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The UK Travel and Tourism Sector

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Added on  2020-01-15

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Travel and Tourism Sector INTRODUCTION 3 TASK 13 1.1 Key historical developments in the travel and tourism sector in the United Kingdom3 1.2 Structure of the travel and tourism sector 4 TASK 25 2.1 The function of national government, government sponsored bodies and international agencies in promoting travel and tourism industry5 2.2 How local and national economic policy influences the success to the travel and tourism sector in UK6 2.3 Implications of political change on the travel and tourism sector in the different countries6 TASK 37 3.1 Factors affecting

The UK Travel and Tourism Sector

   Added on 2020-01-15

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TABLE OF CONTENTSINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................31.1 Key historical developments in the travel and tourism sector in the United Kingdom.........31.2 Structure of the travel and tourism sector..............................................................................4TASK 2............................................................................................................................................52.1 The function of national government, government sponsored bodies and internationalagencies in promoting travel and tourism....................................................................................52.2 How local and national economic policy influences the success to the travel and tourismsector in UK.................................................................................................................................62.3 Implications of political change on the travel and tourism sector in the different countries.6TASK 3............................................................................................................................................73.1 Factors affecting tourism demand in London .......................................................................73.2 Change in supply to meet the demand of tourism related products and services in London 9TASK 4..........................................................................................................................................104.1 The main economic, environmental and social impact of tourism......................................104.2 Strategies used to reduce the negative impact of tourism and maximize positive impact ..11Conclusion.....................................................................................................................................12REFERENCES..............................................................................................................................142
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INTRODUCTIONTravel and tourism is the largest service provider industry which is growing atfastest pace. This industry is known for providing maximum contribution to grossrevenue and foreign exchange earning (Bernado, 2015). Further, the contribution oftravel and tourism sector to the global economy is around 10%. in addition to this, it alsogenerates more than 277 millions job opportunities for individuals. Thereafter, the WorldTravel-tourism council has predicted in 2016 there can be increase in contribution toGDP by tourism with more than 3%. This states that travel and tourism sector haveample amount of opportunities. Further, London is regarded as world's leading travelterminus and gaining the attention of millions of international people around the globe.In this report, the significance of travel and tourism sector to the economic developmentof nation will be explained. Thereafter, the factors impacting the demand and supply ofservices will be highlighted. Further, historical development in tourism sector will behighlighted. TASK 11.1 Key historical developments in the travel and tourism sector in the United KingdomIn the contemporary scenario, the travel and tourism sector within UK is gainingsignificant development that directly support in driving the economy of UK region.Tourist nowadays prefer to visit the destination that are attractive and that renderdifferent services that meet the requirement and need of the customers (Airey andChong, 2010). The history of travel and tourism sector in UK has been divided into differentstages that is prehistory, transport, inter-war period and tourism take-off. In the pastyears people are not aware about the travel but sooner the mindset and perception ofthe individual get changed and it also developed within the certain time period(Theobald, 2005). In the era, around 1660 to 1840 the customers or individual startedtravelling to the other countries. In that scenario, the main aim of travelling is to visitsthe holy places and destination for the religious purpose in-spite of travelling for havingthe leisure and luxurious stay. 3
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However, after sometime the people prefer to travel in the other region or countryfor the short span of time so that they may get knowledge or information regarding theother individual with different culture background (Scott and Lemieux, 2010).Thereafter, in the 18th and 19th century the tourism sector take-off with the increasingpace that has observe the hike or growth within the UK travel sector. At this time periodmany tour operators like Cox and Kings, Thompson, Thomas Cook etc. started theiroperation and activities so that they may provide quality services to the tourist andvisitors. Although, in the present scenario the UK travel and tourism industry has beendeveloped at the fast rate (Ghimire, 2013). 1.2 Structure of the travel and tourism sectorTravel and tourism is consider as major sector in the contemporary scenario thatpositively contribute in growing this industry as well as the economy of the destinationwhere visitors prefer to visits. This sector generally comprises of different services thatkeeps attracting their customers and travellers towards the terminus. In this presentcontext, United Kingdom is consider as the biggest destination that is mainly preferredby the travellers. In year 2014, UK was ranked at 8th position among the biggest touristdestination that is favoured or best-loved by the travellers or visitors around the globe(Hall, 2011). The structure of travel and tourism industry primarily focuses on the attractions,transportation, tour operators, accommodation etc. that constitute the overall structureof UK travel sector. The key component within this structure of travel and tourismindustry includes attraction points (Scott and Lemieux, 2010). The main purpose oftraveller is to visit the attraction points and key places in UK. The attractive destinationin UK increases the number of visitors that includes London, Edinburgh, Liverpool,Manchester etc. that contribute within overall economy as well as also develop thetravel and tourism sector. Another element that constitute the travel and tourism industry of UnitedKingdom include organizations that mainly focuses on providing accommodationservices to the visitors. There are different luxurious as well as budgeted hospitalityorganization that focuses on providing low cost accommodation service to the travellers4
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