• Stand Up for Free Enterprise

The State of the Travel Industry in 2023: Current Trends and Future Outlook

Kentucky chamber ceo: we must protect the free enterprise system, how franchising can help fuel the american dream, microsoft president: responsible ai development can drive innovation, suzanne clark's 2024 state of american business remarks, rhythms of success: the free enterprise tune of a small business.

January 12, 2023

Featured Guest

Tony Capuano CEO, Marriott International, Inc.

Chip Rogers President & CEO, American Hotel & Lodging Association (AHLA)

As COVID-19 restrictions have continued to ease, the travel and hospitality industries have seen a resurgence in customers. Companies like Marriott have seen percentage increases in revenue and rate, even topping pre-pandemic levels.

During the U.S. Chamber of Commerce’s 2023 State of American Business event, Chip Rogers, President and CEO of the American Hotel and Lodging Association , and Tony Capuano, CEO of Marriott International, Inc. , sat down for a fireside chat. Read on for their insights on the post-COVID state of the travel industry, a shifting customer base, and the outlook for 2023 and beyond.

2022 Demonstrated the Power and Resilience of Travel

After declines amid the pandemic, 2022 brought about a positive recovery for the travel industry.

“[2022] reminded us of the power and resilience of travel,” said Capuano. “If you look at the forward bookings through the holiday season, [you’ll see] really strong and compelling numbers … so we’re really encouraged.”

“The only caveat I would give you about that optimism is, as you know, the booking windows are much shorter than we’ve seen them in a pre-pandemic world,” he added. “So those trends can change more quickly than we’re accustomed to."

The ‘Regular’ Customer Segments Are Shifting

At the start of pandemic recovery, industry leaders believed leisure travel would lead travel recovery, with business travel closely behind and group travel at a distant third, according to Capuano. While some of those predictions have held, others have shifted.

“Leisure [travel] continues to be exceedingly strong, and group [travel] has surprised to the upside,” he explained. “Business travel is perhaps the tortoise in this ‘Tortoise and the Hare,’ slow-and-steady recovery.”

However, Capuano noted customer segments are becoming less and less strictly defined.

“[There’s] this trend we've seen emerge over the pandemic of blended trip purpose … [where] more and more folks are combining leisure and business travel,” he said. “If this has staying power, I think it’s absolutely a game changer, as we get back to normal business travel and hopefully maintain that leisure travel.”

To accommodate this shifting demand, Marriott has focused on expanding offerings to accommodate both the business and leisure sides of travelers’ trips.

“[We’ve had] a very big focus on [expanding bandwidth], so that if [we’ve] got 300 rooms full of guests on Zoom calls simultaneously, we’ve got the bandwidth to cover it,” Capuano added. “[We’re also] being more thoughtful about fitness, leisure, and food and beverage offerings — and having the flexibility to pivot those offerings as somebody sheds their business suit on Thursday and changes into shorts and flip flops for the weekend.”

2023 Offers Hope for Continued Growth in the Travel and Hospitality Sectors

As the travel and hospitality sectors continue to grow and shift in the post-pandemic era, Capuano shared reasons for optimism in 2023.

“Number one, it's our people,” he emphasized. “When you see their passion, their enthusiasm, their resilience, their creativity, and just how joyful they are to have their hotels full again … it's hard not to be filled with optimism.”

“If you look at how far the industry has come over the last few years,” Capuano continued, “any lingering doubts folks may have had about the resilience of travel — and about the passion that the general public has to explore cities and countries — it's hard not to be excited about the future of our industry.”

  • Post-Pandemic Work

From the Series

State of American Business

View this online

  • Hospitality Industry

What is the hospitality industry? All your questions answered

What is the hospitality industry

March 28, 2024 •

20 min reading

The hospitality industry is a large subsection within the service industry and is comprised of four main areas : Food & beverage, travel & tourism, lodging, and recreation. As examples, the F&B category includes restaurants, bars, and food trucks; travel & tourism covers different forms of transportation and travel agencies; lodging varies from hotel resorts to hostels; recreation refers to leisure activities such as sports, wellness, and entertainment. While all sectors are interconnected and reliant on each other, many of these hospitality sectors are quickly evolving due to new technologies and changing customer mindsets.

Known for being one of the main industries that is easily impacted by external forces, many questions have recently come up regarding the state of hospitality today. What trends are shaping its future? What makes it still one of the world's fastest-growing industries? How can it remain competitive? How to deal with the post-Covid staff shortages?

Read on to find out the experts' guide on what is happening in this exciting, evolving, and resilient sector.

A brief history of hospitality

How fast is the hospitality industry growing, hospitality industry overview: key statistics, hospitality industry growth: what trends are driving it, what major challenges is the hospitality industry facing, travel and hospitality industry: top trends, what the top ceos are saying about the future of the hospitality and tourism industry, what leaders can do to ensure hospitality businesses remain competitive, the hospitality management careers of tomorrow, future of hospitality: what's on the horizon for hospitality & tourism professionals, how has the hospitality industry evolved since its origins.

Derived from the latin word “hospes”, meaning host (one who provides lodging or entertainment for a guest or visitor), hospitality has its roots in ancient history. The ancient Greeks used the word "xenia" to define the sacred rule of hospitality: the generosity and courtesy shown to those who are far from home or associates of the person bestowing guest-friendship. Away from home, surrounded by strangers and yet feeling welcome.

Although the original concept of hospitality has remained largely unchanged since its origins (meeting travelers’ basic needs such as providing food and accommodation), the idea of building hotels for the sole purpose of hosting guests emerged alongside technological advances and better means of transportation towards the end of the 18th century. Since then, the sector been in constant expansion due to the very concept of hospitality being applicable to any sector that deals with customer service and satisfaction.

Bachelor in International Hospitality Management  See business through customers’ eyes. Enter the job market with a leader’s  perspective  Discover how we train our students to put customers first  Discover more

Along with the overall economy, the global hospitality industry has enjoyed a spurt of massive growth over the last decade since the end of the financial crisis. According to the World Bank , the global economy has grown at a pace of more than three percent per year up until the global pandemic hit in 2019/20. Due to pent up demand during the beginning of the COVID-19 pandemic there was an acceleration of the global economy in 2021 of 5.5 percent growth, however it is set to decelerate to 4.1 percent in 2022 and 3.2 percent in 2023, arriving back at pre-pandemic levels.

This unprecedented expansion over the last decade has benefited the hospitality and tourism industry by stimulating the world population’s travel activity, adding countless room nights in both leisure and business travel .

1. International arrivals have increased from 900 million to more than 1.3 billion over a span of just ten years.

Not only has this boosted the number of rooms on offer, but has also led to a major contribution of global employment opportunities. Covid-19 had a severe impact and international tourist arrivals according to figures from UNTWO , which after years of steady annual growth saw a staggering -73% drop in arrivals in 2020 and -71% in 2021 due to travel restrictions in response to Covid-19.

All in all 2020 is recognized as the worst year in tourism history with 1 billion fewer international arrivals and US $ 1.1 trillion in international tourism receipts. Around -74% drop according to the latest data from World Tourism Organization (UNWTO) a level of 30 years ago.

However, so far the travel industry has seen an extremely positive bounce back. New data from UNTWO found that, overall, international arrivals reached 80% of pre-pandemic levels; in the first quarter of 2023.

Tourism figures are heading in the right direction as an estimated 235 million tourists traveled internationally in the first three months, more than double the same period of 2022.

2. The World Travel and Tourism Council ( WTTC ) names the hospitality industry’s importance as a main driver in global value creation.

Recent figures published by the WTTC found that in 2022 the Travel & Tourism sector made a contribution of 7.trillion USD to the global economy, 7.6% of the global GDP and 23% below pre-pandemic levels.

3. The hospitality and travel industry accounts for one out of every ten employment opportunities.

Bringing the number of people earning their living in the sector to a remarkable 330 million in 2022.

In 2022, there were 22 million new jobs, representing a 7.9% increase on 2021, and only 11.4% below 2019.

The rise in revenue does not only benefit international companies and hotel owners, but also acts as a major factor in job creation for local populations and destinations. As of the latest data, around 173 million people were employed in the hotel and motel industry before the Covid-19 pandemic hit.

The WTTC forecast that there will be an additional 126 million jobs created between now and 2032.

4. The overall growth in the travel and tourism industry stands at +5.8% Vs. Overall GDP +2.7%.

According to the Hospitality Global Market Report 2023 the global hospitality marketgrew from $4,390.59 billion in 2022 to $4,699.57 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%.

This large growth rate is in part the bounce back from global restrictions on travel. The market is expected to continue growing but at a slower rate due to the global economic situation with a Compound Annual Growth Rate (GAGR) of +5,8% forecasted between 2022 and 2032.

hospitality industry growth

Image source: World Travel & Tourism Council, Travel & Tourism Economic Impact 2022

1. The global economy growth has created positive momentum in the sector by contributing to the overall income per capita.

Since 2009, the global GDP has constantly increased at an average pace of almost two percent per annum, leading to a growing demand for both international and domestic travel spending. Whilst the Covid-19 pandemic led to a shock -2.81% decline in GDP in 2020 according to Statista , 2022 figures and subsequent projections for 2023 show year-on-year growth.

2. Airfares have consistently become more affordable over the last three decades, but will this last?

Thanks to lower fuel prices, carrier competition and the rise of low-cost airlines . While these are not happy news for the airline industry, which is using ancillary fees to increase profit margins, it benefits travelers who can get more from their purchasing power. However the emerging global energy crisis could put a halt to such a trend and airlines could pass on the price hikes to the consumer, which will in turn impact consumer travel behaviour.

3. Corporate travel is yet another contributor to the healthy outlook and is projected to keep growing.

In China and India, the growth of business travel is particularly steep due to the relentless pace of economic expansion in this part of the world.

4. The health and wellness segment has boomed in recent years.

There has never been so much appetite among the public for wellness and the escapism travel can offer from life’s stresses - the pandemic taught us to slow down and not to take our health for granted.

The global consumer health and wellness market is a $1.5 trillion market growing at 5 to 10 percent a year, and, according to a recent McKinsey survey, people around the world are increasingly interested in taking care of themselves and are planning to spend more money on wellness products and services.

5. Hotel operators are seeking to expand their portfolios through targeted acquisitions of smaller regional chains.

Mergers and Acquisitions activity in hospitality has somewhat cooled over the last few years , with operators seeking to expand business in a more controlled way.

1. The threat of climate change

The threat of climate change will adversely impact many major tourist destinations. Threats resulting from climate change, safety and security issues, as well as unprecedented migration streams are tomorrow’s game changers. The main challenges for the hospitality industry are the lack of predictability and the magnitude of such events – and how fast the industry can react and adapt. Hybrid operations might be one of the hospitality 4ndustry’s possible responses to increased risks.

2. Industry consolidation

Corporate consolidation has led to increasing concentration of size and power among the top players. Hotel operators will seek to expand their portfolios through targeted acquisitions of smaller regional chains. While the ultimate goal is to create value through cross-organizational synergies, this development also comes with downsides, as the management of structures with a diverse selection of geographies and a plethora of brands generates more complexity and threatens to increase overall rigidity.

Marriott and Hilton remain the world’s most valuable hospitality brands, valued in 2023 at $53.5B and $37.99B respectively.

3. New competition from tech and digital players

Are major technology firms such as Google or Facebook threatening to replace hotel brands by offering technological solutions and creating novel markets to attract new types of customers? Thanks to their control over all types of data related to customer behavior both off- and online, tech behemoths could oust traditional incumbents into niche markets. Companies that fail to identify their niche are at risk of becoming mere revenue generators for technology companies. Some big enough brands may survive, but their business will get tougher .

4. Skilled talent shortage

As the accommodation and restaurant industry is creating jobs at the fastest rate of any sector in the economy according to the International Labor Organization, fuelling this growth with the right skilled labor is yet another concern for owners. Attracting and retaining younger generations of hospitality professionals will require a lot of flexibility and attention from hoteliers in the future.

5. Energy crisis

The global energy crisis is the perfect storm of multiple factors causing a huge surge in energy demand which the limited global resources are struggling to fulfil. Added to this is Russia’s invasion of Ukraine, one of the main suppliers to Europe. Whilst the world grapples with accelerating the development of green infrastructure, the hospitality industry has an even bigger incentive to make efforts to switch to renewable energy sources where possible, not only as our environmental social responsibility but also to reduce the reliance on particular states which fuels the weaponization of energy.

6. Supply chain issues

Supply chain issues have affected most of the world, although Europe was the hardest hit, according to data from the 2022 State of the Third-Party Logistics Industry Report by Extensiv.

These issues are ongoing and are triggered by undulating demand, price volatility and uncertainty. The hospitality industry is affected on an operational level when bottlenecks cause delays on delivering food & drink, bed linen, housekeeping products and other replenishable goods. Running out of these items means giving customers a disappointing experience and leaving a poor impression that could diminish the business’s reputation.

7. Economic downturn

According to the UNWTO Panel of Experts , the economic situation remains the main factor weighing on the effective recovery of international tourism in 2023, with high inflation and rising oil prices translating into higher transport and accommodation costs. As a result, tourists are expected to increasingly seek value for money and travel closer to home.

Is there a silver lining? Well, we know that economic downturns make way for innovation and entrepreneurship ! The public needs new solutions for new problems, so now may just be the time to start thinking of your next business venture.

EHL Degree Programs  Which Master in Hospitality is right for you?  Discover which Master in Hospitality at EHL fits you best. It will only take  the time it would to make yourself a coffee  Start the quiz

Travelers' expectations have greatly evolved especially now that technology is taking center stage in every area of guest experience. As 2024 progresses, hospitality professionals are gearing up to leverage various innovations and strategies that promise to reshape customer satisfaction and industry standards. Here are hospitality trends 2024 elevating guest satisfaction and driving business growth.

1. Towards sustainable travel

The reasons we desire to travel are many and include experiencing the beautiful things the world has to offer, meeting new people, supporting local culture, etc. In fact, more than 33,000 travelers across 35 countries and territories have been surveyed in Booking.com's Sustainable Travel Report 2023 . 76% of global travelers say they want to travel sustainably over the next 12 months.

Ecotourism is all about intentionally organising travel plans in a way that doesn't harm the environment. Thankfully, sustainability is a major driving force in the hospitality industry, with hotels and restaurants welcoming eco-friendly initiatives to minimize their environmental footprint.

A growing number of hotels are rising to the challenge of running a sustainable business. Beyond plastic usage , general waste production, food waste, usage of local produce, energy and water consumption, and many other factors are to be considered for operators that are serious about their claim. Going one step further, the term sustainability is also often used not only for environmental protection but also corporations’ approach to managing their people and their finances. All across the board, resources of all kinds are being used more efficiently in the hospitality industry and while various strategies are being adopted by hotels, a paradigm shift is becoming more recognizable.

From implementing energy-efficient technologies to sourcing locally produced ingredients, businesses are prioritizing sustainability to appeal to eco-conscious travelers—which is echoed in the next point.

2. Wellness for holistic hospitality

A lot of guests today are looking for experiences that promote physical and mental well-being. Hotels that have embraced wellness travel can now cater to this demand by offering activities like yoga retreats, on-site spa treatments , fitness centers with cutting-edge equipment, and healthy dining options.

Creating a relaxing and stress-free environment through thought-out design elements can contribute to a holistic wellness encounter. Travelers return from their trip feeling refreshed, rejuvenated, and ready to take on their day-to-day life.

The wellness tourism market is projected to reach well over $1,700 billion, in accordance with Precedence Research . Even so, investing in the health niche is beneficial for guests and financially rewarding for businesses.

3. Enhanced experiences with advanced technology

The integration of artificial intelligence and other technologies is reshaping the hospitality industry. AI-powered chatbots are being employed for personalized customer service to provide instant assistance and support to guests throughout their stay. Whether it's answering inquiries, making reservations, or addressing issues, chatbots offer convenience for both guests and staff.

On the other hand, predictive analytics algorithms help with demand forecasting and pricing optimization. AI is gaining traction in the hospitality industry because of its enhanced data analytics of consumer behavior patterns and improved ability to meet client demands. Data-driven personalization enables hotels to tailor offerings and marketing messages to individual guest preferences.

Global Market Estimates predict that between 2021 and 2026, the niche will rise at a compound annual growth rate (CAGR) of approximately 10%. Robots are also making inroads into the hospitality industry in automating housekeeping tasks, food delivery, and concierge services. While robots cannot replace humans entirely, they free up hotel staff to focus on higher-level guest relations and contribute to operational efficiency.

Why contactless technology?

Contactless technology has become essential since the COVID-19 pandemic as a way to offer guests a safer, more convenient experience. These systems allow users to network with devices or complete transactions without physical contact, often achieved through short-range wireless communication, like tapping your phone to pay at a store.

Mobile check-in/out, digital room keys, and touchless payment options are now standard in most, if not all big hotel chains. This trend is expected to persist beyond 2024 as businesses prioritize contactless solutions to not only minimize the spread of germs but also meet a growing consumer preference for minimal physical contact.

Immersive virtual reality experiences

Hotels are using Virtual Reality or VR to offer immersive virtual tours so guests can preview accommodations and amenities before booking. While virtual reality offers the ultimate virtual experience, guest relations managers appreciate accessibility concerns.

For those without VR headsets, 360° videos provide a panoramic view of hotel space with just a phone or computer. Interactive floor plans also let you virtually walk through the hotel for a solid understanding of the layout. This has completely changed the way guests explore and engage with hospitality offerings.

VR-enhanced experiences, such as virtual city tours or immersive dining experiences create memorable moments for guests, too. VR technology will become more accessible in the future; therefore, its adoption in hospitality is a no-brainer.

Make each customer feel special with personalization

The global leader in employee and customer experience, Medallia Research Inc. , reports that 61% of consumers are willing to pay more for hyper-personalized experiences. Guests crave guest-centric services that cater to their every whim. This is not just about remembering names but also using guest data to anticipate preferences and offer tailored services .

Information can include previous booking history, preferred room types, special requests, dietary restrictions, leisure activities, and feedback from past stays. With collated information, hospitality teams can customize everything from room amenities to dining recommendations to boost guest satisfaction and loyalty.

Embracing experiential tourism

If you've been bitten by the travel bug and want something extraordinary, you should definitely consider experiential travel. The idea behind this travel concept is to forge a deeper connection with a given destination than can usually be had from traditional leisure holidays so guests experience it as authentically as possible.

These often involve an element of adventure, whether cultural, culinary, or spiritual; as such, tours mainly focus on less "touristy spots." For instance, after the pandemic, family ski vacations to Japan are preferable compared traditional choices like Aspen or Canada. Add-on experiences such as samurai sword-fighting or temple tours add an extra dimension to the travel experience.

Experiential tourism is now high on nearly every traveler's wish list because trips aren't restricted to international pursuits. This trend presents an opportunity for hotels to partner with local businesses and offer unique experiences like cooking classes, cultural excursions, and outdoor adventures. Such offerings create memorable and enriching guest experiences.

Integrating storytelling marketing

As the name suggests, storytelling marketing is a powerful tool for captivating audiences and creating emotional connections with brands. Hospitality businesses are now crafting authentic narratives to showcase their unique offerings, heritage, and values to resonate with guests on a deeper level. This type of marketing can also set the stage for experiential travel by providing context and inspiration for visitors.

Through captivating narratives, travelers can visualize themselves in the destination, immersing themselves in its culture, history, and natural beauty. Storytelling paints a vivid picture of the travel experience enough to spark curiosity and ignite wanderlust among potential travelers. When utilized properly, hotels and restaurants can differentiate themselves from their competitors and boost brand loyalty.

Technology integration for advanced data security

Data breaches can be devastating. Guests entrust hotels with sensitive personal information and as the hospitality industry becomes increasingly reliant on technology, data security is crucial. Hotels must implement robust cybersecurity measures to protect guest data and maintain trust.

This is where technology integration comes in; from cloud-based property management systems to smart room automation. It can ensure data security by implementing advanced encryption protocols and access controls across all integrated systems, safeguarding guest information from unauthorized access or breaches.

Further, continuous monitoring and regular updates of integrated technology systems can help detect and mitigate potential security threats. Embracing innovative technologies and staying abreast of industry trends can future-proof hotel business operations and boost guests' trust.

Commitment to net positivity

Sustainability is no longer a niche concern; it's an expectation for many travelers. Hotels that prioritize green practices like energy efficiency, water conservation, and local sourcing reduce their environmental footprint besides appealing to eco-conscious guests. The industry is moving beyond simply being sustainable to aiming for net positivity, with regenerative tourism that gives back to the environment.

Management with a vision

None of the discussed hospitality trends 2024 are possible without effective management. Leadership in the hotel industry requires a clear vision for the future, an ability to adapt to changing trends, and a commitment to continuous improvement. Hospitality leaders must invest in their own development and the teams they lead can ensure their businesses remain competitive and thrive in the years to come.

Future of hospitality

As an industry that depends on a stable environment in order to successfully operate - societal and environmental changes are having a greater impact on hospitality businesses compared to other industries. A recent global survey among CEOs by PwC has shown that heads of hospitality and leisure companies are notably less confident about their companies’ prospects for revenue growth in the near future than their counterparts in other sectors.

With disruptors in the industry, a wave of consolidation, and many external factors impacting their operations, hotel operators must find new ways to overcome these hurdles. Solutions to future challenges that companies are currently coming up with are the result of new thinking among the world’s business leaders and CEOs.

In a crowded field of competitors, hotels must find ways to distinguish themselves and position their property as distinctive destinations for customers , to develop preferences and loyalty in order to drive direct bookings. To do so, hotels must offer more highly personalized experiences that anticipate and go beyond the needs of their target customers – and count on word of mouth and allegiance to not only retain their customer base, but also grow it with more potential customers.

We have been a super good hospitality group for the last 50 years. We are not shying away from it. We are shifting and expanding the hospitality notion to Augmented Hospitality. We are being even more audacious and going one step further by saying: Since people want to be recognized, want to have something extremely personalized, why don't we try going from Augmented Hospitality to a Lifestyle Augmented Hospitality player? Sébastien Bazin, Chairman and CEO of Accor (Source: Accor TV - New Accor Strategy).

Other ways that are often discussed when dealing with the impending changes are the implementation of new technologies, training employees to move away from standard SOPs to become true high-touch experience providers and modernizing the service offering towards individualization and “lifestyle” to create true differentiation.

EHL Online certificates  Deepen your understanding of the hospitality industry & business management  A wide range of programs delivered online. Self-paced, accessible whenever and  wherever. Work and study at the same time!   Discover

Fully take advantage of technology and personalization to create experiences

A generational shift towards how travelers are consuming hospitality services is making hotels evolve from being mere suppliers of accommodation to experience providers, leading to a need for outstanding customer relationships across all stages of their customer booking journeys .

Focus on talent acquisition and retention

From targeted recruitment efforts to a meaningful interview process and to the actual hiring and onboarding, organizations that are well-equipped to recruit in the era of millennials think holistically about the overall experience delivered to potential hires .

Embrace sustainability as part of your business model

As a result, a growing number of international hotel companies have developed sustainability and corporate social responsibility strategies . These initiatives can be perceived as the beginning of a paradigm shift toward a more positive and conscious form of hospitality which is highly valued among consumers today.

Future of hospitality

Reshaping the future of hospitality jobs

Over the past two decades, the hospitality industry has experienced significant growth, with international arrivals doubling from 600 million to over 1.4 billion in 2016 .

In 2023 however, in the wake of the global pandemic and facing increasing economic uncertainty hospitality has shown that it is resilient and a sector that consumers are just not willing forego entirely. Travel and tourism is an integral part of our lives therefore even as the global economy retracts the industry will always bounce back. This ability to withstand difficult times makes it a viable sector to launch a career for anyone with a hospitality mindset and appreciation for top-level service, culture, and leisure experiences.

It's clear that the industry is evolving and adapting all the time, making it a fantastic career opportunity for the problem solvers and innovators of tomorrow. Hospitality Management will provide a career rich in experiences, human connection, personal development and comes with many perks.

Employers across the board are looking for professionals with a combination of both hard and soft skills . In hospitality, developing skills such as cultural awareness, multitasking, customer service and communications is paramount to effectively deliver outstanding customer experiences.

The increasing complexity of the hospitality sector and evolution of its modus operandi - due to the expanded use of technology and data, the evolution of business models with the separation of management from operations or the ever-increasing trend of brands becoming publishers - is leading to the creation of new job profiles , such as asset managers, data scientists or content marketing specialists.

The Covid-19 crisis has underlined the global importance of the travel and tourism industry economically as well as its interconnection with other industries. From small tour operators to multinational hotel chains and major airlines, everyone in the industry has been impacted and continue to reset and recover.

To every negative repercussions of a crisis there is also some positive change that could be foreseen for the future. The World Economic Forum’s recent “Rebuilding Travel and Tourism panel” at the “Sustainable Development Impact Summit” explored the intersection of consumer consciousness, acceleration of technology and destination management and found some solutions that could have the potential to reshape the way we market, manage and plan our travel:

  • Travelers are becoming more impact-conscious
  • Tourists are looking for experiences in nature
  • Digital solutions are improving sustainability
  • Long-term progress requires cooperation

The end result is in an industry that will recover as it is an essential part of modern human lives that derive much pleasure and discovery from it. It is simultaneously undergoing huge digital transformation and other shifts to adapt to consumer sentiment, therefore a career in hospitality won't necessarily be a quiet one, but it will be an exciting adventure with a multitude of possible career paths to explore.

EHL Insights

Keep reading

hotel manager

What does a Hotel Manager do?

May 02, 2024

Luxury hotel branding

Luxury hotels and a ‘sense of place’: The challenge for hoteliers

May 01, 2024

well-being in hospitality

Enhancing hotel guests’ well-being: Academic insights for hoteliers

Apr 25, 2024

The best step-up for a successful career in hospitality

Our Master's in Hospitality Management is an internationally recognized MSc qualification. You will have a choice of four academic routes:  CSR & Sustainable Transformation, Finance, Real Estate & Consulting,   Food & Beverage Management, or Luxury Experience Management.   These routes enable you to specialize through your studies.

