Tourism market demand: recent trend of customers in emerging economies.

Tourism market demand: recent trend of customers in emerging economies. Essay example
Masters
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Tourism
Pages 14 (3514 words)
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According to the World Tourism barometer, the tourism industry has been changing rapidly in the international markets and changes in the trends of the customers in the tourism markets are likely to produce to positive results of tourism in near future. …

Introduction

The tourism industry is one of the important businesses in the service sector of the emerging economies. According to the World Tourism barometer, the tourism industry has been changing rapidly in the international markets and changes in the trends of the customers in the tourism markets are likely to produce to positive results of tourism in near future. The activities of the tourism have been a huge source for the economic growth of the emerging markets. The inflow of tourists has led to the increase in foreign currency and cash flow in the emerging markets that have played the crucial role of stimulating the market demands. The changes in the recent trends of the customers of the tourism industry have been favourable for the destinations and the markets in the emerging economies as it contributed to the growth of the economy and also creating employment opportunities in the markets (Waheeduzzaman, 2008, p.312). The recent trend of tourism in the emerging markets could be explained by the theoretical framework of tourism. The social media and the information and communication technologies have played a significant role in the growth of tourism in emerging markets. The role of social media has wide implication for the tourism industry and the customers in the emerging markets. The contribution of the social media and the information and communication technologies, the implications of its wide use on the tourism industry could be considered as important factors for explaining the recent developments on customer trends in the tourism markets of developing countries. ...
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