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Business Opportunities After Lockdown
Self-drive holidays Corporate travel segment Wellness experiences Niche tourism push
Self-drive holidays, including BookMyTour must develop After staying inside for the The World Economic Forum’s
hiring of self-driven cars technology platforms to aid better part of 2020, many Travel and Tourism
need a complete re-look in and develop the corporate tourists may choose wellness Competitiveness Report
the Indian market. hotel segment. This would or outdoor experiences that published attributes natural
BookMyTour can expand to ensure bookings and involve getting active and and cultural diversity along
include a larger number of payments are made from healthy. This includes cycling with price competitiveness for
railways, airports and city India thus allowing and trekking tours as well as the emergence of South Asia
gate ways. This will attract revenues to sit in India mindfulness and yoga as an attractive tourism. This
younger population who rather than overseas as retreats. Vacation spots that is where the region can
could combine their air/rail currently payments are are able to offer outdoor leverage regional cooperation
travel with self-driven cars. made either by overseas experiences already have an towards building a Business
The self-driven cars should associates or out of the per advantage in rebounding after Opportunity.
have an in-built application diem foreign exchange COVID-19. Experiences that Example - BookMyTour could
for navigation and facilities allowance for the traveler. feel thrown together or cheap explore an Adventure Tourism
for the traveler/driver. will be extra disappointing for circuit with Nepal, Bhutan and
tourists after lockdowns are Sri Lanka .
lifted.
Revival Strategy For The Business
Encourage future bookings Smaller gatherings
BookMyTour is suggested to encourage future and Large gatherings of people may also be a thing in the
potential customers to consider booking travel past as we have seen the push for weddings,
packages/ hotel bookings in advance at a reduced showers, birthday parties getting smaller. From here
rate. It could consider providing a discount on on out the new marketing message could be “go
future bookings redeemable up to December smaller” and all of the reasons why you should
2022. include health, safety and economic benefits.
Recognition Technology
Recognition technology is one of those Artificial Intelligence
increasingly important travel and tourism trends
that’s starting to creep into a multitude of Machine learning technology is now firmly
different areas. . One of the most familiar entrenched in the marketing of the tourism
applications of recognition technology for a sector, with AI helping to personalize the
frequent traveler is the bank of automatic gates experience of finding and booking tours
at some borders. The gates are capable of and trips.
reading the data on the traveler's passport or ID
card and matching it to their face using a
camera and facial recognition technology. Virtual Reality
Virtual reality is another of the major
tourism trends disrupting the industry
and capitalizing on the technology can
Internet of Things (IoT) give you an edge over rivals who have
not yet adopted it. Through online VR
IoT is relevant to many tourism trends. tours, customers can experience hotel
IoT devices are gadgets equipped with interiors, restaurant interiors, outdoor
a microprocessor and some form of tourist attractions and more, all from
digital connectivity, allowing them to their home.
connect to, and be controlled from, the
internet. IoT devices include heating
and cooling systems, entertainment
systems and other items often found in
a hotel room, giving rise to “smart” hotel
rooms.
Diversifying Business Portfolio
With allied busines to help them grow
The business of the tourist bus services is severely affected The term "MICE" in the context of travel is an acronym for
due to COVID 19. The bus owners should be supported by meetings, incentives, conferences, and exhibitions. The
BookMyTour monetarily, to ensure their survival. Additionally, MICE market refers to a specialized niche of group tourism
the opportunity of increasing inter-state pilgrimage tourism in dedicated to planning, booking, and facilitating conferences,
Asian countries is large at this point where new routes and seminars, and other events, which is a big moneymaker in
circuits can be encouraged. It should also look to host the the travel industry. Business tourists are typically high-yield
inventory of state transport buses in addition to privately travelers and hence, business tourism was an attractive
owned and operated bus tours on a digital booking and market segment prior to COVID-19. It is unlikely to witness
payment platform to increase accessibility as well as reduce an instant resurgence in business travel worldwide as many
crowding at ticket windows at bus stations. destinations are battling with a second wave of COVID-19 .
BookMyTour should focus on promoting Singapore and
Taiwan for MICE tourism as they are key leaders in MICE
tourism recovery. If successful, its approach could be used
as a shining example for future strategies across other
destinations.
Conclusion
Consumer preferences and tourism policies the world
over are expected to evolve towards achieving greater
sustainability and community orientation. We will see a
trend towards taking cognizance of environmental
costs beyond economic costs; destinations that will
move towards a zero carbon foot print along with
higher levels of hygiene; tour operators and hoteliers
gravitating towards more responsible and meaningful
experiences through minimizing food miles;
showcasing the local for the global; and positioning
the host community as the centerpiece of the tourist
experience. The pandemic offers us an opportunity to
hit the reset the button to make the tourism sector a
sustainable engine for economic growth and
development.