This is a title

This is a text

  • Bachelor Degree in Hospitality
  • Pre-University Courses
  • Master’s Degrees & MBA Programs
  • Executive Education
  • Online Courses
  • Swiss Professional Diplomas
  • Culinary Certificates & Courses
  • Fees & Scholarships
  • Bachelor in Hospitality Admissions
  • EHL Campus Lausanne
  • EHL Campus (Singapore)
  • EHL Campus Passugg
  • Host an Event at EHL
  • Contact our program advisors
  • Join our Open Days
  • Meet EHL Representatives Worldwide
  • Chat with our students
  • Why Study Hospitality?
  • Careers in Hospitality
  • Awards & Rankings
  • EHL Network of Excellence
  • Career Development Resources
  • EHL Hospitality Business School
  • Route de Berne 301 1000   Lausanne 25 Switzerland
  • Accreditations & Memberships
  • Privacy Policy
  • Legal Terms

© 2024 EHL Holding SA, Switzerland. All rights reserved.

Reimagining the $9 trillion tourism economy—what will it take?

Tourism made up 10 percent of global GDP in 2019 and was worth almost $9 trillion, 1 See “Economic impact reports,” World Travel & Tourism Council (WTTC), wttc.org. making the sector nearly three times larger than agriculture. However, the tourism value chain of suppliers and intermediaries has always been fragmented, with limited coordination among the small and medium-size enterprises (SMEs) that make up a large portion of the sector. Governments have generally played a limited role in the industry, with partial oversight and light-touch management.

COVID-19 has caused an unprecedented crisis for the tourism industry. International tourist arrivals are projected to plunge by 60 to 80 percent in 2020, and tourism spending is not likely to return to precrisis levels until 2024. This puts as many as 120 million jobs at risk. 2 “International tourist numbers could fall 60-80% in 2020, UNWTO reports,” World Tourism Organization, May 7, 2020, unwto.org.

Reopening tourism-related businesses and managing their recovery in a way that is safe, attractive for tourists, and economically viable will require coordination at a level not seen before. The public sector may be best placed to oversee this process in the context of the fragmented SME ecosystem, large state-owned enterprises controlling entry points, and the increasing impact of health-related agencies. As borders start reopening and interest in leisure rebounds in some regions , governments could take the opportunity to rethink their role within tourism, thereby potentially both assisting in the sector’s recovery and strengthening it in the long term.

In this article, we suggest four ways in which governments can reimagine their role in the tourism sector in the context of COVID-19.

1. Streamlining public–private interfaces through a tourism nerve center

Before COVID-19, most tourism ministries and authorities focused on destination marketing, industry promotions, and research. Many are now dealing with a raft of new regulations, stimulus programs, and protocols. They are also dealing with uncertainty around demand forecasting, and the decisions they make around which assets—such as airports—to reopen will have a major impact on the safety of tourists and sector employees.

Coordination between the public and private sectors in tourism was already complex prior to COVID-19. In the United Kingdom, for example, tourism falls within the remit of two departments—the Department for Business, Energy, and Industrial Strategy (BEIS) and the Department for Digital, Culture, Media & Sport (DCMS)—which interact with other government agencies and the private sector at several points. Complex coordination structures often make clarity and consistency difficult. These issues are exacerbated by the degree of coordination that will be required by the tourism sector in the aftermath of the crisis, both across government agencies (for example, between the ministries responsible for transport, tourism, and health), and between the government and private-sector players (such as for implementing protocols, syncing financial aid, and reopening assets).

Concentrating crucial leadership into a central nerve center  is a crisis management response many organizations have deployed in similar situations. Tourism nerve centers, which bring together public, private, and semi-private players into project teams to address five themes, could provide an active collaboration framework that is particularly suited to the diverse stakeholders within the tourism sector (Exhibit 1).

We analyzed stimulus packages across 24 economies, 3 Australia, Bahrain, Belgium, Canada, Egypt, Finland, France, Germany, Hong Kong, Indonesia, Israel, Italy, Kenya, Malaysia, New Zealand, Peru, Philippines, Singapore, South Africa, South Korea, Spain, Switzerland, Thailand, and the United Kingdom. which totaled nearly $100 billion in funds dedicated directly to the tourism sector, and close to $300 billion including cross-sector packages with a heavy tourism footprint. This stimulus was generally provided by multiple entities and government departments, and few countries had a single integrated view on beneficiaries and losers. We conducted surveys on how effective the public-sector response has been and found that two-thirds of tourism players were either unaware of the measures taken by government or felt they did not have sufficient impact. Given uncertainty about the timing and speed of the tourism recovery, obtaining quick feedback and redeploying funds will be critical to ensuring that stimulus packages have maximum impact.

2. Experimenting with new financing mechanisms

Most of the $100 billion stimulus that we analyzed was structured as grants, debt relief, and aid to SMEs and airlines. New Zealand has offered an NZ $15,000 (US $10,000) grant per SME to cover wages, for example, while Singapore has instituted an 8 percent cash grant on the gross monthly wages of local employees. Japan has waived the debt of small companies where income dropped more than 20 percent. In Germany, companies can use state-sponsored work-sharing schemes for up to six months, and the government provides an income replacement rate of 60 percent.

Our forecasts indicate that it will take four to seven years for tourism demand to return to 2019 levels, which means that overcapacity will be the new normal in the medium term. This prolonged period of low demand means that the way tourism is financed needs to change. The aforementioned types of policies are expensive and will be difficult for governments to sustain over multiple years. They also might not go far enough. A recent Organisation for Economic Co-operation and Development (OECD) survey of SMEs in the tourism sector suggested more than half would not survive the next few months, and the failure of businesses on anything like this scale would put the recovery far behind even the most conservative forecasts. 4 See Tourism policy responses to the coronavirus (COVID-19), OECD, June 2020, oecd.org. Governments and the private sector should be investigating new, innovative financing measures.

Revenue-pooling structures for hotels

One option would be the creation of revenue-pooling structures, which could help asset owners and operators, especially SMEs, to manage variable costs and losses moving forward. Hotels competing for the same segment in the same district, such as a beach strip, could have an incentive to pool revenues and losses while operating at reduced capacity. Instead of having all hotels operating at 20 to 40 percent occupancy, a subset of hotels could operate at a higher occupancy rate and share the revenue with the remainder. This would allow hotels to optimize variable costs and reduce the need for government stimulus. Non-operating hotels could channel stimulus funds into refurbishments or other investment, which would boost the destination’s attractiveness. Governments will need to be the intermediary between businesses through auditing or escrow accounts in this model.

Joint equity funds for small and medium-size enterprises

Government-backed equity funds could also be used to deploy private capital to help ensure that tourism-related SMEs survive the crisis (Exhibit 2). This principle underpins the European Commission’s temporary framework for recapitalization of state-aided enterprises, which provided an estimated €1.9 trillion in aid to the EU economy between March and May 2020. 5 See “State aid: Commission expands temporary framework to recapitalisation and subordinated debt measures to further support the economy in the context of the coronavirus outbreak,” European Commission, May 8, 2020, ec.europa.eu. Applying such a mechanism to SMEs would require creating an appropriate equity-holding structure, or securitizing equity stakes in multiple SMEs at once, reducing the overall risk profile for the investor. In addition, developing a standardized valuation methodology would avoid lengthy due diligence processes on each asset. Governments that do not have the resources to co-invest could limit their role to setting up those structures and opening them to potential private investors.

3. Ensuring transparent, consistent communication on protocols

The return of tourism demand requires that travelers and tourism-sector employees feel—and are—safe. Although international organizations such as the International Air Transport Association (IATA), and the World Travel & Tourism Council (WTTC) have developed a set of guidelines to serve as a baseline, local regulators are layering additional measures on top. This leads to low levels of harmonization regarding regulations imposed by local governments.

Our surveys of traveler confidence in the United States  suggests anxiety remains high, and authorities and destination managers must work to ensure travelers know about, and feel reassured by, protocols put in place for their protection. Our latest survey of traveler sentiment in China  suggests a significant gap between how confident travelers would like to feel and how confident they actually feel; actual confidence in safety is much lower than the expected level asked a month before.

One reason for this low level of confidence is confusion over the safety measures that are currently in place. Communication is therefore key to bolstering demand. Experience in Europe indicates that prompt, transparent, consistent communications from public agencies have had a similar impact on traveler demand as CEO announcements have on stock prices. Clear, credible announcements regarding the removal of travel restrictions have already led to increased air-travel searches and bookings. In the week that governments announced the removal of travel bans to a number of European summer destinations, for example, outbound air travel web search volumes recently exceeded precrisis levels by more than 20 percent in some countries.

The case of Greece helps illustrate the importance of clear and consistent communication. Greece was one of the first EU countries to announce the date of, and conditions and protocols for, border reopening. Since that announcement, Greece’s disease incidence has remained steady and there have been no changes to the announced protocols. The result: our joint research with trivago shows that Greece is now among the top five summer destinations for German travelers for the first time. In July and August, Greece will reach inbound airline ticketing levels that are approximately 50 percent of that achieved in the same period last year. This exceeds the rate in most other European summer destinations, including Croatia (35 percent), Portugal (around 30 percent), and Spain (around 40 percent). 6 Based on IATA Air Travel Pulse by McKinsey. In contrast, some destinations that have had inconsistent communications around the time frame of reopening have shown net cancellations of flights for June and July. Even for the high seasons toward the end of the year, inbound air travel ticketing barely reaches 30 percent of 2019 volumes.

Digital solutions can be an effective tool to bridge communication and to create consistency on protocols between governments and the private sector. In China, the health QR code system, which reflects past travel history and contact with infected people, is being widely used during the reopening stage. Travelers have to show their green, government-issued QR code before entering airports, hotels, and attractions. The code is also required for preflight check-in and, at certain destination airports, after landing.

4. Enabling a digital and analytics transformation within the tourism sector

Data sources and forecasts have shifted, and proliferated, in the crisis. Last year’s demand prediction models are no longer relevant, leaving many destinations struggling to understand how demand will evolve, and therefore how to manage supply. Uncertainty over the speed and shape of the recovery means that segmentation and marketing budgets, historically reassessed every few years, now need to be updated every few months. The tourism sector needs to undergo an analytics transformation to enable the coordination of marketing budgets, sector promotions, and calendars of events, and to ensure that products are marketed to the right population segment at the right time.

Governments have an opportunity to reimagine their roles in providing data infrastructure and capabilities to the tourism sector, and to investigate new and innovative operating models. This was already underway in some destinations before COVID-19. Singapore, for example, made heavy investments in its data and analytics stack over the past decade through the Singapore Tourism Analytics Network (STAN), which provided tourism players with visitor arrival statistics, passenger profiling, spending data, revenue data, and extensive customer-experience surveys. During the COVID-19 pandemic, real-time data on leading travel indicators and “nowcasts” (forecasts for the coming weeks and months) could be invaluable to inform the decisions of both public-sector and private-sector entities.

This analytics transformation will also help to address the digital gap that was evident in tourism even before the crisis. Digital services are vital for travelers: in 2019, more than 40 percent of US travelers used mobile devices to book their trips. 7 Global Digital Traveler Research 2019, Travelport, marketing.cloud.travelport.com; “Mobile travel trends 2019 in the words of industry experts,” blog entry by David MacHale, December 11, 2018, blog.digital.travelport.com. In Europe and the United States, as many as 60 percent of travel bookings are digital, and online travel agents can have a market share as high as 50 percent, particularly for smaller independent hotels. 8 Sean O’Neill, “Coronavirus upheaval prompts independent hotels to look at management company startups,” Skift, May 11, 2020, skift.com. COVID-19 is likely to accelerate the shift to digital as travelers look for flexibility and booking lead times shorten: more than 90 percent of recent trips in China  were booked within seven days of the trip itself. Many tourism businesses have struggled to keep pace with changing consumer preferences around digital. In particular, many tourism SMEs have not been fully able to integrate new digital capabilities in the way that larger businesses have, with barriers including language issues, and low levels of digital fluency. The commission rates on existing platforms, which range from 10 percent for larger hotel brands to 25 percent for independent hotels, also make it difficult for SMEs to compete in the digital space.

Governments are well-positioned to overcome the digital gap within the sector and to level the playing field for SMEs. The Tourism Exchange Australia (TXA) platform, which was created by the Australian government, is an example of enabling at scale. It acts as a matchmaker, connecting suppliers with distributors and intermediaries to create packages attractive to a specific segment of tourists, then uses tourist engagement to provide further analytical insights to travel intermediaries (Exhibit 3). This mechanism allows online travel agents to diversify their offerings by providing more experiences away from the beaten track, which both adds to Australia’s destination attractiveness, and gives small suppliers better access to customers.

Government-supported platforms or data lakes could allow the rapid creation of packages that include SME product and service offerings.

Governments that seize the opportunity to reimagine tourism operations and oversight will be well positioned to steer their national tourism industries safely into—and set them up to thrive within—the next normal.

Download the article in Arabic  (513KB)

Margaux Constantin is an associate partner in McKinsey’s Dubai office, Steve Saxon is a partner in the Shanghai office, and Jackey Yu  is an associate partner in the Hong Kong office.

The authors wish to thank Hugo Espirito Santo, Urs Binggeli, Jonathan Steinbach, Yassir Zouaoui, Rebecca Stone, and Ninan Chacko for their contributions to this article.

Explore a career with us

Related articles.

Make it better, not just safer: The opportunity to reinvent travel

Make it better, not just safer: The opportunity to reinvent travel

Hospitality and COVID-19: How long until ‘no vacancy’ for US hotels?

Hospitality and COVID-19: How long until ‘no vacancy’ for US hotels?

A new approach in tracking travel demand

A new approach in tracking travel demand

  • Open access
  • Published: 25 November 2023

Systematic review and research agenda for the tourism and hospitality sector: co-creation of customer value in the digital age

  • T. D. Dang   ORCID: orcid.org/0000-0003-0930-381X 1 , 2 &
  • M. T. Nguyen 1  

Future Business Journal volume  9 , Article number:  94 ( 2023 ) Cite this article

2355 Accesses

1 Citations

Metrics details

A Correction to this article was published on 07 February 2024

This article has been updated

The tourism and hospitality industries are experiencing transformative shifts driven by the proliferation of digital technologies facilitating real-time customer communication and data collection. This evolution towards customer value co-creation demands a paradigm shift in management attitudes and the adoption of cutting-edge technologies like artificial intelligence (AI) and the Metaverse. A systematic literature review using the PRISMA method investigated the impact of customer value co-creation through the digital age on the tourism and hospitality sector. The primary objective of this review was to examine 27 relevant studies published between 2012 and 2022. Findings reveal that digital technologies, especially AI, Metaverse, and related innovations, significantly enhance value co-creation by allowing for more personalized, immersive, and efficient tourist experiences. Academic insights show the exploration of technology’s role in enhancing travel experiences and ethical concerns, while from a managerial perspective, AI and digital tools can drive industry success through improved customer interactions. As a groundwork for progressive research, the study pinpoints three pivotal focal areas for upcoming inquiries: technological, academic, and managerial. These avenues offer exciting prospects for advancing knowledge and practices, paving the way for transformative changes in the tourism and hospitality sectors.

Introduction

The tourism and hospitality industry is constantly evolving, and the digital age has brought about numerous changes in how businesses operate and interact with their customers [ 1 ]. One such change is the concept of value co-creation, which refers to the collaborative process by which value is created and shared between a business and its customers [ 2 , 3 ]. In order to facilitate the value co-creation process in tourism and hospitality, it is necessary to have adequate technologies in place to enable the participation of all stakeholders, including businesses, consumers, and others [ 4 , 5 ]. Thus, technology serves as a crucial enabler for value co-creation. In the tourism and hospitality industry, leading-edge technology can be crucial in co-creation value processes because it can facilitate the creation and exchange of value among customers and businesses [ 6 , 7 ]. For example, the development of cloud computing and virtual reality technologies has enabled new forms of collaboration and co-creation that were not possible before [ 8 , 9 , 10 ]. Recent technologies like AI, Metaverse, and robots have revolutionized tourism and hospitality [ 11 , 12 , 13 ]. These technologies are used in various ways to enhance the customer experience and drive business success. AI can personalize the customer experience using customer data and personalized recommendations [ 14 ]. It can also optimize operations by automating tasks and improving decision-making. The metaverse, or virtual reality (VR) and augmented reality (AR) technologies, are being used to offer immersive and interactive experiences to customers [ 10 , 11 ]. For example, VR and AR can create virtual tours of hotels and destinations or offer interactive experiences such as virtual cooking classes or wine tastings [ 15 ]. Robots are being used to aid and interact with customers in various settings, including hotels, restaurants, and tourist attractions. For example, robots can provide information, answer questions, and even deliver room services [ 12 , 16 ]. The COVID-19 pandemic has underscored the crucial interplay between public health, sustainable development, and digital innovations [ 17 ]. Globally, the surge in blockchain applications, particularly in the business, marketing and finance sectors, signifies the technological advancements reshaping various industries [ 18 ]. These developments, coupled with integrating digital solutions during the pandemic, highlight the pervasive role of technology across diverse sectors [ 19 , 20 , 21 ]. These insights provide a broader context for our study of the digital transformation in the tourism and hospitality sectors. Adopting new technologies such as AI, the Metaverse, blockchain and robots is helping the tourism and hospitality industry deliver customers a more personalized, convenient, and immersive experience [ 22 ]. As these technologies continue to evolve and become more prevalent, businesses in the industry need to stay up-to-date and consider how they can leverage these technologies to drive success [ 23 , 24 ].

Despite the growing body of literature on customer value co-creation in the tourism and hospitality sector, it remains scattered and fragmented [ 2 , 25 , 26 ]. To consolidate this research and provide a comprehensive summary of the current understanding of the subject, we conducted a systematic literature review using the PRISMA 2020 (“ Preferred Reporting Items for Systematic Reviews and Meta-Analyses ”) approach [ 27 , 28 ]. This systematic review aims to explore three primary areas of inquiry related to the utilization of AI and new technologies in the tourism and hospitality industry: (i) From a technology perspective, what are the main types of AI and latest technologies that have been used to enhance co-creation values in tourism and hospitality?; (ii) From an academic viewpoint—What are the future research directions in this sector?; (iii) From a managerial standpoint—How can these technologies be leveraged to enhance customer experiences and drive business success?. In essence, this study contributes valuable insights into the dynamic realm of customer value co-creation in the digital age within the tourism and hospitality sector. By addressing the research questions and identifying gaps in the literature, our systematic literature review seeks to provide novel perspectives on leveraging technology to foster industry advancements and enhance customer experiences.

The remaining parts of this article are structured in the following sections: “ Study background ” section outlines pertinent background details for our systematic literature review. In “ Methodology ” section details our research objectives, queries, and the systematic literature review protocol we used in our study design. In “ Results ” section offers the findings based on the analyzed primary research studies. Lastly, we conclude the article, discuss the outstanding work, and examine the limitations to the validity of our study in “ Discussion and implications ” section.

Study background

Amidst the COVID-19 pandemic, the tourism sector is experiencing significant transformations. Despite the substantial impact on the tourism industry, the demand for academic publications about tourism remains unabated. In this recovery phase, AI and novel technologies hold immense potential to assist the tourism and hospitality industry by tackling diverse challenges and enhancing overall efficiency. In this section, the study provides some study background for the review processes.

The relationship between tourism and hospitality

Tourism and hospitality are closely related industries, as the hospitality industry plays a crucial role in the tourism industry [ 29 ]. Academics and practitioners often examine tourism and hospitality because they are related industries [ 2 , 30 ]. Hospitality refers to providing travelers and tourists accommodation, food, and other services [ 31 ]. These can include hotels, resorts, restaurants, and other types of establishments that cater to the needs of travelers [ 32 ]. On the other hand, the tourism industry encompasses all the activities and services related to planning, promoting, and facilitating travel [ 31 ]; transportation, tour operators, travel agencies, and other businesses that help facilitate tourist travel experiences [ 33 ]. Both industries rely on each other to thrive, as travelers need places to stay and eat while on vacation, and hospitality businesses rely on tourists for their income [ 32 , 33 , 34 ].

In recent years, the tourism industry has undergone significant changes due to the increasing use of digital technologies, enabling the development of new forms of tourism, such as “smart tourism” [ 8 , 10 ]. Smart tourism refers to using digital technologies to enhance the customer experience and improve the efficiency and effectiveness of the industry [ 1 ]. These technologies, including AI and Metaverse, can be used in various aspects of the tourism industry, such as booking and reservation processes, customer service, and the management of tourist attractions [ 4 , 11 ]. The hospitality industry, which includes hotels and restaurants, is closely linked to the tourism industry and is also adopting intelligent technologies to improve the customer experience and increase efficiency [ 1 , 22 ]. Recent studies have explored the impact of these technologies on the tourism and hospitality sectors and have identified both benefits and challenges for stakeholders [ 10 , 35 , 36 ].

Customer value co-creation in tourism and hospitality

Customer value co-creation in tourism and hospitality refers to the process by which customers and businesses collaborate to create value by exchanging services, information, and experiences [ 2 , 33 ]. This process involves the customer and the business actively creating value rather than simply providing a product or service to the customer [ 37 ]. Studies have found that customer value co-creation in tourism and hospitality can increase customer satisfaction and loyalty [ 2 ]. When customers feel that they can contribute to the value of their experience, they are more likely to feel a sense of ownership and involvement, which can lead to a more positive overall evaluation of the experience [ 5 , 38 ]. In the tourism industry, customer value co-creation can increase satisfaction with the destination, trips, accommodation, services, and overall experiences [ 4 ]. These can be achieved by allowing customers to choose their room amenities or providing opportunities to interact with staff and other guests [ 5 , 39 ]. Customer value co-creation in tourism and hospitality can be a powerful solution for businesses to increase customer satisfaction and loyalty. By actively involving customers in creating value, businesses can create a more personalized and engaging experience for their customers.

AI, Metaverse, and new technologies in tourism and hospitality

The impact of AI, the Metaverse, and new technologies on the tourism and hospitality industries is an area of active research and debate [ 2 , 4 , 29 , 40 ]. First, using AI and new technology in tourism and hospitality can improve the customer experience, increase efficiency, and reduce costs [ 13 , 41 , 42 , 43 ]. For instance, chatbots and virtual assistants facilitate tasks like room bookings or restaurant reservations for customers. Concurrently, machine learning (ML) algorithms offer optimized pricing and marketing strategies and insights into customer perceptions within the tourism and hospitality sectors [ 44 , 45 , 46 , 47 ]. However, there are also concerns about the potential negative impact of AI on employment in the industry [ 48 ]. Second, The emergence of the Metaverse, a virtual shared space where people can interact in real time, can potentially revolutionize the tourism and hospitality industries [ 10 ]. For example, VR and AR experiences could allow travelers to visit and explore destinations without leaving their homes [ 15 , 49 ], while online events and social gatherings could provide new business opportunities to connect with customers [ 11 ]. However, it is unclear how the Metaverse will evolve and its long-term impact on the tourism and hospitality industries [ 4 , 10 , 11 ]. Last, other emerging technologies, such as blockchain, AI-Robotics, and the Internet of Things (IoT), can potentially transform the tourism and hospitality industries [ 18 , 45 , 48 ]. For example, blockchain could be used to secure and track the movement of travel documents [ 18 ], while IoT-enabled devices could improve the efficiency and personalization of the customer experience [ 50 ]. As with AI and the Metaverse, it is difficult to predict the exact impact of these technologies on the industry, but they are likely to play a significant role in shaping its future [ 18 , 40 ]. In the aftermath of the pandemic, the healthcare landscape within the tourism and hospitality sector is undergoing significant transformations driven by the integration of cutting-edge AI and advanced technologies [ 38 , 51 , 52 ]. These technological advancements have paved the way for personalized and seamless experiences for travelers, with AI-powered chatbots playing a pivotal role in addressing medical inquiries and innovative telemedicine solutions ensuring the well-being of tourists [ 52 , 53 ].

This study background provides essential context for the subsequent systematic literature review, as it contextualizes the field’s key concepts, frameworks, and emerging technologies. By examining these aspects, the study aims to contribute valuable insights into the post-pandemic recovery of the tourism and hospitality industry, paving the way for future research opportunities and advancements in the field.

Methodology

This study meticulously adopted a systematic literature review process grounded in a pre-defined review protocol to provide a thorough and objective appraisal [ 54 ]. This approach was geared to eliminate potential bias and uphold the integrity of study findings. The formulation of the review protocol was a collaborative effort facilitated by two researchers. This foundational document encompasses (i) Clear delineation of the study objectives, ensuring alignment with the research aim; (ii) A thorough description of the methods used for data collection and assessment, which underscores the replicability of our process; (iii) A systematic approach for synthesizing and analyzing the selected studies, promoting consistency and transparency.

Guiding the current review process was the PRISMA methodology, a renowned and universally esteemed framework that has set a gold standard for conducting systematic reviews in various scientific disciplines [ 27 , 28 ]. The commendable efficacy of PRISMA in service research substantiates its methodological robustness and reliability [ 55 ]. It is not only the rigorous nature of PRISMA but also its widespread acceptance in service research that accentuates its fittingness for this research. Given tourism and hospitality studies’ intricate and evolving nature, PRISMA is a robust compass to guide our SLR, ensuring methodological transparency and thoroughness [ 56 , 57 ]. In essence, the PRISMA approach does not merely dictate the procedural intricacies of the review but emphasizes clarity, precision, and transparency at every phase. The PRISMA methodology presents the research journey holistically, from its inception to its conclusions, providing readers with a clear and comprehensive understanding of the approach and findings [ 58 ].

Utilizing the goal-question-metrics approach [ 59 ], our study aims to analyze current scientific literature from the perspectives of technicians, researchers, and practitioners to comprehend customer value co-creation through the digital age within the Tourism and Hospitality sector. In order to accomplish this goal, we formulated the following research questions:

What are the main types of AI and new technologies used to enhance value co-creation in the tourism and hospitality industries?

What are the future research directions in customer value co-creation through AI and new technologies in the tourism and hospitality sector?

How do managers in the tourism and hospitality sector apply AI and new technologies to enhance customer co-creation value and drive business success?

The subsequent subsections will provide further details regarding our search and analysis strategies.

