Travel and Tourism Sector : TUI

Added on -2020-07-22

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TRAVEL ANDTOURISM SECTOR

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................21.1 Historical developments in travel and tourism sector ..........................................................21.2 Structure of the travel and tourism sector............................................................................3TASK 2 ...........................................................................................................................................42.1 Function of government, government sponsored bodies and international agencies............42.2 Impact of local and national economy policy on tourism.....................................................62.3 implications of political change on the travel and tourism sector.........................................7TASK 3............................................................................................................................................93.1 Factors affecting tourism demand........................................................................................93.2 Changes in supply to meet the demand.................................................................................9TASK 4..........................................................................................................................................104.1 Positive and negative economic, social and environmental impact...................................104.2 Suitable strategies to reduce negative impacts....................................................................11CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................131

INTRODUCTIONTravel and tourism is one of the fastest growing sector in today's environment. The worldtravel and tourism council indicates that tourism sector is now capable to generate more than10% jobs for global economic output. It also helps people to get knowledge about more placeswhich are famous in world. The motive behind tourism is to spent some quality time with naturein order to reduce day to day stress (Saha and Yap, 2014). The present report is based upon TUIit is one of the leading travelling company; it has own travelling agencies, hotels, airlines, andretail stores. The firm has overall revenue of €17,184.6 million. Apart from this, the report willbe describe historical development in travelling sector. Organisational structure of travellingsector will be also discuss in this assignment. Readers will also come to know the impact ofcertain external factors on travelling companies. Managers need to develop appropriate policiesand strategies in order to increase market share.TASK 11.1 Historical developments in travel and tourism sector 2