The travel industry is any business that services business travel or tourism. This is an extremely large and broad industry that overlaps with other industries such as the transport and hospitality industry. The following are the basic components of the travel industry.
TransportThe movement of passengers between countries, regions, cities and within cities.
AccommodationBusinesses that offer a place to stay.
Bed & Breakfast
Short Term Rental Properties
RestaurantsRestaurants and other food services such as room service in a hotel.
HospitalityAny service that hosts guests such as a hotel, restaurant or spa.
AttractionsPlaces of interest to tourists such as locations of natural beauty, impressive architecture or historical buildings.Things to do at night such as karaoke or nightclubs.
EntertainmentEntertainment such as theatres or theme parks.
Leisure & RecreationLeisure and recreation activities such as skiing or surfing lessons.
Arts & CultureInstitutions and events related to arts and culture such as an art museum or exhibition.
Events & ConferencesEvents such as concerts, festivals and industry conferences.
RetailRetail that targets tourists such as a souvenir shop or boutique in a hotel.
ToursServices that combine transport and some other element of travel such as hotels, restaurants and attractions into a managed experience.
CruisesLarge passenger ships that offer lodging, dining, entertainment and transport to destinations. These have a large environmental footprint as a single cruise ship can create as much air pollution (particle emissions) as 1.05 million cars.
InsuranceTravel insurance that transfers travel related risks such as unanticipated medical costs in a foreign country.
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ReferencesThe Guardian, "The world's largest cruise ship and its supersized pollution problem", 2020.
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