Search strategy and selection criteria

We collected our data by searching for papers in the Scopus and Web of Science databases, adhering to rigorous scientific standards. We included only international peer-reviewed academic journal articles, excluding publications like books, book chapters, and conference proceedings [ 60 , 61 , 62 ]. The research process covered the period from 2009 to 2022, as this timeframe aligns with the publication of the first studies on value co-creation in the tourism industry in 2009 and the first two studies on value co-creation in general in 2004 [ 63 , 64 ]. The selection of sources was based on criteria such as timelines, availability, quality, and versatility, as discussed by Dieste et al. [ 2 ]. We employed relevant keywords, synonyms, and truncations for three main concepts: tourism and hospitality, customer value co-creation, and AI and new technologies in smart tourism and hospitality. To ensure transparency and comprehensiveness, we followed the PRISMA inclusion criteria, detailed in Table 1 , and utilized topic and Boolean/phrase search modes to retrieve papers published from 2009 to 2022. The final search string underwent validation by experts to ensure accuracy and comprehensiveness:

A PRISMA diagram was produced to understand better this study’s search strategy and record selection.

Study selection and analysis procedure

The current study utilized the PRISMA framework to document our review process. One hundred two papers were retrieved during the initial search across the databases. Table 1 outlines the criteria for selecting the studies based on scope and quality. The study adhered to the PRISMA procedure (as shown in Fig.  1 ) and applied the following filters:

We identified and removed 17 duplicate records during the ‘identification’ step.

We excluded 27 publications in the ‘Screening’ step based on the title and abstract.

We excluded 31 publications based on the entire text in the eligibility step.

figure 1

PRISMA flow diagram

As a result, we were left with a final collection of 27 journal articles for downloading and analysis. Two trained research assistants conducted title and abstract screenings separately, and any disagreements about inclusion were resolved by discussing them with the research coordinator until an agreement was reached. Papers not in English, papers from meetings, books, editorials, news, reports, and patents were excluded, as well as unrelated or incomplete papers and studies that did not focus on the tourism and hospitality domain. A manual search of the reference lists of each paper was conducted to identify relevant papers that were not found in the database searches. After this process, 27 papers were left for a full-text review.

This study used the Mixed Methods Appraisal Tool (MMAT) to evaluate the quality of qualitative, quantitative, and mixed methods research studies included [ 65 , 66 ]. According to the findings, the quality of the study met the standards of a systematic review. Additional information can be obtained from Additional file 1 : Appendix 1.

In this section, we will report the results of our data analysis for each research question. We will begin by describing the characteristics of the studies included in the systematic literature review, such as (1) publication authors, titles, years and journals, topics, methods, and tools used in existing studies. Then each facet was elaborated by the following questions: (i) What are the main types of AI and new technologies used to enhance value co-creation in the tourism and hospitality industries? (ii) What are the future research directions in customer value co-creation through AI and new technologies in the tourism and hospitality sector? (iii) How do managers in the tourism and hospitality sector apply AI and new technologies to enhance customer co-creation value and drive business success?

Studies demographics

Figure  2 shows the yearly publication of articles on customer co-creation of value in tourism and hospitality through AI and new technologies. The chart’s data suggests two main findings. Firstly, the research on customer value co-creation in tourism and hospitality through AI and new technologies is still in its early stages (1 paper in 2012). However, the annual number of published articles from 2017 to the present appears to be generally increasing. This trend implies that the application of value co-creation in this field is gaining academic attention and is becoming an emerging research area. Based on this trend, we anticipate seeing more studies on this topic published in the following years.

figure 2

Publication Years with research methods

Regarding research type, 14 papers (52%) conducted quantitative research, employing statistical analysis, structural equation modeling, and data mining methods. Meanwhile, 11 papers (41%) conducted qualitative research using interviews, thematic analysis, and descriptive analysis. Only two papers (7%) used mixed research (combining quantitative and qualitative methods). The survey and interview methods (both individual and group) were found to be more common than other research methods. This suggests that interviews provide greater insight into participant attitudes and motivations, enhancing accuracy in quantitative and qualitative studies. Additionally, certain studies employed content analysis, big data analysis using UGC, and data from online platforms, social media, and big data.

Regarding the publishing journals, we found that 27 papers were published in 22 journals (refer to Table 2 ), where three journals had more than one paper on co-creation value through AI and new technologies in tourism and hospitality, indicating their keen interest in this topic. Most publications were in the Journal of Business Research, with four studies on co-creation value through AI and new technologies in tourism and hospitality. Two related studies were published in the Tourism Management Perspectives and Journal of Destination Marketing & Management. This distribution indicates that most current research on co-creation value through AI and new technologies in tourism and hospitality was published in journals in the tourism and hospitality management field. However, some journals in the computer and AI field have also published papers on co-creation value through AI and new technologies in tourism and hospitality, including Computers in Industry, Computers in Human Behavior, Computational Intelligence, and Neuroscience.

Regarding data analytics tools, SmartPLS, AMOS, NVivo and PROCESS tools are the 5 most popular software graphic tools used in studies, while Python and R are the two main types of programming languages used. In total, 27 studies, 14 refer to using AI applications and data analytics in this research flow. Metaverse and relative technologies such as AR and VR were included in 8 studies. Three studies used service robots to discover the value co-creation process. There are include two studies that have used chatbots and virtual assistants.

Publication years and journals

In recent systematic literature reviews focusing on general services, tourism, and hospitality, there has been a notable emphasis on traditional factors shaping customer experience [ 26 , 67 , 68 ]. However, this study uniquely positions itself by emphasizing the digital age’s profound impact on value co-creation within this sector. The subsequent part digs more into the specifics of this study, building on these parallels. The detailed findings offer nuanced insights into how value co-creation in tourism and hospitality has evolved, providing a more extensive understanding than previous works.

Result 1—technology viewpoints: What are the main types of AI and new technologies used to enhance value co-creation in the tourism and hospitality industries?

Several types of AI and new technologies have been used to enhance co-creation values in the tourism and hospitality industry. Nowadays, AI, ML, and deep learning can all be used to enhance customer value co-creation in the tourism and hospitality industry [ 42 , 69 , 70 ]. There are some AI applications identified through the review process:

First, personalization and customized recommendations: AI and ML can be used to analyze customer data, such as their past bookings, preferences, and reviews, to personalize recommendations and experiences for them [ 7 , 69 , 71 , 72 ]. Cuomo et al. examine how data analytics techniques, including AI and ML, can improve traveler experience in transportation services. Applying AI and ML can help customers discover new experiences and activities they may not have considered otherwise [ 13 ]. Relating to data mining applications, Ngamsirijit examines how data mining can be used to create value in creative tourism. Moreover, the study also discusses the need for co-creation to create a successful customer experience in creative tourism and ways data mining can enhance the customer experience [ 73 ].

Second, user-generated content and sentiment analysis: ML and Natural Language Processing (NLP) can be used to analyze user-generated content such as reviews and social media posts to understand customer needs and preferences [ 12 , 37 ]. This can help businesses identify opportunities to create customer value [ 74 ]. NLP can analyze customer reviews and feedback to understand the overall sentiment toward a hotel or destination [ 75 ]. This can help businesses identify areas for improvement and create a better customer experience [ 70 ]. In the study using NLP to analyze data from Twitter, Liu et al. examine the impact of luxury brands’ social media marketing on customer engagement. The authors discuss how big data analytics and NLP can be used to analyze customer conversations and extract valuable insights about customer preferences and behaviors [ 74 ].

Third, recent deep learning has developed novel models that create business value by forecasting some parameters and promoting better offerings to tourists [ 71 ]. Deep learning can analyze large amounts of data and make more accurate predictions or decisions [ 39 , 41 ]. For example, a deep learning model could predict the likelihood of a customer returning to a hotel based on their past bookings and interactions with the hotel [ 72 ].

Some applications of the latest technologies that have been used to enhance co-creation values in tourism and hospitality include

Firstly, Chatbots and virtual assistants can enhance customer value co-creation in the tourism and hospitality industry in several ways: (i) Improved customer service: Chatbots and virtual assistants can be used to answer customer questions, provide information, and assist with tasks such as booking a room or making a reservation [ 45 ]. These tools can save customers and staff time and improve customer experience [ 76 ]; (ii) Increased convenience: Chatbots and virtual assistants can be accessed 24/7, meaning customers can get help or assistance anytime [ 50 ]. These tools can be handy for traveling customers with questions or who need assistance outside regular business hours [ 44 ]; (iii) Personalization: Chatbots and virtual assistants can use natural language processing (NLP) to understand and respond to customer inquiries in a more personalized way [ 45 , 70 ]. This can help improve the customer experience and create a more favorable impression of the business. Moreover, this can save costs and improve customers [ 16 ].

Secondly, metaverse technologies can enhance customer value co-creation in the tourism and hospitality industry in several ways: (i) Virtual tours and experiences: Metaverse technologies can offer virtual tours and experiences to customers, allowing them to visit and explore destinations remotely [ 77 ]. This technology can be beneficial for customers who are unable to travel due to pandemics or who want to preview a destination before deciding to visit in person [ 49 ]; (ii) Virtual events: Metaverse technologies can be used to host virtual events, such as conferences, workshops, or trade shows, which can be attended by customers from anywhere in the world [ 9 ]. This can save time and money for businesses and customers and increase the reach and impact of events; (iii) Virtual customer service: Metaverse technologies can offer virtual customer service, allowing customers to interact with businesses in a virtual setting [ 25 ]. This can be especially useful for customers who prefer to communicate online or in remote areas; (iv) Virtual training and education : Metaverse technologies can offer virtual training and education to employees and customers [ 41 ]. Metaverse can be an effective and convenient way to deliver training and can save time and money for both businesses and customers [ 7 ]; (v) Virtual reality (VR) experiences: Metaverse technologies can be used to offer VR experiences to customers, allowing them to immerse themselves in virtual environments and participate in activities that would be difficult or impossible to do in the real world [ 77 ]. This can enhance the customer experience and create new business opportunities to offer unique and memorable experiences [ 71 ].

Thirdly, IoT and robots can enhance customer value co-creation in the tourism and hospitality sector in several ways: (i) One way is by providing personalized and convenient customer experiences [ 12 ]. For example, hotels can use IoT-enabled devices to allow guests to control the temperature and lighting in their rooms, as well as access hotel amenities such as room service and concierge services [ 50 ]; (ii) In addition, robots can be used to provide assistance and enhance the customer experience in various ways [ 16 , 40 ]. For example, robots can be used to deliver items to guest rooms, assist with check-in and check-out processes, and provide information and directions to guests [ 12 ]; (iii) Both IoT and robots can be used to gather customer feedback and data in real-time, which can help to improve the quality and effectiveness of tourism and hospitality services [ 76 ]. For example, hotels can use IoT-enabled devices to gather data on guest preferences and needs, which can be used to tailor services and experiences to individual customers. This can help to improve customer satisfaction and loyalty [ 76 ]. Overall, using IoT and robots in the tourism and hospitality sector can help improve the industry’s efficiency and effectiveness and enhance the customer experience.

Result 2—academic viewpoints: What are the future research directions in customer value co-creation through AI and new technologies in the tourism and hospitality sector?

From an academic perspective, there are several potential future research directions in customer value co-creation through the digital age in the tourism and hospitality sector. Some possibilities include: (1) Understanding how different technologies and platforms facilitate co-creation: Researchers could investigate how different technologies and platforms, such as social media, mobile apps, or virtual reality, enable or inhibit co-creation in the tourism and hospitality industry; (2) Investigating the impact of co-creation on business performance: Researchers could examine the relationship between co-creation and business performance in the tourism and hospitality sector and identify the factors that drive success in co-creation initiatives; (3) Investigating the impact of AI and automation on co-creation: As AI and automation technologies become more prevalent in the industry, research could focus on the impact these technologies have on co-creation and value creation, including the potential for AI to facilitate or hinder co-creation; (4) Investigating the impact of the Metaverse on customer behaviour: Research could focus on understanding how the Metaverse affects customer behaviour and decision-making, and how companies can use this information to facilitate co-creation and value creation [ 9 ]; (5) Analysing the use of social media and other digital platforms for co-creation: Researchers could study how companies in the tourism and hospitality sector use social media and other digital platforms to facilitate co-creation with customers, and the impact that these platforms have on value creation [ 7 , 45 , 78 ]. Researchers could investigate how social interactions and communities in the Metaverse enable or inhibit co-creation in the tourism and hospitality industry and the impact on customer satisfaction and loyalty; (6) Examining the ethical implications of the Metaverse and AI: Researchers could explore the ethical considerations surrounding the use of the Metaverse and AI in the tourism and hospitality sector, such as issues related to privacy and data security, and the potential for these technologies to perpetuate or exacerbate societal inequalities [ 48 , 75 , 77 ].

Result 3—Management viewpoints: How do managers in the tourism and hospitality sector apply AI and new technologies to enhance customer co-creation value and drive business success?

There are several ways managers in the tourism and hospitality industry can apply AI and new technologies to enhance customer experiences and drive business success. We suggest four main possibilities: (1) Implementing chatbots or virtual assistants to encourage customer co-creation: Managers can use chatbots or virtual assistants to provide quick and convenient customer service, helping businesses respond to customer inquiries and resolve issues more efficiently [ 76 ]. Then, encourage customer co-creation by inviting customers to participate in the creation of new experiences and products by gathering feedback and ideas through online forums and focus groups [ 45 ]. This can help build a sense of community and engagement and can also lead to the development of new, innovative products and experiences that will attract more customers [ 50 , 79 ]; (2) Leveraging personalization technologies and using predictive analytics: Managers can use AI-powered personalization technologies to analyze customer data and preferences and offer personalized recommendations and experiences [ 42 , 72 , 80 ]. This can help businesses better understand and anticipate customer needs and create more tailored and satisfying experiences that drive co-creation value. Managers can leverage AI-powered predictive analytics technologies to analyze data and predict future customer behavior or trends [ 75 ]. This can help businesses anticipate customer needs and make informed decisions about resource allocation and planning, enhancing co-creation value. Managers can use personalization technologies and predictive analytics to analyze customer feedback and identify areas for improvement [ 37 ]. These can help businesses better understand customer needs and preferences and create more satisfying and valuable experiences that drive co-creation value [ 7 , 36 , 41 ]; (3) Using the Metaverse to facilitate co-creation: Managers can leverage the Metaverse to allow customers to design and customize their own experiences, which can help create value in collaboration with customers [ 25 , 71 , 77 ]. Managers can use VR and AR technologies to create immersive and interactive customer experiences in the Metaverse [ 81 ]. This can help businesses differentiate themselves and stand out in a competitive market. Managers can use data analysis tools to understand how customers behave in the Metaverse and use this information to create more personalized and satisfying experiences [ 9 ]. Managers can leverage the Metaverse to facilitate co-creation with customers, for example, by enabling customers to design and customize their own experiences [ 49 , 81 ]. This can help businesses create value in collaboration with customers; (4) Integrating AI-robotics into operations to support value co-creation: Analyse your business processes to identify tasks that can be automated using AI-powered robotics, such as check-in and check-out, room service, or concierge services [ 12 , 82 ]. Managers can consider using AI-powered robots for tasks such as check-in and check-out or for delivering amenities to guests. Use AI and the latest technologies to streamline the booking and check-in process, making it faster and more convenient for customers [ 16 ]. This can include using virtual assistants to handle booking inquiries or facial recognition technology to allow customers to check in at their hotel simply by showing their faces. These can help businesses reduce labor costs and improve efficiency, enhancing co-creation value [ 16 ]. We summarize three viewpoints in Fig.  3 below.

figure 3

Summary of value co-creation through the Digital Age in Tourism and Hospitality

Combining these three viewpoints as a research agenda for tourism and hospitality in the AI and digital age holds immense potential. It addresses critical aspects such as customer experience enhancement, leveraging customer-generated content, and exploring cutting-edge technologies to create value co-creation opportunities. Researching these areas allows the industry to stay at the forefront of the digital revolution and deliver exceptional customer experiences that drive business success in the next few years.

Discussion and implications

This study aimed to develop a systematic literature review of customer value co-creation in the hospitality and tourism industry using the PRISMA protocol [ 27 ]. The study findings highlighted that tourism and hospitality should take advantage of AI and new technologies, as it brings significant advantages. Value co-creation in the tourism and hospitality sector refers to creating value through the collaboration and participation of multiple stakeholders, including tourists, employees, and the industry [ 2 ]. AI, Metaverse, and other new technologies can significantly enhance value co-creation in this sector by enabling more personalized, immersive, and efficient tourist experiences [ 40 , 80 , 81 ].

From a technology viewpoint, the study reveals that manifestations of customer value co-creation through the digital age are related to AI and the latest technologies such as Metaverse, robots, IoT, chatbots, intelligence systems, and others that shape co-creation [ 42 ]. AI applications and new technologies can help shape customer value co-creation in this sector. AI can follow the rules, think like an expert, learn from data, and even create virtual and augmented reality experiences [ 4 , 10 ]. Chatbots, personalization, predictive analytics, and robotics are examples of how AI and technology can create unique and fun travel experiences [ 16 , 40 , 74 , 83 ].

From an academic viewpoint, researchers look at ways technology can help people enjoy their travels and stay in hotels by boosting the value co-creation process [ 2 ]. They are looking at how different technologies, like social media, can help people create value for themselves and others [ 45 , 84 ]. They are also looking at how AI and the virtual world can change people’s decisions and how companies can use this information to help people [ 77 , 80 ]. Finally, researchers are looking into the ethical issues of using technology in tourism and hospitality [ 48 , 75 , 77 ].

From the manager’s viewpoint, managers in the tourism and hospitality industry can use AI and new technologies to create better customer experiences and drive success [ 70 , 80 ]. These can include using chatbots or virtual assistants to help customers and get their feedback [ 50 , 76 ], using personalization technologies to understand customer needs [ 69 ], using the Metaverse to have customers design their own experiences [ 10 ], and using AI-robotics to automate tasks [ 16 , 82 ].

In light of the findings from this systematic literature review, policymakers in the tourism and hospitality sectors must revisit and revitalize current strategies. Embracing digital age technologies, especially AI and metaverse tools, can significantly enhance customer value co-creation. This necessitates targeted investments in technology upgradation, capacity-building, and skilling initiatives. While the initial resource allocation may appear substantial, the long-term returns regarding elevated customer satisfaction, increased tourism inflow, and industry-wide growth are undeniable. Policymakers must ensure a collaborative approach, engaging stakeholders across the value chain for streamlined adoption and implementation of these advancements.

Overall, the use of AI, Metaverse, and other new technologies can significantly enhance co-creation value in the tourism and hospitality sector by enabling more personalized, immersive, and efficient experiences for tourists and improving the efficiency and effectiveness of the industry as a whole [ 15 ].

Theoretical implications

The systematic literature review using the PRISMA method on customer value co-creation through the digital age in the tourism and hospitality sector has several theoretical implications.

First, this research paper addresses earlier suggestions that emphasize the significance of further exploring investigations on customer value co-creation in the hospitality and tourism sector [ 2 , 85 ].

Second, the review highlights the importance of adopting a customer-centric approach in the tourism and hospitality industry, in which customers’ needs and preferences are central to the design and delivery of services [ 35 , 86 ]. This shift towards customer value co-creation is driven by the increasing use of digital technologies, such as the IoT, AI, and ML, which enable real-time communication and data gathering from customers [ 1 , 40 ].

Third, the review highlights the role of digital technologies in enabling personalized and convenient customer experiences, which can help improve satisfaction and loyalty [ 87 ]. Using AI-powered chatbots and personalized recommendations based on customer data can enhance the customer experience, while using IoT-enabled devices can allow guests to control and access hotel amenities conveniently [ 12 ].

Fourth, the review suggests that adopting digital technologies in the tourism and hospitality sector can increase the industry’s efficiency and effectiveness [ 88 ]. Businesses use ML algorithms to automate tasks and analyze customer data, which can help streamline processes and identify areas for improvement [ 39 , 80 ].

Overall, the systematic literature review using the PRISMA method sheds light on adopting a customer-centric approach and leveraging digital technologies for customer value co-creation in tourism and hospitality. Over the next five years, researchers should focus on exploring the potential of emerging technologies, developing conceptual frameworks, and conducting applied research to drive meaningful transformations in the industry. By aligning strategies with these implications, organizations can thrive in the dynamic digital landscape and deliver exceptional customer experiences, ultimately contributing to their success and competitiveness in the market [ 2 , 4 , 15 , 29 , 33 , 89 ].

Practical implications

The systematic literature review using the PRISMA method on customer value co-creation through the digital age in the tourism and hospitality sector has several management implications for organizations in this industry.

First, the review suggests that adopting a customer-centric approach, in which customers’ needs and preferences are central to the design and delivery of services, is crucial for success in the digital age [ 40 , 86 ]. Therefore, managers should focus on understanding and meeting the needs and preferences of their customers and consider how digital technologies can be leveraged to enable real-time communication and data gathering from customers [ 15 , 80 ].

Second, the review highlights the importance of using digital technologies like the IoT, AI, and ML to enable personalized and convenient customer experiences [ 40 , 50 ]. Managers should consider how these technologies can enhance the customer experience and improve satisfaction and loyalty [ 36 , 39 ].

Third, the review suggests that adopting digital technologies in the tourism and hospitality sector can lead to increased efficiency and effectiveness in the industry [ 7 , 16 ]. Therefore, managers should consider how these technologies can streamline processes and identify areas for improvement [ 42 ]. Further, regarding privacy concerns, managers must spend enough resources to secure their customers’ data to help boost the customer value co-creation process [ 48 , 77 ].

Fourth, policymakers can foster an environment conducive to value co-creation by incorporating customer-centric strategies and leveraging digital technologies. Effective policies can enhance customer experiences, promote sustainable growth, and drive economic development, ensuring a thriving and competitive industry in the digital age.

The practical implications of applying AI and new technology for managerial decision-making in the tourism and hospitality industry are vast and promising [ 90 ]. Managers can navigate the dynamic digital landscape and drive meaningful co-creation with customers by embracing a customer-centric approach, leveraging personalized technologies, addressing efficiency and data security considerations, and strategically adopting AI-powered tools. By staying abreast of technological advancements and harnessing their potential, businesses can thrive in the next five years and beyond, delivering exceptional customer experiences and enhancing value co-creation in the industry.

Limitations and future research

The research, anchored in the PRISMA methodology, significantly enhances the comprehension of customer value co-creation within the digital ambit of the tourism and hospitality sectors. However, it is essential to underscore certain inherent limitations. Firstly, there might be publication and language biases, given that the criteria could inadvertently favor studies in specific languages, potentially sidelining seminal insights from non-English or lesser-known publications [ 91 ]. Secondly, the adopted search strategy, governed by the choice of keywords, databases, and inclusion/exclusion guidelines, might have omitted pertinent literature, impacting the review’s comprehensiveness [ 57 ]. Furthermore, the heterogeneous nature of the studies can challenge the synthesized results’ generalizability. Finally, the swiftly evolving domain of this research underscores the ephemeral nature of the findings.

In light of these limitations, several recommendations can guide subsequent research endeavors. Scholars are encouraged to employ a more expansive and diverse sampling of studies to curtail potential biases. With the digital technology landscape in constant flux, it becomes imperative to delve into a broader spectrum of innovations to discern their prospective roles in customer value co-creation [ 18 ]. Additionally, varied search strategies encompassing multiple databases can lend a more holistic and inclusive character to systematic reviews [ 27 ]. Moreover, future research could investigate the interplay between political dynamics and the integration of novel technologies, enriching the understanding of value co-creation in a broader socio-political context. Lastly, integrating sensitivity analyses can ascertain the findings’ robustness, ensuring the conclusions remain consistent across diverse search paradigms, thereby refining the review’s overall rigor.

In conclusion, this review highlights the pivotal role of digital technologies in customer value co-creation within the tourism and hospitality sectors. New AI, blockchain and IoT technology applications enable real-time communication and personalized experiences, enhancing customer satisfaction and loyalty. Metaverse technologies offer exciting opportunities for immersive interactions and virtual events. However, privacy and data security challenges must be addressed. This study proposed a comprehensive research agenda addressing theoretical, practical, and technological implications. Future studies should aim to bridge research gaps, investigate the impact of co-creation on various stakeholders, and explore a more comprehensive array of digital technologies in the tourism and hospitality sectors. This study’s findings provide valuable insights for fostering innovation and sustainable growth in the industry’s digital age. Despite the valuable insights gained, we acknowledge certain limitations, including potential biases in the search strategy, which underscore the need for more inclusive and diverse samples in future research.

Availability of data and materials

The review included a total of 27 studies published between 2012 and 2022.

Change history

07 february 2024.

