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Complete Overview of the 5 Sectors in the Tourism Industry
The tourism industry is one of the most dynamic landscapes. That’s primarily because it consists of several unique sectors. Each one of these sectors goes through comprehensive changes and is subject to many factors. Nevertheless, understanding these sectors is quite essential! Why? Because it can help you make informed business decisions, identify valuable growth opportunities, […]
All About the 5 Top Travel Agencies in China
One of today’s largest travel markets was practically nonexistent between 1949 and the 1970s. Yes, the Chinese travel market didn’t exist because the People’s Republic was entirely closed to travelers until the late 1970s. However, it’s not the only thing that makes this market exciting and inviting for a closer look. In 2012, China became […]
Everything You Should Know About World Tourism Day
The tourism sector is one of the most diverse verticals when it comes to events. There are dozens of events that attract hundreds of tourism brands and thousands of travelers worldwide. Each of these events has a unique theme, successfully addressing emerging trends in the sector year after year. However, there is one event that […]
Regenerative Tourism 101: What it is, Examples, Implementation, & More
Regenerative tourism is not a brand-new concept in the tourism industry. It’s a powerful force bound to transform traditional tourism and replace obsolete practices that mainly aims to replace exploitative and wasteful practices. With this in mind, it’s easy to outline the importance of regenerative tourism in the current global context. It doesn’t only help […]
Ecotourism 101: Ecotourism Examples, Definition & Best Practices
If you are closely keeping tabs on the travel industry, you probably know it’s one of the most dynamic landscapes. The chances are that this phenomenon results from how agile businesses in the sector are. In other words, the tourism industry’s products and services always reflect the most recent consumer needs and expectations. One of […]
Unveiling How Tourism Benefits and Empowers the Local Community
The tourism industry is a vertical with one of the most comprehensive impacts on economic and social landscapes. That’s precisely what makes it essential for macro- and micro-economies. Tourism can help generate additional revenue streams for local communities enabling locals to kickstart new businesses, rebuild and restore structures, and attract more tourists. If you want […]
The Economic Impact of Tourism: What You Need to Know
Tourism encompasses much more than just leisurely vacations and exploring far-off destinations. In fact, this vast industry plays a significant role in keeping the world economy thriving. When the world shut down due to the COVID-19 pandemic, we saw its devastating effects on the tourism industry. Airports were shut down, hotels were left empty, and […]
Understanding Google Travel Insights: A Comprehensive Overview
Businesses in the travel industry rely increasingly on actionable insights to make better-informed decisions. Google/Bain found that “47% of people surveyed say they didn’t make a booking online when they intended to because it didn’t meet their needs.” Insights about travel can shed light on the motivation and process behind booking trips, as the path […]
3 Tourism Entrepreneur Examples To Inspire Your Goals
Tourism entrepreneurship refers to individuals or businesses developing numerous business activities, from activities and entertainment to accommodation and transport. Tourism entrepreneurship, as such, has a vital role in supporting the growth of the entire sector. Recent research has found that it can not only eliminate societal problems but also facilitate a country’s development and fiscal […]
The 46 Most Important Travel Industry Events for 2023
The hospitality industry and its sister industry, the trade industry, are among the most dynamic sectors when it comes to events and trade shows. Simply put, your calendar is not big enough to fit the sheer number of travel trade shows that take place around the globe. How do you decide which ones are worth […]
Travel Trends for 2023 that People in the Industry Need to Know
Given that the tourism industry is one of the most dynamic verticals, it’s becoming increasingly hard to know what’s coming next. Every year unveils new trends. Whether it’s corporate travel, tourism marketing, or tech, trends keep emerging almost regularly. Identifying all the relevant trends can be daunting if you try to do it manually on […]
What is Industrial Tourism: Definition, Stats, Benefits & Real-Life Examples
The travel sector is one of the most diverse industries out there. With so many moving pieces on the board, it’s hard to stay on top of all developments and make informed business decisions. Industrial tourism is one of the newest additions to the large family of tourism types. It is one of the growing […]
Have you ever heard the term Fully Independent Traveler (FIT)?
