Towards Tourism Business Change
Eyal Eckhaus
Additional contact information
Eyal Eckhaus: Ariel University, Israel
REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2017, vol. 18, issue 3, 274-286
Abstract:
The tourism industry is a critical component in the global economy being the world’s largest generator of wealth and employment. The widespread use of the internet has had a tremendous impact on the industry which was one of the first to take advantage of the capabilities and developments. Despite these advances, the tourism industry still hasn't realized the full potential of the digital realm and much need to be done to attain a higher level of user experience. A major recent technological advance has been the integration of a three-dimensional virtual world into a virtual reality. This new environment is rapidly growing in popularity among users and businesses as powerful promotional tool. Despite the potential of this new type of environment, a question-mark still hangs over its implementation and assimilation. This paper discusses the implications of this novel development in relation to the tourism industry, and highlights the approaching trend.
Keywords: tourism; entrepreneurship; virtual reality; technology; business. (search for similar items in EconPapers)
JEL-codes: M10 M30 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
https://rmci.ase.ro/no18vol3/03.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:18:y:2017:i:3:p:274-286
Access Statistics for this article
REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT is currently edited by Marian Nastase
More articles in REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT from Faculty of Management, Academy of Economic Studies, Bucharest, Romania Contact information at EDIRC.
Bibliographic data for series maintained by Marian Nastase ().