A Correction to this paper has been published: https://doi.org/10.1186/s43093-023-00293-2

Abbreviations

  • Artificial intelligence

Augmented reality

Internet of Things

Machine learning

Preferred Reporting Items for Systematic Reviews and Meta-Analyses

Virtual reality

Pencarelli T (2020) The digital revolution in the travel and tourism industry. J Hosp Tour Insights 22(3):455–476

Google Scholar  

Carvalho P, Alves H (2022) Customer value co-creation in the hospitality and tourism industry: a systematic literature review. Int J Contemp Hosp Manag 35(1):250–273

Aman J, Abbas J, Mahmood S, Nurunnabi M, Bano S (2019) The influence of Islamic religiosity on the perceived socio-cultural impact of sustainable tourism development in Pakistan: a structural equation modeling approach. Sustainability 11(11):3039

Buhalis D, Lin MS, Leung D (2022) Metaverse as a driver for customer experience and value co-creation: implications for hospitality and tourism management and marketing. Int J Contemp Hosp Manag 35(2):701–716

Grissemann US, Stokburger-Sauer NE (2012) Customer co-creation of travel services: the role of company support and customer satisfaction with the co-creation performance. Tour Manag 33(6):1483–1492

Pham LH, Woyo E, Pham TH, Dao TXT (2022) Value co-creation and destination brand equity: understanding the role of social commerce information sharing. J Hosp Tour Insights

Troisi O, Grimaldi M, Monda A (2019) Managing smart service ecosystems through technology: how ICTs enable value cocreation. Tour Anal 24(3):377–393

Buonincontri P, Micera R (2016) The experience co-creation in smart tourism destinations: a multiple case analysis of European destinations. J Hosp Tour Insights 16(3):285–315

Jung TH, tom Dieck MC (2017) Augmented reality, virtual reality and 3D printing for the co-creation of value for the visitor experience at cultural heritage places. J Place Manag Dev 10:140–151

Koo C, Kwon J, Chung N, Kim J (2022) Metaverse tourism: conceptual framework and research propositions. Curr Issues Tour 1–7

Dwivedi YK et al (2022) Metaverse beyond the hype: Multidisciplinary perspectives on emerging challenges, opportunities, and agenda for research, practice and policy. Int J Inf Manag 66:102542

Zhang X, Balaji M, Jiang Y (2022) Robots at your service: value facilitation and value co-creation in restaurants. Int J Contemp Hosp Manag 34(5):2004–2025

Neuhofer B, Magnus B, Celuch K (2021) The impact of artificial intelligence on event experiences: a scenario technique approach. Electron Mark 31(3):601–617

Balsalobre-Lorente D, Abbas J, He C, Pilař L, Shah SAR (2023) Tourism, urbanization and natural resources rents matter for environmental sustainability: the leading role of AI and ICT on sustainable development goals in the digital era. Resour Pol 82:103445

Zhu J, Cheng M (2022) The rise of a new form of virtual tour: Airbnb peer-to-peer online experience. Curr Issues Tour 25(22):3565–3570

Xie L, Liu C, Li D (2022) Proactivity or passivity? An investigation of the effect of service robots’ proactive behaviour on customer co-creation intention. Int J Hosp Manag 106:103271

Wang Q, Huang R (2021) The impact of COVID-19 pandemic on sustainable development goals—a survey. Environ Res 202:111637

CAS   PubMed   PubMed Central   Google Scholar  

Önder I, Gunter U (2022) Blockchain: Is it the future for the tourism and hospitality industry? Tourism Econ 28(2):291–299

Wang Q, Su M (2020) Integrating blockchain technology into the energy sector—from theory of blockchain to research and application of energy blockchain. Comput Sci Rev 37:100275

Wang Q, Li R, Zhan L (2021) Blockchain technology in the energy sector: from basic research to real world applications. Comput Sci Rev 39:100362

CAS   Google Scholar  

Wang Q, Su M, Zhang M, Li R (2021) Integrating digital technologies and public health to fight Covid-19 pandemic: key technologies, applications, challenges and outlook of digital healthcare. Int J Environ Res Public Health 18(11):6053

Abbas J, Mubeen R, Iorember PT, Raza S, Mamirkulova G (2021) Exploring the impact of COVID-19 on tourism: transformational potential and implications for a sustainable recovery of the travel and leisure industry. Curr Res Behav Sci 2:100033

PubMed Central   Google Scholar  

Elkhwesky Z, El Manzani Y, Elbayoumi Salem I (2022) Driving hospitality and tourism to foster sustainable innovation: a systematic review of COVID-19-related studies and practical implications in the digital era. Tour Hosp Res 14673584221126792

Shah SAR, Zhang Q, Abbas J, Balsalobre-Lorente D, Pilař L (2023) Technology, urbanization and natural gas supply matter for carbon neutrality: a new evidence of environmental sustainability under the prism of COP26. Resour Pol 82:103465

Ahmed KE-S, Ambika A, Belk R (2022) Augmented reality magic mirror in the service sector: experiential consumption and the self. J Serv Manag

Doran A, Pomfret G, Adu-Ampong EA (2022) Mind the gap: a systematic review of the knowledge contribution claims in adventure tourism research. J Hosp Tour Manag 51:238–251

Page MJ et al (2021) The PRISMA 2020 statement: an updated guideline for reporting systematic reviews. Syst Rev 10(1):1–11

Moher D, Liberati A, Tetzlaff J, Altman DG, P. Group* (2009) Preferred reporting items for systematic reviews and meta-analyses: the PRISMA statement. Ann Intern Med 151(4):264–269

So KKF, Li X, Kim H (2020) A decade of customer engagement research in hospitality and tourism: a systematic review and research agenda. J Hosp Tour 44(2):178–200

Han H (2021) Consumer behavior and environmental sustainability in tourism and hospitality: a review of theories, concepts, and latest research. J Sustain Tour 29(7):1021–1042

Medlik S (2012) Dictionary of travel, tourism and hospitality. Routledge

Reisinger Y, Kandampully J, Mok C (2001) Concepts of tourism, hospitality, and leisure services. Service quality management in hospitality, tourism, and leisure, pp 1–14

Binkhorst E, Den Dekker T (2013) Agenda for co-creation tourism experience research. In: Marketing of tourism experiences, Routledge, 219–235

Abbas J, Al-Sulaiti K, Lorente DB, Shah SAR, Shahzad U (2022) Reset the industry redux through corporate social responsibility: the COVID-19 tourism impact on hospitality firms through business model innovation. In: Economic growth and environmental quality in a post-pandemic world, Routledge, pp 177–201

Buhalis D, Harwood T, Bogicevic V, Viglia G, Beldona S, Hofacker C (2019) Technological disruptions in services: lessons from tourism and hospitality. J Serv Manag 30:484–506

Sengupta P, Biswas B, Kumar A, Shankar R, Gupta S (2021) Examining the predictors of successful Airbnb bookings with Hurdle models: evidence from Europe, Australia, USA and Asia-Pacific cities. J Bus Res 137:538–554

Gonzalez-Rodriguez MR, Díaz-Fernández MC, Bilgihan A, Shi F, Okumus F (2021) UGC involvement, motivation and personality: comparison between China and Spain. J Dest Mark Manag 19:100543

Abbas J (2020) The impact of coronavirus (SARS-CoV2) epidemic on individuals mental health: the protective measures of Pakistan in managing and sustaining transmissible disease. Psychiatr Danub 32(3–4):472–477

CAS   PubMed   Google Scholar  

Neuhofer B, Buhalis D, Ladkin A (2014) A typology of technology-enhanced tourism experiences. Int J Tour Res 16(4):340–350

Samala N, Katkam BS, Bellamkonda RS, Rodriguez RV (2020) Impact of AI and robotics in the tourism sector: a critical insight. J Tour Futures 8(1):73–87

De Carlo M, Ferilli G, d’Angella F, Buscema M (2021) Artificial intelligence to design collaborative strategy: An application to urban destinations. J Bus Res 129:936–948

Grundner L, Neuhofer B (2021) The bright and dark sides of artificial intelligence: a futures perspective on tourist destination experiences. J Dest Mark Manag 19:100511

Al-Sulaiti I (2022) Mega shopping malls technology-enabled facilities, destination image, tourists’ behavior and revisit intentions: implications of the SOR theory. Front Environ Sci 1295

Alimamy S, Gnoth J (2022) I want it my way! The effect of perceptions of personalization through augmented reality and online shopping on customer intentions to co-create value. Comput Hum Behav 128:107105

Lee M, Hong JH, Chung S, Back K-J (2021) Exploring the roles of DMO’s social media efforts and information richness on customer engagement: empirical analysis on Facebook event pages. J Travel Res 60(3):670–686

Abaalzamat KH, Al-Sulaiti KI, Alzboun NM, Khawaldah HA (2021) The role of Katara cultural village in enhancing and marketing the image of Qatar: evidence from TripAdvisor. SAGE Open 11(2):21582440211022736

Al-Sulaiti KI, Abaalzamat KH, Khawaldah H, Alzboun N (2021) Evaluation of Katara cultural village events and services: a visitors’ perspective. Event Manag 25(6):653–664

Khaliq A, Waqas A, Nisar QA, Haider S, Asghar Z (2022) Application of AI and robotics in hospitality sector: a resource gain and resource loss perspective. Technol Soc 68:101807

Yin CZY, Jung T, Tom Dieck MC, Lee MY (2021) Mobile augmented reality heritage applications: meeting the needs of heritage tourists. Sustainability 13(5):1–18

Buhalis D, Moldavska I (2021) Voice assistants in hospitality: using artificial intelligence for customer service. J Hosp Tour Technol 13(3):386–403

Abbas J (2021) Gestión de crisis, desafíos y oportunidades sanitarios transnacionales: la intersección de la pandemia de COVID-19 y la salud mental global. Investigación en globalización, 3 (2021), 1–7

Micah AE et al (2023) Global investments in pandemic preparedness and COVID-19: development assistance and domestic spending on health between 1990 and 2026. Lancet Glob Health 11(3):e385–e413

Hau LN, Thuy PN (2022) Enabling customer co-creation behavior at a distance: the case of patients using self-monitoring handheld devices in healthcare. Serv Bus 16(1):99–123

Brereton P, Kitchenham BA, Budgen D, Turner M, Khalil M (2007) Lessons from applying the systematic literature review process within the software engineering domain. J Syst Softw 80(4):571–583

Tranfield D, Denyer D, Smart P (2003) Towards a methodology for developing evidence-informed management knowledge by means of systematic review. Br J Manag 14(3):207–222

Lin Z, Rasoolimanesh SM (2022) Sharing tourism experiences in social media: a systematic review. Anatolia 1–15

Page MJ, Moher D, McKenzie JE (2022) Introduction to PRISMA 2020 and implications for research synthesis methodologists. Res Synth Methods 13(2):156–163

PubMed   Google Scholar  

Snyder H (2019) Literature review as a research methodology: an overview and guidelines. J Bus Res 104:333–339

Caldiera VRBG, Rombach HD (1994) The goal question metric approach. Encycl Softw Eng 528–532

Hopfenbeck TN, Lenkeit J, El Masri Y, Cantrell K, Ryan J, Baird J-A (2018) Lessons learned from PISA: a systematic review of peer-reviewed articles on the programme for international student assessment. Scand J Educ Res 62(3):333–353

Kitchenham B, Brereton OP, Budgen D, Turner M, Bailey J, Linkman S (2009) Systematic literature reviews in software engineering–a systematic literature review. Inf Softw Technol 51(1):7–15

Dieste O, Grimán A, Juristo N (2009) Developing search strategies for detecting relevant experiments. Empir Softw Eng 14(5):513–539

Prahalad CK, Ramaswamy V (2004) Co-creation experiences: the next practice in value creation. J Interact Mark 18(3):5–14

Vargo SL, Lusch RF (2014) Evolving to a new dominant logic for marketing. In: The service-dominant logic of marketing, Routledge, pp 21–46

Hong et al QN (2018) Mixed methods appraisal tool (MMAT), version 2018. Registration of copyright vol 1148552, no 10

Pace R et al (2012) Testing the reliability and efficiency of the pilot mixed methods appraisal tool (MMAT) for systematic mixed studies review. Int J Nurs Stud 49(1):47–53

Beck J, Rainoldi M, Egger R (2019) Virtual reality in tourism: a state-of-the-art review. Tour Rev 74(3):586–612

Pahlevan-Sharif S, Mura P, Wijesinghe SN (2019) A systematic review of systematic reviews in tourism. J Hosp Tour Manag 39:158–165

Cuomo MT, Colosimo I, Celsi LR, Ferulano R, Festa G, La Rocca M (2022) Enhancing traveller experience in integrated mobility services via big social data analytics. Technol Forecast Soc Change 176:121460

Chiu M-C, Huang J-H, Gupta S, Akman G (2021) Developing a personalized recommendation system in a smart product service system based on unsupervised learning model. Comput Ind 128:103421

Cranmer EE, tom Dieck MC, Fountoulaki P (2020) Exploring the value of augmented reality for tourism. Tour Manag Perspect 35:100672

Lin S (2022) Implementation of personalized scenic spot recommendation algorithm based on generalized regression neural network for 5G smart tourism system. Comput Intell Neurosci 2022

Ngamsirijit W (2014) Value creation in creative tourism: co-creation through data mining. Int J Intell 2(2–3):255–276

Liu X, Shin H, Burns AC (2021) Examining the impact of luxury brand’s social media marketing on customer engagement: Using big data analytics and natural language processing. J Bus Res 125:815–826

Hew J-J, Tan GW-H, Lin B, Ooi K-B (2017) Generating travel-related contents through mobile social tourism: Does privacy paradox persist? Telemat Inform 34(7):914–935

Lalicic L, Weismayer C (2021) Consumers’ reasons and perceived value co-creation of using artificial intelligence-enabled travel service agents. J Bus Res 129:891–901

Hilken T et al (2022) Disrupting marketing realities: a research agenda for investigating the psychological mechanisms of next-generation experiences with reality-enhancing technologies. Psychol Mark 39(8):1660–1671

Brejla P, Gilbert D (2014) An exploratory use of web content analysis to understand cruise tourism services. Int J Tour Res 16(2):157–168

Li Z, Wang D, Abbas J, Hassan S, Mubeen R (2022) Tourists’ health risk threats amid COVID-19 era: role of technology innovation, transformation, and recovery implications for sustainable tourism. Front Psychol 12:769175

PubMed   PubMed Central   Google Scholar  

Liburd J, Duedahl E, Heape C (2022) Co-designing tourism for sustainable development. J Sustain Tour 30(10):2298–2317

Serravalle F, Ferraris A, Vrontis D, Thrassou A, Christofi M (2019) Augmented reality in the tourism industry: a multi-stakeholder analysis of museums. Tour Manag Perspect 32:100549

Xie L, Liu X, Li D (2022) The mechanism of value cocreation in robotic services: customer inspiration from robotic service novelty. J Hosp Mark Manag 31(8):962–983

Huang M-H, Rust RT (2021) Engaged to a robot? The role of AI in service. J Serv Res 24(1):30–41

Mamirkulova G, Mi J, Abbas J, Mahmood S, Mubeen R, Ziapour A (2020) New silk road infrastructure opportunities in developing tourism environment for residents better quality of life. Glob Ecol Conser 24:e01194

Rihova I, Buhalis D, Gouthro MB, Moital MJTM (2018) Customer-to-customer co-creation practices in tourism: lessons from customer-dominant logic. Tour Manag 67:362–375

Rahimian S, ShamiZanjani M, Manian A, Esfidani MR (2021) A framework of customer experience management for hotel industry. Int J Contemp Hosp Manag 33(5):1413–1436

Ameen N, Tarhini A, Reppel A, Anand A (2021) Customer experiences in the age of artificial intelligence. Comput Hum Behav 114:106548

Iranmanesh M, Ghobakhloo M, Nilashi M, Tseng M-L, Yadegaridehkordi E, Leung N (2022) Applications of disruptive digital technologies in hotel industry: a systematic review. Int J Hosp Manag 107:103304

Wang S, Abbas J, Al-Sulati KI, Shah SAR (2023) The impact of economic corridor and tourism on local community’s quality of life under one belt one road context. Evaluat Rev 0193841X231182749

Akhmedova A, Manresa A, Escobar Rivera D, Bikfalvi A (2021) Service quality in the sharing economy: a review and research agenda. Int J Consum Stud 45(4):889–910

Henry BM, Tomaszewski KA, Walocha JA (2016) Methods of evidence-based anatomy: a guide to conducting systematic reviews and meta-analysis of anatomical studies. Ann Anat Anatomischer Anz 205:16–21

Download references

Acknowledgements

Not applicable.

Author information

Authors and affiliations.

Ho Chi Minh City University of Technology (HCMUT), Vietnam National University Ho Chi Minh City (VNUHCM), Ho Chi Minh City, Vietnam

T. D. Dang & M. T. Nguyen

Eastern International University, Thu Dau Mot, Binh Duong Province, Vietnam

You can also search for this author in PubMed   Google Scholar

Contributions

DTD, conceived the research idea and designed the study in collaboration with NMT. DTD took the lead in writing the manuscript, with significant contributions from NMT. All authors reviewed and edited the manuscript to ensure accuracy and clarity. All authors read and approved the final manuscript.

Corresponding author

Correspondence to T. D. Dang .

Ethics declarations

Ethics approval and consent to participate.

This material is the authors’ original work, which has not been previously published elsewhere. The paper is not currently being considered for publication elsewhere.

Consent for publication

Competing interests.

The authors declare that they have no competing interests.

Additional information

Publisher's note.

Springer Nature remains neutral with regard to jurisdictional claims in published maps and institutional affiliations.

The original online version of this article has been revised: the affiliation is corrected for the co-author “M. T. Nguyen”.

Supplementary Information

Additional file 1..

Quality assessment of included studies.

Rights and permissions

Open Access This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ .

Reprints and permissions

About this article

Cite this article.

Dang, T.D., Nguyen, M.T. Systematic review and research agenda for the tourism and hospitality sector: co-creation of customer value in the digital age. Futur Bus J 9 , 94 (2023). https://doi.org/10.1186/s43093-023-00274-5

Download citation

Received : 31 May 2023

Accepted : 06 November 2023

Published : 25 November 2023

DOI : https://doi.org/10.1186/s43093-023-00274-5

Share this article

Anyone you share the following link with will be able to read this content:

Sorry, a shareable link is not currently available for this article.

Provided by the Springer Nature SharedIt content-sharing initiative

  • Customer value co-creation
  • Tourism and hospitality

travel hospitality and tourism industry is providing first

Travel, Tourism & Hospitality

Global tourism industry - statistics & facts

What are the leading global tourism destinations, digitalization of the global tourism industry, how important is sustainable tourism, key insights.

Detailed statistics

Total contribution of travel and tourism to GDP worldwide 2019-2033

Number of international tourist arrivals worldwide 1950-2023

Global leisure travel spend 2019-2022

Editor’s Picks Current statistics on this topic

Current statistics on this topic.

Leading global travel markets by travel and tourism contribution to GDP 2019-2022

Travel and tourism employment worldwide 2019-2033

Related topics

Recommended.

  • Hotel industry worldwide
  • Travel agency industry
  • Sustainable tourism worldwide
  • Travel and tourism in the U.S.
  • Travel and tourism in Europe

Recommended statistics

  • Basic Statistic Total contribution of travel and tourism to GDP worldwide 2019-2033
  • Basic Statistic Travel and tourism: share of global GDP 2019-2033
  • Basic Statistic Leading global travel markets by travel and tourism contribution to GDP 2019-2022
  • Basic Statistic Global leisure travel spend 2019-2022
  • Premium Statistic Global business travel spending 2001-2022
  • Premium Statistic Number of international tourist arrivals worldwide 1950-2023
  • Basic Statistic Number of international tourist arrivals worldwide 2005-2023, by region
  • Basic Statistic Travel and tourism employment worldwide 2019-2033

Total contribution of travel and tourism to gross domestic product (GDP) worldwide in 2019 and 2022, with a forecast for 2023 and 2033 (in trillion U.S. dollars)

Travel and tourism: share of global GDP 2019-2033

Share of travel and tourism's total contribution to GDP worldwide in 2019 and 2022, with a forecast for 2023 and 2033

Total contribution of travel and tourism to GDP in leading travel markets worldwide in 2019 and 2022 (in billion U.S. dollars)

Leisure tourism spending worldwide from 2019 to 2022 (in billion U.S. dollars)

Global business travel spending 2001-2022

Expenditure of business tourists worldwide from 2001 to 2022 (in billion U.S. dollars)

Number of international tourist arrivals worldwide from 1950 to 2023 (in millions)

Number of international tourist arrivals worldwide 2005-2023, by region

Number of international tourist arrivals worldwide from 2005 to 2023, by region (in millions)

Number of travel and tourism jobs worldwide from 2019 to 2022, with a forecast for 2023 and 2033 (in millions)

  • Premium Statistic Global hotel and resort industry market size worldwide 2013-2023
  • Premium Statistic Most valuable hotel brands worldwide 2023, by brand value
  • Basic Statistic Leading hotel companies worldwide 2023, by number of properties
  • Premium Statistic Hotel openings worldwide 2021-2024
  • Premium Statistic Hotel room openings worldwide 2021-2024
  • Premium Statistic Countries with the most hotel construction projects in the pipeline worldwide 2022

Global hotel and resort industry market size worldwide 2013-2023

Market size of the hotel and resort industry worldwide from 2013 to 2022, with a forecast for 2023 (in trillion U.S. dollars)

Most valuable hotel brands worldwide 2023, by brand value

Leading hotel brands based on brand value worldwide in 2023 (in billion U.S. dollars)

Leading hotel companies worldwide 2023, by number of properties

Leading hotel companies worldwide as of June 2023, by number of properties

Hotel openings worldwide 2021-2024

Number of hotels opened worldwide from 2021 to 2022, with a forecast for 2023 and 2024

Hotel room openings worldwide 2021-2024

Number of hotel rooms opened worldwide from 2021 to 2022, with a forecast for 2023 and 2024

Countries with the most hotel construction projects in the pipeline worldwide 2022

Countries with the highest number of hotel construction projects in the pipeline worldwide as of Q4 2022

  • Premium Statistic Airports with the most international air passenger traffic worldwide 2022
  • Premium Statistic Market value of selected airlines worldwide 2023
  • Premium Statistic Global passenger rail users forecast 2017-2027
  • Premium Statistic Daily ridership of bus rapid transit systems worldwide by region 2023
  • Premium Statistic Number of users of car rentals worldwide 2019-2028
  • Premium Statistic Number of users in selected countries in the Car Rentals market in 2023
  • Premium Statistic Carbon footprint of international tourism transport worldwide 2005-2030, by type

Airports with the most international air passenger traffic worldwide 2022

Leading airports for international air passenger traffic in 2022 (in million international passengers)

Market value of selected airlines worldwide 2023

Market value of selected airlines worldwide as of May 2023 (in billion U.S. dollars)

Global passenger rail users forecast 2017-2027

Worldwide number of passenger rail users from 2017 to 2022, with a forecast through 2027 (in billion users)

Daily ridership of bus rapid transit systems worldwide by region 2023

Number of daily passengers using bus rapid transit (BRT) systems as of April 2023, by region

Number of users of car rentals worldwide 2019-2028

Number of users of car rentals worldwide from 2019 to 2028 (in millions)

Number of users in selected countries in the Car Rentals market in 2023

Number of users in selected countries in the Car Rentals market in 2023 (in million)

Carbon footprint of international tourism transport worldwide 2005-2030, by type

Transport-related emissions from international tourist arrivals worldwide in 2005 and 2016, with a forecast for 2030, by mode of transport (in million metric tons of carbon dioxide)

Attractions

  • Premium Statistic Leading museums by highest attendance worldwide 2019-2022
  • Basic Statistic Most visited amusement and theme parks worldwide 2019-2022
  • Basic Statistic Monuments on the UNESCO world heritage list 2023, by type
  • Basic Statistic Selected countries with the most Michelin-starred restaurants worldwide 2023

Leading museums by highest attendance worldwide 2019-2022

Most visited museums worldwide from 2019 to 2022 (in millions)

Most visited amusement and theme parks worldwide 2019-2022

Leading amusement and theme parks worldwide from 2019 to 2022, by attendance (in millions)

Monuments on the UNESCO world heritage list 2023, by type

Number of monuments on the UNESCO world heritage list as of September 2023, by type

Selected countries with the most Michelin-starred restaurants worldwide 2023

Number of Michelin-starred restaurants in selected countries and territories worldwide as of July 2023

Online travel market

  • Premium Statistic Online travel market size worldwide 2017-2028
  • Premium Statistic Estimated desktop vs. mobile revenue of leading OTAs worldwide 2023
  • Premium Statistic Number of aggregated downloads of leading online travel agency apps worldwide 2023
  • Basic Statistic Market cap of leading online travel companies worldwide 2023
  • Premium Statistic Estimated EV/Revenue ratio in the online travel market 2024, by segment
  • Premium Statistic Estimated EV/EBITDA ratio in the online travel market 2024, by segment

Online travel market size worldwide 2017-2028

Online travel market size worldwide from 2017 to 2023, with a forecast until 2028 (in billion U.S. dollars)

Estimated desktop vs. mobile revenue of leading OTAs worldwide 2023

Estimated desktop vs. mobile revenue of leading online travel agencies (OTAs) worldwide in 2023 (in billion U.S. dollars)

Number of aggregated downloads of leading online travel agency apps worldwide 2023

Number of aggregated downloads of selected leading online travel agency apps worldwide in 2023 (in millions)

Market cap of leading online travel companies worldwide 2023

Market cap of leading online travel companies worldwide as of September 2023 (in million U.S. dollars)

Estimated EV/Revenue ratio in the online travel market 2024, by segment

Estimated enterprise value to revenue (EV/Revenue) ratio in the online travel market worldwide as of April 2024, by segment

Estimated EV/EBITDA ratio in the online travel market 2024, by segment

Estimated enterprise value to EBITDA (EV/EBITDA) ratio in the online travel market worldwide as of April 2024, by segment

Selected trends

  • Premium Statistic Global travelers who believe in the importance of green travel 2023
  • Premium Statistic Sustainable initiatives travelers would adopt worldwide 2022, by region
  • Premium Statistic Airbnb revenue worldwide 2017-2023
  • Premium Statistic Airbnb nights and experiences booked worldwide 2017-2023
  • Premium Statistic Technologies global hotels plan to implement in the next three years 2022
  • Premium Statistic Hotel technologies global consumers think would improve their future stay 2022

Global travelers who believe in the importance of green travel 2023

Share of travelers that believe sustainable travel is important worldwide in 2023

Sustainable initiatives travelers would adopt worldwide 2022, by region

Main sustainable initiatives travelers are willing to adopt worldwide in 2022, by region

Airbnb revenue worldwide 2017-2023

Revenue of Airbnb worldwide from 2017 to 2023 (in billion U.S. dollars)

Airbnb nights and experiences booked worldwide 2017-2023

Nights and experiences booked with Airbnb from 2017 to 2023 (in millions)

Technologies global hotels plan to implement in the next three years 2022

Technologies hotels are most likely to implement in the next three years worldwide as of 2022

Hotel technologies global consumers think would improve their future stay 2022

Must-have hotel technologies to create a more amazing stay in the future among travelers worldwide as of 2022

  • Premium Statistic Travel and tourism revenue worldwide 2019-2028, by segment
  • Premium Statistic Distribution of sales channels in the travel and tourism market worldwide 2018-2028
  • Premium Statistic Inbound tourism visitor growth worldwide 2020-2025, by region
  • Premium Statistic Outbound tourism visitor growth worldwide 2020-2025, by region

Travel and tourism revenue worldwide 2019-2028, by segment

Revenue of the global travel and tourism market from 2019 to 2028, by segment (in billion U.S. dollars)

Distribution of sales channels in the travel and tourism market worldwide 2018-2028

Revenue share of sales channels of the travel and tourism market worldwide from 2018 to 2028

Inbound tourism visitor growth worldwide 2020-2025, by region

Inbound tourism visitor growth worldwide from 2020 to 2022, with a forecast until 2025, by region

Outbound tourism visitor growth worldwide 2020-2025, by region

Outbound tourism visitor growth worldwide from 2020 to 2022, with a forecast until 2025, by region

Further reports Get the best reports to understand your industry

Get the best reports to understand your industry.

Mon - Fri, 9am - 6pm (EST)

Mon - Fri, 9am - 5pm (SGT)

Mon - Fri, 10:00am - 6:00pm (JST)

Mon - Fri, 9:30am - 5pm (GMT)

U.S. flag

An official website of the United States government

  • Special Topics

Travel and Tourism

Travel and tourism satellite account for 2018-2022.

