Sunday, April 19, 2026

Sipra's Diary : GLOBAL BUSINESS : [. Industry of Tourism]

 

Monday, December 7, 2015

Industry of Tourism: Global business.

Globalization has opened a new horizon to Tourism. It has now turned to be a most profitable industry.It is no more confined as dream of amateur travelers or pilgrims.Number of tourists are increasing both within the country  and  also outside.
 as international tourists.
There are chain of businesses linked up with it  like booking tickets of flight ,train,car or bus, arranging safe and secured hotels or stay-in- houses ,sight- seeing ,shopping etc.
 In case of official business tour, related company carries this responsibility.They are often expensive but nobody cares as company bears the cost.
But there is not such arrangements sufficient for general tourists. who wish to  spend within limited budget  Some  tourists like package-tour- in- groups that is cheaper and has been popular;  but some choosy guys don't   like to take hurricane-tour with groups.Though every country has Tourist Deptmt  of govmt  but they are not sufficient to arrange when there is  the rush specially in case of season of pilgrims.So there is scope for private enterprise.
To start within the country is wise for the beginner entraprenuer  to have practical experiences as case-studies.There is nexus between air-flights and reliable  hotels for staying .
But 'stay-in-homes' also have been popular  now- a days. AIRBNB is a good company to arrange home-stay which   are comfortable and less expensive ;this  is beneficial for both the tourists and  the landlord of the houses for commercial utility  .It is comparatively a new idea of entrepreneurship  which create jobs for the people  in local area   with   no special education but 'sense of responsibility and delivery of commitment '  
There are other similar companies.

Instead of taking the entire chain-system of tourism-business, one can  pick up a single one  e.g. car business like "UBER"," OLA,"etc.All tourists need car or bus for sight-seeingIdea. of ".Uber"also created globally a lot of jobs .

Since international tourists are growing in number, business of foreign-exchange currency is also prospective.India Thailand, Singapur, Hongkong, France Italy,Greece,Egypt,UK, USA, China are often flooded with tourists not only in peak season but almost throughout  the year. Travelers need  to cash in traveler's cheque  in the foreign land from reliable source at reasonable rate.America has world wide reputation of law and order So  any American company dealing foreign-exchange-currency will be reliable   source for the tourists  in any foreign land.

To beat the competitors and go ahead of them some lucrative offer like free airport pick-up;      to take museum/sight-seeing/shopping /spa/ massage-clinic/  can be offered at discount rate.

Among the three businesses mentioned above,Foreign-exchange currency, stay-in-home and running cab  company, -the last one is most difficult but profitable also. For running it successfully special tips and management training are necessary   for the 
entreprenuer
 We take lots of travel. We contact cabs from reputed  company who are punctual, own well-mannered drivers, and well maintained cars.  Before taking tour we go through the book "Lonely Planet" and read the reviews of TRIP-AdVISER as guide. Print this post
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