, industry professionals, academics, professors, and students.


The Hospitality and Tourism Industry in China

The Hospitality and Tourism Industry in China

Author: Jinlin Zhao

Publisher: CRC Press

Published: 2018-06-27

Total Pages: 319

ISBN-13: 135137656X

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Here is an insightful look into the great changes in the hospitality and tourism industry in China in recent years. The steady growth of the GDP in China, the increasing middle-income population, lifestyle changes of the Chinese people, and fast infrastructure development (speed trains, airports, highways, and seaports, linking many mega cities, mid-level cities, and townships) have all had a significant effect on the Chinese hospitality industry, which is booming in China. With much more money in their pockets, the Chinese are spending more than 60% of their disposable income on food and travel. International food and hotel chains have responded by increasing their presence in China, and in turn, new domestic restaurant and hotel chains have sprung up to compete for the business. With chapters by scholars from various universities in China and the United States, these issues and more are covered in this new volume. Readers will gain a true understanding of the current development of Chinese hospitality and tourism industry.


Modeling and New Trends in Tourism

Modeling and New Trends in Tourism

Author: Filipe Kostas

Publisher: Nova Science Publishers

Published: 2017

Total Pages: 0

ISBN-13: 9781634859202

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This book focuses on tourism sectors and models the latest trends in tourism activity while providing a new vision for contemporary tourism economy. Tourism is a sector confronting new challenges for advanced and developing economies. Despite global challenges, tourism continues to be a dynamic sector stimulating social and economic development. Moreover, many scientific challenges are identified in order to model and explain countries tourism sectors, regional and local conditions of tourism and territories sustainability. In addition, a set of models is provided in this book, contributing to a new vision for contemporary tourism economies, showing new tendencies in this sector and following a scientific approach concerning new policy design aimed at understanding and explaining a new philosophy carried out by governments in terms of the management of the tourism sector. On the other hand, the private sector of economic business opportunities considering the perspectives of tourism are also considered. This book serves as an excellent guide for agents either in public or private sector buildings on the associated scientific methodologies concerning their strategic planning. Therefore, the aim of the present book is to provide some contribution to the areas highlighted above.


The Hospitality and Tourism Industry in ASEAN and East Asian Destinations

The Hospitality and Tourism Industry in ASEAN and East Asian Destinations

Author: Jinlin Zhao

Publisher: CRC Press

Published: 2021-07-15

Total Pages: 229

ISBN-13: 1000164713

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This new volume addresses the growing interest to understand tourism and hospitality in Southeast and South Asia, two regions that have seen tremendous growth in international tourists in recent years. It explores the current development of hospitality and tourism industry in the regions of Hong Kong, Macao and Taiwan as well as other key countries in Southeast and South Asia. The Hospitality and Tourism Industry in ASEAN and East Asian Destinations: New Growth, Trends, and Developments provides updated findings and case studies that highlight opportunities and issues of tourism and hospitality development in ASEAN. Chapters cover such diverse topics as: Online marketing strategies Sustainable hospitality development Diversification efforts of the tourism industry Innovations in independent hotels Wildlife tourism in urban destinations The Vietnamese national park system Consumers’ positive and negative images of certain destinations Much more While academicians will benefit from the updated research findings summarized by the respected scholars, hospitality professionals will also find the book a valuable source of information as the chapters delve into the most recent topical and industry focused issues.


Operations Management in the Hospitality Industry

Operations Management in the Hospitality Industry

Author: Peter Szende

Publisher: Emerald Group Publishing

Published: 2021-06-10

Total Pages: 220

ISBN-13: 1838675434

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From restaurants to resorts, the hospitality industry demands strong operations management to delight guests, develop employees, and deliver financial returns. This introductory textbook provides students with fundamental techniques and tools to analyse and improve operational capabilities of any hospitality organization.


The Wallet Allocation Rule

The Wallet Allocation Rule

Author: Timothy L. Keiningham

Publisher: John Wiley & Sons

Published: 2015-02-02

Total Pages: 240

ISBN-13: 111903731X

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Customer Loyalty Isn't Enough—Grow Your Share of Wallet The Wallet Allocation Rule is a revolutionary, definitive guide for winning the battle for share of customers' hearts, minds, and wallets. Backed by rock-solid science published in the Harvard Business Review and MIT Sloan Management Review, this landmark book introduces a new and rigorously tested approach—the Wallet Allocation Rule—that is proven to link to the most important measure of customer loyalty: share of wallet. Companies currently spend billions of dollars each year measuring and managing metrics like customer satisfaction and Net Promoter Score (NPS) to improve customer loyalty. These metrics, however, have almost no correlation to share of wallet. As a result, the returns on investments designed to improve the customer experience are frequently near zero, even negative. With The Wallet Allocation Rule, managers finally have the missing link to business growth within their grasp—the ability to link their existing metrics to the share of spending that customers allocate to their brands. Learn why improving satisfaction (or NPS) does not improve share. Apply the Wallet Allocation Rule to discover what really drives customer spending. Uncover new metrics that really matter to achieve growth. By applying the Wallet Allocation Rule, managers get real insight into the money they currently get from their customers, the money available to be earned by them, and what it takes to get it. The Wallet Allocation Rule provides managers with a blueprint for sustainable long-term growth.