The travel and tourism industry—as measured by the real output of goods and services sold directly to visitors—increased 21.0 percent in 2022 after increasing 53.6 percent in 2021, according to the most recent statistics from BEA’s Travel and Tourism Satellite Account.

Chart: Annual Growth in Real Tourism in 2018-2022

Data & Articles

  • U.S. Travel and Tourism Satellite Account for 2018–2022 By Hunter Arcand and Paul Kern - Survey of Current Business April 2024
  • "U.S. Travel and Tourism Satellite Account for 2015–2019" By Sarah Osborne - Survey of Current Business December 2020
  • "U.S. Travel and Tourism Satellite Account for 2015-2017" By Sarah Osborne and Seth Markowitz - Survey of Current Business June 2018
  • Tourism Satellite Accounts 1998-2019
  • Tourism Satellite Accounts Data A complete set of detailed annual statistics for 2017-2021 is coming soon -->
  • Article Collection

Documentation

  • Product Guide

Previously Published Estimates

  • Data Archive This page provides access to an archive of estimates previously published by the Bureau of Economic Analysis. Please note that this archive is provided for research only. The estimates contained in this archive include revisions to prior estimates and may not reflect the most recent revision for a particular period.
  • News Release Archive

What is Travel and Tourism?

Measures how much tourists spend and the prices they pay for lodging, airfare, souvenirs, and other travel-related items. These statistics also provide a snapshot of employment in the travel and tourism industries.

What’s a Satellite Account?

travel hospitality and tourism industry is providing first

  • TTSA Sarah Osborne (301) 278-9459
  • News Media Connie O'Connell (301) 278-9003 [email protected]

Cart

  • SUGGESTED TOPICS
  • The Magazine
  • Newsletters
  • Managing Yourself
  • Managing Teams
  • Work-life Balance
  • The Big Idea
  • Data & Visuals
  • Reading Lists
  • Case Selections
  • HBR Learning
  • Topic Feeds
  • Account Settings
  • Email Preferences

Travel and tourism industry

Innovate at your own risk: deborah wince-smith on competitiveness.

  • Gardiner Morse
  • From the May 2005 Issue

Coming Up Short on Nonfinancial Performance Measurement

  • Christopher D. Ittner
  • David F. Larcker
  • From the November 2003 Issue

Taking the Measure of Mood

  • Patrick O’Connell
  • From the March 2006 Issue

travel hospitality and tourism industry is providing first

How Luxury Brands Can Motivate Service Employees

  • Edward Mady
  • November 02, 2015

travel hospitality and tourism industry is providing first

Airbnb Is Facing an Existential Expansion Problem

  • July 11, 2016

How to Avoid Frustrating Business Travel Mishaps

  • Sarah Green Carmichael
  • November 06, 2015

Capturing Customers’ Spare Change

  • Terri C. Albert
  • Russell S. Winer

travel hospitality and tourism industry is providing first

3 Steps to Break Out in a Tired Industry

  • Freek Vermeulen
  • May 01, 2015

travel hospitality and tourism industry is providing first

How the Best Restaurants in the World Balance Innovation and Consistency

  • Daniel Ospina
  • January 15, 2018

The Hazards of Hounding

  • Paul M. Dholakia
  • From the October 2005 Issue

travel hospitality and tourism industry is providing first

Blockchain Will Transform Customer Loyalty Programs

  • Alex J Hill
  • Dan Kowalewski
  • Jessica McLaughlin
  • March 14, 2017

travel hospitality and tourism industry is providing first

Where Does the Airline Industry Go from Here?

  • Eben Harrell
  • October 06, 2021

travel hospitality and tourism industry is providing first

Everyone Says They Listen to Their Customers—Here’s How to Really Do It

  • October 28, 2015

travel hospitality and tourism industry is providing first

Blue Oceans in Outer Space

  • Curt Nickisch
  • From the May–June 2023 Issue

Innovation Versus Complexity: What Is Too Much of a Good Thing?

  • Mark Gottfredson
  • Keith Aspinall
  • From the November 2005 Issue

Forced to Shut Down

  • Alison Beard
  • From the May 2011 Issue

A Stake in the Business

  • Chris T. Sullivan
  • From the September 2005 Issue

travel hospitality and tourism industry is providing first

How an Airplane Laptop Ban Would Expose Company Data to Espionage

  • Luke Bencie
  • May 25, 2017

Marketing Malpractice: The Cause and the Cure

  • Clayton M. Christensen
  • From the December 2005 Issue

travel hospitality and tourism industry is providing first

Priceline's CEO on Creating an In-house Multilingual Customer Service Operation

  • Darren Huston
  • From the April 2016 Issue

travel hospitality and tourism industry is providing first

IXSIR Winery of Lebanon

  • Marina Apaydin
  • Sarah Jane Noujeim
  • Claire Chalouhi
  • Abdul Sattar Ouayda
  • March 10, 2017

The Qingdao International Beer Festival

  • Alex Beamish
  • Hailing Liu
  • April 28, 2020

Airbnb in Amsterdam (B)

  • Mitchell B. Weiss
  • Emer Moloney
  • Vincent Dessain
  • October 14, 2016

Singapore Airlines: Premium Goes Multi-Brand

  • Rohit Deshpande
  • August 17, 2016

The Wild Salmon Center

  • Erik N. Budde
  • William Durham
  • William P. Barnett
  • May 28, 2003

HOW COVID-19 TESTS ENTREPRENEURS' AGILITY (A): SUCCESS HANGING IN THE BALANCE

  • Heather Cairns-Lee
  • Angelika Kipor
  • Sabina Djuric
  • Ekaterina Risovanaya

Swoop in the Era of Coronavirus

  • Susan S. Harmeling
  • October 30, 2020

JUVENTUS FC: HOW TO WIN IN THE DIGITAL ERA?

  • Niccolò Pisani
  • Ornella Lupoi
  • February 16, 2021
  • Walter Kuemmerle
  • October 06, 1998

Lehman Brothers and the Securitization of American Express Charge-Card Receivables

  • Andre F. Perold
  • Kuljot Singh
  • April 23, 1993

The Priceline Group: Booking a Place for the Future

  • Leonard A. Schlesinger
  • Anish Pathipati
  • May 06, 2016

S.I.T. Car Rental: An Upgrade Opportunity in Trinidad and Tobago

  • Stefanie Tom
  • December 16, 2021

JetBlue and Gladly: Omnichannel Customer Service

  • William E Youngdahl
  • December 31, 2017

Banyan Tree Hotels & Resorts: Gauging Investors' Views on Corporate Social Responsibility

  • August 20, 2003

Michelin: Building a Digital Service Platform

  • Sunil Gupta
  • Christian Godwin
  • March 05, 2020

Wilderness Safaris: Responses to the Covid-19 Crisis

  • James E. Austin
  • Megan Epler Wood
  • Herman Leonard
  • November 03, 2020

Lilium: Preparing for Takeoff

  • Navid Mojir
  • Mette Fuglsang Hjortshoej
  • February 15, 2022

Taste of Frankenmuth: A Town in Michigan Thinks About Word-of-Mouth Referral

  • Roger Hallowell
  • Abby Hansen
  • September 02, 1999

Elephant Walk Thru

  • William J. Ritchie
  • Matthew S. Shell
  • Chandeep Corea
  • December 02, 2004

Steven B. Belkin

  • Howard H. Stevenson
  • Richard O. Von Werssowetz
  • October 27, 1982

travel hospitality and tourism industry is providing first

The Coronavirus (COVID-19) Pandemic and the Global Economy (A) and (B), Teaching Note

  • Alberto F. Cavallo
  • March 01, 2022

The Marriott-Starwood Merger: Navigating Brand Portfolio Strategy and Brand Architecture, Teaching Note

  • Chekitan S. Dev
  • May 07, 2020

Popular Topics

Partner center.

Winter is here! Check out the winter wonderlands at these 5 amazing winter destinations in Montana

  • Travel Tips

What Is The Difference Between The Hospitality And Tourism Industry

Published: December 12, 2023

Modified: December 28, 2023

by Randi Hargis

  • Hotel Reviews
  • Sustainability
  • Travel Essentials & Accessories

what-is-the-difference-between-the-hospitality-and-tourism-industry

Introduction

The hospitality and tourism industries are closely intertwined and often used interchangeably. While both industries involve providing services to customers, there are distinct differences that set them apart. Understanding these differences is crucial for individuals interested in pursuing a career in these fields, as well as for businesses aiming to thrive in the ever-evolving travel industry.

The hospitality industry focuses on providing accommodations, food, and beverage services to travelers, tourists, and visitors. This includes hotels, resorts, restaurants, bars, and other establishments that offer lodging and dining options. On the other hand, the tourism industry is concerned with the overall travel experience, encompassing transportation, attractions, tours, and activities that cater to tourists’ interests and preferences.

While both industries share common goals of delivering exceptional customer service and creating memorable experiences, they differ in terms of their core offerings and the scope of their operations. In this article, we will explore the distinct characteristics of the hospitality and tourism industries, shedding light on the unique opportunities they present and the challenges they face.

Definition of the Hospitality Industry

The hospitality industry encompasses a broad range of businesses and establishments that are primarily focused on providing accommodation, food, and beverage services to customers. It revolves around the concept of offering comfort, convenience, and personalized experiences to guests. Whether it’s a luxury hotel, a cozy bed and breakfast, or a bustling restaurant, the hospitality industry plays a crucial role in ensuring the happiness and satisfaction of its patrons.

At its core, the hospitality industry is dedicated to creating a warm and welcoming environment, where guests feel valued and well taken care of. This involves not only providing comfortable accommodations and scrumptious meals but also delivering exceptional customer service throughout the entire guest experience. From the moment a guest walks through the door to the time they check out, every interaction and touchpoint should reflect genuine hospitality and a commitment to exceeding expectations.

The hospitality industry relies heavily on creating positive guest experiences, fostering loyalty, and building a strong reputation. This is achieved through a combination of attentive staff, well-designed facilities, and a wide range of services tailored to meet the unique needs and preferences of different types of guests. Whether it’s a business traveler seeking efficient amenities, a family on a vacation requiring family-friendly facilities, or a couple looking for a romantic getaway, the hospitality industry strives to cater to diverse customer segments.

Furthermore, the hospitality industry extends beyond lodging and dining. It also includes other sectors such as event management, spa and wellness services, entertainment venues, and even transportation services in some cases. The common thread throughout these establishments is the focus on providing a positive and enjoyable experience for customers, whether they are staying overnight, attending an event, or simply seeking a memorable dining experience.

Definition of the Tourism Industry

The tourism industry is a vast and multifaceted sector that encompasses various activities and services related to travel and exploration. It revolves around the idea of people traveling to different destinations for leisure, recreation, business, or personal purposes. The tourism industry plays a crucial role in promoting cultural exchange, economic growth, and global understanding.

The primary focus of the tourism industry is to provide an enjoyable and fulfilling travel experience for individuals and groups. This includes arranging transportation, organizing tours and activities, and offering services that cater to the unique interests and preferences of tourists. From visiting historical landmarks and natural attractions to participating in adventure sports and exploring local cultures, the tourism industry aims to create unforgettable memories and enrich the lives of travelers.

One of the significant aspects of the tourism industry is destination marketing and management. It involves promoting different regions, cities, and countries as attractive travel destinations to both domestic and international tourists. This includes showcasing the unique attractions, cultural heritage, and experiences that make a particular destination stand out.

Moreover, the tourism industry is closely connected to other sectors such as transportation, accommodation, and hospitality. It relies on partnerships and collaborations with airlines, hotels, tour operators, and local businesses to ensure a seamless travel experience for tourists. These collaborations contribute to the economic growth of destinations and create employment opportunities for local communities.

The tourism industry encompasses various segments such as leisure tourism, business tourism, adventure tourism, medical tourism, eco-tourism, and more. Each of these segments caters to different types of travelers and offers distinct experiences and services. For example, leisure tourism focuses on relaxation and recreational activities, while business tourism centers around meetings, conferences, and professional networking events.

In recent years, sustainable tourism has gained significant attention within the industry. It emphasizes responsible travel practices that minimize the negative impact on the environment, preserve local cultures and communities, and promote sustainable development. The tourism industry is embracing these principles and working towards creating a balance between economic growth and environmental sustainability.

Overlapping Areas

The hospitality and tourism industries have several overlapping areas where their services intersect and complement each other. These areas highlight the interconnected nature of these industries and the collaboration required to provide a seamless travel experience for customers.

Accommodation is a prime example of an overlapping area. Both the hospitality and tourism industries are involved in providing lodging options to travelers. While hotels and resorts are the main players in the hospitality industry, the tourism industry also offers alternative accommodations such as vacation rentals, hostels, and campgrounds. This allows tourists to choose the type of accommodation that best suits their preferences, budget, and travel needs.

Food and beverage services are another overlapping area between the two industries. While restaurants and cafes fall under the umbrella of the hospitality industry, the tourism industry also emphasizes local cuisine and dining experiences as part of the travel journey. Tourists often seek out unique culinary experiences that showcase the local culture and flavors of a destination. This collaboration between the hospitality and tourism sectors ensures that travelers have a wide range of dining options to choose from during their trips.

Entertainment and attractions are also overlapping areas that contribute to the overall tourism experience. The hospitality industry often collaborates with tourism operators to offer packages and discounts for local attractions, events, and entertainment venues. This partnership enhances the value proposition for tourists, allowing them to access various activities and experiences in addition to their accommodations and dining options.

Furthermore, transportation is a vital overlapping area between the two industries. Both hospitality and tourism rely on efficient transportation networks to ensure the smooth movement of tourists and guests. Hotels and resorts often provide shuttle services or have partnerships with transportation companies to facilitate airport transfers and sightseeing tours. This integration ensures that travelers have easy access to different attractions and can explore their chosen destinations comfortably.

In summary, the overlapping areas between the hospitality and tourism industries demonstrate the symbiotic relationship they share. By collaborating and providing comprehensive services, these industries work together to create memorable and fulfilling travel experiences for customers. The seamless integration of accommodation, dining, attractions, and transportation ensures that tourists have a wide range of options and enjoy a holistic journey during their travels.

Key Differences

While the hospitality and tourism industries share common goals of providing exceptional service to customers, there are key differences that set them apart. Understanding these distinctions is essential for individuals aspiring to work in these fields and for businesses looking to cater effectively to their target audience.

Scope of Services: The hospitality industry primarily focuses on providing accommodations, food, and beverage services to guests. It revolves around creating a comfortable and enjoyable experience within a specific location or establishment. On the other hand, the tourism industry is broader in scope and encompasses various activities, attractions, and transportation services that cater to the overall travel experience. It involves exploring different destinations and immersing oneself in the culture, history, and natural beauty of a place.

Customer Interactions: In the hospitality industry, customer interactions are often short-term and centered within the confines of the business establishment. Guests interact with staff members and experience the services provided during their stay or meal. In contrast, the tourism industry typically involves longer interactions and engagement with customers. Tourists may spend days or weeks exploring a destination, engaging with tour guides, participating in activities, and building a deeper connection with the local culture and community.

Customer Expectations: The hospitality industry places a strong emphasis on comfort, convenience, and personalized service. Hotel guests and restaurant patrons have specific expectations when it comes to cleanliness, amenities, and hospitality. The tourism industry, on the other hand, focuses on providing enriching and memorable experiences. Tourists seek authenticity, adventure, and the opportunity to immerse themselves in the unique offerings of a destination.

Revenue Streams: In terms of revenue generation, the hospitality industry primarily relies on room rates, food and beverage sales, and other services provided within its establishment. Hotels, resorts, and restaurants generate income based on bookings, occupancy rates, and sales. On the contrary, the tourism industry generates revenue through a more diverse range of sources. This includes ticket sales for attractions, tour package bookings, transportation services, and partnerships with local businesses.

Operational Considerations: The operations of the hospitality industry typically revolve around managing and maintaining physical facilities, such as hotels, restaurants, and event venues. The focus is on providing a consistent and high-quality experience within the establishment’s premises. In the tourism industry, operational considerations extend beyond the confines of a single location. Tour operators and destination management companies must coordinate logistics, transportation, and various attractions to ensure a seamless and enjoyable experience for tourists.

While these differences exist, it’s important to note that the hospitality and tourism industries are highly interconnected. They often collaborate to enhance the overall travel experience, with hospitality businesses catering to the accommodation and dining needs of tourists. By understanding these distinctions, individuals can make informed decisions about their career paths, and businesses can strategize effectively to meet the needs and expectations of their customers.

Employment Opportunities

The hospitality and tourism industries offer a wide array of employment opportunities for individuals with diverse skill sets and interests. From front-line staff to management positions, there are roles available at various levels that cater to different areas within these industries.

In the hospitality industry, common employment opportunities include hotel managers, front desk agents, housekeeping staff, chefs, bartenders, waitstaff, and event planners. These roles are essential for ensuring smooth operations, excellent customer service, and the overall satisfaction of guests. Job opportunities also extend to specialized areas such as spa therapists, concierge services, revenue management, sales and marketing, and customer relations.

Within the tourism industry, employment opportunities are equally diverse. Tour operators, travel agents, and tour guides play a critical role in organizing and managing travel experiences for tourists. They provide valuable information, arrange transportation, coordinate activities, and ensure that tourists have a memorable and enjoyable journey. Other employment opportunities in this industry include destination marketing and management, event planning, hospitality consultants, sustainable tourism specialists, and roles within travel technology companies.

Furthermore, both industries offer opportunities for individuals with specialized skills and knowledge. For example, individuals with a background in food and beverage management or culinary arts can pursue careers as restaurant managers, sous chefs, or food and beverage directors. Similarly, those with expertise in hotel and resort management can excel in roles such as general managers or revenue managers. The tourism industry also offers scope for individuals with language skills, cultural understanding, and a passion for sharing information about different destinations, where they can work as tour guides or destination experts.

Moreover, there are various entry-level positions available in both industries that provide individuals with opportunities to gain valuable experience and develop essential skills. These positions often include roles such as front desk associates, food servers, housekeeping staff, and travel agency assistants. These entry-level roles serve as stepping stones for career advancement and allow individuals to learn and grow within the hospitality and tourism sectors.

It’s important to note that employment opportunities in these industries are not limited to traditional brick-and-mortar establishments. With the growth of technology, there are emerging opportunities in the digital realm, including online travel agencies, travel blogging and influencer marketing, and hospitality tech companies.

In summary, the hospitality and tourism industries offer a multitude of employment opportunities across various job functions and skill sets. From front-line service positions to management roles, individuals with a passion for customer service, a knack for organization, and a love for travel can find fulfilling careers in these dynamic industries.

Revenue Generation

Both the hospitality and tourism industries are significant contributors to global economies and generate substantial revenue through their operations. Understanding how these industries generate revenue is crucial for businesses to thrive and adapt to the ever-changing landscape of the travel industry.

In the hospitality industry, revenue is primarily generated through the sale of accommodations, food and beverage services, and additional amenities and services provided by hotels, resorts, and other lodging establishments. Room rates and occupancy levels play a crucial role in determining revenue, with pricing strategies often based on factors such as demand, seasonality, and location. The hospitality industry also generates additional revenue through ancillary services such as spa treatments, in-room dining, conference facilities, and other guest offerings.

Restaurants and food and beverage outlets within the hospitality industry contribute significantly to revenue generation. Dining experiences, including breakfast buffets, à la carte menus, and room service, provide additional income streams. Upselling techniques, promoting specialty items, and offering unique dining experiences can also contribute to revenue growth.

In contrast, the tourism industry generates revenue through a diverse range of sources. One of the primary sources of revenue is ticket sales for attractions, which include entry fees to museums, historical sites, theme parks, and other tourist destinations. Tour operators also play a significant role in generating revenue by organizing and selling tour packages that include transportation, accommodation, and various activities.

Transportation services, such as airlines, cruise lines, and bus companies, contribute to revenue generation by selling tickets for transportation to and from destinations. These services often collaborate with hotels, tour operators, and attractions to provide comprehensive travel packages to customers.

Furthermore, revenue is generated through partnerships and collaborations with local businesses. Tourism organizations often work with restaurants, tour operators, souvenir shops, and other local businesses to promote and sell their products or services to tourists. This mutual collaboration creates a symbiotic relationship that benefits both the tourism industry and the local economy.

With the advent of technology, online travel agencies (OTAs) and travel booking platforms have become important players in revenue generation for both industries. These platforms earn revenue through commissions and fees charged to hotels, tour operators, and other businesses for listing their services and handling bookings. Digital advertising and sponsored content also contribute to revenue streams, as businesses vie for online visibility and exposure to capture the attention of travelers.

In recent years, there has been a growing focus on the concept of experiential tourism, which offers unique and immersive experiences to travelers. This trend has opened up new revenue generation opportunities, as businesses create and sell specialized experiences such as culinary tours, adventure activities, and cultural workshops.

In summary, the hospitality and tourism industries generate revenue through a variety of channels, including accommodations, food and beverage services, ticket sales, transportation, partnerships, and online platforms. Businesses in these industries must adapt to evolving customer preferences and market demands to ensure a steady flow of revenue and drive sustainable growth.

Customer Focus

Both the hospitality and tourism industries place a strong emphasis on customer focus and aim to provide exceptional experiences to their guests and tourists. Understanding and catering to the unique needs, preferences, and expectations of customers is crucial for businesses in these industries to thrive and build a loyal customer base.

In the hospitality industry, customer focus is at the core of providing exceptional service. Hotels, resorts, and restaurants strive to create a welcoming and comfortable environment for their guests. This involves understanding and anticipating their needs, whether it’s a comfortable bed, a personalized welcome, or a seamless check-in experience. Attention to detail and personalized service are key factors in enhancing the overall guest experience. Hospitality businesses invest in training their staff to exhibit empathy, attentiveness, and problem-solving skills to ensure that every guest feels valued and well taken care of.

In addition to physical comforts, the hospitality industry often offers a range of amenities and services to enhance the guest experience. This may include spa and wellness facilities, fitness centers, recreational activities, and perks such as complimentary breakfast or airport transfers. These additional offerings are designed to cater to the varied preferences and desires of guests, ensuring that their stay exceeds expectations and leaves a lasting impression.

In the tourism industry, customer focus is equally important. Tourists have different motivations, interests, and expectations when traveling, and it’s crucial for businesses in this sector to understand and cater to these diverse needs. Whether it’s organizing cultural tours, adventure activities, or customized itineraries, the tourism industry aims to create memorable and fulfilling travel experiences.

Customer focus in the tourism industry involves providing relevant and accurate information about destinations, attractions, and activities. This includes offering recommendations, insider tips, and detailed itineraries to help tourists make informed decisions. Tour operators and travel agents play a vital role in understanding the preferences of their customers and creating tailored experiences that align with their interests. This personalized approach ensures that tourists have a sense of discovery, immersion, and enjoyment in their travel endeavors.

Furthermore, customer focus in the tourism industry extends beyond the immediate travel experience. Sustainable and responsible travel practices are gaining importance, with tourists increasingly seeking out destinations and businesses that prioritize environmental conservation, cultural preservation, and community engagement. Businesses in the tourism industry are aligning their offerings with these values and focusing on sustainable practices to meet the evolving expectations of their customers.

Both the hospitality and tourism industries recognize the importance of customer feedback and reviews. They actively seek feedback from guests and tourists to understand their satisfaction levels, identify areas for improvement, and address any issues promptly. This feedback-driven approach allows businesses to continuously enhance their services and ensure that they meet and exceed customer expectations.

In summary, customer focus is a central tenet of both the hospitality and tourism industries. Whether it’s providing personalized service, creating memorable experiences, or embracing sustainable practices, businesses in these industries thrive by understanding and prioritizing the needs and expectations of their customers. By putting the customer at the forefront of their operations, these industries aim to build long-lasting relationships and deliver exceptional experiences that keep customers coming back.

Examples of Hospitality Businesses

The hospitality industry encompasses a wide range of businesses that provide accommodations, food, and beverage services to guests. These establishments are dedicated to creating a welcoming and comfortable environment, ensuring that guests have a memorable experience. Here are some examples of hospitality businesses:

Hotels and Resorts: Hotels and resorts are the cornerstone of the hospitality industry. From luxury hotels to budget-friendly accommodations, these establishments offer a range of rooms and suites to cater to different guest preferences. They provide amenities such as restaurants, bars, swimming pools, fitness centers, and conference facilities. Examples include Hilton, Marriott, Four Seasons, and InterContinental.

Restaurants and Cafes: Restaurants and cafes play a crucial role in the hospitality industry by providing food and beverage services to guests. From fine dining establishments to casual eateries, these businesses create memorable dining experiences. They offer a variety of cuisines to cater to diverse tastes. Examples range from local independent restaurants to well-known chains like McDonald’s, Starbucks, and Nando’s.

Bed and Breakfasts (B&Bs): B&Bs are quaint and cozy accommodations that typically operate in residential properties. They offer a more personalized and intimate experience, often with a home-cooked breakfast included. B&Bs are particularly popular in rural and scenic locations and are known for their warm hospitality and personalized service.

Inns and Lodges: Inns and lodges are often located in picturesque settings, such as mountainous or coastal regions. These establishments offer comfortable accommodations and typically have a rustic charm. They provide a range of amenities and services, including dining options, recreational activities, and guided tours.

Residential and Vacation Rentals: With the rise of platforms like Airbnb and VRBO, individuals can now rent out their homes or vacation properties to travelers. These rentals offer a home-away-from-home experience, providing guests with the convenience and comfort of a fully furnished space while exploring a new destination.

Event Venues and Convention Centers: These establishments cater to a variety of events, ranging from weddings and corporate meetings to conferences and trade shows. Event venues and convention centers provide space and services for hosting gatherings, along with amenities such as catering, audiovisual equipment, and event planning assistance.

Spas and Wellness Retreats: Spas and wellness retreats focus on providing relaxation and rejuvenation experiences. These businesses offer a range of services such as massages, facials, body treatments, and fitness activities. They often have serene settings and specialized treatments to promote health and well-being.

Cruise Ships and Riverboats: Cruise ships and riverboats combine accommodation, dining, entertainment, and transportation in one package. They offer an all-inclusive experience, taking passengers to various destinations while providing a host of amenities and activities on board.

These examples illustrate the diversity within the hospitality industry, each catering to different types of guests, preferences, and travel experiences. Whether it’s a luxurious hotel, a charming bed and breakfast, or a vibrant restaurant, the common thread among these businesses is the focus on providing exceptional service and creating memorable experiences for their guests.

