Impact of Financial Management on Growth and Development of Tourism Industry

Task 1
Research Project

Table of content
 Introduction
 Research aim & objectives
 Data analysis
 Conclusion
 References

Introduction
 Travel and tourism is known as one of the fastest growing
industries of the world. It has a vital role in the economic
development of a country.
 There is required lot of efforts and strengths in order to attract
domestic and foreign visitors to visit the country's
spectacularsHowever, tourism industry of UK generates
revenues of about half a trillion dollars a year, and averaging
five percent annual growth.

Research Aim & Objectives
Research aim: - To determine the impact of financial management on growth
and development of tourism industry. A case study on MyTravel Group.
Research Objectives
 To identify the importance of financial management for a business
association.
 To find out the role of tourism industry in economic development.
 To ascertain the impact of effective financial management on growth of
MyTravel group.