Travel and Tourism Sector: Government, Policy, and Impact Analysis

This report provides an overview of the travel and tourism sector, focusing on the roles of government, government-sponsored bodies, and international agencies. It explores how these entities influence the sector through policies, economic regulations, and the provision of infrastructure. The report highlights the importance of a supportive environment, economic policies, and environmental standards. It also examines the impact of national and local economic policies on the success of the travel and tourism sector, including interest rates, labor markets, and government interventions. The report emphasizes the role of government in attracting tourists and fostering the development of tourist destinations, and how policies can impact the success of companies like TUI Group. Finally, it references the importance of international institutions and the effect of economic policies on various industries in the travel and tourism sector.

Travel and Tourism Sector
(TASK 2)

Introduction
The business provides the best goods and services to
the tourist. Business have to provide the proper people
so that they can grasp the opportunities which assist in
generating profit by supplying the best products and
services so that demand can be fulfilled by the target
market. Tourism can be classified into different
categories which includes the international tourism,
internal, domestic as well as national tourism.

2.1 Function of government, government
sponsored bodies and international
agencies
Some of the points are here which can explain the
functions :
 Proper environment: government play a important
role as it helps in providing the proper environment as
well as culture so that tourist can not face any issues.
 Economic policies: Regulatory bodies help in
providing the economic policy, laws as well as security
of the country.
 It helps in raising the foreign revenues, promoting the
industry.

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 Functions of government: Prevent Externalities is an function
of the government which means which are the indirect costs
which are other than the profits for the company they leads to
great impact for the society.
 Environmental standard: Factories producing goods consists
lots of pollution which leads to an environmental damage and
leads to an hazardous activity for the environment.
 Pollution control: It leads to water pollution as the waste
excrete from the factories waste mixed up in the water which
people use leads to an damage for their health issues.

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 Ministry bodies have to provide the support in protecting the
visitors and also helps in earning or gaining the best experience
for tourist.
 Government sponsored bodies includes the national tourist board,
regional tourist board etc.
 For that they have to conduct the proper and appropriate research
so that the employees of TUI Group can not face any issues in
doing the development of the tourism by using the distinctive
aspects so that they can create the new trend.

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 They are providing best facilities to them then they can attain the
best experience and while going back they can share with the
different person which help TUI Group in increasing the sales as
well as generating maximum revenue.

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 International sponsored agencies are also included in the
development or improvement of the travel and tourism sector.
 It helps or provide the proper support in collecting the actual
information or statistical data on the distinctive international
tourism.
 These data or information provided by the United Nation world
tourism organisation so that the employees of TUI group can
evaluate the trend, flow as well as growth in the tourism sector and
on the basis of that they can attain the success in the global world.

Continued...
International agency in travel and tourism-Thomas cook travel
agent in us Travel agents in Rio de Janeiro Brazil. Allamanda
voyages travel agents in Paris
Government sponsored bodies-Welsh Government sponsored
bodies (WGSBs)
Welsh development agency
Wales tourist board
Royal commission on the ancient and historical monuments of the
wales
Care council for the wales

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The government and government sponsored bodies plays a
significant role in developing the travel and tourism.
This done to promote the tourist services, increase the value of
tourist places and also increase the employment in travel and
tourism sector.
The involvement help to increase the revenue generation from
these field.

2.2 How local and national economic policy
influence the success of travel and tourism
sector
 National as well as economic policy influence the success of the
travel and tourism sector.
 Government have to provide the proper policies so that the
employees of TUI group can provide the best services.
 Regulatory bodies have to make the policies according to the aims
and objectives of the tourism industry.