Examples of Tourism Businesses

The tourism industry encompasses a wide range of businesses that cater to the travel experiences of tourists. These businesses are centered around providing attractions, activities, and services that highlight the unique aspects of a destination. Here are some examples of tourism businesses:

Tour Operators: Tour operators specialize in designing and organizing tours and travel experiences for tourists. They create itineraries that encompass various attractions, activities, and accommodations. Examples include Trafalgar Tours, Intrepid Travel, and G Adventures. Tour operators cater to different types of travelers, offering everything from adventure tours and cultural experiences to luxury vacations and family-friendly trips.

Attractions and Landmarks: This category includes iconic landmarks, natural wonders, historical sites, and cultural attractions that draw tourists to a destination. Examples range from world-famous attractions like the Eiffel Tower, Grand Canyon, and Taj Mahal to local and regional landmarks such as the Great Barrier Reef, Machu Picchu, and Angkor Wat.

Adventure Tourism Providers: These businesses specialize in offering thrilling and adventurous activities to tourists. They may provide opportunities for activities such as hiking, rock climbing, whitewater rafting, ziplining, and wildlife safaris. Examples include companies like REI Adventures and National Geographic Expeditions.

Theme Parks and Amusement Parks: Theme parks and amusement parks are popular tourism destinations, particularly for families. They offer a wide range of rides, entertainment shows, and attractions designed for all age groups. Examples include Walt Disney World, Universal Studios, and Six Flags.

Ecotourism and Nature-Based Businesses: These businesses focus on providing tourists with opportunities to explore and appreciate the natural environment while promoting sustainability and conservation. This includes activities such as wildlife watching, nature walks, eco-lodges, and responsible travel experiences. Examples include Wilderness Safaris, Costa Rican Adventures, and The Great Barrier Reef Ecotours.

Cultural Experiences and Festivals: Cultural tourism businesses offer opportunities for tourists to immerse themselves in the local culture and traditions of a destination. This can involve visiting museums, attending cultural festivals, participating in cooking classes, or exploring historical sites. Examples include organizations that offer cultural immersion programs, city walking tours, and museum exhibitions.

Transportation Services: Transportation providers such as airlines, cruises, trains, and buses play a vital role in the tourism industry. They enable tourists to travel to different destinations and explore various attractions. Examples include international airlines like Emirates and Delta Air Lines, cruise liners such as Royal Caribbean, and train companies like the Orient Express.

Travel Agencies: Travel agencies assist tourists in planning and organizing their trips. They provide services such as booking accommodations, flights, tours, and transportation. Examples include online travel agencies like Expedia and Booking.com, as well as traditional brick-and-mortar travel agencies.

These examples represent the diverse range of businesses within the tourism industry, each catering to different types of travelers and offering unique experiences. From adventure tourism providers to iconic landmarks, these businesses play a crucial role in attracting tourists and showcasing the best that a destination has to offer.

The hospitality and tourism industries are interconnected and vital sectors in the global economy. While they share common goals of providing exceptional service and creating memorable experiences for customers, there are distinct differences that set them apart.

The hospitality industry primarily focuses on providing accommodations, food, and beverage services. It aims to create a comfortable and welcoming environment for guests, with a strong emphasis on personalized service and attention to detail. The tourism industry, on the other hand, encompasses a broader range of activities and attractions, catering to the overall travel experience. It focuses on offering diverse and immersive experiences that highlight the unique aspects of a destination.

Both industries offer a wide range of employment opportunities, from front-line service positions to management roles. Individuals with a passion for customer service, organization, and travel can find fulfilling careers in these industries. The revenue generation models within these sectors differ, with the hospitality industry relying on room rates, food and beverage sales, and additional services, while the tourism industry encompasses ticket sales, transportation services, and partnerships with local businesses.

Customer focus is a fundamental aspect of both industries. The hospitality and tourism sectors prioritize understanding and meeting the unique needs and expectations of their customers. Providing exceptional service, creating personalized experiences, and embracing sustainability are key factors in attracting and retaining customers.

Examples of hospitality businesses include hotels, restaurants, bed and breakfasts, and event venues, while tourism businesses encompass tour operators, attractions, adventure tourism providers, and travel agencies. These businesses play a vital role in attracting tourists and providing diverse and memorable experiences.

In conclusion, the hospitality and tourism industries are dynamic and ever-evolving sectors that contribute significantly to global travel and experiences. By understanding the key differences, employment opportunities, revenue generation models, customer focus, and examples of businesses within these industries, individuals and businesses can effectively navigate this dynamic landscape and contribute to the growth and success of the travel industry as a whole.

TouristSecrets

  • Privacy Overview
  • Strictly Necessary Cookies

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.

Official Website of the International Trade Administration

Official websites use .gov A .gov website belongs to an official government organization in the United States.

Secure Website

Secure .gov websites use HTTPS A lock ( A locked padlock ) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

SelectUSA Logo

  • Search ITA Search

Linn Cove Viaduct in North Carolina in the foreground with fall foliage in the mountains

SelectUSA Travel, Tourism & Hospitality Industry

Industry overview.

According to the National Travel and Tourism Office , the U.S. travel and tourism industry generated almost $1.9 trillion in economic output in 2019, supporting 9.2 million U.S. jobs. Travel and tourism exports accounted for 9 percent of all U.S. exports and 27 percent of all U.S. services exports. That same year, U.S. travel and tourism output represented 2.9 percent of gross domestic product. Expenditures by international visitors in the United States were $233.5 billion in 2019, with almost two-thirds of spending going towards personal expenditures such as health ($1.2 billion) and education ($44.0 billion). 

In 2019, almost $14.1 billion of FDI was invested into the accommodations industry from around the world. The year before, foreign-owned businesses employed 44,000 workers in the accommodations industry of a total 2.05 million employees in December 2018. According to the latest figures for U.S. employment, there were 1.4 million employees in the accommodations industry in December 2020. There were also 68,375 establishments in the accommodations industry across the United States in 2017.

The most common occupations in the industry are maids and housekeeping cleaners and hotel, motel, and resort desk clerks. There were 473,010 mads and housekeeping cleaners employed in the accommodations industry in 2019, and their average annual wage was $26,540. For hotel, motel, and resort desk clerks, there were 251,050 people employed in the industry earning an average annual wage of $25,850.

Almost $44.7 billion was invested from around the world in the U.S. food services and drinking places industry in 2019, and foreign-owned businesses employed 614,400 people of a total employment of 12.0 million employees in this industry in 2018. According to the latest employment figures, there were 9.0 million people employed in the food services and drinking places industry in December 2020. In 2017, there were 657,792 establishments in the hospitality industry, which includes food services and drinking places.

The most common occupations in the food services and drinking places industry are cooks and food preparation workers, as well as food and beverage serving workers. In 2019, there were over 2.4 million cooks and food preparation workers, with over 1.9 million cooks and almost 500,000 food preparation workers. Cooks earned an average annual wage of $26,990, and food preparation workers earned an average annual wage of $24,930. For food and beverage serving workers, there were over 6.1 million people employed in 2019, of which 2.2 million were waiters and waitresses. All food and beverage serving workers in the industry earned an average annual wage of $24,610, and waiters and waitresses earned an average annual wage of $26,530.

There was $158 million in foreign direct investment into the U.S. air transportation industry in 2019, and foreign-owned businesses in the air transportation industry employed between 5,000 and 9,999 workers in 2018 out of a total employment of 497,800 in the industry. According to the latest employment figures, there were 391,700 employees in the air transportation industry in December 2020. As of 2017, there were 4,441 establishments in the air transportation industry.

The most common occupations in the air transportation industry are airline pilots, copilots, and flight engineers; reservation and transportation ticket agents and travel clerks; and aircraft mechanics and service technicians. In 2019, 74,310 people were employed as airline pilots, copilots, and flight engineers in the air transportation industry, and these workers earned an average annual wage of $178,120. There were also 63,670 people employed as reservation and transportation ticket agents and travel clerks in the industry in 2019, earning an average annual wage of $50,140. Finally, there were 38,690 aircraft mechanics and service technicians in the air transportation industry in 2019, and these workers earned an average annual wage of $81,630.  

world map icon

Explore the impact of foreign direct investment on U.S. jobs, exports, and innovation in the travel, tourism, and hospitality industry.

document icon

The Investor Guide is a high-level view of everything from taxes to immigration and workforce to business structures.

chart icon

SelectUSA has created several dashboards to help analyze key FDI data from a variety of sources.

Company meeting

unwto tourism highlights 2022

Un tourism | bringing the world closer.

Unwto 2021: a year in review, 2021: tourism united, resilient and determined.

2021 has been a year of learning and adapting for tourism. It has proven that only by working together can the sector overcome challenges and embrace opportunities.

Gathering the global tourism community and developing concrete actions, UNWTO has led tourism’s response with the vision of not only restarting, but doing so in a more inclusive, innovative and sustainable way.

Jan

January - March

As global tourism faced up to a second year of unprecedented crisis , UNWTO began 2021 by counting the cost so far . At the same time, however, the emergence of vaccines brought hope . The Global Tourism Crisis Committee met to explore what this meant for safe travel and the restart of tourism, while the announcement of the winners of the UNWTO Global Start-up Competition recognized the role culture and creativity will play in tourism’s restart and recovery .  

Feb

April - June

Collaboration and innovation were the focusat the start of the second quarter. UNWTO partnered with IATA on a new Destination Tracker to give both tourists and destinations clear, impartial and trusted advice. And a new Start-up Competition was launched to find the best ideas for accelerating rural development through tourism. In May, the launch of the Best Tourism Villages by UNWTO generated significant interest from Members in every global region. 

Mar 2021

July - September

As destinations in Europe welcomed tourists back for the peak summer season, UNWTO highlighted the role of  digital solutions for the safe restart of the sector. But UNWTO also looked ahead, to a more sustainable future , working with key partners to  reduce plastic waste and consumption across every part of the sector. Together, we celebrated World Tourism Day around the theme of Tourism for Inclusive Growth, a message of solidarity and determination that was echoed on a global scale.

April 2021

October - December

The final quarter of 2021 began with cautious optimism as UNWTO’s Barometer showed signs of improvement in tourist arrival numbers during the summer season in the northern hemisphere. A new partnership with Netflix will bring the message of tourism as a driver of opportunity to a massive global audience, while in November, UNWTO was tourism’s voice at COP26 and signatories to the landmark Glasgow Declaration keep growing. Finally, against the backdrop of the UNWTO General Assembly , the programme of work for the coming biennium was approved and 77% of Members voted to secure a second mandate for the Secretary-General from 2022-2025.

Growing and Moving Forward

UNWTO brings together political leaders from across the globe to deliver a strong, coordinated response. Governments, destinations, fellow UN agencies and international organizations met at key international events joining efforts to rethink tourism. Institutional coordination has proven crucial to find the solutions that build a smarter, greener and safer tourism.

Leaving Nobody Behind

The pledge to ‘ leave nobody behind ’ means nobody should miss out : Not now as we support the sector in the face of crisis, and not in the future as tourism starts again. Tourism is a proven driver of equality and opportunity. And that’s why we turn words into actions, delivering guidelines and action plans , to ensure everyone can enjoy the opportunities tourism brings.

A Shared Vision

Advancing the transformation of the tourism sector , partnerships are the only way forward. In 2021, UNWTO signed agreements with international organizations and the private sector to step our vision for the future of tourism: innovation , education , sustainability , green investment , rural development.

From business as usual to Covid-19

Looking to the future

  • Regional Support Office for Asia and the Pacific (RSOAP)
  • Member States in Asia and the Pacific
  • SUSTAINABLE TOURISM OBSERVATORIES (INSTO)

Logo

World Tourism Barometer: September 2022

UNWTO updates World Tourism Barometer and reports international tourism back to 60% of pre-pandemic levels from January to July 2022

unwto tourism highlights 2022

Below are excerpts from the September 2022 release of the UNWTO Tourism Barometer :

  • The steady recovery reflects strong pent-up demand for international travel, especially in the months of June and July which are part of the Northern Hemisphere summer season. The easing or lifting of travel restrictions in an increasing number of countries also contributed to boost results.
  • International tourist arrivals almost tripled (+172%) in January-July 2022 compared to the same period of 2021. Numbers climbed from -64% in January 2022 (versus 2019) to -28% in July, the strongest month since the start of the pandemic.
  • Asia and the Pacific (+165%) saw arrivals more than double in the first seven months of 2022, though they remained 86% below 2019 levels.
  • The ongoing recovery can also be seen in outbound tourism spending from major source markets. Expenditure from France was at -12% in January-July 2022 compared to 2019 while spending from Germany stood at -14%. International tourism spending remained at -10% in Belgium, -23% in Italy and -26% in the United States.
  • The uncertain economic environment seems to have reversed prospects for a return to pre-pandemic levels in the near term. 61% of UNWTO Panel of Experts now see a potential return of international arrivals to 2019 levels in 2024 or later while those indicating a return to pre-pandemic levels in 2023 has diminished (27%) compared to the May survey (48%).

unwto tourism highlights 2022

Know more about the global tourism sector performance from January to July 2022 by checking the UNWTO World Tourism Barometer Volume 20, Issue 5 .

LEAVE A REPLY Cancel reply

Save my name, email, and website in this browser for the next time I comment.

Regional Support Office in Asia and the Pacific (RSOAP)

Rsoap a to z.

  • Sustainable Tourism Observatories(INSTO)

UNWTO A to Z

  • About UNWTO
  • Affiliate Members
  • Member States
  • Tourism in the 2030 Agenda
  • World Tourism Day
  • Technical Cooperation
  • ASIA AND THE PACIFIC
  • MIDDLE EAST
  • RESOURCES/SERVICES
  • Sustainable Development of Tourism
  • Ethics, Culture and Social Responsibility
  • Market Intelligence
  • Tourism Data Dashboard
  • Publications
  • UNWTO Academy

Partners links

unwto tourism highlights 2022

© UNWTO Regional Support Office for Asia and the Pacific (RSOAP)

  • Course Catalog

Logo

TOURISM TRENDS 2022

unwto tourism highlights 2022

11 Aug TOURISM TRENDS 2022

The situation for tourism remains rather unusual as a result of the ongoing COVID-19 pandemic.

The crisis has marked a significant change for everyone, and above all for tourism, one of sectors hit hardest by the virus. 2020 was the year in which international tourism came to a near-complete standstill, and the only alternatives were domestic and local tourism.

2021 has seen some improvements, but only in a very subtle way as restrictions are still in place and many countries keep their borders fully or partially closed.

It is difficult to make an estimate for 2022 as it is not known how the pandemic will evolve. However, it is possible to talk about the new tourism trends that are likely to emerge over the coming year: – International travel with restrictions still maintained by both destinations and airlines in order to offer 100% security to the consumer.

– Reinforcement of COVID-19 testing; two years after the pandemic, COVID testing will still be in place as a preventive measure. – Conscious travel will be advocated. Travel to more distant destinations, but with prolonged durations of stay, as consumers look to enjoy as much of each place they visit as possible. – Green travel. Climate change is a problem that is present and growing. Consumers now are much more responsible and aware of the reality they live in on daily basis.

– A new trend is the “ed-ventures”. It is about combining education and holidays for the youngest members of the family. While adults may need to telework or attend meetings, their children can be doing workshops and learning in a playful way.

  • Client log in

Metallurgicheskii Zavod Electrostal AO (Russia)

In 1993 "Elektrostal" was transformed into an open joint stock company. The factory occupies a leading position among the manufacturers of high quality steel. The plant is a producer of high-temperature nickel alloys in a wide variety. It has a unique set of metallurgical equipment: open induction and arc furnaces, furnace steel processing unit, vacuum induction, vacuum- arc furnaces and others. The factory has implemented and certified quality management system ISO 9000, received international certificates for all products. Elektrostal today is a major supplier in Russia starting blanks for the production of blades, discs and rolls for gas turbine engines. Among them are companies in the aerospace industry, defense plants, and energy complex, automotive, mechanical engineering and instrument-making plants.

Headquarters Ulitsa Zheleznodorozhnaya, 1 Elektrostal; Moscow Oblast; Postal Code: 144002

Contact Details: Purchase the Metallurgicheskii Zavod Electrostal AO report to view the information.

Website: http://elsteel.ru

EMIS company profiles are part of a larger information service which combines company, industry and country data and analysis for over 145 emerging markets.

To view more information, Request a demonstration of the EMIS service

Facts.net

Turn Your Curiosity Into Discovery

Latest facts.

11 Facts About National Numeracy Day May 22nd

11 Facts About National Numeracy Day May 22nd

9 Facts About Workers Memorial Day April 28th

9 Facts About Workers Memorial Day April 28th

40 facts about elektrostal.

Lanette Mayes

Written by Lanette Mayes

Modified & Updated: 02 Mar 2024

Jessica Corbett

Reviewed by Jessica Corbett

40-facts-about-elektrostal

Elektrostal is a vibrant city located in the Moscow Oblast region of Russia. With a rich history, stunning architecture, and a thriving community, Elektrostal is a city that has much to offer. Whether you are a history buff, nature enthusiast, or simply curious about different cultures, Elektrostal is sure to captivate you.

This article will provide you with 40 fascinating facts about Elektrostal, giving you a better understanding of why this city is worth exploring. From its origins as an industrial hub to its modern-day charm, we will delve into the various aspects that make Elektrostal a unique and must-visit destination.

So, join us as we uncover the hidden treasures of Elektrostal and discover what makes this city a true gem in the heart of Russia.

Key Takeaways:

  • Elektrostal, known as the “Motor City of Russia,” is a vibrant and growing city with a rich industrial history, offering diverse cultural experiences and a strong commitment to environmental sustainability.
  • With its convenient location near Moscow, Elektrostal provides a picturesque landscape, vibrant nightlife, and a range of recreational activities, making it an ideal destination for residents and visitors alike.

Known as the “Motor City of Russia.”

Elektrostal, a city located in the Moscow Oblast region of Russia, earned the nickname “Motor City” due to its significant involvement in the automotive industry.

Home to the Elektrostal Metallurgical Plant.

Elektrostal is renowned for its metallurgical plant, which has been producing high-quality steel and alloys since its establishment in 1916.

Boasts a rich industrial heritage.

Elektrostal has a long history of industrial development, contributing to the growth and progress of the region.

Founded in 1916.

The city of Elektrostal was founded in 1916 as a result of the construction of the Elektrostal Metallurgical Plant.

Located approximately 50 kilometers east of Moscow.

Elektrostal is situated in close proximity to the Russian capital, making it easily accessible for both residents and visitors.

Known for its vibrant cultural scene.

Elektrostal is home to several cultural institutions, including museums, theaters, and art galleries that showcase the city’s rich artistic heritage.

A popular destination for nature lovers.

Surrounded by picturesque landscapes and forests, Elektrostal offers ample opportunities for outdoor activities such as hiking, camping, and birdwatching.

Hosts the annual Elektrostal City Day celebrations.

Every year, Elektrostal organizes festive events and activities to celebrate its founding, bringing together residents and visitors in a spirit of unity and joy.

Has a population of approximately 160,000 people.

Elektrostal is home to a diverse and vibrant community of around 160,000 residents, contributing to its dynamic atmosphere.

Boasts excellent education facilities.

The city is known for its well-established educational institutions, providing quality education to students of all ages.

A center for scientific research and innovation.

Elektrostal serves as an important hub for scientific research, particularly in the fields of metallurgy, materials science, and engineering.

Surrounded by picturesque lakes.

The city is blessed with numerous beautiful lakes, offering scenic views and recreational opportunities for locals and visitors alike.

Well-connected transportation system.

Elektrostal benefits from an efficient transportation network, including highways, railways, and public transportation options, ensuring convenient travel within and beyond the city.

Famous for its traditional Russian cuisine.

Food enthusiasts can indulge in authentic Russian dishes at numerous restaurants and cafes scattered throughout Elektrostal.

Home to notable architectural landmarks.

Elektrostal boasts impressive architecture, including the Church of the Transfiguration of the Lord and the Elektrostal Palace of Culture.

Offers a wide range of recreational facilities.

Residents and visitors can enjoy various recreational activities, such as sports complexes, swimming pools, and fitness centers, enhancing the overall quality of life.

Provides a high standard of healthcare.

Elektrostal is equipped with modern medical facilities, ensuring residents have access to quality healthcare services.

Home to the Elektrostal History Museum.

The Elektrostal History Museum showcases the city’s fascinating past through exhibitions and displays.

A hub for sports enthusiasts.

Elektrostal is passionate about sports, with numerous stadiums, arenas, and sports clubs offering opportunities for athletes and spectators.

Celebrates diverse cultural festivals.

Throughout the year, Elektrostal hosts a variety of cultural festivals, celebrating different ethnicities, traditions, and art forms.

Electric power played a significant role in its early development.

Elektrostal owes its name and initial growth to the establishment of electric power stations and the utilization of electricity in the industrial sector.

Boasts a thriving economy.

The city’s strong industrial base, coupled with its strategic location near Moscow, has contributed to Elektrostal’s prosperous economic status.

Houses the Elektrostal Drama Theater.

The Elektrostal Drama Theater is a cultural centerpiece, attracting theater enthusiasts from far and wide.

Popular destination for winter sports.

Elektrostal’s proximity to ski resorts and winter sport facilities makes it a favorite destination for skiing, snowboarding, and other winter activities.

Promotes environmental sustainability.

Elektrostal prioritizes environmental protection and sustainability, implementing initiatives to reduce pollution and preserve natural resources.

Home to renowned educational institutions.

Elektrostal is known for its prestigious schools and universities, offering a wide range of academic programs to students.

Committed to cultural preservation.

The city values its cultural heritage and takes active steps to preserve and promote traditional customs, crafts, and arts.

Hosts an annual International Film Festival.

The Elektrostal International Film Festival attracts filmmakers and cinema enthusiasts from around the world, showcasing a diverse range of films.

Encourages entrepreneurship and innovation.

Elektrostal supports aspiring entrepreneurs and fosters a culture of innovation, providing opportunities for startups and business development.

Offers a range of housing options.

Elektrostal provides diverse housing options, including apartments, houses, and residential complexes, catering to different lifestyles and budgets.

Home to notable sports teams.

Elektrostal is proud of its sports legacy, with several successful sports teams competing at regional and national levels.

Boasts a vibrant nightlife scene.

Residents and visitors can enjoy a lively nightlife in Elektrostal, with numerous bars, clubs, and entertainment venues.

Promotes cultural exchange and international relations.

Elektrostal actively engages in international partnerships, cultural exchanges, and diplomatic collaborations to foster global connections.

Surrounded by beautiful nature reserves.

Nearby nature reserves, such as the Barybino Forest and Luchinskoye Lake, offer opportunities for nature enthusiasts to explore and appreciate the region’s biodiversity.

Commemorates historical events.

The city pays tribute to significant historical events through memorials, monuments, and exhibitions, ensuring the preservation of collective memory.

Promotes sports and youth development.

Elektrostal invests in sports infrastructure and programs to encourage youth participation, health, and physical fitness.

Hosts annual cultural and artistic festivals.

Throughout the year, Elektrostal celebrates its cultural diversity through festivals dedicated to music, dance, art, and theater.

Provides a picturesque landscape for photography enthusiasts.

The city’s scenic beauty, architectural landmarks, and natural surroundings make it a paradise for photographers.

Connects to Moscow via a direct train line.

The convenient train connection between Elektrostal and Moscow makes commuting between the two cities effortless.

A city with a bright future.

Elektrostal continues to grow and develop, aiming to become a model city in terms of infrastructure, sustainability, and quality of life for its residents.

In conclusion, Elektrostal is a fascinating city with a rich history and a vibrant present. From its origins as a center of steel production to its modern-day status as a hub for education and industry, Elektrostal has plenty to offer both residents and visitors. With its beautiful parks, cultural attractions, and proximity to Moscow, there is no shortage of things to see and do in this dynamic city. Whether you’re interested in exploring its historical landmarks, enjoying outdoor activities, or immersing yourself in the local culture, Elektrostal has something for everyone. So, next time you find yourself in the Moscow region, don’t miss the opportunity to discover the hidden gems of Elektrostal.

Q: What is the population of Elektrostal?

A: As of the latest data, the population of Elektrostal is approximately XXXX.

Q: How far is Elektrostal from Moscow?

A: Elektrostal is located approximately XX kilometers away from Moscow.

Q: Are there any famous landmarks in Elektrostal?

A: Yes, Elektrostal is home to several notable landmarks, including XXXX and XXXX.

Q: What industries are prominent in Elektrostal?

A: Elektrostal is known for its steel production industry and is also a center for engineering and manufacturing.

Q: Are there any universities or educational institutions in Elektrostal?

A: Yes, Elektrostal is home to XXXX University and several other educational institutions.

Q: What are some popular outdoor activities in Elektrostal?

A: Elektrostal offers several outdoor activities, such as hiking, cycling, and picnicking in its beautiful parks.

Q: Is Elektrostal well-connected in terms of transportation?

A: Yes, Elektrostal has good transportation links, including trains and buses, making it easily accessible from nearby cities.

Q: Are there any annual events or festivals in Elektrostal?

A: Yes, Elektrostal hosts various events and festivals throughout the year, including XXXX and XXXX.

Was this page helpful?

Our commitment to delivering trustworthy and engaging content is at the heart of what we do. Each fact on our site is contributed by real users like you, bringing a wealth of diverse insights and information. To ensure the highest standards of accuracy and reliability, our dedicated editors meticulously review each submission. This process guarantees that the facts we share are not only fascinating but also credible. Trust in our commitment to quality and authenticity as you explore and learn with us.

Share this Fact:

19th Edition of Global Conference on Catalysis, Chemical Engineering & Technology

  • Victor Mukhin

Victor Mukhin, Speaker at Chemical Engineering Conferences

Victor M. Mukhin was born in 1946 in the town of Orsk, Russia. In 1970 he graduated the Technological Institute in Leningrad. Victor M. Mukhin was directed to work to the scientific-industrial organization "Neorganika" (Elektrostal, Moscow region) where he is working during 47 years, at present as the head of the laboratory of carbon sorbents.     Victor M. Mukhin defended a Ph. D. thesis and a doctoral thesis at the Mendeleev University of Chemical Technology of Russia (in 1979 and 1997 accordingly). Professor of Mendeleev University of Chemical Technology of Russia. Scientific interests: production, investigation and application of active carbons, technological and ecological carbon-adsorptive processes, environmental protection, production of ecologically clean food.   

