Emerging Trends in Tourism Industries
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Page: 445-447
Indira Ausare and Vaishali Waghule (Department of Commerce, Dr. D.Y. Patil ACS College, Pimpri, Pune, Maharashtra)
Description
Page: 445-447
Indira Ausare and Vaishali Waghule (Department of Commerce, Dr. D.Y. Patil ACS College, Pimpri, Pune, Maharashtra)
The tourism industry has experienced significant changes in recent years, influenced by global events, technological advancements, and evolving consumer behavior. Tourism companies are adopting digital tools, prioritizing sustainability, and personalizing experiences to cater to new traveler expectations (United Nations World Tourism Organization [UNWTO], 2023). This paper explores the recent trends in tourism companies, identifying key drivers of change, challenges, and opportunities. The study combines secondary and primary data analysis to provide actionable insights into industry dynamics and future directions. The tourism industry is undergoing significant transformation in response to evolving traveler preferences, technological innovations, and global challenges. Recent trends include a growing emphasis on sustainability, with travelers and operators prioritizing eco-friendly practices such as reducing carbon footprints, promoting local economies, and encouraging off-peak travel to mitigate over-tourism.