Analysis of Functions of International Agencies in Travel and Tourism Sector
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This presentation analyzes the functions of international agencies, government, and sponsored bodies in the travel and tourism sector. It discusses the changes introduced by low-cost airlines to reduce the impact on the environment. It also explores the influence of national and local economic policies on the industry.
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Travel and toursims sector TASK 2
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2.1 Analysis of functions of international agencies, government and sponsored bodies. In the travel and tourism industry, there are several changes have been witnessed, specifically with the introduction of low cost airlines by the public organizations In global scenario, these changes are considered as most vibrant for the economies as they are made with an aim to reduce the impact of tourism on environment. Local government, sponsored bodies and international authorities are responsible for these changes as they are major part of overall industries and also affects the positive outcomes with their functions and legislation.
Cont.... •Control over the interstate transportation in the UK and introduction of various economic policies and procedures to decrease the impacts of restrictions on travel and tourism sector. •Facilitation various low cost hospitality services, accommodation, payments facilities etc. •Development of various other tourist destinations and architecture in prominent tourists places (Standing, Tang-Taye and Boyer, 2014).
Cont... •Reduction of various taxes and cost on transportation and other facilities. •Creating economic, environmental, social sustainability with the helps of organizations.
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2.2 Explanation of influence of national and local economic policies •Appropriate research has provided an information that most of the countries in the world have major challenges at the time of recessions and economic crisis etc. In the year 2009, the annual rate of GDP of UK has been declined by 9.8 and it was the result of decrease in number of tourists in the country. It was considered as the major influence on the economic growth and the problems have been faced by the government like rise in unemployment, currency fluctuation, decline in new developments and growth etc.
Cont... •Decreasing the effect of continuous fluctuations in the currency exchange rates. •Creating an economic viability by making sustainable changes in existing legislations related to travel and tourism industry. •Increasing the online bookings and payments facilities for the tourists at tourist destinations.
Cont... •Reducing taxes rates on purchase and sale of products and services in these sectors. •Introduction various economic benefits on making investments in organizations as well as reductions of various challenges like recessions, decline in GDP etc. •Creations of sustainability in economic growth by introducing various means of developments.
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REFERENCES •Hall, C.M., Timothy, D.J. and Duval, D.T., 2012.Safety and security in tourism: relationships, management, and marketing. Routledge. •Standing, C., Tang-Taye, J.P. and Boyer, M., 2014. The impact of the Internet in travel and tourism: A research review 2001–2010. Journal of Travel & Tourism Marketing.31(1). pp.82-113. •Garín-Muñoz, T. and Pérez-Amaral, T., 2011. Internet usage for travel and tourism: the case of Spain.Tourism Economics.17(5). pp.1071-1085.