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Preparing for the tourist flows of tomorrow

  • Automatic
  • 30 May 2024
  • 1 minute read
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This article was written by Hospitality Today. Click here to read the original article

How can the tourism ecosystem prepare to host unprecedented volumes of visitors – while also managing the challenges?

May 30, 2024

Tourism can help build a more connected, more vibrant world. But as tourism grows rapidly, the most visited destinations are experiencing more concentrated flows. Recent satellite data suggests that 80 percent of travelers visit just 10 percent of the world’s tourist destinations. The number of travelers and the frequency of their trips are only set to increase.

Key takeaways

  • A large flow of tourists, if not carefully channeled, can encumber infrastructure, harm natural and cultural attractions, and frustrate locals and visitors alike;
  • Today’s tech-enabled travel landscape can exacerbate this issue: one eye-catching photo on a social media network can make a little-known attraction go viral;
  • Against this backdrop, now is the time for tourism stakeholders to combine their thinking and resources to look for better ways to handle the visitor flows of today – while properly preparing themselves for the visitor flows of tomorrow.
  • McKinsey offers a diagnostic that destinations can use to spot early-warning signs about tourism concentration, followed by suggestions for funding mechanisms and strategies to help maximize the benefits of tourism while minimizing its negative impacts.

Get the full story at McKinsey

Briefs: Four Seasons expands residences portfolio; Viceroy resort in Portugal
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Briefs: Four Seasons expands residences portfolio; Viceroy resort in Portugal

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