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Contents contributed and discussions participated by Reid Seamans

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Articles - HOSPITALITY IMPACT - 0 views

  • Software, hardware, information management, and telecommunications systems have allowed for the processing and flow of information among organizations in the travel industry.  Many sources claim that the way in which tourism organizations take advantage of IT tools will determine their future success in the marketplace.  The tourism industry and the World Tourism Organization (WTO) must consider the importance of the IT trend by implementing an effective IT system for marketing, distribution, promotion and co-ordination of the industry as a whole.   It is crucial that tourism enterprises take advantage of the emerging technologies in order to improve management abilities and develop sound business plans focusing on the most efficient means of delivering value added products/services to customers.   In this respect, tourism organizations will be able to maintain a competitive advantage over those who are not technologically advanced. 
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    In reference to this article and rise of E commerce and It in the hospitality industry has been a great impact over the years. Statistics show that online travel sales is projected to grow to 8.9 billion in 2002. This amount of sales includes rentals, hotels, and will help to reduce the amount of commissions that are paid to suppliers. Another impact in Hospitality is that of Information Technology. the trend is very fats in the industry because it is easier for suppliers as well organizations that can communicate faster and get better results. With this in mind helps to reduce the cost of overhead, and to help marketing managers take advantage of data that is stored in warehousing that helps target specific markets and competitors.
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