Travel and Tourism Sector: Impact and Strategies Report, Semester 1

This report provides a comprehensive analysis of the travel and tourism sector, focusing on various aspects such as historical developments, the sector's structure, and the influence of government and international agencies. It delves into the impact of local and national economic policies, and discusses the implications of political changes on the sector, using TUI as a case study. The report examines factors affecting tourism demand, including economic conditions, political laws, and technological advancements, as well as how supply has changed to meet these demands. Furthermore, it explores the positive and negative economic, social, and environmental impacts of tourism, and suggests suitable strategies to mitigate negative effects. The report also includes an analysis of political changes like Brexit and their effects on the tourism industry, along with the effects of economic factors like currency rates and inflation on tourism demand.

TRAVEL AND
TOURISM SECTOR

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................2
1.1 Historical developments in travel and tourism sector ..........................................................2
1.2 Structure of the travel and tourism sector............................................................................3
TASK 2 ...........................................................................................................................................4
2.1 Function of government, government sponsored bodies and international agencies............4
2.2 Impact of local and national economy policy on tourism.....................................................6
2.3 implications of political change on the travel and tourism sector.........................................7
TASK 3............................................................................................................................................9
3.1 Factors affecting tourism demand........................................................................................9
3.2 Changes in supply to meet the demand.................................................................................9
TASK 4..........................................................................................................................................10
4.1 Positive and negative economic, social and environmental impact...................................10
4.2 Suitable strategies to reduce negative impacts....................................................................11
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................13
1

INTRODUCTION
Travel and tourism is one of the fastest growing sector in today's environment. The world
travel and tourism council indicates that tourism sector is now capable to generate more than
10% jobs for global economic output. It also helps people to get knowledge about more places
which are famous in world. The motive behind tourism is to spent some quality time with nature
in order to reduce day to day stress (Saha and Yap, 2014). The present report is based upon TUI
it is one of the leading travelling company; it has own travelling agencies, hotels, airlines, and
retail stores. The firm has overall revenue of €17,184.6 million. Apart from this, the report will
be describe historical development in travelling sector. Organisational structure of travelling
sector will be also discuss in this assignment. Readers will also come to know the impact of
certain external factors on travelling companies. Managers need to develop appropriate policies
and strategies in order to increase market share.
TASK 1
1.1 Historical developments in travel and tourism sector
2

3

1.2 Structure of the travel and tourism sector
4

1.2 Structure of travel and tourism
5

TASK 2
2.1 Function of government, government sponsored bodies and international agencies
6

7

8

9

10

11