The Multiple Faces of Travel Are Accelerating

What will world travel look like three years from now? How about ten years from now? The field is changing almost faster than we can report it, but this article attempts to catch at least a snapshot of what we see unfolding before our eyes 寵物移民台灣. It’s exciting and exhilarating, and I suspect only touches the surface of what will really occur.

First, let me lay your mind to rest. The travel industry isn’t faltering nor is it ripe for a downturn. In fact, leader, John Pittman, believes 2010 will be a year of recovery with many travel agencies expecting to rebound nicely. Dr. Rach of the NYU Tisch Center states that “the global demand for travel and tourism provides unprecedented opportunities going forward.” Travel is a $7 trillion industry and, within the next decade, some expect that figure to possibly double as baby boomers blast off and travelers around the world multiply exponentially.

American travel will continue expanding and Europe is expected to be delivering 730 million travelers by 2020. However, tourism will no longer be dominated by Westerners. Travel is beginning to boom in China, India and the Gulf States, and hundreds of millions more citizens from these areas will begin traversing the globe.

The internet is playing a key role in over 80% of travel-related research and bookings as more and more turn to the convenience of doing such online. Forty-three percent of all online spending is for travel, making it the largest category for e-commerce, and it’s growing all the time. Also, more people are traveling based upon consumer-led, peer-to-peer input and advice. In other words, people are depending more on fellow-travelers to search out a diversity of new and interesting destinations and experiences. Some call it the democratization or the deep personalization of travel.

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