Most people see emerging technologies as the number one factor that keeps transforming the tourism industry. While this is true, another important piece of the industry’s transformation puzzle is the travelers themselves. The needs of travelers are constantly shifting, and brand-new traveler segments emerge on a regular basis. One of these segments is fully independent […]
What is Educational Tourism: Stats, Benefits, Examples & More
The global tourism industry is very diverse. With the number of different types of tourism and the number of ways travelers interact with tour packages increasing, it can be pretty hard to keep track of each travel sector’s subdomain. On the other hand, getting insights from a particular travel sector subdomain can help you make […]
What Does Social Tourism Mean and How it is Redefining Travel?
The tourism industry offers an abundance of benefits. It encourages economic growth, creates jobs, and brings massive amounts of revenue to some of the most popular tourism destinations. However, it’s not always beneficial directly to the local communities, and it’s not always accessible to all. On average, from every $100 spent by travelers in developing […]
22 Types of Travel Agencies Based on 4 Key Criteria
The best way to understand the intricate design of the tourism industry is to observe the businesses that operate within it. Travel agencies are the cogs that keep travel machinery moving forward. However, not all travel agencies operate in the same way. Plus, these businesses often tend to go through operational and managerial changes driven […]
What Are the 5 A’s of Tourism?
The 5 A’s of tourism regularly pop up in the blogs and articles addressing various tourism and hospitality topics. However, the 5 A’s are often used in context, leaving you with nothing but your common sense to guess what it stands for. If you want to improve the image of your travel agency and keep […]
What is Destination Management and Why is it Important
Destination management plays a vital role in helping organizations in the travel and tourism industry achieve their goals. It can unlock many benefits, such as delighting the travelers so they return to the destination, increasing revenue, and building a sustainable plan for the future. However, the term destination management still escapes many people. Given how […]
The different types of Tourism according to Cohen, UNWTO, motivation and type
The Tourism industry has a direct impact on the global economy. In 2019 alone, 1.4 billion international arrivals were recorded, which is equivalent to one-fifth of the world’s population. Due to the number of components that play an active role in tourism, there are an infinite number of criteria that can be used to classify […]
12 Must-Read Books About the Tourism Industry
With hundreds of books about the tourism industry, you might find it hard to decide which one to read next. The tourism industry books cover a wide variety of topics. The best way to find an interesting read is to choose one that addresses the topic that you find interesting. To help you, we put […]
Top 35 Travel Industry Leaders to Get Inspired by Mize
Although 2020 wasn’t favorable for the travel industry, the disruptions were only temporary, and things are slowly getting back on track. According to Statista, the Travel & Tourism market is projected to reach US$927,30bn in revenue in 2024. While many factors have contributed to this quick return to normal, it wouldn’t have been possible without […]
The latest 2022 Traveler trends or… How Much Are We Willing to Travel?
The worldwide pandemic has definitely changed the way we travel. At one point, it even seemed that it was going to last forever. If you had the chance to travel during the last two years, you probably know how it went from joy to hassle. Keeping tabs on all the restrictions, going through Covid controls, […]
Watch Out These 31 Travel Industry Events for 2022
Running a successful operation in any of the sub-sectors of the tourism industry translates into staying tuned into the latest trends and technologies. The best way to do it is to attend travel industry events. It will help you discover the trends and the best tech to use and help you with your selling efforts, […]
Gen Z Travelers: How Their Travel Behavior Compares to Millennial’s
Organizations in the travel and hospitality sectors often run market analyses to learn what their target audience needs and wants are. One of the key initiatives is demographic segmentation and trying to discover how each of the segments behaves. Gen Z travelers make one of the most significant demographic segments today. Discovering and understanding their […]
What are Travel Intermediaries? This is Their Role in the Tourism Industry
Travel intermediaries are some of the most critical agents in the tourism distribution channel. Thanks to tourism intermediation, among other factors, the travel and tourism industry is one of the fastest-growing industries worldwide. It’s also one of the most resilient industries. Although it took a massive hit due to COVID-19 travel restrictions, which made its […]
Most Important Travel Industry Publications To Follow as a Travel Professional
As a travel industry professional, it can be difficult to stay ahead of the pack and beat your competition. In some moments, it’s even difficult to stay up to date with current trends and not to mention coming up with something innovative. And yet, to thrive within the travel industry, you have to stay in […]
6 Ways To Stand Out Among Competitors in the Travel Industry
The COVID-19 pandemic has put the travel industry on hold. In the years before 2020, the industry was growing at a rapid pace globally. But with all the restrictions and travel bans, the whole industry suffered terrible losses. The good news is that the whole industry is taking this time to perfect their services and […]
7 Mandatory Online Travel Booking Statistics
Due to the coronavirus pandemic, the need to travel is more prominent in people across the globe now more than ever. As a species, we have a knack for things we can’t do, and once this whole thing blows over and the borders are open, it’s safe to assume that people will be traveling like […]
Quantifying Travel: How Many People Travel a Year?
