Tourism And Hospitality Industry Case Study

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Recommended: How technology drives globalisation

As Globalisation is positive for any organisation but it’s also demands new HRM practices for the organisation, HRM departments are changing themselves as the new challenges and new opportunities ahead for an organisation, it’s all happen due to the Globalisation. In every organisation every HRM department need to update them as the globalisation demand for new and talented workforce and new technology in the market place. (Kapoor)

In today economic environment there are always new things rise to the reaction of the managers and want them to take new steps for their organisation in different departments of the organisation. Mangers are only the person who can take care of all the activities in decision making process, actually Globalisation …show more content…

Positive Impacts

Economic effects of globalisation on tourism and hospitality industry
By last 20 years the tourism and hospitality industry is booming, the world wide arrivals in different countries is increased by 613 million in 1997 to estimated 700 billion in 2003 with the projection of one billion by 2010 and 1.6 billion by 2020. The positive economy for the tourism was in 2003 as European countries have more tourists around the world, air travel for the both business and pleasure reached twice the rate of 1985 and growing strength of the US economy also demands for the tourism and hospitality at the meantime. (Tim Knowles, 2006)

Technological impacts

Technologically globalisation attract as many tourists for Example Singapore Flyer, using faster and newer technology in hotels to so that the customer is satisfied. 5. Promotes Creativity: Organizations are constantly thinking of new and creative ideas to attract more tourists 6. More Job Opportunities: Due to Globalization, more visitors come into our country and thus more people are needed to serve and cater to their needs, so globalisation also helping hospitality industries in jobs for many

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