Title : Active carbons as nanoporous materials for solving of environmental problems

Quick links.

  • Conference Brochure
  • Tentative Program

Watsapp

2022 has been the year to rethink tourism. Countries around the world turned UNWTO's vision for a greener, smarter and more inclusive sector into real action. 2020 showed the relevance of tourism for sustainable development. 2021 laid the foundations for the transformation of the sector. In 2022, we made it happen. 2022 began on a positive note.

According to the latest UNWTO World Tourism Barometer, international tourism saw a strong rebound in the first five months of 2022, with almost 250 million international arrivals recorded. This compares to 77 million arrivals from January to May 2021 and means that the sector has recovered almost half (46%) of pre-pandemic 2019 levels. UN ...

International Tourism Highlights, 2023 Edition - The Impact of COVID-19 on Tourism (2020-2022) ISBN (printed version): 978-92-844-2497-9 ISBN (electronic version): 978-92-844-2498-6 DOI: 10.18111/9789284424986 Published by the World Tourism Organization (UNWTO), Madrid, Spain First published: September 2023 Revised and updated: October 2023

Find out the latest updates from the UNWTO on tourism trends, challenges and opportunities in 2022 and beyond. Learn about the UNWTO's activities, projects and partnerships in various regions and topics, such as sustainable tourism, gastronomy, investment and education.

International Tourism and COVID-19. Export revenues from international tourism dropped 62% in 2020 and 59% in 2021, versus 2019 (real terms) and then rebounded in 2022, remaining 34% below pre-pandemic levels. The total loss in export revenues from tourism amounts to USD 2.6 trillion for that three-year period. Go to Dashboard.

According to the latest UNWTO World Tourism Barometer, international tourist arrivals almost tripled in January to July 2022 (+172%) compared to the same period of 2021. This means t he sector recovered almost 60% of pre-pandemic levels. The steady recovery reflects strong pent-up demand for international travel as well as the easing or lifting ...

The time is now to seize this opportunity to rethink how we do tourism. The official World Tourism Day celebration will be held in Bali, Indonesia, on 27 September, highlighting the shift towards tourism being recognized as a crucial pillar of development. Wonderful Indonesia - Witness the 42nd World Tourism Day 2022 in Bali, Indonesia!

In terms of tourist numbers, the year 2022 is expected to close with over 900 million international arrivals, despite growing challenges pointing to a softening of the recovery pace. International tourist arrivals: 2020, 2021 and Scenarios for 2022 (monthly change over 2019,%) Source UNWTO World Tourism Barometer: November 2022 Press Release.

January - March. As global tourism faced up to a second year of unprecedented crisis, UNWTO began 2021 by counting the cost so far.At the same time, however, the emergence of vaccines brought hope.The Global Tourism Crisis Committee met to explore what this meant for safe travel and the restart of tourism, while the announcement of the winners of the UNWTO Global Start-up Competition ...

Below are excerpts from the latest World Tourism Barometer May 2022 issue: According to the latest UNWTO World Tourism Barometer, international tourism saw a 182% year-on-year increase in January-March 2022, with destinations worldwide welcoming an estimated 117 million international arrivals compared to 41 million in Q1 2021.

The UNWTO Elibrary is an online service from the World Tourism Organization (UNWTO) with a broad coverage of tourism and related subject areas. ... International Tourism Highlights, 2023 Edition - The Impact of COVID-19 on Tourism (2020-2022) Revised and updated, October 2023. Released: December 2023.

The 7th UNWTO World Forum on Gastronomy Tourism will be held from Monday, December 12 to Thursday, December 15, 2022 (4 days).

The economic contribution of tourism (tourism direct gross domestic product) is estimated at US$1.9 trillion in 2021, above the US$1.6 trillion in 2020, but still well below the pre-pandemic value of US$ 3.5 trillion. The latest UNWTO Panel of Experts survey indicates that 61% of tourism professionals expect better performance in 2022 than in 2021.

Below are relevant points to the July 2022 World Tourism Barometer: Nearly 250 million international trips were recorded worldwide in the first five months of the year, more than three times the number of arrivals recorded in the same period of 2021 (77 million). Robust performance is also reflected in hotel occupancy rates.

2022-10-28. Below are excerpts from the September 2022 release of the UNWTO Tourism Barometer: The steady recovery reflects strong pent-up demand for international travel, especially in the months of June and July which are part of the Northern Hemisphere summer season. The easing or lifting of travel restrictions in an increasing number of ...

International tourism continues to outpace the global economy. 2. Driven by a relatively strong global economy, a growing middle class in emerging economies, technological advances, new business models, affordable travel costs and visa facilitation, international tourist arrivals grew 5% in 2018 to reach the 1.4 billion mark.

UNWTO Tourism Academy | TOURISM TRENDS 2022. The situation for tourism remains rather unusual as a result of the ongoing COVID-19 pandemic. The crisis has marked a significant change for everyone, and above all for tourism, one of sectors hit hardest by the virus. 2020 was the year in which international tourism came to a near-complete ...

International Tourism Highlights, 2023 Edition - The Impact of COVID-19 on Tourism (2020-2022) Revised and updated, October 2023 Published: December 2023 Pages: 32

International Tourism Highlights, 2020 Edition. Published: January 2021 Pages: 23. eISBN: 978-92-844-2245-6 | ISBN: 978-92-844-2244-9. Abstract: 2019 was another year of strong growth, though international arrivals grew below the exceptional rates seen in 2017 (+7%) and 2018 (+6%). Demand was somewhat weaker for travel to advanced economy ...

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing | Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding. Full name: Metallurgicheskii Zavod Electrostal AO Profile Updated: February 22, 2024. Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Russian ...

40 Facts About Elektrostal. Elektrostal is a vibrant city located in the Moscow Oblast region of Russia. With a rich history, stunning architecture, and a thriving community, Elektrostal is a city that has much to offer. Whether you are a history buff, nature enthusiast, or simply curious about different cultures, Elektrostal is sure to ...

Catalysis Conference is a networking event covering all topics in catalysis, chemistry, chemical engineering and technology during October 19-21, 2017 in Las Vegas, USA. Well noted as well attended meeting among all other annual catalysis conferences 2018, chemical engineering conferences 2018 and chemistry webinars.

In the city of Elektrostal in Russia, a drone attack occurred. It's reported that no one was injured as a result of the incident. Additional details, including the particulars of the attack, potential motives or responsible parties, have not been provided. However, the fact that a drone was used as a means of attack underscores

Explore Jobs

  • Jobs Near Me
  • Remote Jobs
  • Full Time Jobs
  • Part Time Jobs
  • Entry Level Jobs
  • Work From Home Jobs

Find Specific Jobs

  • $15 Per Hour Jobs
  • $20 Per Hour Jobs
  • Hiring Immediately Jobs
  • High School Jobs
  • H1b Visa Jobs

Explore Careers

  • Business And Financial
  • Architecture And Engineering
  • Computer And Mathematical

Explore Professions

  • What They Do
  • Certifications
  • Demographics

Best Companies

  • Health Care
  • Fortune 500

Explore Companies

  • CEO And Executies
  • Resume Builder
  • Career Advice
  • Explore Majors
  • Questions And Answers
  • Interview Questions

25 Hotel Industry Statistics [2023]: Hotel Rate Trends And Market Data

travel hospitality and tourism industry is providing first

  • Wedding Industry Statistics
  • Yoga Industry Statistics
  • Music Industry Statistics
  • Landscaping Industry Statistics
  • Bicycle Industry Statistics
  • Coffee Industry Statistics
  • Car Rental Industry Statistics
  • Home Improvement Industry Statistics
  • Insurance Industry Statistics
  • Supplements Industry Statistics
  • Golf Industry Statistics
  • Fitness Industry Statistics
  • US Media And Entertainment Industry Statistics
  • Firearm Industry Statistics
  • Financial Services Industry Statistics
  • Health And Wellness Industry Statistics
  • Trucking Industry Statistics
  • Wine Industry Statistics
  • Pet Industry Statistics
  • Mobile App Industry Statistics
  • Digital Marketing Industry Statistics
  • Hotel Industry Statistics
  • Retail Statistics
  • Robotics Industry Statistics
  • Jewelry Industry Statistics
  • Appointment Scheduling statistics
  • Restaurant Industry Statistics
  • Food Delivery Statistics
  • Food Truck Industry
  • Fashion Industry
  • Real Estate Industry
  • US Film Industry
  • US Beverage Industry
  • USu202fFast Food Restaurants
  • US Construction Industry
  • US Book Industry
  • Cosmetics Industry
  • US Food Retail Industry
  • US Pharmaceutical Industry
  • US Healthcare Industry
  • Airline Industry
  • Automobile Industry
  • Transportation Industry Statistics
  • Event Industry Statistics
  • Project Management Statistics
  • Oil And Gas Industry Statistics
  • Nursing Home Statistics
  • Nursing Shortage Statistics
  • Nursing Statistics

Research Summary. The hotel industry not only reaches across the globe but also spans a wide cross-section of options ranging from budget motels to luxury resorts, making it an interesting field to study. Here are the key statistics on the hotel industry:

There are at least 187,000 hotels in the world as of 2023.

There are an estimated 17.5 million guestrooms in the world.

The global hospitality industry is worth over $4.548 trillion as of 2022.

There are about 1.6 million people employed by the U.S.’s accommodation industry.

The global travel and tourism industry was worth $4.671 trillion in 2020 , down from its $9.17 trillion value in 2019.

The average U.S. hotel occupancy rate is 64.2% as of February 2023.

1.6 million Americans are employed by the accommodation industry

Hotel Industry Statistics by Consumer Preferences

78% of millennials would rather spend their money on experiences than on things.

Hotels with a significant number of high-quality photos on their websites see a 15% increase in conversion rates.

This is compared to hotels that use few and/or low-quality photos. Including good photos of hotel rooms and amenities helps travelers know what they’re getting into and better imagine themselves there.

TripAdvisor shared that the number of photos a hotel has on its TripAdvisor profile has the most impact on traveler engagement with the listing.

More specifically, properties with at least one photo see a 138% increase in engagement and are 225% more likely to receive a booking inquiry, and those with over 100 photos see a 151% increase in engagement and are 283% more likely to receive a booking inquiry.

Europe has the highest hotel occupancy rate of any region in the world.

As of 2019, European hotels have an occupancy rate of 72.2%, meaning an average of 72.2% of all hotel rooms are occupied.

US Hotel Industry Statistics

There are 90,562 hotel and motel businesses in the U.S.

This number is a 0.4% increase from 2021, which is on trend with the average annual growth rate of 0.4% that this industry has seen from 2017 to 2022.

travel hospitality and tourism industry is providing first

There are approximately 5.29 million hotel rooms in the U.S.

The U.S. hotel and motel industry is worth $177.6 billion.

This industry is predicted to grow by 33.6% throughout 2022 as it continues to recover from the COVID-19 pandemic, although it’s seen an average annual decline of 2.4% from 2017 to 2022.

travel hospitality and tourism industry is providing first

The U.S. tourism industry was valued at $545.11 billion in 2020.

In 2020, U.S. hotels had an average occupancy rate of 44%.

Hotel Industry Statistics by Employment

The U.S.’s accommodation industry employs about 1.6 million people.

In Q1 2019, there were 1.352 million gross job gains in the U.S. leisure and hospitality sector.

Here are data points for each quarter from Q1 2019 through Q2 2021.

In Q1 of 2019, there were 1.22 million gross job losses in the U.S. leisure and hospitality industry.

Here are the numbers for each quarter following that through Q2 2021:

The average employee of the U.S. leisure and hospitality industry makes $19.44 an hour.

32% of U.S. leisure and hospitality industry employees have access to employer-sponsored health care.

43% get paid vacation from their employers, and 50% receive paid sick leave .

Hotel Industry Trends and Projections

In 2019, the global hotels and resorts market was worth over $1.5 trillion.

This was just before the COVID-19 pandemic caused widespread lockdowns in 2020, and it was the pinnacle of seven years of nearly continuous growth.

From 2021 to 2025, the global hotel and travel accommodation industry is projected to have a CAGR of 7%.

This will result in a market value of $1.05 trillion in 2025. In 2020, the global hotel and travel accommodation market was worth $673.02 billion, and it grew to $801.9 billion in 2021, which is a CAGR of 19.1%.

In 2020, travel and tourism contributed $4.671 trillion to the global GDP.

While this is a significant amount of money, it is also a significant decrease from the $9.17 trillion it contributed in 2019. This is a result of the 2020 COVID-19 lockdowns that significantly reduced the amount of travel in the world.

travel hospitality and tourism industry is providing first

From 2008 to 2018, the number of hotels around the world has increased by nearly 14,300.

travel hospitality and tourism industry is providing first

Hotel Industry Statistics FAQ

What is the growth rate of the hotel industry?

The growth rate of the hotel industry is 19.1%. This was the CAGR from 2020 to 2021 as the global hotel industry reopened after the COVID-19 pandemic lockdowns began to lift.

What are the four segments of the hospitality industry?

The four segments of the hospitality industry are Food and Beverage, Accommodation (also referred to as Lodging), Travel and Tourism, and Entertainment and Recreation.

You don’t necessarily have to be traveling to enjoy the hospitality industry’s offerings. The Food and Beverage sector, for example, includes restaurants , bowling alley food, and concessions stands, not just hotel restaurants. As a result, this is the largest sector of the hospitality industry.

The Accommodation or Lodging sector includes hotels, campgrounds, rental homes, and any other facility that gives people a place to sleep. This includes resorts, motels, and hostels all alike.

The Travel and Tourism sector covers the actual act of traveling via airlines, cruise ships, trains, taxis, and more. Whether you’re traveling for leisure or business, chances are you’ll utilize at least one of travel and tourism’s offerings on a trip.

The last sector of the hospitality industry is Entertainment and Recreation. This sector is made up of all the activities that people do just for the enjoyment of it. These include:

Swimming pools

Spectator sports

Movie theaters

Participatory sports (e.g., scuba diving, golf, tennis)

Amusement parks

How many American hospitality workers were fired or laid off in 2020?

10.65 million American hospitality workers were fired or laid off in 2020. While About 1.2 to 1.4 million people in this industry lost their jobs each quarter throughout 2019, 1.695 found themselves unemployed in Q1 2020, and a whopping 6.331 million were suddenly unemployed in Q2 2020 due to the COVID-19 pandemic lockdowns.

Is the hotel industry recovering?

Yes, the hotel industry is recovering. The global hotel and travel accommodation industry is expected to have a CAGR of 7% from 2021 to 2025.

What are the latest trends in the hotel industry?

The latest trends in the hotel industry are high-tech, green facilities, alternative accommodation options, and incorporating experiences into hotel stays.

Hotels are beginning to implement more and more smart technology, whether it’s a keyless entry or turning on the AC with an app. In addition, many hotels are looking for ways to reduce their carbon footprint by conserving water, reducing single-use plastics, and earning their LEED certifications.

Another hotel industry trend is that travelers (especially millennials) are looking more toward alternative accommodation options, whether that’s a rental house or villa, a mobile home, or hotels with a personality that reflect the local culture rather than standardized branding.

Hotels are responding to this by focusing on opening boutique hotels and facilities that bring unique elements to their decor, amenities, and even floor plans.

The hotel industry is a major player in the global and U.S. economies. In 2022, the global hotel industry was worth more than $4.548 trillion and is projected to see a CAGR of 7% from 2021 to 2025. In the U.S. alone, the hotel and motel industry is worth $177.6 billion, and the tourism industry is worth $545.11 billion.

Lockdowns in response to the COVID-19 pandemic in 2020 significantly impacted this industry. The worldwide travel and tourism industry contributed $4.671 trillion to the global GDP in 2020, which is just over half the amount it contributed in 2019 ($9.17 trillion).

In the U.S., over seven million leisure and hospitality industry employees lost their jobs during the first six months of 2020, compared to the just over five million that found themselves unemployed throughout all of 2019. Hotel occupancy rates also dropped by 33.3% from 2019 to 2020.

Eventbrite. “ Millennials: Fueling the Experience Economy. ” Accessed on February 16, 2022.

Medium . “ The Importance of Imagery on Hotel Websites. ” Accessed on February 16, 2022.

Frederic Gonzalo. “ Photos Impact Bookings More Than Reviews. ” Accessed on February 16, 2022.

Statista. “ Occupancy Rate of the Hotel Industry Worldwide From 2008 to 2019, by Region. ” Accessed on February 16, 2022.

IBISWorld. “ Hotels & Motels in the U.S. – Number of Businesses 2005-2027. ” Accessed on February 16, 2022.

Statista. “ Number of Hotel Rooms in the United States From 2017 to 2020, by Chain Scale Segment. ” Accessed on February 16, 2022.

IBISWorld. “ Hotels & Motels in the U.S. – Market Size 2005-2027. ” Accessed on February 16, 2022.

Statista. “ Market Size of the Tourism Sector in the United States From 2011 to 2020, with a Forecast for 2021. ” Accessed on February 16, 2022.

Statista. “ Occupancy Rate of Hotel Industry in the United States From 2001 to 2020. ” Accessed on February 16, 2022.

U.S. Bureau of Labor Statistics. “ Accommodation: NAICS 721. ” Accessed on February 16, 2022.

U.S. Bureau of Labor Statistics. “ Economic News Release: Employment Situation Summary. ” Accessed on February 16, 2022.

U.S. Bureau of Labor Statistics. “ Databases, Tables & Calculators by Subject: Gross Job Gains for the Leisure and Hospitality Sector in the U.S. (Rounded to the Nearest Thousands.) ” Accessed on February 16, 2022.

U.S. Bureau of Labor Statistics. “ Databases, Tables & Calculators by Subject: Gross Job Losses for the Leisure and Hospitality Sector in the U.S. (Rounded to the Nearest Thousands). ” Accessed on February 16, 2022.

U.S. Bureau of Labor Statistics. “ Leisure and Hospitality. ” Accessed on February 16, 2022.

IBISWorld. “ Global Hotels & Resorts – Market Size 2005-2027. ” Accessed on February 16, 2022.

Globe Newswire. “ Global Hotel and Other Travel Accommodation Market Report 2021: Market is Expected to Grow From $673.02 Billion in 2020 to $801.9 Billion in 2021 – Long-term Forecast to 2025 & 2030. ” Accessed on February 16, 2022.

Statista. “ Total Contribution of Travel and Tourism to Gross Domestic Product (GDP) Worldwide From 2006 to 2020. ” Accessed on February 16, 2022.

Statista. “ Total Number of Hotels Worldwide From 2008 to 2018. ” Accessed on February 16, 2022.

Hospitality Net. “ What Are the 4 Segments of the Hospitality Industry. ” Accessed on February 16, 2022.

Hotel Tech Report. “ 100 Hotel Trends You Need To Watch in 2022 & Beyond. ” Accessed on February 16, 2022.

How useful was this post?

Click on a star to rate it!

Average rating / 5. Vote count:

No votes so far! Be the first to rate this post.

' src=

Abby is a writer who is passionate about the power of story. Whether it’s communicating complicated topics in a clear way or helping readers connect with another person or place from the comfort of their couch. Abby attended Oral Roberts University in Tulsa, Oklahoma, where she earned a degree in writing with concentrations in journalism and business.

Recent Job Searches

  • Registered Nurse Jobs Resume Location
  • Truck Driver Jobs Resume Location
  • Call Center Representative Jobs Resume Location
  • Customer Service Representative Jobs Resume
  • Delivery Driver Jobs Resume Location
  • Warehouse Worker Jobs Resume Location
  • Account Executive Jobs Resume Location
  • Sales Associate Jobs Resume Location
  • Licensed Practical Nurse Jobs Resume Location
  • Company Driver Jobs Resume

Related posts

travel hospitality and tourism industry is providing first

30 Crucial Customer Service Statistics To Pay Attention To [2023]: How Businesses Succeed

travel hospitality and tourism industry is providing first

45 Crucial Call Center Statistics [2023]: Metrics, Performance KPIs, And Industry Data

travel hospitality and tourism industry is providing first

What Percentage Of Small Businesses Fail? [2023]: Top Reasons And Failure Rate

travel hospitality and tourism industry is providing first

20 PayPal Statistics + Facts [2023]: How Many People Use PayPal?

  • Career Advice >
  • Industry Statistics >

View prices for your travel dates

  • Excellent 18
  • Very Good 9
  • All languages ( 43 )
  • Russian ( 37 )
  • English ( 4 )
  • German ( 1 )
  • Italian ( 1 )

Google

" DIR: West; bigger nice evening sun but louder due to main street DIR:East; Quiter, very bright in the morning if sun rises "

Own or manage this property? Claim your listing for free to respond to reviews, update your profile and much more.

APELSIN HOTEL

Facts.net

40 Facts About Elektrostal

Lanette Mayes

Written by Lanette Mayes

Modified & Updated: 02 Mar 2024

Jessica Corbett

Reviewed by Jessica Corbett

40-facts-about-elektrostal

Elektrostal is a vibrant city located in the Moscow Oblast region of Russia. With a rich history, stunning architecture, and a thriving community, Elektrostal is a city that has much to offer. Whether you are a history buff, nature enthusiast, or simply curious about different cultures, Elektrostal is sure to captivate you.

This article will provide you with 40 fascinating facts about Elektrostal, giving you a better understanding of why this city is worth exploring. From its origins as an industrial hub to its modern-day charm, we will delve into the various aspects that make Elektrostal a unique and must-visit destination.

So, join us as we uncover the hidden treasures of Elektrostal and discover what makes this city a true gem in the heart of Russia.

Key Takeaways:

  • Elektrostal, known as the “Motor City of Russia,” is a vibrant and growing city with a rich industrial history, offering diverse cultural experiences and a strong commitment to environmental sustainability.
  • With its convenient location near Moscow, Elektrostal provides a picturesque landscape, vibrant nightlife, and a range of recreational activities, making it an ideal destination for residents and visitors alike.

Known as the “Motor City of Russia.”

Elektrostal, a city located in the Moscow Oblast region of Russia, earned the nickname “Motor City” due to its significant involvement in the automotive industry.

Home to the Elektrostal Metallurgical Plant.

Elektrostal is renowned for its metallurgical plant, which has been producing high-quality steel and alloys since its establishment in 1916.

Boasts a rich industrial heritage.

Elektrostal has a long history of industrial development, contributing to the growth and progress of the region.

Founded in 1916.

The city of Elektrostal was founded in 1916 as a result of the construction of the Elektrostal Metallurgical Plant.

Located approximately 50 kilometers east of Moscow.

Elektrostal is situated in close proximity to the Russian capital, making it easily accessible for both residents and visitors.

Known for its vibrant cultural scene.

Elektrostal is home to several cultural institutions, including museums, theaters, and art galleries that showcase the city’s rich artistic heritage.

A popular destination for nature lovers.

Surrounded by picturesque landscapes and forests, Elektrostal offers ample opportunities for outdoor activities such as hiking, camping, and birdwatching.

Hosts the annual Elektrostal City Day celebrations.

Every year, Elektrostal organizes festive events and activities to celebrate its founding, bringing together residents and visitors in a spirit of unity and joy.

Has a population of approximately 160,000 people.

Elektrostal is home to a diverse and vibrant community of around 160,000 residents, contributing to its dynamic atmosphere.

Boasts excellent education facilities.

The city is known for its well-established educational institutions, providing quality education to students of all ages.

A center for scientific research and innovation.

Elektrostal serves as an important hub for scientific research, particularly in the fields of metallurgy, materials science, and engineering.

Surrounded by picturesque lakes.

The city is blessed with numerous beautiful lakes, offering scenic views and recreational opportunities for locals and visitors alike.

Well-connected transportation system.

Elektrostal benefits from an efficient transportation network, including highways, railways, and public transportation options, ensuring convenient travel within and beyond the city.

Famous for its traditional Russian cuisine.

Food enthusiasts can indulge in authentic Russian dishes at numerous restaurants and cafes scattered throughout Elektrostal.

Home to notable architectural landmarks.

Elektrostal boasts impressive architecture, including the Church of the Transfiguration of the Lord and the Elektrostal Palace of Culture.

Offers a wide range of recreational facilities.

Residents and visitors can enjoy various recreational activities, such as sports complexes, swimming pools, and fitness centers, enhancing the overall quality of life.

Provides a high standard of healthcare.

Elektrostal is equipped with modern medical facilities, ensuring residents have access to quality healthcare services.

Home to the Elektrostal History Museum.

The Elektrostal History Museum showcases the city’s fascinating past through exhibitions and displays.

A hub for sports enthusiasts.

Elektrostal is passionate about sports, with numerous stadiums, arenas, and sports clubs offering opportunities for athletes and spectators.

Celebrates diverse cultural festivals.

Throughout the year, Elektrostal hosts a variety of cultural festivals, celebrating different ethnicities, traditions, and art forms.

Electric power played a significant role in its early development.

Elektrostal owes its name and initial growth to the establishment of electric power stations and the utilization of electricity in the industrial sector.

Boasts a thriving economy.

The city’s strong industrial base, coupled with its strategic location near Moscow, has contributed to Elektrostal’s prosperous economic status.

Houses the Elektrostal Drama Theater.

The Elektrostal Drama Theater is a cultural centerpiece, attracting theater enthusiasts from far and wide.

Popular destination for winter sports.

Elektrostal’s proximity to ski resorts and winter sport facilities makes it a favorite destination for skiing, snowboarding, and other winter activities.

Promotes environmental sustainability.

Elektrostal prioritizes environmental protection and sustainability, implementing initiatives to reduce pollution and preserve natural resources.

Home to renowned educational institutions.

Elektrostal is known for its prestigious schools and universities, offering a wide range of academic programs to students.

Committed to cultural preservation.

The city values its cultural heritage and takes active steps to preserve and promote traditional customs, crafts, and arts.

Hosts an annual International Film Festival.

The Elektrostal International Film Festival attracts filmmakers and cinema enthusiasts from around the world, showcasing a diverse range of films.

Encourages entrepreneurship and innovation.

Elektrostal supports aspiring entrepreneurs and fosters a culture of innovation, providing opportunities for startups and business development.

Offers a range of housing options.

Elektrostal provides diverse housing options, including apartments, houses, and residential complexes, catering to different lifestyles and budgets.

Home to notable sports teams.

Elektrostal is proud of its sports legacy, with several successful sports teams competing at regional and national levels.

