Global Trends in Hospitality Industry
Lesson 2
Global Trends
Lee Weng Kee
UNIVERSITY OF SUNDERLAND
Learning Outcomes
•
Learning Outcomes: On completion of the lecture students will:
Able to understand the influence of global tourist flows on the international hospitality industry
2. The size and the scope of the international hospitality industry
3. The nature of the global hotel sector
1.
2
1
Class Structure
Global trends in hospitality and tourism Global distribution of tourists
Global distribution of hotels
International Hotel Sector
Capital generation
Management arrangements
Horizontal Integration
Motivations for Going Global
Vertical Integration
3
Tourism Flow
2
1. Tourism & World
Economy
Monthly Updates from
WTTC – July 2014
6-6
3
Importance of
Tourism to
World ‘s
Economy 2013
6-7
Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall
6-8
4
Tourism’s importance to World Economy
In general, the growth of international tourism arrivals significantly outpaces growth of GDP.
In years when world economic growth exceeds 4 per cent, the growth of tourism volume tends to be higher.
When GDP growth falls below 2 per cent, tourism growth tends to be even lower.
1975-2000: tourism increased at an average rate of 4.6 per cent a year.
5
2. Tourism Growth &
Trends
Scope of International Tourism Industry
•
Internationally tourism is a growth industry •
1950
2000
2009
2010
2012
2013
•
•
•
•
•
•
25 million international tourist arrivals
699 million international tourist arrivals
880 million international tourist arrivals
935 million international tourist arrivals
1 billion international tourist arrivals
1.087 billion international tourist arrivals
Tourism is the largest industry in the world (UNWTO 2013)
12
6
6-13
3. Tourism – Some
Current Statistics
7
Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall
6-15
Global Trends
Lee Weng Kee
UNIVERSITY OF SUNDERLAND
Learning Outcomes
•
Learning Outcomes: On completion of the lecture students will:
Able to understand the influence of global tourist flows on the international hospitality industry
2. The size and the scope of the international hospitality industry
3. The nature of the global hotel sector
1.
2
1
Class Structure
Global trends in hospitality and tourism Global distribution of tourists
Global distribution of hotels
International Hotel Sector
Capital generation
Management arrangements
Horizontal Integration
Motivations for Going Global
Vertical Integration
3
Tourism Flow
2
1. Tourism & World
Economy
Monthly Updates from
WTTC – July 2014
6-6
3
Importance of
Tourism to
World ‘s
Economy 2013
6-7
Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall
6-8
4
Tourism’s importance to World Economy
In general, the growth of international tourism arrivals significantly outpaces growth of GDP.
In years when world economic growth exceeds 4 per cent, the growth of tourism volume tends to be higher.
When GDP growth falls below 2 per cent, tourism growth tends to be even lower.
1975-2000: tourism increased at an average rate of 4.6 per cent a year.
5
2. Tourism Growth &
Trends
Scope of International Tourism Industry
•
Internationally tourism is a growth industry •
1950
2000
2009
2010
2012
2013
•
•
•
•
•
•
25 million international tourist arrivals
699 million international tourist arrivals
880 million international tourist arrivals
935 million international tourist arrivals
1 billion international tourist arrivals
1.087 billion international tourist arrivals
Tourism is the largest industry in the world (UNWTO 2013)
12
6
6-13
3. Tourism – Some
Current Statistics
7
Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall
6-15
References: Knowles, T., Diamantis, D. and El-Mourhabi, J. (2004) The Globalization of Tourism and Hospitality: A Endo, K. (2006) Foreign Direct Investment in Tourism – flows and volume