Tourism and Hospitality Industry in BRIC Nations

Economic Developments ◽

Travel and tourism is the largest service industry globally in terms of gross revenue, foreign exchange earnings and leading employment generators. More than two dozen nation's economic developments have been dependent on tourism and hospitality activities. Thus, most of the countries have realised that tourism and hospitality industry is the major engines of growth for developing their economies. The present study aims to analyse the contribution of BRIC (Brazil, Russia, India and China) nation in the area of travel and tourism. This study is based on WTTC reports on Travel and Tourism Economic Impact 2009 to 2015. The BRIC nations have been selected as these countries that have huge touristic potentials. These nations have breadth and global presence in travel and tourism at global level. The analysis presents the direct contribution of travel and tourism (T&T) on GDP – GDP generated by industries that deal directly with tourists, including hotels, travel agents, airlines and other passage transport services, and the activities of restaurant and leisure industries that deal directly with tourists. The results of the study reveal that, China remains the most important emerging economy in the area of travel and tourism. India continues to have fastest growing economy in the world after China. Moreover, the continuous growth and development in tourism and travel activities will further nurture economies of these countries and will have a place in global tourism in coming future.

Planning for sustainable tourism development in Bhutan.

Tourism planning and development in South Asia ◽

10.1079/9781789246698.0005 ◽

2021 ◽

pp. 84-98

Author(s):

Stephen Pratt ◽

Wantanee Suntikul

Keyword(s):

Hospitality Industry ◽

Purchasing Decisions ◽

Policy Makers ◽

Sustainable Tourism Development ◽

General Managers ◽

Food And Beverage ◽

Global Tourism ◽

Tourism And Hospitality ◽

Depth Interviews

Abstract This chapter investigates the ways in which tourism planning and policies in Bhutan promote, reinforce and constrain sustainability. The scope of this work covers food and beverage purchasing decisions, human resources, transportation and souvenir sales in the tourism and hospitality industry in Bhutan. To achieve these research objectives, 19 in-depth interviews were conducted with hotel general managers in the main tourism areas of Thimphu and Paro. The findings reveal that, while the controlled nature of tourism in Bhutan certainly protects its residents from the negative excesses of global tourism, numerous policies also impede tourism and hospitality from spreading their benefits more widely. Policy makers in Bhutan would rather adhere to the precautionary principle than allow detrimental practices or risk irreversible impact on Bhutanese culture.

Modern trends in the development of world hotel business

Journal of Economics and International Relations ◽

10.26565/2310-9513-2019-9-23 ◽

2019 ◽

Keyword(s):

Hospitality Industry ◽

System Analysis ◽

Global Business ◽

Current Trends ◽

The World ◽

Provision Of Services ◽

Global Tourism ◽

General Scientific ◽

The relevance of the study is explained by the fact that today the global tourism and hospitality industry is in tough conditions of competition for each client and is forced to react very quickly to external changes in business conditions. At the same time, despite the unstable economic and political situation in the world, the hotel and tourism business continues to grow rapidly. The growth of tourism all over the world causes an active expansion of the offered hotel services. The subject of this research is the innovation in the hospitality industry in the direction of increasing the competitiveness of modern forms of the hotel business. The goalof the article is to study current trends in the development of the global hotel business. The object is a study of the development of the global hotel business. As a general scientific method, system analysis is used, as well as logical and historical research methods. As a result of the study, the following results were obtained: in order to manage the operation of a hotel enterprise, it is necessary to constantly update it and maintain it in the state provided for by the standards and technical conditions, to ensure the rhythmic provision of services of a certain quality. The management of the development process of a hotel enterprise is aimed at changing its state, turning it into a corresponding to the modern high world achievements of the hotel industry. Conclusions: analysis, research and use of the current global business trends by hotels, first of all, the active use and development of IT and software for mobile phones influences the improvement of service quality, competitiveness and reputation of the hotels, makes it attractive and unique to customers.

