Philtech institute of arts and technology inc. Subject: trend and issues in hospitality



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Trends and Issues in Hospitality week 4
How close is the world to me?
Students develop an understanding of the links they have that extend beyond local and national boundaries.
1. Write about the event using some of the following prompts: national identity, language, design, place of manufacture, origin of natural resources, cultural traditions, use of technology, history, etc.

2. Think of a current event featuring in headlines around world. (Hint: politics, music, sport, film celebrity and culture disaster. Twitter might provide some ideas).


Activity:
Give at least three tourism product, identify and analyze the product, and also explain how will it affects in globalization? Write it on one whole yellow pad.

PHILTECH INSTITUTE OF ARTS AND TECHNOLOGY INC.

SUBJECT: TREND AND ISSUES IN HOSPITALITY
WEEK 2(AUGUST 31-September 05, 2020)
Trends in Tourism and Hospitality -Economical Aspect

Tourism Sector
Spending on tourism and hotels is closely related to the economic cycle. Certainly, spending on leisure activities such as holidays tends to be one of the first things that consumers cut back in times of economic hardship. (Source: Finance –Tourism and Hotel Industry).
Disposable income
According to the concept of tourist flows, there are a number of micro factors influencing the patterns of travel. Among them, the economic development of a country including employment status and household income is an influential factor in determining tourist demand for travel. When the economy is good, a relatively large part of consumer disposable income will be spent on non-essential products and services such as tourism.
Low cost carriers an alternative during economic hard time

Source: The Statistics Portal –Respective airlines



Source: International Low-Cost Airline Market Research by Airline Profiler available athttp://www.airlineprofiler.eu/2014/07/international-low-cost-airline-market-research/


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