TOP 7 TRENDS OF THE CHANGING TOURISM SECTOR

World's tourism sector is undergoing a significant transformation fueled by societal changes, technology, and economy. Examining the trends that will impact travel businesses, tour operators, and management is essential to tackle complex challenges and embrace innovation. Tourism Review presents the trends that will shape the way people travel in the years to come and influence the industry.

1/ Overtourism: Balancing Tourist Flow

Overtourism has become a buzzword as cities such as Venice struggle to manage the overwhelming tourist influx. The solution to this phenomenon involves seasonal adjustment, where visitors are encouraged to explore less crowded destinations during off-peak periods. It is also essential to protect cultural heritage sites such as Venice from erosion. One potential solution could be implementing access limits to the most congested areas. To make sustainable tourism more profitable, tourism education can encourage responsible behavior.

2/ Short-term Rentals: Balancing Interests

The struggle between hotels and owners of rental apartments in tourist cities is becoming more apparent. A solution could be implementing stricter regulations, allowing both parties to operate fairly. Florence's mayor for example has suggested introducing a tourist tax on short-term rentals to fund tourist infrastructure.

3/ Last-minute Bookings: Optimize Your Pricing Policy

Last-minute bookings are becoming increasingly popular, and dynamic pricing policies can help operators optimize the revenue. Businesses can maximize their earnings by using algorithms to adjust prices based on real-time demand. However, flexible cancellation policies are equally important to attract last-minute travelers.

4/ Multigenerational Travel: Uniting Traveling Families

More families travel together, creating a demand for personalized activities for all ages. Accommodation facilities respond by creating family areas and promoting intergenerational activities.

5/ Safe and Memorable for the Solo Traveler

Solo travelers are on the rise. To ensure a safe, enjoyable, and complete experience for solo travelers, providing them with local safety information and organizing social events where they can mingle is crucial. Online communities can also be created to encourage solo travelers to share their advice and experiences with others who travel alone.

News source: Tourism Review