Blockchain: Is it the future for the tourism and hospitality industry?

Recently, blockchain and cryptocurrencies have become topics of discussion in both research and industry. Iansiti and Lakhani perceive blockchain as a foundational technology rather than a disruptive one, since potentially new economic and social systems can be based on blockchain. Therefore, understanding blockchain and contemplating its impact on the tourism and hospitality industry is essential. The tourism and hospitality industry has to focus not on the technology itself but on how it can be used for the benefit of consumers and suppliers, while at the same time creating new tourism products or systems. The purpose of this study is to explore and identify use cases for blockchain for the tourism and hospitality industry. In addition, an outlook on potential future blockchain applications given the current COVID-19 pandemic is provided.

COVID-19: potential effects on Chinese citizens’ lifestyle and travel

Tourism Review ◽

10.1108/tr-03-2020-0110 ◽

2020 ◽

Vol ahead-of-print (ahead-of-print) ◽

Cited By ~ 33

Author(s):

Jun Wen ◽

Metin Kozak ◽

Shaohua Yang ◽

Fang Liu

Keyword(s):

Public Health ◽

Hospitality Industry ◽

Travel Behaviour ◽

Tourism Industry ◽

Consumption Patterns ◽

Content Type ◽

The Future ◽

Tourism And Hospitality ◽

Chinese Travellers

Purpose The 2019 novel coronavirus (COVID-19) outbreak is projected to have adverse consequences on the global tourism and hospitality industry. This paper aims to examine how the outbreak may alter Chinese tourists’ lifestyle choices, travel behaviour and tourism preferences in the short and long term. Design/methodology/approach This paper is based on the synthesis of news broadcasted by several media outlets to be supported by an overview of the related literature on tourism marketing, tourism management and tourist behaviour. The authors’ experiences investigating trends in tourism and hospitality at the local and international level have also contributed to the study. Findings This paper predicts that COVID-19 will likely affect Chinese travellers’ consumption patterns, such as the growing popularity of free and independent travel, luxury trips and health and wellness tourism. New forms of tourism including slow tourism and smart tourism may also drive future tourism activities. Such changes are likely to force businesses to reconsider their service designs and distribution channels. Research limitations/implications While Chinese and other potential visitors rethink how they travel, professionals, too, should reflect upon how to bring positive or negative changes to the tourism industry following this pandemic. Subsequent research should also consider how to mitigate the effects of similar public health crises in the future. Practical implications Recommendations for industry practitioners and policymakers focus on tailoring travel arrangements to tourists’ backgrounds. The suggestions may help to alleviate outbreak-related stress, offer travellers newly enriching experiences and partially mitigate the effects of COVID-19 on the tourism and hospitality industry. These recommendations can also apply more broadly to global tourist markets. Social implications The COVID-19 outbreak has already brought significant impacts to nearly every society and industry. Tourism scholars and practitioners should carefully consider this tragedy and how it may inform industry and social practices. This and other public health crises represent sterling opportunities to view the industry holistically in terms of its effects on the environment, climate and travellers themselves. Originality/value This paper presumably represents a frontier study, critically examining the possible impacts of COVID-19 on Chinese travellers’ consumption patterns and how the tourism and hospitality industry may respond to such changes in the future.

Cultorological Approach to Training of the Future Managers of Tourism in Precarpathia

Journal of Vasyl Stefanyk Precarpathian National University ◽

10.15330/jpnu.1.2-3.38-44 ◽

2014 ◽

Vol 1 (2-3) ◽

pp. 38-44

Author(s):

Marianna Chorna

Keyword(s):

Cultural Values ◽

Professional Training ◽

Hospitality Industry ◽

New Technologies ◽

Social Changes ◽

The Future ◽

National University ◽

Tourism And Hospitality ◽

The University

The article deals with the «culturological approach» to the professional training of futuremanagers of tourism in Precarpathia. As the Precarpathian region attracts thousands of touristsyear-round the demand of training qualified specialists in the sphere of tourism and hospitality isconstantly growing.Nowadays the question of a successful and perspectives career in tourism results in training anew standard professional, a specialist of many-sided knowledge,with the ability to fulfil tasksconcerning thinking over, making and realizing management decisions. In order to develop touristCarpathian region, the Precarpathian National University named after V.Stefanyk educates futureexperts in such specialities as "Tourism" and "Hospitality Industry".Involving youth in social cultural values and ideals, education contributes to maintaining socialorder and by providing realization of new technologies, scientific rethinking of existing knowledgeeducation promotes social changes, society development, i.e. education operates as an agent ofmoral regulation facilitating social integration.Different interpretations of the concept «culture» were studied. The conclusion that culture is amultiaspect and multifunctional notion was made.Cultorological approach in education provides effectiveness of the process of putting culture asa social phenomenon into action. The fact of culturological direction extending of the wholeeducational process in the university interrelating to its components (common-cultural,professional and functional) is of great importance. Cultorological approach introduction to theprocess of training of the future tourism experts that is aimed at the developing of civil societyvalues and an independent creative personality is a premise of modernization of higher educationin Ukraine

A Multi-Billion Dollar Growth Industry

Australian Journal of Career Development ◽

10.1177/103841629800700105 ◽

1998 ◽

Vol 7 (1) ◽

pp. 13-14

Author(s):

Samantha Johnsen

Keyword(s):

Hospitality Industry ◽

Business Sector ◽

Senior Managers ◽

Formal Degree ◽

The Future ◽

Growth Industry ◽

The tourism and hospitality industry is the world's fastest growing business sector and it has an increasing need for people with formal degree qualifications to be effective senior managers and executives of the future. This case study describes the opportunities in this sector and outlines the facilities and courses of the Australian International Hotel School.

