TOU501 - Reforms in Tourism Industry
Added on - 07 Mar 2020
In the TOU501 Individual Report, we will discuss Tourism Industry. The writer of the article points out the fact that Australia missed out on 61 bids for international conventions in the year 2016 which resulted in an 11% decline in Overseas Visitors Traveling to Australia. Finally, the article points out a positive attribute of the budget in the sense that the government set aside funds to finance tourism-reliant sectors that suffered the aftermath of Tropical Cyclone Debbies. It is a no-brainer that the tourism industry plays an integral role in the economies of the world
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In sum, it is noteworthy that, among other factors, the demand for international travel is dependent upon the destination in question. It is considered to view that the creation of this demand is a function of the Tourism Industry players of the destination country who ought to create favorable conditions that will attract tourists. By adopting policies that improve Infrastructure and Promote Investment in the tourism industry, the government would increase the competitiveness of the tourism industry which may, in turn, increase the demand.