BUZZ TERM Disruptive Tourism
Category:
Tourism, Posted:11 May 2015 | 06:00 am
Here is an excellent travel term gleaned from a recent TTG Asia piece on China's economic volatility creating potential for disruptive tourism.
As most readers know given the sharp decline of global currencies like the Russian ruble, Australian dollar and the Euro, coupled together ailing Asian currency, tourism is increasingly susceptible to external influences.
One of the most prolific is that growing dependence on year-on-year increases in China outbound tourism.
If the China economy blips, the global travel sector could be widely disrupted.
So there you have it, forget disruptive technology, let's shift the term over to travel.