Travel and Tourism Industry – Scope in 2023

Travel and Tourism Industry – Scope in 2023
September 28, 2023 No Comments Blog Travel Learning Hub

It is undeniable that the Travel and Tourism Industry is one of the fastest growing sector in the world  .The scope of growth  for Travel and Tourism in 2023 is enormous. This sector has a deep connection with the country’seconomy. According to the UNWTO World tourist Organisation, the international arrivals have already reached 80% of pre COVID-19 levels. Travel and Tourism has continued to show its resilience. In many places we have even surpassed the pre COVID-19 levels.

Travel and Tourism is one of the greatest contributors to the economy that provides ample employment opportunities both directly and indirectly through several associated industries. It caters to a large part of the population who are dependent on tourism for their bread and butter.

Travel and tourism sector support people from varied backgrounds who are directly or indirectly aligned with this sector. This industry has grown many folds in the last few decades and hence creating ample job opportunities for the job seekers in this trade.

However, the scope of employment is enormous the industry suffers from a downtime because lack of the skilled travel professionals. Shortage of travel professionals in the industry prevents the seeking employees to hire staff who lack professionalism and domain knowledge. The perspective employer does not want to hire a staff who is incapable of understanding and serving the requirements of their clients. The employers and the managers do not want to risk their business in the hands of the staff whom they cannot entrust with the task. The biggest challenge that the industry is facing is shortage of trained industry professionals

Although there are plenteous job opportunities, the individuals are not capable of taking the opportunities that the industry offers. It is imperative for aspirants who are keen to soar high in this industry begin their career with adequate understanding of this trade. Insights about the trade will not only help them to choose a right career path but also envision their professional growth.

Here are some of the best Travel Agencies that the students can kick start their career:
  • Inter Globe Technologies
  • Radical Minds
  • Expedia
  • Carlson Wagonlit
  • D Pauls Travel
  • Riya Travels
  • Make My Trip
  • Ease My Trip
  • EXL services
  • Go Ibibio
  • Yatra
  • Clear trip
  • Expedia

Just to name a few good professional travel companies.

Conclusion: Travel and tourism industry is helpful to create lot of employment opportunities. This sector not only creates employments but the aspirants view it as a long-time career with immense growth opportunities. With growing demands and scope the Government is also taking a due interest and initiative that is going to unveil the bright future of this trade.

FAQ

Travel and Tourism is not only exciting but also lucrative. It offers a wide arena of not only loads of job opportunities but also an opportunity to kick start your own business. This industry is ever growing with industry now becoming specialist and rather generalist and finding their niche.It becomes essential for the individual recognising their area of interest

IATA stands for International Air Transport Association with its head office based in Montreal, Canada. They have diploma coursesin Aviation that are industry as well as globally recognised.

IATA offers array of travel and tourism courses. The candidate can opt from their wide range of courses that interests him the most or he plans to specialise. Theses courses gives the candidate the opportunity to work anywhere in the world.

GDS is an interface between airline and the travel agent. it helps travel agents to create airline bookings, price the passenger’s itinerary and issue tickets etc. However, GDS facilitates in Hotels and car bookings too but the travel agents prefer to go through the direct venders. GDS is a B2B booking tool for the Travel Agent where the airlines directly update their inventory and since it is updated by the airline itself the inventory is real time updated. The booking that are created on the GDS systems are real time and are updated with the PNR numbers the moment they are created.

It goes without saying that knowledge of GDS is important as Air bookings are the key elements of  any itinerary .Creating a  booking on the GDS gives full control over the booking, assess  last minute changes and helps agent to explore cheaper options too.

Amadeus and Galileo are the most prominent GDS software in India that gives easy access to the airline inventory and full authority to create PNRs and issue tickets, processing refunds and reissues.

Travel and tourism industry is dynamic in nature and is ever evolving. The majority of tourism products and supplies are complicated and are dependent on an ecosystem. The constant change is the customers demands and the complex network of the supplies needs the students to be trained in a certain way so that they can meet the challenges. There is a need to focus on core competencies like knowledge, awareness, sensitivity and attention to details.

GDS training,Visa procedures and documentation, Itinerary planning, designing of travel packages all constitute as a part of practical exposure. Students should also be encouraged to visit destinations by curating a package for their peers and themselves. Travel and tourism courses are all about practical learning. one cannot learn how to swim by reading few books.

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