Boasts a vibrant nightlife scene.

Residents and visitors can enjoy a lively nightlife in Elektrostal, with numerous bars, clubs, and entertainment venues.

Promotes cultural exchange and international relations.

Elektrostal actively engages in international partnerships, cultural exchanges, and diplomatic collaborations to foster global connections.

Surrounded by beautiful nature reserves.

Nearby nature reserves, such as the Barybino Forest and Luchinskoye Lake, offer opportunities for nature enthusiasts to explore and appreciate the region’s biodiversity.

Commemorates historical events.

The city pays tribute to significant historical events through memorials, monuments, and exhibitions, ensuring the preservation of collective memory.

Promotes sports and youth development.

Elektrostal invests in sports infrastructure and programs to encourage youth participation, health, and physical fitness.

Hosts annual cultural and artistic festivals.

Throughout the year, Elektrostal celebrates its cultural diversity through festivals dedicated to music, dance, art, and theater.

Provides a picturesque landscape for photography enthusiasts.

The city’s scenic beauty, architectural landmarks, and natural surroundings make it a paradise for photographers.

Connects to Moscow via a direct train line.

The convenient train connection between Elektrostal and Moscow makes commuting between the two cities effortless.

A city with a bright future.

Elektrostal continues to grow and develop, aiming to become a model city in terms of infrastructure, sustainability, and quality of life for its residents.

In conclusion, Elektrostal is a fascinating city with a rich history and a vibrant present. From its origins as a center of steel production to its modern-day status as a hub for education and industry, Elektrostal has plenty to offer both residents and visitors. With its beautiful parks, cultural attractions, and proximity to Moscow, there is no shortage of things to see and do in this dynamic city. Whether you’re interested in exploring its historical landmarks, enjoying outdoor activities, or immersing yourself in the local culture, Elektrostal has something for everyone. So, next time you find yourself in the Moscow region, don’t miss the opportunity to discover the hidden gems of Elektrostal.

Q: What is the population of Elektrostal?

A: As of the latest data, the population of Elektrostal is approximately XXXX.

Q: How far is Elektrostal from Moscow?

A: Elektrostal is located approximately XX kilometers away from Moscow.

Q: Are there any famous landmarks in Elektrostal?

A: Yes, Elektrostal is home to several notable landmarks, including XXXX and XXXX.

Q: What industries are prominent in Elektrostal?

A: Elektrostal is known for its steel production industry and is also a center for engineering and manufacturing.

Q: Are there any universities or educational institutions in Elektrostal?

A: Yes, Elektrostal is home to XXXX University and several other educational institutions.

Q: What are some popular outdoor activities in Elektrostal?

A: Elektrostal offers several outdoor activities, such as hiking, cycling, and picnicking in its beautiful parks.

Q: Is Elektrostal well-connected in terms of transportation?

A: Yes, Elektrostal has good transportation links, including trains and buses, making it easily accessible from nearby cities.

Q: Are there any annual events or festivals in Elektrostal?

A: Yes, Elektrostal hosts various events and festivals throughout the year, including XXXX and XXXX.

Was this page helpful?

Our commitment to delivering trustworthy and engaging content is at the heart of what we do. Each fact on our site is contributed by real users like you, bringing a wealth of diverse insights and information. To ensure the highest standards of accuracy and reliability, our dedicated editors meticulously review each submission. This process guarantees that the facts we share are not only fascinating but also credible. Trust in our commitment to quality and authenticity as you explore and learn with us.

Share this Fact:

km travel chesterfield 2024 brochure prices

This is our KM Travel Tour Operators page, we have listed the full address of KM Travel as well as phone numbers and websites. KM Travel is in Chesterfield, KM Travel may offer holiday tours, sightseeing tours, and general city tours in Chesterfield.

If you have used KM Travel before be sure to leave your own comment or rating on the city tour or holiday tour that you went on so other poeple wishing to use this company can read fair and honest reviews before the book there holiday with KM Travel. Please remember that KM Travel may offer much more that just UK holiday tours, UK Coach Tours and city tours so remember to contact the travel agents company using the details below to find out more information.

Latest KM Travel Reviews

English (United Kingdom)

  • Transportation (Chesterfield)
  • KM Travel Chesterfield

Chesterfield, United Kingdom

Related places.

  • Get directions
  • Photos page

QR code, vCard

QR code

Activate map

Business hours

Reviews of km travel chesterfield.

  • Things to Do
  • Restaurants
  • Holiday Rentals
  • Travel Stories
  • Add a Place
  • Travel Forum
  • Travellers' Choice
  • Help Centre

Lovely holiday - KM British & European Coach Holiday

  • Europe    
  • United Kingdom (UK)    
  • England    
  • Yorkshire    
  • South Yorkshire    
  • Barnsley    
  • Barnsley - Things to Do    
  • KM British & European Coach Holiday

Brilliant holiday to Torquay, tinsel & turkey 20 th November to Belgrave Sands hotel. The hotel was... read more

km travel chesterfield 2024 brochure prices

Thanks to all at KM TRAVEL especially our driver courier Matt who made the trip more enjoyable and... read more

km travel chesterfield 2024 brochure prices

Trains Moscow to Elektrostal: Times, Prices and Tickets

  • Train Times
  • Seasonality
  • Accommodations

Moscow to Elektrostal by train

The journey from Moscow to Elektrostal by train is 32.44 mi and takes 2 hr 7 min. There are 71 connections per day, with the first departure at 12:15 AM and the last at 11:46 PM. It is possible to travel from Moscow to Elektrostal by train for as little as or as much as . The best price for this journey is .

Get from Moscow to Elektrostal with Virail

Virail's search tool will provide you with the options you need when you want to go from Moscow to Elektrostal. All you need to do is enter the dates of your planned journey, and let us take care of everything else. Our engine does the hard work, searching through thousands of routes offered by our trusted travel partners to show you options for traveling by train, bus, plane, or carpool. You can filter the results to suit your needs. There are a number of filtering options, including price, one-way or round trip, departure or arrival time, duration of journey, or number of connections. Soon you'll find the best choice for your journey. When you're ready, Virail will transfer you to the provider's website to complete the booking. No matter where you're going, get there with Virail.

How can I find the cheapest train tickets to get from Moscow to Elektrostal?

Prices will vary when you travel from Moscow to Elektrostal. On average, though, you'll pay about for a train ticket. You can find train tickets for prices as low as , but it may require some flexibility with your travel plans. If you're looking for a low price, you may need to prepare to spend more time in transit. You can also often find cheaper train tickets at particular times of day, or on certain days of the week. Of course, ticket prices often change during the year, too; expect to pay more in peak season. For the lowest prices, it's usually best to make your reservation in advance. Be careful, though, as many providers do not offer refunds or exchanges on their cheapest train tickets. Unfortunately, no price was found for your trip from Moscow to Elektrostal. Selecting a new departure or arrival city, without dramatically changing your itinerary could help you find price results. Prices will vary when you travel from Moscow to Elektrostal. On average, though, you'll pay about for a train ticket. If you're looking for a low price, you may need to prepare to spend more time in transit. You can also often find cheaper train tickets at particular times of day, or on certain days of the week. Of course, ticket prices often change during the year, too; expect to pay more in peak season. For the lowest prices, it's usually best to make your reservation in advance. Be careful, though, as many providers do not offer refunds or exchanges on their cheapest train tickets.

How long does it take to get from Moscow to Elektrostal by train?

The journey between Moscow and Elektrostal by train is approximately 32.44 mi. It will take you more or less 2 hr 7 min to complete this journey. This average figure does not take into account any delays that might arise on your route in exceptional circumstances. If you are planning to make a connection or operating on a tight schedule, give yourself plenty of time. The distance between Moscow and Elektrostal is around 32.44 mi. Depending on the exact route and provider you travel with, your journey time can vary. On average, this journey will take approximately 2 hr 7 min. However, the fastest routes between Moscow and Elektrostal take 1 hr 3 min. If a fast journey is a priority for you when traveling, look out for express services that may get you there faster. Some flexibility may be necessary when booking. Often, these services only leave at particular times of day - or even on certain days of the week. You may also find a faster journey by taking an indirect route and connecting in another station along the way.

How many journeys from Moscow to Elektrostal are there every day?

On average, there are 71 daily departures from Moscow to Elektrostal. However, there may be more or less on different days. Providers' timetables can change on certain days of the week or public holidays, and many also vary at particular times of year. Some providers change their schedules during the summer season, for example. At very busy times, there may be up to departures each day. The providers that travel along this route include , and each operates according to their own specific schedules. As a traveler, you may prefer a direct journey, or you may not mind making changes and connections. If you have heavy suitcases, a direct journey could be best; otherwise, you might be able to save money and enjoy more flexibility by making a change along the way. Every day, there are an average of 18 departures from Moscow which travel directly to Elektrostal. There are 53 journeys with one change or more. Unfortunately, no connection was found for your trip from Moscow to Elektrostal. Selecting a new departure or arrival city, without dramatically changing your itinerary could help you find connections.

Book in advance and save

If you're looking for the best deal for your trip from Moscow to Elektrostal, booking train tickets in advance is a great way to save money, but keep in mind that advance tickets are usually not available until 3 months before your travel date.

Stay flexible with your travel time and explore off-peak journeys

Planning your trips around off-peak travel times not only means that you'll be able to avoid the crowds, but can also end up saving you money. Being flexible with your schedule and considering alternative routes or times will significantly impact the amount of money you spend on getting from Moscow to Elektrostal.

Always check special offers

Checking on the latest deals can help save a lot of money, making it worth taking the time to browse and compare prices. So make sure you get the best deal on your ticket and take advantage of special fares for children, youth and seniors as well as discounts for groups.

Unlock the potential of slower trains or connecting trains

If you're planning a trip with some flexible time, why not opt for the scenic route? Taking slower trains or connecting trains that make more stops may save you money on your ticket – definitely worth considering if it fits in your schedule.

Best time to book cheap train tickets from Moscow to Elektrostal

The cheapest Moscow - Elektrostal train tickets can be found for as low as $35.01 if you’re lucky, or $54.00 on average. The most expensive ticket can cost as much as $77.49.

Find the best day to travel to Elektrostal by train

When travelling to Elektrostal by train, if you want to avoid crowds you can check how frequently our customers are travelling in the next 30-days using the graph below. On average, the peak hours to travel are between 6:30am and 9am in the morning, or between 4pm and 7pm in the evening. Please keep this in mind when travelling to your point of departure as you may need some extra time to arrive, particularly in big cities!

Moscow to Elektrostal CO2 Emissions by Train

Ecology

Anything we can improve?

Frequently Asked Questions

Go local from moscow, trending routes, weekend getaways from moscow, international routes from moscow and nearby areas, other destinations from moscow, other popular routes.

Na Ulitse Yalagina 13B Apartments

hotel overview picture

Trending Questions

Property policies, frequently asked questions, how much does it cost to stay at na ulitse yalagina 13b apartments, what are the check-in and check-out times at na ulitse yalagina 13b apartments, does na ulitse yalagina 13b apartments provide airport transfer services, what amenities and services does na ulitse yalagina 13b apartments have, does na ulitse yalagina 13b apartments have a swimming pool, does na ulitse yalagina 13b apartments have fitness amenities, does na ulitse yalagina 13b apartments provide wi-fi, does na ulitse yalagina 13b apartments have non-smoking rooms, does na ulitse yalagina 13b apartments have a restaurant, is parking available at na ulitse yalagina 13b apartments, popular hotels, popular attractions, explore more.

Expedia Rewards is now One Key™

Elektrostal, visit elektrostal, check elektrostal hotel availability, popular places to visit.

  • Electrostal History and Art Museum

You can spend time exploring the galleries in Electrostal History and Art Museum in Elektrostal. Take in the museums while you're in the area.

  • Cities near Elektrostal

Photo by Ksander

  • Places of interest
  • Yuri Gagarin Cosmonaut Training Center
  • Peter the Great Military Academy
  • Central Museum of the Air Forces at Monino
  • History of Russian Scarfs and Shawls Museum
  • Balashikha Arena
  • Balashikha Museum of History and Local Lore
  • Bykovo Manor
  • Pekhorka Park
  • Ramenskii History and Art Museum
  • Malenky Puppet Theater
  • Drama Theatre BOOM
  • Likino Dulevo Museum of Local Lore
  • Noginsk Museum and Exhibition Center
  • Pavlovsky Posad Museum of Art and History
  • Saturn Stadium
  • Fairy Tale Children's Model Puppet Theater
  • Fifth House Gallery
  • Church of Vladimir
  • Malakhovka Museum of History and Culture
  • Orekhovo Zuevsky City Exhibition Hall

Destinations in May

Destinations in 2024.

Please note prices are based on two persons sharing a twin/double room. Single room supplements may apply, please call check single availability/price.

Comments are closed.

  • Destinations
  • Hotel Information
  • Private hire
  • Special offers / Late availability
  • Travel Insurance
  • Employment Opportunities

km travel chesterfield 2024 brochure prices

NEW CHRISTMAS TOUR 2024 - Bournemouth - Norfolk Royale Hotel - BROCHURE ADDITION . 2024 EUROPEAN HOLIDAYS - Early release - ITALY - Lake Garda / Alassio Click here to download our 2024 Brochure All Our Holidays Include In The Price: Free Door to Door Taxi ( Subject to Area ) ~ Luxury Coach Travel ~ Reserved Coach Seats . Personally Selected ...

www.kmchesterfield.co.uk

KM Travel of Barnsley, South Yorkshire. Request a brochure by: Calling: 01226 245564 email: [email protected] . download: click here to download the 2024 Tour Brochure.

KM Travel is in Chesterfield, KM Travel may offer holiday tours, sightseeing tours, and general city tours in Chesterfield. If you have used KM Travel before be sure to leave your own comment or rating on the city tour or holiday tour that you went on so other poeple wishing to use this company can read fair and honest reviews before the book ...

What people are saying. " HOLIDAY TO BLACKPOOL ". Oct 2023. Thanks to all at KM TRAVEL especially our driver courier Matt who made the trip more enjoyable and a credit to the co... " Lovely place enjoyed it clean need a bit of investment there ". Aug 2022. Stayed at ilfracombe Devon 14 to 20 Aug the coach was lovely our driver Tony was ...

Reviews, contact details and business hours of KM Travel Chesterfield at 27 Stephenson Place, Chesterfield, Derbyshire. Check out nearby places on a map. Write a review. Log in. ... 21:03 Tuesday, 23 April 2024: Business hours. Monday: 9:00 am - 4:30 pm: Tuesday: 9:00 am - 4:30 pm: Wednesday: 9:00 am - 4:30 pm: Thursday: 9:00 am - 4:30 ...

KM Travel of Barnsley, South Yorkshire. Tel: (01226) 245564 [email protected] . Home. Booking Guide Request Brochure Customer Information Contact Us. ... Our 2024 British Coach Holiday Brochure is now available to download and available shortly from our Market Street office in paper form.

5. £339. Nil. Please note prices are based on two persons sharing a twin/double room. Single room supplements may apply, please call check single availability/price. Price Includes: * Luxury Coach Travel * Local Departure Points. * En-suite bedrooms * Excursions. * Half Board Accommodation.

Page List. (Click on the page required to be linked with that page in the brochure) Page 1 - Front cover. Page 2 - Introduction. Page 3 - Contact information. Customer information. Page 4 - How to make a booking. Holiday index January to June. Page 5 - Holiday index June to December.

Our 2024 UK Brochure is OUT NOW! Order yours today. 01246 474747 Opening Times Brochures . Menu (current) Home Holidays Day Trips ... A-Line Travel 15 Soresby Street Chesterfield S40 1JW 01246 474747 [email protected] . A-Line Travel, Company number 13060548

Lovely holiday. Review of KM British & European Coach Holiday. Reviewed 9 December 2023. Just back from a T&T break at Exmouth. The hotel and food were brilliant, and the driver James was the best. However we had a bad start after waiting nearly one and a half hours in cold and rain at Ilkeston for the coach. I know there was traffic problems ...

Geeveetravelchesterfield, Chesterfield. 1,657 likes · 24 talking about this · 29 were here. DOOR TO DOOR COACH HOLIDAYS DAY TRIPS AND PRIVATE HIRE

Thankyou received our brochure in the post , I see you have new for 2024 Kynren weekend , we went last year and its the most amazing show I've seen well worth going recommended to everybody. 22w. Robert Lindley. Can I have a brochure please 9 monsal crescent Barnsley S71 3PY. 15w.

KM Travel of Barnsley, South Yorkshire. Tel: (01226) 245564 [email protected] . Home. Booking Guide Request Brochure Customer Information Contact Us. Skip to content. Request a brochure by: Calling: 01226 245564 . email: [email protected] download: ... Please note prices are based on two persons sharing a twin/double room ...

Central Air Force Museum The Central Air Force Museum, housed at Monino Airfield, 40 km east of Moscow, Russia, is one of the world's largest aviation museums, and the largest for Russian aircraft. 173 aircraft and 127 aircraft engines are on display, and the museum also features collections of weapons, instruments, uniforms (including captured U2 pilot Gary Powers' uniform), other Cold War ...

The journey from Moscow to Elektrostal by train is 32.44 mi and takes 2 hr 7 min. There are 71 connections per day, with the first departure at 12:15 AM and the last at 11:46 PM. It is possible to travel from Moscow to Elektrostal by train for as little as or as much as . The best price for this journey is . Journey Duration.

KM Travel of Barnsley, South Yorkshire. Tel: (01226) 245564 [email protected] . ... we guarantee excellent customer service and affordable prices. ... Winter/Spring 2024. Blackpool 2024 Potters Resorts 2024. Our booking office is located at: 52, ...

2022 Brochure . Page List ... All Our Holidays Include In The Price: Free Door to Door Taxi ( Subject to Area ) ~ Luxury Coach Travel ~ Reserved Coach Seats . Personally Selected Hotels ~ En-suite Bedrooms ~ Free Varied Excursions . Telephone: 01246 -556617 ...

Prices at Na Ulitse Yalagina 13B Apartments are subject to change according to dates, hotel policy, and other factors. To view prices, please search for the dates you wish to stay at the hotel. What are the check-in and check-out times at Na Ulitse Yalagina 13B Apartments? The check-in time is after 14:00 and the check-out time is before 12:00.

Cities near Elektrostal. Places of interest. Pavlovskiy Posad Noginsk. Travel guide resource for your visit to Elektrostal. Discover the best of Elektrostal so you can plan your trip right.

IMAGES

  1. Tourism Industry: Here's all you should know about the structure

    travel hospitality and tourism industry is providing first

  2. Global Future of Tourism and Travel Industry that You Need to Know

    travel hospitality and tourism industry is providing first

  3. An Overview of the Hospitality and Tourism Industry

    travel hospitality and tourism industry is providing first

  4. Tourism Industry: Here's all you should know about the structure

    travel hospitality and tourism industry is providing first

  5. Introduction to the Travel and Tourism Industry

    travel hospitality and tourism industry is providing first

  6. An Overview of the Hospitality and Tourism Industry

    travel hospitality and tourism industry is providing first

VIDEO

  1. MARKETING IN HOSPITALITY AND TOURISM (HFT10303) INDIVIDUAL ASSIGNMENT

COMMENTS

  1. Future of tourism: Tech, staff, and customers

    As travel resumes and builds momentum, it's becoming clear that tourism is resilient—there is an enduring desire to travel. Against all odds, international tourism rebounded in 2022: visitor numbers to Europe and the Middle East climbed to around 80 percent of 2019 levels, and the Americas recovered about 65 percent of prepandemic visitors 1 "Tourism set to return to pre-pandemic levels ...

  2. The 10 most innovative travel and hospitality companies of 2023

    3. Canary Technologies. For giving hotel guests mobile tools they'll actually use. Canary Technologies helps hotels and resorts run smoothly thanks to behind-the-scenes tech solutions that ...

  3. Four Keys To Understanding Travel And Hospitality In 2024

    1. All eyes are on the supply chain. Travel passenger volume rebounded dramatically after the pandemic-lows, and they show few signs of slowing. While this positive growth could be a boon for the ...

  4. The State of the Travel Industry in 2023

    2023 Offers Hope for Continued Growth in the Travel and Hospitality Sectors. As the travel and hospitality sectors continue to grow and shift in the post-pandemic era, Capuano shared reasons for optimism in 2023. "Number one, it's our people," he emphasized. "When you see their passion, their enthusiasm, their resilience, their creativity ...

  5. Hospitality industry: All your questions answered (2024 update)

    The overall growth in the travel and tourism industry stands at +5.8% Vs. Overall GDP +2.7%. According to the Hospitality Global Market Report 2023 the global hospitality marketgrew from $4,390.59 billion in 2022 to $4,699.57 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%.

  6. COVID-19 and reimagining the tourism economy

    In this article, we suggest four ways in which governments can reimagine their role in the tourism sector in the context of COVID-19. 1. Streamlining public-private interfaces through a tourism nerve center. Before COVID-19, most tourism ministries and authorities focused on destination marketing, industry promotions, and research.

  7. Impact of the Pandemic on Tourism

    Tourism-dependent economies are among those harmed the most by the pandemic Before COVID-19, travel and tourism had become one of the most important sectors in the world economy, accounting for 10 percent of global GDP and more than 320 million jobs worldwide. In 1950, at the dawn of the jet age, just 25 million people took foreign trips.

  8. Systematic review and research agenda for the tourism and hospitality

    The tourism and hospitality industry is constantly evolving, and the digital age has brought about numerous changes in how businesses operate and interact with their customers [].One such change is the concept of value co-creation, which refers to the collaborative process by which value is created and shared between a business and its customers [2, 3].

  9. Tourism and Hospitality industry resilience during the Covid-19

    Although travel, tourism, and hospitality industries are somewhat distinct, they significantly intertwine (Baum et al., Citation 2020), and the World Bank (Citation 2020) notes the catastrophic impact of Covid-19 on the tourism industry's 'entire value chain … spanning airlines, bus and train companies, cruise lines, hotels, restaurants ...

  10. 2024 Vision: Tech trends that will revolutionize travel and hospitality

    AI-influenced revenue in the travel industry has risen from 9% in 2018 to 21% in 2021. In 2024, this number is expected to rise to 32%. In other words, within the next year, nearly one-third of your annual revenue could come from artificial intelligence. AI isn't the only tech trend that should be on your radar for 2024.

  11. The Travel And Tourism Industry By 2030

    They will be more likely to survive and thrive. As an ex-strategy consultant and public speaker on digital and technology trends, and now running venture-backed, travel-tech startup Beyonk, here ...

  12. Global tourism industry

    Globally, travel and tourism's direct contribution to gross domectic product (GDP) was approximately 7.7 trillion U.S. dollars in 2022. This was a, not insignificant, 7.6 percent share of the ...

  13. Travel and Tourism

    Travel and Tourism Satellite Account for 2017-2021. The travel and tourism industry—as measured by the real output of goods and services sold directly to visitors—increased 64.4 percent in 2021 after decreasing 50.7 percent in 2020, according to the most recent statistics from BEA's Travel and Tourism Satellite Account.

  14. Travel and tourism industry

    Terri C. Albert. Russell S. Winer. Getting customers to make impulse purchases at the checkout counter has always been more of an art than a science. Now, though, the fast-food industry is ...

  15. What is the Hospitality Industry? All your questions answered

    The hospitality industry is a large subsection within the service industry and is comprised of four main areas: Food & beverage, travel & tourism, lodging, and recreation. As examples, the F&B ...

  16. What Is the Difference Between the Hospitality and Tourism Industry

    The hospitality industry focuses on providing accommodations, food, and beverage services to travelers, tourists, and visitors. This includes hotels, resorts, restaurants, bars, and other establishments that offer lodging and dining options. On the other hand, the tourism industry is concerned with the overall travel experience, encompassing ...

  17. SelectUSA Travel, Tourism & Hospitality Industry

    Industry Overview. According to the National Travel and Tourism Office, the U.S. travel and tourism industry generated almost $1.9 trillion in economic output in 2019, supporting 9.2 million U.S. jobs. Travel and tourism exports accounted for 9 percent of all U.S. exports and 27 percent of all U.S. services exports.

  18. Travel and Tourism Industry; A Complete Overview of All Activities

    Travel and tourism is a combined industry, based on the movement of people away from their usual environments. Common businesses operating in this broad industry include hotels, cruise companies, airlines, restaurants and businesses with an entertainment focus, like casinos. These interconnected operations help to provide travelers and tourists ...

  19. unwto tourism highlights 2022

    January - March. As global tourism faced up to a second year of unprecedented crisis, UNWTO began 2021 by counting the cost so far.At the same time, however, the emergence of vaccines brought hope.The Global Tourism Crisis Committee met to explore what this meant for safe travel and the restart of tourism, while the announcement of the winners of the UNWTO Global Start-up Competition ...

  20. 25 Hotel Industry Statistics [2023]: Hotel Rate Trends And ...

    The global hospitality industry is worth over $4.548 trillion as of 2022. There are about 1.6 million people employed by the U.S.'s accommodation industry. The global travel and tourism industry was worth $4.671 trillion in 2020, down from its $9.17 trillion value in 2019. The average U.S. hotel occupancy rate is 64.2% as of February 2023.

  21. APELSIN HOTEL

    Total number of rooms reached 81. The hotel has got a number of significant advantages: comfortable location, luxury and standard hotel rooms, free parking, moderate prices and highly qualified staff. According the experts in the tourism and hospitality business the hotel is reckoned the leading middle class hotel in Moscow region.

  22. Expedia Stock Tumbles Despite Earnings and Revenue Beat. Here's Why

    Expedia stock was diving in premarket trading. Its first-quarter adjusted earnings per share of 21 cents, soared past Wall Street's call for a loss of 14 cents. Revenue of $2.89 billion was also ...

  23. 40 Facts About Elektrostal

    40 Facts About Elektrostal. Elektrostal is a vibrant city located in the Moscow Oblast region of Russia. With a rich history, stunning architecture, and a thriving community, Elektrostal is a city that has much to offer. Whether you are a history buff, nature enthusiast, or simply curious about different cultures, Elektrostal is sure to ...

  24. km travel chesterfield 2024 brochure prices

    KM Travel is in Chesterfield, KM Travel may offer holiday tours, sightseeing tours, and general city tours in Chesterfield. If you have used KM Travel before be sure to leave your own comment or rating on the city tour or holiday tour that you went on so other poeple wishing to use this company can read fair and honest reviews before the book ...