| Travel & Tourism |
TRAVEL & TOURISM RESOURCES
Travel and Tourism is the largest industry in the world with immense opportunities for purpose driven entrepreneurs. The industry has proven resilient with consistent growth despite the economic downturn and continues to hold a lot of promise in the future.
With some research, you can identify niches in the industry with enormous potential to grow within the outdoor economy. There has been incredible growth in niches such as ecotourism, nature tourism, cultural tourism and outdoor adventure. Many ventures have started out as simple ideas and have grown into huge enterprises.
With a little creativity, purpose driven entrepreneurs can tap into the giant travel and tourism industry and find ways to use natural resources to generate income for the local people while protecting the plants and wildlife and educate the world about their importance.
At the same time, travel and tourism can be destructive and/or constructive. Entrepreneurs need to take into consideration their impacts on the environment, the indigenous people and the preservation of local heritage and culture pursuing their ideas.
Working with local people who have been marginalized through out history can be challenging. One must have patience and take time to see things from their point of view.
Research is a key component of any successful venture. Take time to study the the following reports and links to identify the growth trends, opportunities, and potential threats of starting a venture in travel and tourism.
- The World Travel and Tourism Council Economic Impact Reports 2012
According to the World Travel and Tourism Council Report, Travel & Tourism in 2011:
- Accounted for 255 Million Jobs Globally
- Directly contributed upwards of US$2 trillion to the world GDP
- Contributed over US$6.3 trillion (9.1%) Indirect and induced impacts
- ITB Travel Trends 2011/2012
The ITB Reports on growth and trends in the T&T Sector:Volume of travel abroad will increase by 5% year-on-year in 2011, with domestic trips worldwide rising by 2.5%. The UNWTO predicted that international arrivals will increase by 4-4.5%
this year to a new all-time high.
- Trip Advisor Trends for 2011
Further popular pursuits among travelers for the year ahead include water activities (38 percent) and 47 percent will take eco-friendly factors into consideration when making travel plans
- USA Travel and Tourism Report
US Travel & Tourism info shows travel and tourism generates $1.9 trillion in economic output and supports 14.4 million jobs in the USA
- The Role of Travel and Tourism WTTC
Travel & Tourism CEOs talk about the industry’s role in regards to the environment
- Presentation on the Travel and Tourism now and into the future
Patrick Dixon gives a presentation and stresses key points about the travel and tourism industry
- Training Material for Travel and Tourim
Sales video from learntravelandtourism.com