Impact of Economic, Social and Environmental Factors on Travel and Tourism Sector of TUI Group

TRAVEL AND TOURISM
SECTOR

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
1.1 & 1.2......................................................................................................................................1
TASK 2............................................................................................................................................1
2.1 & 2.2......................................................................................................................................1
2.3................................................................................................................................................1
TASK 3............................................................................................................................................2
3.1................................................................................................................................................2
3.2................................................................................................................................................3
TASK 4............................................................................................................................................5
4.1................................................................................................................................................5
4.2................................................................................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES ...............................................................................................................................8

INTRODUCTION
Travel and tourism sector plays an important role in the success of economy as the
growth of the economy is highly required. It is necessary for the activities of business to
contribute high share in the GDP and it helps in overall development of the nation. Present report
is based on TUI group which is one of the best tourism business and they consists of different
operations in the sector of tourism and they have 1800 travel agencies. They also have 130
aircraft with 6 airlines over 300 hotels and resort. Further, this report covers the historical
developments and structure of the travel and tourism sector(Andersson, 2014). It also includes
the analysis of functions of government bodies and international agencies in the sector.
Moreover, it covers the factors affecting the demand of tourism in context of TUI. At last, it
covers the understanding the negative and positive impact of economic, social and environmental
impact of tourism with respect of TUI group.
TASK 1
1.1 & 1.2
Covered in Poster
TASK 2
2.1 & 2.2
Covered in PPT
2.3
There is direct impact of the political changes on the travel and tourism sector. The
influence of political changes which directly leads to enhance the threats related to the safety and
fear in context of TUI group of UK. There is implication of the political changes on UK with the
different countries have been mentioned below: UK- There is significant level of impact of the political parties on the travel and tourism
sector in UK. They got immense amount of support from regulatory authorities in this
sector so that this the positive aspect of it. Due to the instability and terrorists attacks
there is decrease in the profitability as well as sales. Further, the UK government
introduced some of the security and safety policy which is necessary for whole sector to
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comply with this policies. Thus, it leads to higher development as this policy affects the
entire sector in the economy(Becker, 2016). China- There is great influence of political changes on the travel and tourism sector of
China as political parties make pressure on the operations of business to make the
utilization of sustainable practices. Thus, it results in profitability of the whole sector as
well as lowering down the sales. Moreover, the effective use of the political changes
leads to slowly growth in the travel and tourism sector which id beneficial for the various
tourists of China. As there are so many visitors go to UK and there is increase in the
percentage of that population which also increases the opportunities of retail and visitor
attraction for UK.
 India- There is positive aspect of the changes in political factors which influence the
travel and tourism sector of India(Crouch, 2012). There are some of the political parties
who support the growth and development in India which gives the proper direction to
member of this sector. The rate of growth is increasing as there are various new
destinations have been introduced in the travel and tourism sector. Further, the
government of India also allocated the funds for the growth of the travel and tourism
sector which is very beneficial for them so that the policy affects in a positive manner
which helps in the development of the sector.
 Thailand- In the recent times, there is protest in against of political parties results in
greater loss of funds for the tourism of Thailand. As there is decrease in the number of
tourists due to the political instability within the country so that it is negative aspect for
the specific sector of the economy. There is also one of the major reason behind the
political unrest which is that the people thinks so many times before visiting any nation.
TASK 3
3.1
In order to encourage the people for visiting different locations in the world the
marketing of travel and tourism is helpful for them. There are so many people who participate in
TUI for various purposes with the specific tourism demand. In context of this, the demand of
tourism can be defined in different ways such as technological, political and demographic impact
on the business which are mentioned below:
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