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By Thiruamuthan TK, Online Content Writer , Tuesday, 01 August 2023

How is Higher Education Landscape Preparing for Rebuilding of Travel & Tourism Sector?

  • Tourism and travel business is one of the third largest sectors in the international economy. The contribution of the travel and tourism industry in 2021 is around 5.8 billion dollars to the global GDP. Though travel and tourism contributed to the economy it faced a huge downfall during the global pandemic in 2020. The economy of the travel and tourism industry faced a tough time during the pandemic and the Travel and tourism industry faced a huge impact and noted 42.8 percent by the economic survey. But after the pandemic, the industry returned and marked its growth and sustained the market through constant evolution. The worldwide travel and tourism industry is endeavoring to recuperate after the post-pandemic. It is estimated the global market is set to exceed 8.9 trillion USD by 2026. The growth of the industry is booming at a rate of 3.1 percent CAGR from 2021 to 2026. Indeed, the tourism and travel industry can help to advance economic growth and infrastructure and spread culture to wide areas. Significantly, the tourism and travel industry helps to grow the economy and can increase more jobs and cultural exchange and knowledge between the natives and foreigners. Over several years, the travel and tourism industry tends to develop along with other developing sectors.

    The emergence of technologies in today’s world has changed more effectively. It also plays a role in the technological development of the travel and tourism industry. It changes the way people travel by providing easy accessibility and planning features including convenience and safety for the people while traveling. The technological advancements implemented to upsurge the customer's experience before, during, and after their travel. Notably, the travel and tourism sector faces many expansions in their sector but emerging technologies like AI, AR, and VR are contributing to enhance the travel and tourism industry. It brings various features like voice search, face recognition, contactless payments, and assistance through AI Chabot and travel applications. These seamless features reciprocate travelers' experience and safety.

    Mitigate your Travel Education

    Over the past two decades travel and tourism education have evolved across Asia. Foremost countries like Korea, China, and Taiwan have ensured their development in the travel and tourism higher education. As per the Future Market Insights (FMI), while the tourism and travel educational market anticipated to be surpassing $399.8 Bn in 2021, it was also forecasted that the market will be growing further exhibiting a CAGR of 17.2 percent. Significantly, various courses like B.A. in Travel and Tourism Management, B.B.A in Tourism Management, International Hospitality and Tourism Management, B.Sc. in Airlines, Tourism, and Management, B.T.A (Bachelor of Tourism Administration), B.H.M (Bachelor of Hotel Management), and Advanced Diplomas in Travel and Tourism are the courses offered for students who seek to pursue travel and tourism. Tourism and travel education develop its students to look out for the world and another perspective. It supposedly increases the self-confidence and independence of the student. Moreover, it enhances their cultural awareness and scatters their stereotypes, and accelerates their intellectual and mental growth.

    Career growth in travel and tourism is blooming swiftly and creates various opportunities in the sector for the candidates. The calculated growth in the employment rate of this sector is raised to 45 million worldwide. As per the estimation, the employment rate in the travel and tourism sector is to reach 320 million in 2023. It implies that the tourism and travel sector incorporates various organizations to provide huge opportunities including accommodation, transportation, and more. There are surplus numbers of job-providing organizations such as government tourism departments, travel organizations, hotels, and even in airlines. Significantly, a candidate who pursued travel and tourism can make their way in earning for instance- they can become a travel guide, a freelance travel consultant, a travel photographer, travel journalist, interpreter (for foreign travelers), or tourism manager in both governmental/non-governmental organizations, can make own travel agencies and more.

    The students who are interested in pursuing tourism and travel education from the best college, Thailand universities or Bangkok Universities these universities will be the best option for them to pick. It offers so many benefits for the students like fees will cost around 2300 dollars for a semester, living it is less expensive, and it holds diverse tourist sectors where the student can acquire real experience. Many top universities offer tourism and travel education but the student does not have the luxury to study and gain real experience.

    Thailand offers teaching methods in English for the courses to make foreign students understand education. In addition to this, we provide listings of some good colleges in Asia that offer the best travel and tourism education are Pondicherry University, UCSI University, Banaras Hindu University, Universiti Kuala Lumpur, the Asia Pacific University of Technology & Innovation (APU), Kinneret College, Rikkyo University, Middlesex University Dubai, Ilia State University, Daegu University, Jamia Millia Islamia, The Hong Kong Polytechnic University (PolyU), Yaşar University, Alagappa University, Christ University and more. These are the top most colleges that offer the best tourism and travel education.

    We hope the students who seek to pursue travel and tourism in education can acquire the best thoughts from this article. Through this, we achieve our goals.