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Travel and tourism sector is an important part in the industry. This industry has spread wide in very short period. It has shown great progress in industry. As this industry has grown in these years , many issues have also created that affect the market. This is a fast growing industry that has many advantages and also disadvantages as many issues are created by environment that affect the organisation in certain ways. All these effects, causes and issues are stated in this report. This report will show the issues that are affecting the tourism sector and current trends that are influencing the industry and Strategies on how a certain organisation will respond to the change in company (Becker, 2016 ). Also, consequences of business that fails to respond to market change are shown in the report.
1.1 Analysing the issues that are currently driving change in the travel and tourism sector
The tourism sector has increased a lot in this fast growing world. Many competitions have grown in this sector. This sector needs to have more specific strategy to grow in market and to remain in a constant position in market. To remain at a static position in market the industry has to deal with many issues and respond to those issues patiently to get succeeded. To deal with these issues, Titan Travel needs to cooperate and coordinate to manage the use of resources efficiently. The issues that are changing in the tourism sector are:
With the changing world, technology is also changing very rapidly. So it calls for a quick change in industry adopting the technology as fast as possible because with the changing technology customer are demanding more.They are updates with new technologies and in this competitive world , the industry can't afford to be late in implementing techniques in their business as many other industries are waiting for the opportunities so Titan Travel needs to be quick in implementing the updated technology (Colantonio, 2017). Through this modification and implementation in the technology, tourism can approach the clients in an effective way.
The change in political environment has a great impact on the industry and its growth.
Political conflicts within parties creates political stress and that affects the tourism industry. These issues can't be dealt with but these are the policies that just need to be followed. The legal policies like tax filling, cleanliness as well as hygiene, security are required to be provided.
With the change in financial issues like exchange rates, cost of fuel, annual economic sale, unemployment rates, interest rates, etc. many economic issues are arising that has bad impact in tourism business. The currency rates are also increasing due to exit of Britain from Europe and that has influenced the tourism sector a lot. Thus, the economic changes has a great impact on the travel industry.
It is another type of issue that is creating change in travel and tourism sector. Prevention of nature plays a significant role in this issue. All the industries are given directions to create awareness about making the environment clean and save the nature. The industries contribute for the safety and promotion of environment because the tourism sector is responsible for increase in pollution (Eugenio-Martin and Inchausti-Sintes, 2016). So the tourism sector has to create awareness among clients and keep the environment clean.
1.2 Analysing the different current issues using appropriate methods and resources.
The destinations like North Africa and Middle East have the ability to attract tourists and increase the profit of travel and tourism. The conflict within these two places is causing a impact on reputation of the industry. Many protests are done and that are continuously discouraging people to choose those destinations for trip. So the industry is facing a lot of problems in developing the sector in market and especially in these conflict areas. Also, there is no profit and productivity is for of the organisation.
Also, the destinations like Tunisia and Egypt are facing conflicts within them. Also, these places are the tourist destinations that gives the high revenue to the tourism industry but due to conflicts the industry is suffering from loss of tourists, no profits, no productivity. There is a lot of impact on the lifestyles of tourists by these conflicts. They avoid choosing these types of destinations and this impact badly on tourism