deVere Investor Insight - Q1 2021

Technology Tourism goes SMART - The tourism industry has embraced technology. You can now subscribe to virtual tours of popular destinations. Be a tourist from the comfort of your own home. Tourist websites are offering online experiences for a fee for budding travellers to keep them going until they can travel again e.g. experience the northern lights as if you were there. This allows potential tourists insider info to tourist attractions and experiences. A new trend is online treasure hunts in your favourite city. Team up with other tourists online and find the treasure while learning new facts about your favourite city. Yes, it sounds like an online gamer paradise interacting with other travel lovers abroad with one common goal. Apps have boomed. Tourist operators have gone mobile to make it easier to remind tourists about them, book attractions and even allow pay later options. Also, many resorts and attractions have brought out supplementary apps like games and quizzes around the attractions. This brings in some much-needed revenue for the attractions. The tourism industry has had to do some major innovation and reinvention to revive tourism. Let’s look at some of the ways that tourism is reinventing itself to stay alive. 8 Investor Insight // Q1 - 2021