Technological Innovations in Tourism Businesses: A Study on Contemporary Trends

Tourism: The Global Phenomena

During the pandemic period the hospitality tourism industry has taken a major beating, we found airlines grounded, train wheels stopping, and empty hotels with a lot of people being laid off during the pandemic (Lai & Nepal, 2006). We have our spate of lockdowns though some countries are somehow still under its shadow, brought to us the technological innovation. Thus, the focus of technological innovation is to count on capitalizing on new opportunities in the market. Technological innovations are always looking at new horizons and what’s coming next (Buckley, 2006).

As the number of who travel increases, previously unexplored tourist attractions become more popular. Between 1995 and 2015, the number of tourists increased almost 15 times on average. The trend in global tourism is based on the working of tourism machinery working to travel more, visit more, and spend a bit more (Najda-Janoszka & Kopera, 2014). Tourism has literally exploded the regions and countries all around the world had identified tourism as a driver of employment and of economic growth. This simply means that the number of visitors at any given point in time is directly proportional to the flow of money into the destination resulting in better-off the citizen and economic growth. This simplifies the equation that the more visitors will come the more money the destination will generate and by that logic the destinations that attracted the most visitors were the most successful destinations. These destinations are the real winners and are often called bucket list destinations (Labanauskaitė, Fiore, & Stašys, 2020).