Global Megatrends and Industry Division H

Paul Tero
7 min readDec 10, 2021
Photo by Irina Leoni on Unsplash

Industry Division H is about accommodation and food services industry. Think hotels, youth hostels, resorts and camping grounds. And add in restaurants, takeaway (or, depending where you are from, take-out, carry-out, to-go or grab-n-go) and catering services. Its an industry that is associated with holidays, social gatherings and so on. While the service being offered hasn’t changed, that is transient accommodation and food that prepared outside the home, the manner in which it is and the necessary supporting structures have. And this article is an exploration on this very thing. Specifically, what could happen in with respect to accommodation and food services over the next 10 or so years? From an individual perspective (eg. career prospects) and from an organisational perspective (eg. business prospects) it’s a look at what is likely to change as time progresses. These are Insights from a futurist on this industry — a perspective on what could be.

As with other articles exploring the future for different industry divisions, the focus is just on the impact of two global megatrends — computerisation and climate change. There are other global megatrends that could be considered, societal and demographic for example. But they may not have the same level of impact on this industry as the two canvassed (eg. with respect to demography, in 1950 there were only two cities with a population of greater than 10 million. Today that number is 28 megacities, and is expected to rise to 40 by 2030 — with a total of 630 million people living in those 40 megacities).

About the global megatrend of climate change

We are well aware of the macro changes that climate change has wrought so far — rising ocean temperatures, greater number of hot days, lengthening of summer time, and so on. But what of regional change? Examples of observed change at a regional level is the northward boundary shift of the frost-free zone in North America and across Asia.

It goes without saying that unless we drastically and systematically reduce the volume of global GHG emissions (currently sitting at about 50 billion tonnes of CO2e annually), then temperatures will continue to rise, precipitation will continue to rise in intensity, ocean levels will continue to rise, and environmental system tipping points may well be…

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Paul Tero

Futurist, International Educator, Speaker and PhD Candidate (researching the “industries of the future”). More at https://delliumadvisory.biz