Travel and tourism Industry: A Boom worldwide

Posted: December 14, 2013 in Business, Travel
Tags: , ,

The major boom in the travel and tourism industry has been seen in the recent past. People taking a sabbatical from a stressful work and planning for a refreshing journey to faraway places has become the need of an hour. And this is one reason; there has been a sudden rise in the travel and tourism industry. People search for thrifty sojourn places, yet a memorable one. People these days love to travel and so they look for the best options available which suits their pocket.
Having said that, the tourism industries has also become aware of the diverse customers available, and are extra vigilant when it comes to customer satisfaction, which has made them stand away from the crowd. The global growth in tourism is also in a way helpful to balance the economy and it plays a vital role in the economic growth of the country. This is one reason; the Government also supports the tourism industry and tries to make it more attractive for the tourists and get the maximum revenue out of it.
Whether it is on season or off season, travelling has become an ongoing thing. In a way, in the recent past, the increase in travel industry has been due to the disposable income of the people and the facilities provided by the company itself. Let’s figure out, what factors keeps the industry growing continuously:
1. Advertisement: Advertisements play a vital role in the growth of this industry. For a major reason that, it reaches the maximum people and they get attracted to the affordable packages.
2. Internet marketing: Again, with the increased usage of internet in every household, people have become more tech savvy and they can choose from the variety of options available and compare the prices and then book a holiday.
3. Packages: The travel industry provides with lot of packages which suits your needs and budgets. And that helps in meeting the needs of almost every class of the society which in turn increases the growth of the industry.
4. Government support: With increased support from the government, the travel and tourism industry has grown worldwide and it has grown in leaps and bounds. So government also plays a major role in the increase in the growth of the tourism industry.

There are many factors which affect in the overall growth of the travel and tourism industry. Bu all in all, it has been a major increase over the past years and the growth has been for good.

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