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Looking Into 2012
By: Peter Tarlow

As the year 2011 comes to its conclusion, the tourism industry faces some of its most important challenges. The past year has seen the economy on a rollercoaster with the stock market rising and falling at a breathtaking rate. Tourism security issues plague much of the world, while earthquakes were felt in such unlikely places as Oklahoma and Washington, DC. Political turmoil was felt from Norway to Wall Street, with protests from California to Wisconsin.

Political turmoil is however not the only challenge facing the tourism industry. During the past year food prices rose at alarming rates impacting people's pocket books and some of tourism most important components, the restaurant and convention industry.

The economic doldrums in which much of the world finds itself today touches all sections of the tourism industry. Restaurants have had to raise prices or lower their service. The airline industry is especially vulnerable to changes in the price of fuel that in turn impacts the way that tourism attracts or loses the long distance traveler. These factors may create an economic tsunami as the leisure travelers decide that travel is simply too expensive and thus the stay-at-home-vacation once again becomes a reality impacting hotels and attractions and of course the hotel motel tax. The international tourism industry also faces the reality that world currencies are no longer stable. It is impossible to predict the value of the US dollar or euro over the next twelve months. It is even harder to predict if the euro will survive and what will happen to the European market. This inability to know the value of a currency means that long-range tourism prices are especially hard to predict and the fallout from this monetary instability is already impacting multiple tourism support systems. For example, tourism experts are now noting that hospitals are turning people away (despite their nation's laws) who do not have local insurance or a well-backed credit card.

The tourism industry can no longer ignore the issue of tourism security. Tourism professionals need to understand the interaction and overlapping of tourism economics with local factors and combine these with tourism safety and security. Tourism professionals need to know what are the right questions to ask and to whom. In an interconnected hypersensitive media world no tourism industry can afford crises such as: medical or food crisis, natural or political disasters, conventional wars or acts of terrorism, or repots of crime, gang violence, or narco-trafficking. Each of these threats is interconnected and in a world connected by both the internet and twenty-four hour media nothing stays in any one place for long. Instead, what impacts one part of the tourism industry in the end will impact the entire industry.

Furthermore, from a tourism security perspective, the world's security situation has deteriorated. There are few nations today that are not suffering from either political or economically motivated violence. From Mexico's drug wars to most of Latin America's express kidnappings, from street violence from England to the Middle East, the tourism world must face the fact that there is an increase both in the potential for crime and for acts of terrorism. Indeed the current Libyan government, with a great deal of blood on its hands, is not above "punishing" the West by further acts of terrorism.

In such a topsy-turvy world, tourism officials need to know how to predict future trends, how to assess risk and manage future crisis. Dr. Peter Tarlow is a world renounced speaker and author who helps the tourism leaders deal with the fast changing world in which the world's largest industry finds itself. Tarlow aids tourism professionals to be creative in times of crisis and innovative in times in the most difficult of times. Tarlow, though humor and over a quarter of century in both academic and applied tourism, aids tourism professionals to be creative and well aware of the multiple disciplinary character of their profession.

Tarlow emphasizes that tourism professionals need to be much more than simply marketers. Today's tourism professionals must take into account a wide range of disciplines that include knowledge of: economic factors, political factors, the price of commodities, the impact of security on their industry, and how frontline customer service interacts with demographic changes, and how weather patterns may impact their industry. Tarlow's interdisciplinary approach, which can be delivered in both English and Spanish, provides tourism professionals with the tools that they need to face challenging times and to turn economic turmoil into economic success.

Dr. Peter Tarlow, Ph.D, is a world-renowned speaker and expert specializing in such areas as: the impact of crime and terrorism on the tourism industry, event and tourism risk management, and economic development.

Copyright © 2012 Gold Stars Speakers Bureau. All Rights Reserved.

To learn more of how Peter Tarlow can help your organization, click here.

 

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