Tourism industry with its second position in all industries after petroleum is now with the new strategic horizons to explore the resources and optimize the available options of tourism. Increasingly, organizations and destinations, which need to compete, will be forced to manage. Unless the current tourism industry improves its competitiveness, by utilizing the emerging innovative management methods and IT skills, there is a danger for exogenous players to enter the marketplace, jeopardizing the position of the existing ones. Only creative and innovative suppliers will be able to survive the competition in the new millennium. This paper provides a framework for the utilization of managerial practices and technology in tourism by adopting a strategic perspective. A continuous business process re-engineering is proposed in order to ensure that a wide range of prerequisites such as vision, rational organization, commitment and training are in place, so they can enable destinations and principals to capitalize on the unprecedented opportunities emerging through managerial practices and new technology.
"A vision is not a project report or a plan target. It is an articulation of the desired end results in broader terms."
-A. P. J. Abdul Kalam