Current trends in tourism to pay attention to

first_imgThe evolution of intermediary platforms, investment in foreign markets with a real need and in a new wave of construction of hotels and accommodation units and the offer of a comprehensive arrangement are the characteristics of the tourism sector of the future.Richard Clarke, senior analyst at Bernstein Asset Management in London, for Booking.com he proposed four current trends in tourism, to which the world should pay more attention.The first of the Fantastic Four refers to travel brokerage platforms such as Online Travel Agents (OTA) or an airline Ryanair. Intermediary platforms are part of the world of the future, so it should come as no surprise that they have been the most attractive location for investment in recent years. Still, Clarke warns that the aforementioned platforms will have to grow out of the role of a purely travel intermediary. For example, hotel chains such as the Hilton and Marriott, indigenous hotel industry and travel agencies such as Tui i Thomas Cook with the offer of tourist arrangements in the last six to nine months they have done excellently. If they want to survive in the near future, intermediary platforms must build unique content. Clarke at this point proposes an exclusive brokerage by which the given platform would be the only broker of the hotel outside its domestic market.The next trend will concern one exceptional economic opportunity. Namely, it is about investments in the development of tourism within the country, which is predicted to attract approximately 2025 billion dollars of investments by 400. Consequently, and by fairly simple logic, China has imposed itself as the most generous investment location. Also, an incredibly mobile and wealthy middle class has formed in China, a market whose needs open up numerous opportunities in the hospitality sector. At the same time, there is a shortage of hotels and similar accommodation units in the Asian market, while the popularity of Western brands such as Marriott, Hilton, Accor i IHG growing. The four listed hotel giants currently account for 12% of the total offer of accommodation units, while with the implementation of the planned expansion, this percentage will increase to 64%.The third trend is closely related to the previous one, ie to the wave of opening new hotels in the period of the post-financial crisis. Clarke points out that in the United States, the rate of opening new accommodation in 2008 and 2009 was only 2%, while by 2012 it had fallen enormously to 0.5%. Globally, the low rate of opening new hotels has led to increased demand for existing ones and ensured their safe passage through the crisis, ignoring even falling prices. This is now a thing of the past, Clarke concluded, because with the improvement of the financial picture, new players are entering the market competition – the most obvious phenomenon outside Europe, but it is important to point out that the number of emerging hotels on the continent is twice as high as last year.Finally, Clarke discusses travel arrangements, that is, are they remnants of some ancient past or are they rising again from the fire? He cites examples of Accor expressing interest in the airline Air France. Hotel giant Marriott is continuously investing in travel organizations, and some online travel agencies already have diversified content on offer. Simply everyone wants to be a part of the tourist story and for them to be the place where travelers start their adventure. A great example of such a business is Tui which owns its own airline, hotels, cruisers, transfer services and the like which makes its arrangement comprehensive and the journey much easier as everything needed for its implementation is in one place.Tui’s strong market position is a kind of inspiration to other travel agencies and travel organizations, as well as an indicator of the path the market has taken. This is fully in line with the spirit of the times, Clarke explains, because in a period of enduring anxiety and chronic lack of time, arrangements covering all aspects of travel infuse clients with a security to which they gladly return.last_img read more

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Brace yourself if you’re pricing those metal fixes

first_imgAnyway, I eventually wised up and counted my blessings, two of which were straight teeth and skin that doesn’t as yet resemble the covering of a rugby ball. My son, however, is a different story. Lucky for him, he has the same charming gap between his front teeth that his mother had when I met her. Only her gap closed, I am sorry to say, and his won’t because he has a tooth growing sideways inside his upper jaw, along with other fangs that require professional alignment. Maybe you didn’t know this, but orthodontists – what my late Aunt Mary used to call “orthodentists” – are more expensive on an hourly basis than a hit man out of the Gambino crime family. They are even more expensive than lawyers, only orthodontists don’t send $600 bills marked “for reviewing case records.” That’s the one good thing I can say about orthodontists. Unlike most medical specialists, when they do something you can actually see it. In fact, the only time I actually left a medical office feeling better than when I went in was when my doctor, Vinnie Wong, used a WaterPik to relieve me of ear wax. So this was my second go-round with orthodontia, a field custom-designed for neurotic parents who don’t want their children to resemble members of the British royal family. The other orthodontia investment was our middle child, a girl who needed braces because she had a jaw like Benito Mussolini. I’m exaggerating, but she did have an underbite and a desire to invade Ethiopia. Within two years, she had a smile like an Italian movie actress. Only this time around I went shopping. Using my dental care provider’s Web site, I located an orthodontist who graduated from not one but two Ivy League schools. Plus the doctor was a woman, and I like women doctors. Only this woman doctor had a personality that reminded me of Mike Ditka knee-deep in a losing second half. When she left the room during the consultation, my son looked at me and said, “Let’s get out of here!” So we got out of there and visited a second orthodontist, a man with a William Shatner wig who was nice enough, but he made the fatal mistake of giving us the exact same estimate as the mean Ivy League grad and the orthodontist who had done such a good job on big sister. Which is how we wound up with the orthodontist we knew in an office decorated ceiling to floor tiles with USC junk. OK, we get it, you went to USC! This, by the way, is a profession we should push our children into. There are, according to the Kaiser Family Foundation, only 9,475 orthodontists in America compared with 163,563 general practice dentists. The average cost of braces, by the way, is $5,000. Kaiser also lists L.A. as one of the most reasonably priced cities for braces, with an average cost of $4,000. The most expensive city in America is Raleigh, N.C., at $5,985. So much for statistics. All three of our estimates came in at a seemingly price-fixed $5,500. Which covered X-rays, plaster casts and a computerized schematic of my son’s mouth, a game plan of angles and bite forces that seemed to be a blend of science and pure art. After visits to install spacers, he went in the other morning for the actual metal work. Did you know that braces come in colors now? I didn’t. While I sat in the waiting room reading a yachting magazine, he chose green. Green, I didn’t point out, is an unfortunate mouth color. But infinitely better than his second choice, which was black. Oh yeah, and never discuss braces with other parents at a soccer game. That’s because all other parents will have paid less than you. Don’t ask why, that’s just how life works. I want to hear your comments. Connect with me at john.bogert@dailybreeze.com, call 310-543-6681 or send a letter to Daily Breeze/John Bogert, 5215 Torrance Blvd., Torrance, CA 90503-4077. Hear my podcast at www.dailybreeze.com. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! I’m glad that I didn’t need braces when I was a kid. That’s because I wouldn’t have gotten them, wouldn’t have gotten them if I had teeth growing out of my ears, wouldn’t have gotten them if I had to eat through a feeding tube. That’s because my parents were, how shall I put this, cheap. Being semipoor didn’t help matters either. But they were definitely cheap. Cheap and poor being a combination that could have left me resembling some sort of deep-water carnivore. Or worse, a British person. Just kidding! But seriously, the British aren’t as nutty about teeth as we are. It’s true. So my parents were poor, cheap and British in that one respect. Luckily, my teeth came in straight. Which didn’t stop me from wanting braces when everyone I knew – all the cool kids with crooked teeth – in ninth grade got them. They also got sunburned when I didn’t. I envied that too, swarthy boy that I was. last_img read more

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