Geopolitics in Travel and Tourism: Strategic Intelligence
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The effects of geopolitics can leave a destination in a state of disrepair, with seemingly no end to the suffering being experienced. However, by increasing tourism, the economy can benefit directly and the destination will be more likely to receive investment from foreign sources. Tourism has allowed destinations to bounce back quickly, especially following geopolitical incidents.
Scope
This report analyzes the key theme of geopolitics in the travel and tourism sector.
This report provides an insight into key trends, challenges, and recommendations, as well as providing concrete case studies to help the reader see examples of geopolitics in action.
Key Highlights
- There is very little that travel and tourism companies can do to prepare for the impact of geopolitics. With some geopolitical conflicts it is often easier to spot the warning signs and put measures in place to reduce the impact, whilst with others there is often no prewarning and the impact can be more widespread.
- Some of the areas suffering from geopolitical conflicts are rich with culture that could become a touristic site of interest if peace were restored. Despite the destruction and suffering that geopolitical issues can cause, there are occasions where silver linings can be found.
- The effects of geopolitics can leave a destination in a state of disrepair. However, by increasing tourism, the economy can benefit directly, and the destination will be more likely to receive investment from foreign sources.
- Almost all travel and tourism companies are impacted by this theme. NGOs are the most heavily involved in helping those affected by conflict and helping with the rebuilding efforts. Others include hotels, airlines, and specialist tour operators running tours to areas impacted by geopolitical conflict.
- There are many niche tourism types that can support a country seeking to recover from terrorism & conflict including voluntourism, dark tourism, and heritage & cultural tourism.
Reasons to Buy
Understand the impact of geopolitics on the tourism industry, using case studies to help you understand how you can adapt and understand this theme.
Assess the strategies that companies are adopting to succeed in the travel and tourism space amid the impacts of geopolitics.
Discover companies that are leading in the space.
Analyze real-world trends created by analyzing how geopolitics is affecting the travel & tourism sector.
GlobalData’s thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage.
British Airways
Carnival
Emirates Airline
Intrepid Travel
Koryo Tours
Projects Abroad
Shangri-La Hotels and Resorts
TUI
Young Pioneer Tours
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