#1 What are some current trends in recreation, travel, and tourism? What is the influence of these trends on the economic business cycle? Why is this information useful to a hospitality manager?
#2 What effect has globalization had on the hospitality industry? Provide three examples of hospitality organizations that have global operations. What are some of the cultural considerations for these organizations?
1. What are some current trends in recreation, travel, and tourism? What is the influence of these trends on the economic business cycle? Why is this information useful to a hospitality manager?
The fast-changing world of business influences economic business cycles in different type of industries. Thus, recreation, travel and tourism businesses must be susceptible to the changes and adopt necessary methods and business styles in order to be competitive and survive. The changes are bringing innovations to maximum level which in return lure people and encourage then to try these innovations. In the world of recreation for example, the old style would just be a simple tour for clients, now the tourism business will put some X factor to the regular tour by including extreme games and adventures in the regular itinerary. The Amazing race is actually the best example for the current trends in travel which actually made a lot of influence to the travel and tourism industries. People likes adventure with a little of ...
The following problem helps with hospitality management questions. Concepts covered include current trends in reaction, travel and tourism and the effect of globalization.