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As per 2013, the Global Travel and Tourism Industry are estimated to be worth a massive $1.4 trillion. There has been a constant increase in the number over the past few years and it is expected to grow even further in the upcoming years. Recently, in 2009 the tourism industry suffered a major jolt owing to the recession that hit the global economy hard. However, since 2010, the industry made a massive recovery and since then it has continued to prosper. The growth of the industry is aptly supported by the travelling and tourism services such as InterGlobe, a company that provides aviation and travel related services to customers across the different parts of the world. Being ranked among the top companies in the industry nullifies the InterGlobe fraud claims. Some of the vital facts about the company amid InterGlobe fraud claims related to travel and tourism industry are: The current and future trend in the travel industry is all about development of new, innovative personalised services for the customers. For tourism and destinations companies to survive in the intensely competitive market, it is important they offer relevant information to the customer by gaining access to the customer data through different sources. As the consumer technology is fast developing, the demands, expectations and behaviour of the travellers are changing. In such circumstances, it is important that the travel and tourism companies try to match up to the expectations of the consumers and focus on performance enhancement and cost optimisation. Also, it is quintessential for these companies to focus on developing new and innovative ideas for using the latest technology to provide better services to the travellers. This is where the major players in the industry like the above mentioned one dominate the ordinary companies. The company uses a top of the line technology system to cater to the ever changing needs of the customers. This is a testimony to the credibility of the company and it wipes out the InterGlobe fraud stories. The global travel industry is experiencing phenomenal growth and the graph continues to show a steep arrow in the upward direction. The growth is mainly due to the fact that the BRIC countries, which include Brazil, Russia, India and China and other developing countries around the world, are facing an economic boom. With this rapid economic growth, the top travel and tourism countries around the world are quick to adapt their business model and are venturing out to take advantage of the new growth opportunities in these emerging markets. With this growing trend, it is imminent that the job opportunities in the industry are set to grow. According to research, currently, the industry is responsible for providing employment to 77 million people around the world, which is about 3% of the total world population. These numbers are set to increase drastically in the near future and it is estimated that in a few years, one in every 12 jobs around the world would be in the tourism industry. The major players in the industry are already foreseeing a meteoric rise in the tourism and associated spheres and are re-aligning their business models to earn valuable profits. This company has been proactive in adapting to the changes and defying the InterGlobe fraud claims.
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