Multilevel Approach to Competitiveness in the Global Tourism Industry - Advances in Hospitality, Tourism, and the Services Industry ◽

Introduction to the Multilevel Approach to Competitiveness in the Global Tourism Industry

10.4018/978-1-7998-0365-2.ch001 ◽

2020 ◽

pp. 1-8

Author(s):

Sérgio Jesus Teixeira ◽

Joao J. Ferreira

Keyword(s):

Hospitality Industry ◽

Rapid Change ◽

Tourism Industry ◽

Competitive Environment ◽

Multilevel Approach ◽

Business Environments ◽

Global Tourism ◽

The search for understanding the multilevel approach to competitiveness in the global tourism industry has led to a separation of approaches such as the characteristics of the general and competitive environment. The globalization, the companies' transformation, the emergence of the digital company, and the evolution of the tourism and hospitality industry represent four powerful drivers of change modifying business environments worldwide (Laudon & Laudon, 2007; Salem, 2014). In a world increasingly influenced by globalization, broad markets make it difficult for companies to cope with rapid change and increasing competition using only their skills, capabilities, and resources. As such, it is crucial to establish long-term relationships with other organizations, thus entering networks to help cope with any gaps or difficulties encountered in the markets.

Impact of tourism and hospitality industry in growth of Indian economy

International Journal of Agricultural Invention ◽

10.46492/ijai/2019.4.1.17 ◽

2019 ◽

Vol 4 (01) ◽

pp. 101-105

Author(s):

Neha Jaiswal

Keyword(s):

Hospitality Industry ◽

Service Sector ◽

Indian Government ◽

Total Contribution ◽

Indian Economy ◽

Travel And Tourism ◽

Service Portfolio ◽

Set Up ◽

It is a known fact that as the economy grows the demand for services increases. “The service sector is currently the fastest growing sector of the Indian economy”. Total contribution by travel and tourism sector to India’s GDP is expected to increase from Rs 15.24 trillion (US$ 234.03 billion) in 2017 to Rs 32.05 trillion (US$ 492.21 billion) in 2028. Hospitality and tourism is an important contributor to India’s service portfolio. The hospitality industry in India is changing at a very fast pace. Innovation is the buzzword in the industry. The Indian hospitality industry is witnessing a major shift wherein apart from traditional business or leisure travel, India’s hospitality sector has been witnessing interest from various segments like meetings, incentives, conferences and exhibitions (MICE), eco tourism, wellness tourism, spiritual and pilgrimage tourism. The Indian government has taken up various reforms to bring the pace in the industry growth with liberalization in the regulatory framework, investment friendly schemes, extensive support for creating a world class infrastructure, initiating better air and land connectivity, incentivizing regional set-up in tier III and IV cities, exploring the untapped geographical resources which has led to a comprehensive growth of the Indian hospitality industry. This paper focuses on impact of the hospitality industry in the development and growth of Indian economy which have transformed the scenario of the industry altogether. It also attempts to study the trends on the hospitality industry and the Indian economy at large.

Tourism and the hospitality industry: current state problems and prospects of development

E3S Web of Conferences ◽

10.1051/e3sconf/202127309038 ◽

2021 ◽

Vol 273 ◽

pp. 09038

Author(s):

Irina Buharova ◽

Liliya Vereshchagina

Keyword(s):

Hospitality Industry ◽

Service Sector ◽

Tourism Industry ◽

Travel Agents ◽

Current Trends ◽

Current State ◽

Support Measures ◽

Travel Industry ◽

The article considers the current trends in the development of the tourism and hospitality industry as the most important ways to develop the geographical, cultural, social and political space. The article analyzes the state support measures for service sector enterprises, as well as the main current problems among tour operators and travel agents, which were identified by the Russian Union of Travel Industry. Recommendations for the development of tourism in the current situation are given, two key trends of the tourism industry for 2021 are analyzed.

COVID-19's Impact on the Indian Tourism and Hospitality Industry

International Journal of Engineering and Management Research ◽

10.31033/ijemr.11.6.1 ◽

2021 ◽

Vol 11 (6) ◽

Author(s):

Chitrranjan Singh

Keyword(s):

