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European Travel Commission: New `Tourism Trends for Europe`
Thursday, September 28, 2006


European Travel Commission identifies new `Tourism Trends for Europe`

World tourism has undergone significant changes over the past few years. While these are in large part attributable to external factors - such as the economic and political situation, environmental issues, terrorist attacks and safety and health scares - many of them in fact stem from the changing consumer, as a result of demographic shifts and lifestyle changes.

“One of the most critical developments, for example,” to quote Rob Franklin, Executive Director of the European Travel Commission (ETC), “is the ageing of the population in key source markets, which has already had - and will continue to have - a major impact on travel and tourism demand.”

Similarly, the emergence of new markets from around the world, such as China, India and Russia, is resulting in new challenges for Europe and competing destination regions.

Advances in technology, notably with the internet, have made it much easier for consumers to research their travel options and self-tailor their travel itineraries and holiday packages. Online booking has also been facilitated by the emergence and rapid growth of low-cost carriers, which have opened up secondary destinations and made travel more accessible to the less affluent segments of the world’s population. And these developments, in turn, have had a big impact on marketing and communications.

“Whatever the changing trends, ETC believes they offer huge opportunities for our member countries,” said Mr Franklin. “It is therefore appropriate that we should release this new publication, Tourism Trends for Europe on Word Tourism Day 2006.”

An update of ETC’s earlier report Megatrends of Tourism in Europe to the Year 2005 and Beyond, produced with the support of the European Travel & Tourism Action Group (ETAG), the new publication highlights the many different trends expected to influence travel and tourism over the next five to ten years.

“The main objective of the document is to make industry players think about the future and the effects of all these projected changes,” added Mr Franklin. “But it also confirms beyond doubt, re-iterating the message of this year’s World Tourism Day, that Tourism Enriches - not only travellers and tourists, but also the destinations visited and the suppliers involved in selling those destinations.”

For the full report click here! to enter the European Travel Commission portal.
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ETC: Another record year for tourism
Tuesday, June 06, 2006
Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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