Globalization is a key issue for the hospitality industry. In recent decades, international tourism has taken a giant leap to become one of the largest and most profitable sectors of the world economy. With globalization becoming more popular stress of relocating one family is becoming prevalent. The rapid development of international economic integration and globalization has led to significant changes in a hospitality industry. In recent decades, international tourism has taken a giant leap to become one of the largest and most profitable sectors of the world economy. Just forty years ago, the idea of ‘global enterprise’ in the industry was ludicrous. Hotel companies will need to learn different management approaches to survive and develop in environmental circumstances with high levels of uncertainty as well as understand the implication of future impacts, both positive and negative, of the changing environment in which they operate.
Positive Effects:
1) Exposure to different cultures:
Due to Globalization, the managers of the hotel industry able to learn about different cultures as they get to mingle with people from various walks of life and thus, increase their knowledge.
2) Larger Market:
Due to Globalization, the customer base has increased greatly. People travel not only for holidays but business, health and various other purposes too. Thus, this has increased the market for the hospitality industry, which gets its major income is from international visitors.
3) Boosts the economy:
Visitors come in and spend money multiplier effect and foreign exchange increases. Thus, it is of great value to the economy as Globalization helps to pump in money into the country.
Negative Effects:
1) Language Barriers:
Due to Globalization in the hotel Industry, we can employ people from different countries as it is the usually different language they may sometimes have problems in communicating with the customers. Many customers get quite irritated as result of this. So, Language is a big barrier of globalization. Due to globalization, we have to meet with different cultures and different language peoples that we really don’t know and result in miscommunication.
2) Cultural Barriers:
Same as discuss in language barrier as there are people from various cultures, one needs to be careful not to offend them. What acceptable by one culture may be frowned upon by another.
3) The increase in Crime Rate:
With the increase in tourists, crimes increase too.
Tourism and Culture:
Culture influences and is influenced by tourism. Many people choose to travel to learn about different cultures. The U.N. World Tourism Organization(U.N.W.T.O) states that tourism is one of the best ways for poor countries to earn foreign currency.
Conclusion:
In a world moving more and more towards globalization, hotel organizations need to address these issues today will be better prepared for the global market space of tomorrow.
Author Bio:
My name is Thomson River, exploring the travel, and hotel management software ideas.
Positive Effects:
1) Exposure to different cultures:
Due to Globalization, the managers of the hotel industry able to learn about different cultures as they get to mingle with people from various walks of life and thus, increase their knowledge.
2) Larger Market:
Due to Globalization, the customer base has increased greatly. People travel not only for holidays but business, health and various other purposes too. Thus, this has increased the market for the hospitality industry, which gets its major income is from international visitors.
3) Boosts the economy:
Visitors come in and spend money multiplier effect and foreign exchange increases. Thus, it is of great value to the economy as Globalization helps to pump in money into the country.
Negative Effects:
1) Language Barriers:
Due to Globalization in the hotel Industry, we can employ people from different countries as it is the usually different language they may sometimes have problems in communicating with the customers. Many customers get quite irritated as result of this. So, Language is a big barrier of globalization. Due to globalization, we have to meet with different cultures and different language peoples that we really don’t know and result in miscommunication.
2) Cultural Barriers:
Same as discuss in language barrier as there are people from various cultures, one needs to be careful not to offend them. What acceptable by one culture may be frowned upon by another.
3) The increase in Crime Rate:
With the increase in tourists, crimes increase too.
Tourism and Culture:
Culture influences and is influenced by tourism. Many people choose to travel to learn about different cultures. The U.N. World Tourism Organization(U.N.W.T.O) states that tourism is one of the best ways for poor countries to earn foreign currency.
Conclusion:
In a world moving more and more towards globalization, hotel organizations need to address these issues today will be better prepared for the global market space of tomorrow.
Author Bio:
My name is Thomson River, exploring the travel, and hotel management software ideas.
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