Trends in industrialized countries |
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| Institution: | 1. School of Hospitality and Tourism Management, University of Surrey, GU2 7XH, Guildford, UK;2. School of Hotel and Tourism Management, The Hong Kong Polytechnic University, 17 Science Museum Road, TST East, Kowloon, Hong Kong;1. State Key Laboratory of Resources and Environmental Information System, Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences, Beijing, 100101, China;2. University of Chinese Academy of Sciences, Beijing, 100049, China;3. Naval Academy Research Institute, Brest Naval, France;4. The Academy of Digital China, Fuzhou University, Fuzhou, 350002, China;5. Jiangsu Center for Collaborative Innovation in Geographical Information Resource Development and Application, Nanjing, 210023, China;1. Faculty of Economics and Business Administration, University of the Basque Country UPV/EHU, Avda. Lehendakari Aguirre, 83, 48015 Bilbao, Spain;2. School of Management and Business, Universidad del Rosario, Calle 200 Autopista Norte y Carrera 7, Bogotá, Colombia |
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| Abstract: | The industrialized world, as represented by the members of the Organisation for Economic Cooperation and Development (OECD), occupies the dominant position in world travel with 90% of the tourist supply and 80%–90% of tourist arrivals. This massive market share is not thought to be under threat from an increase in Third World tourism. OECD gross domestic product is expected to continue rising at 3% or more indicating continuing travel expansion. Demand is increasing and diversifying so there is substantial scope for the industry and governments to cooperate in the development of the tourism product and infrastructure to expand into a larger, more varied market. |
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