Travelling is fun. Humans have been travelling ever since the dawn of civilization. These days, with so many vibrant cultures, gorgeous sights, and excellent food available worldwide, people can’t seem to get enough of travelling. Travelling itself has also become far, far cheaper than it used to be. While in the past, it took thousands […]
Tech Partnerships Are Shaping the Future of Travel
The travel and tourism industry has been going through many changes for more than a year now. The COVID-19 pandemic has hit the brakes on most travel, causing numerous online travel agencies (OTAs) and destination management companies (DMCs) to cease operations indefinitely. Fortunately, the travel industry is one of those that are certain to bounce […]
11 Best Travel Industry Podcasts to Follow
Listening to a travel industry podcast can be a very interesting and insightful experience. You can get the latest scoop on travel industry trends, learn useful business tips and tricks from industry experts, and discover new strategies for boosting profit. If you’re looking for the best travel industry podcast to follow, we highly recommend you […]
5 Travel Industry Facts You Need to Know in 2024
Travel is one of the most dynamic industries. There are many moving pieces of the travel industry puzzle, and each one affects its expansion, growth rate, and revenue. All these factors, such as supply and demand, availability of transportation, economy, and travel tech, are subject to changes. It makes tracking and learning travel industry statistics […]
Travel Trends by Age Demographic: Age as the Key Factor in Tourism
As the travel and tourism industry keeps growing, travel trends keep changing. The switch to online solutions brought about one of the most significant changes in terms of booking. More and more people book their vacations with online travel agencies, as it’s easier, faster, and more convenient. However, most of the latest travel trends have […]
Millennials’ Travel Statistics; How do They Travel?
As a travel agent or tour operator, it’s important that you have a clear idea about who your target customers are. Your business model and marketing approach will differ depending on whether you appeal to a broad range of customers or whether you focus on a particular travel niche or age group. Where do your […]
6 Key Travel Industry Growth Statistics
The travel and tourism industry is undeniably one of the biggest success stories of the last 75 years. While the world has undergone huge changes since the end of the Second World War and many industrial sectors have experienced turmoil and decline, travel and tourism have enjoyed remarkable growth. This article presents a selection of […]
Unlocking the Potential of the Chinese Travel Market
Eric Zhuang is the Chief Strategy Officer of Dida Travel, a bed bank based in China with around 23,000 clients all around the world. As a technology-driven company, they work to improve the world in innovative ways. Eric has shared with us an exclusive insight into the travel industry, and we are pleased to now […]
Top 3 Types of Travelers That Use Travel Agencies
There are an abundance of reasons why people travel. What motivates one person to schedule a trip may be completely different from what drives another traveler to embark on the same journey. However, most people would agree that the less stress that goes into traveling, the better. Travel agencies, online travel agencies (OTAs) and tour […]
5 TRAVEL COMPANIES YOU NEED TO KNOW IN THE ASIAN MARKET
The Asian market has been known for dominating the travel industry, and this reputation is not changing any time soon. Travel in Asia is only expected to grow and thrive more in the upcoming years. If we take a look at the travel industry facts we can clearly see some greater development down the road. Asia […]
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