Gary Bowerman on the Future of Smart Travel on TaiwanPlus
In his appearance on TaiwanPlus’s Connected, Gary Bowerman, co-founder of High-Yield Tourism, shared valuable insights on the future of travel in the post-pandemic world. He was joined by other industry experts, including Ting-Kuan “TK” Chen, CEO of FunNow Group, and host Susan Chow. Together, they explored the shifting dynamics of global travel, consumer behavior, and the importance of adapting to a new landscape of tourism.
The Shift of Control to Consumers
Bowerman emphasized the growing power of consumers, noting that social media now plays a crucial role in shaping travel trends. Travelers are using platforms like Instagram, TikTok, and YouTube to discover destinations and share experiences, which in turn influences the decisions of others. This shift in control means that destinations and tourism providers must create more engaging and shareable experiences to capture attention in an increasingly competitive digital space.
As Bowerman highlighted, “Consumers are driving the agenda, and it’s no longer just about following old trends or traditional methods of travel marketing.” He stressed that tourism providers need to embrace this new reality and rethink their strategies, focusing on creating authentic, personalized, and memorable experiences that travelers can share with their networks.
Managing Traveler Expectations in an On-Demand Economy
Bowerman also discussed the changing expectations of travelers, who now demand personalized, on-demand experiences. He explained that in today’s economy, travelers are accustomed to instant access to information and services, which means that tourism destinations must respond quickly and offer tailored experiences. This shift toward immediacy and personalization presents a challenge for the industry, as destinations must leverage technology to meet these new expectations.
Ting-Kuan “TK” Chen, CEO of FunNow Group, also weighed in on this trend, discussing how his company’s platform caters to the growing demand for self-service, real-time booking, and unique, high-end experiences. Chen pointed out that travelers now want more control over their itineraries and are increasingly seeking out luxury and bespoke experiences that fit their specific preferences.
The Surge of Intra-Regional Travel
In terms of regional travel trends, Bowerman noted that the Asia-Pacific region has seen a strong recovery, particularly driven by intra-regional travel. He pointed out that while international travel has been slow to bounce back in some areas, local markets have been key in fueling tourism growth. This surge in regional travel offers an opportunity for destinations to focus on catering to nearby travelers with tailored experiences that resonate with cultural and regional interests.
Bowerman emphasized that local markets are increasingly important and that destinations must adapt to the specific needs of their regional audiences to drive tourism. By offering experiences that connect with local values, cultures, and preferences, destinations can foster loyalty among these travelers and build a sustainable tourism model.
High-Yield Tourism for Long-Term Sustainability
One of Bowerman’s central arguments was the importance of high-yield tourism—fewer but higher-spending visitors who contribute more to the local economy. He explained that focusing on high-yield tourists can help alleviate the pressures of mass tourism by ensuring that the economic benefits are greater, even if the number of visitors is smaller. This approach not only enhances economic resilience but also supports sustainability by reducing the strain on infrastructure and the environment.
Bowerman’s perspective aligns with the broader theme of the interview: that tourism must evolve to become more sustainable, personalized, and responsive to changing consumer behavior.
Conclusion: Adapting to the New Era of Travel
Gary Bowerman’s insights provide a roadmap for the future of tourism, emphasizing the need to embrace consumer-driven change, adapt to the on-demand economy, and focus on high-yield travelers for long-term success. His discussion with Ting-Kuan “TK” Chen and Susan Chow highlighted the necessity for tourism providers to adjust their strategies in order to stay competitive in a rapidly evolving global travel landscape.
As travel continues to recover and transform, destinations that leverage these insights—adapting to consumer expectations, embracing digital tools, and focusing on sustainable growth—will be better positioned to thrive in the years to come.
To find out how High-Yield Tourism can support your destination to build a strong traveler and resident-focused strategy and optimize the full value of your visitor economy, contact us.
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