Trends Now Shaping the Future of Hospitality and Travel Essay Example for Free

Trends Now Shaping the Future of Hospitality and Travel EssayEarly versions of this report predicted that the foundings population would double by 2050, and population growth has proceeded almost exactly on schedule. However, even up this estimate may be too low. According to the Center for Strategic and International Studies, most formalized projections underestimate both fertility and future gains in longevity.Unfortunately, the greatest fertility is found in those countries least able to support their existing people. Populations depart triple in the Palestinian Territories and Niger between 2000 and 2050 and will more than than double in Yemen, Angola, the Democratic Republic of Congo, and Uganda. In contrast, populations in most developed countries are still or declining.The united States is a prominent exception. Assessment Demographic trends such as this are among the easiest to choose and most difficult to derail.Barring a global plague or nuclear warwildcard pos sibilities that cannot be predicted with any validitythere is little chance that the population forecast for 2050 will err on the low side. Implications Rapid population growth in the united States compared with its industrialized competitors will reinforce American domination of the global economy, as the European Union falls to third place behind the United States and china. To meet human nutritional needs over the next forty years, global agriculture will have to supply as much food as has been produced during all of human history.Unless fertility in the developed lands climbs dramatically, either would-be retirees will have to remain on the job, or the industrialized nations will have to encourage even more immigration from the developing world. The third alternative is a needlelike economic contraction and lower sustentation standards.A fourth alternative is the widespread automation of serve jobs as well as manufacturing, to accomplish the work needed to support accustome d living standards. However, this requires developing of a means other than wages to distribute wealth and to provide both a living income and a fulfillingoccupation for workers and would-be workers displaced by machines and software.Barring enforcement of strict immigration controls, rapid migration will shroud from the Southern Hemisphere to the North, and especially from former colonies to Europe.A evolution percentage of job applicants in the United States and Europe will be recent immigrants from developing countries. Implications for Hospitality and Travel Rapid population growth, compared with other developed lands, will preserve Americas place at the top of the global economy, with China taking second place from the European Union. This will help to keep the hospitality and travel industries growing rapidly.2. Population of the developed world is living longer.Each generation lives longer and remains healthier than the last. Since the extraction of the twentieth vitami n C, every generation in the United States has lived three years longer than the previous one. An 80-year-old in 1950 could expect 6.5 more years of life todays 80-year-olds are likely to survive 8.5 more years.Life antepast in Australia, Japan, and Switzerland is now over 75 years for males and over 80 for females. A major occasion for this improvement is the development of new pharmaceuticals and medical technologies that are making it possible to prevent or repossess diseases that would have been fatal to earlier generations.Medical advances that slow the fundamental process of aging now face to be within reach. (This is a controversial issue within the medical community, but the evidence appears quite strong.) Such treatments could well help todays younger generations live routinely beyond the century mark. Assessment See the Assessment for Trend 1.