Hospitality Industry ◽

Tourism Industry ◽

Indian Government ◽

Total Employment ◽

Travel And Tourism ◽

Tourism Sector ◽

Tourism And Hospitality ◽

Tourism Economy ◽

The Impact

The COVID-19 pandemic is the world's most serious human calamity in 2020, and it has wreaked havoc on India's economy. The COVID-19 pandemic has wreaked havoc on India's economy in a variety of ways. The impact of COVID-19 on one of the most vital sectors, tourism, has been exceedingly distressing and has resulted in significant losses. As a developing economy, India was already in a precarious position before COVID-19. India's sudden nationwide lockdown was the world's largest. The four stages of continuous countrywide lockdown, which lasted more than two months, had a tremendous impact on India's tourism economy. The Indian travel and tourism sector contributed 6.8% of India's GDP in 2019 and generated 39,821 million jobs, or about 8.0 percent of total employment. The Indian tourism and hospitality industry is now forecasting a job loss of 38 million people. The Indian government has taken significant steps to resurrect the tourism industry. The Indian travel and tourist industry has begun to set general safety and hygienic standards for hosting and serving clients, as well as attempting to restore people's faith in travelling again following the corona outbreak.

Tourism Industry in Russia and Global Covid-19 Pandemic: Threats, Counteractions, Trends

Anais Brasileiros de Estudos Turísticos - ABET ◽

10.34019/2238-2925.2021.v11.33306 ◽

2021 ◽

Author(s):

Oleg E. Afanasiev ◽

Alexandra V. Afanasieva

Keyword(s):

Tourism Industry ◽

Industry Growth ◽

Travel Agents ◽

Tourism Sector ◽

Comparative Aspect ◽

Creative Solutions ◽

The World ◽

Global Tourism ◽

The present paper is dedicated to COVID-19 pandemic impact that manifested itself around the world since the end of 2019 and significantly affected the tourism and hospitality industry. In Russia and in the world, tourism is among industries the most affected by the consequences of restrictions and anti-epidemiological measures against COVID-19. The article divides the examples of mechanisms for overcoming the epidemic consequences in tourism, developed by different states and in Russia, in 9 groups (categories), and considers them in a comparative aspect. COVID-19 exacerbated relationship problems between two main subjects of the tourism market - tour operators and travel agents. Numerous mechanisms of government supporting Russian tourism industry do not work to the full and are not effective enough. The article discusses these problems, highlights the main trends and prospects of the tourism industry in Russia and in the world, and tries to outline the contours of the "post-Сovid" future of the tourism sector. The industry is in deep crisis, but at the same time, it expects new breakthrough ideas and technologies, creative solutions and non-standard proposals. Probably, the tourism projects, formed on these foundations and mechanisms, will become new drivers of industry growth after the end of the pandemic. Key words: Tourism industry; COVID-19 pandemic impact on tourism; Tourism industry in Russia; Global tourism crisis; Trends and measures to supporting subjects of the tourism market.

Family Business Entrepreneurship in Tourism and Hospitality Industry - A Study on the Pondicherry Perspective of Management

Atna Journal of Tourism Studies ◽

10.12727/ajts.4.7 ◽

2009 ◽

Vol 4 (1) ◽

pp. 87-98

Author(s):

M Kanthan ◽

G Anjaneyaswamy

Keyword(s):

Cultural Values ◽

Family Business ◽

Hospitality Industry ◽

Service Industry ◽

Tourism Industry ◽

Primary Data ◽

Psychological Traits ◽

The Government ◽

In a fast progressing industry like tourism there is no dearth of entrepreneurial opportunities. Family Business Entrepreneurship, as a phenomenon has gained immense coinage in various key sectors of India since a distant past. The role of family business establishments becomes more significant in the case of tourism industry, because of its very nature, i.e., being a service industry. This article critically examines the growth and prospects of family run business establishments in tourism and hospitality industry of Pondicherry. The main focus area of this article is the investigation of entrepreneurial attributes of family business entrepreneurs in Pondicherry, who operates ventures in hospitality, their distinctive competence, psychological traits, skills and context i.e. the environmental factors. This work attempts to elucidate upon the influence of Socio-economic factors that acts as a driving force for the family entrepreneurs in Pondicherry, taking into account market incentives, customs, cultural values etc. This study also looks into the government policies, rules and regulations which have a bearing on the successful functioning of tourism and hospitality entrepreneurial ventures in Pondicherry. This paper also attempts to unveil a business model for family run business firms in Pondicherry by taking into account primary data collection and analysis. The significance and advantages of family operated ventures in tourism industry of Pondicherry and the reasons for them adorning a high pedestal is being studied in this article.

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.