The Future and Challenges of Applying Innovative Technologies in the Tourism and Hospitality Industry in Asia

SSRN Electronic Journal ◽

10.2139/ssrn.3712462 ◽

2020 ◽

Author(s):

Muhammad Saeed Meo ◽

Shamsa Kanwal ◽

Shahzad Ali ◽

Mohd Zaini Abd Karim ◽

Aamir Zamir Kamboh

Keyword(s):

Hospitality Industry ◽

Innovative Technologies ◽

The Future ◽

Gentrification and functional change in Budapest – ‘ruin bars’ and the commodification of housing in a post-socialist context

Urban Development Issues ◽

10.2478/udi-2020-0002 ◽

2020 ◽

Vol 65 (1) ◽

pp. 17-26

Author(s):

Gergely Olt ◽

Adrienne Csizmady

Keyword(s):

Ownership Structure ◽

Hospitality Industry ◽

Housing Stock ◽

Field Research ◽

Functional Change ◽

Global Changes ◽

Heritage Buildings ◽

The Subject ◽

AbstractThe growth of the tourism and hospitality industry played an important role in the gentrification of the post-socialist city of Budapest. Although disinvestment was present, reinvestment was moderate for decades after 1989. Privatisation of individual tenancies and the consequent fragmented ownership structure of heritage buildings made refurbishment and reinvestment less profitable. Because of local contextual factors and global changes in consumption habits, the function of the dilapidated 19th century housing stock transformed in the 2000s, and the residential neighbourhood which was the subject of the research turned into the so called ‘party district’. The process was followed in our ongoing field research. The functional change made possible speculative investment in inner city housing and played a major role in the commodification of the disinvested housing stock.

Beach Town

10.1093/oso/9780198799658.003.0003 ◽

2017 ◽

Author(s):

Christopher Hilliard

Keyword(s):

Hospitality Industry ◽

First World War ◽

Social Position ◽

Maritime Trade ◽

World War ◽

Ship Building ◽

Coastal Shipping ◽

Tourism And Hospitality ◽

First World

The chapter surveys post-First World War Littlehampton, a coastal town where tourism and hospitality had overtaken maritime trade, but where coastal shipping and ship-building remained important industries. The libel case unfolded in the Beach Town district, where Littlehampton’s hotels and apartment houses were concentrated. Many of the tradesmen, small businesswomen, labourers, and domestics who serviced the tourism and hospitality industry lived in the neighbourhood. Working from the evidence George Nicholls gathered, census records, and documents in the Littlehampton Museum, the chapter provides an anatomy of the neighbourhood and then examines the families at the centre of the dispute, their economic and social position, and relationships within the household, which were often marked by violence.

The Perception of Job-related Motivators When Choosing a Career in the Tourism and Hospitality Industry – A Comparative Study Between Polish and Spanish Students

International Journal of Management and Economics ◽

10.1515/ijme-2017-0014 ◽

2017 ◽

Vol 53 (2) ◽

pp. 84-106 ◽

Cited By ~ 3

Author(s):

Aleksandra Grobelna

Keyword(s):

Competitive Advantage ◽

Rapid Growth ◽

Career Paths ◽

Hospitality Industry ◽

Staff Turnover ◽

Motivating Factors ◽

Tourism Experience ◽

AbstractThe recent rapid growth of the tourism and hospitality industries raises a question about the quantity and quality of the workforce needed in these sectors. In the tourism/hospitality industry, where most services are delivered directly by employees, competitive advantage is primarily attained through people (employees), who are perceived as an integral component of tourism experience. This creates challenges for an industry suffering from high rates of staff turnover, especially of young employees who leave their jobs after graduation, choosing other career paths.This study presents the job related motivators that students found important when considering their future careers, and investigates the extent to which those motivators can be found in the tourism and hospitality industry. Is the industry able to offer the motivators that will keep the employees willing to choose this particular path? We focus on two groups of potential employees – Polish and Spanish students. The study reveals that both groups generally do not believe that a career in the TH industry offered these motivating factors. We also contrast and compare both groups’ perceptions in this area.

Pleasure or Business-Travelling and the Pandemic Virus: Socio Legal Aspect

Journal of Economic Info ◽

10.31580/jei.v8i1.1741 ◽

2021 ◽

Vol 8 (1) ◽

pp. 4-11

Author(s):

Rajib Kumar Majumdar ◽

Abhishek Majumdar

Keyword(s):

Hospitality Industry ◽

Legal Aspect ◽

Social Contact ◽

Human Movement ◽

Research Topic ◽

Research Article ◽

Visual Pleasure ◽

Tourism And Hospitality ◽

Fail Safe

Ever since the corona pandemic hit the world with full rancour, people have gone into hiding thus restricting movement in all spheres, bringing their movement to a halt. It has been extrapolated since ages that movement of masses is the essence of economics. A man moves to earn, to seek visual pleasure, to seek social contact and as such the freedom to move freely, is both a legal and fundamental right, guaranteed under the Indian Constitution. The following research article aims to study the socio-legal aspect of restricted or altered human movement brought about by the pandemic and its effect on the tourism and hospitality industry. The study findings include the immense loss which the industry has suffered as result of the pandemic, followed by the path forward in terms of the new trends which may emerge in the year 2021, to cope with the loses. A further scope of study in the stated research topic may include developing fail-safe systems as method of check and balance to keep the tourism and hospitality industry afloat, in the event of such unforeseen crisis.