Assignment on Travel and Tourism Sector Developments

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Added on 2019-12-04

Assignment on Travel and Tourism Sector Developments

Added on 2019-12-04

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TRAVEL ANDTOURISM SECTOR

Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................41.1 Key historical development in travel and tourism sector......................................................41.2 Structure of travel and tourism sector...................................................................................5TASK 2............................................................................................................................................72.1 and 2.2...................................................................................................................................72.3 Implication of political changes on travel and tourism business in different countries........7TASK 3............................................................................................................................................83.1 Demand factors that affect to TUI Group.............................................................................83.2 Explain how supply change to the demand of TUI Group....................................................9TASK 4..........................................................................................................................................104.1 Impact on tourism...............................................................................................................104.2 Strategies to overcome negative impact..............................................................................12CONCLUSION..............................................................................................................................13REFERENCE ................................................................................................................................14

Assignment on Travel and Tourism Sector Developments_2

INTRODUCTIONTravel and tourism sector play a major role in success of the global economy. Growth ofthis industry is high in today's time. It is important business activity which contribute high sharein GDP, employment and enhance overall development of nation (Adhikari and Bhattacharya,2016). Present report is based on TUI Group which is world's number one tourism business.They consist of various operations in tourism sector and have 1800 travel agencies. Citedbusiness is also leading in online portals and they have more than 130 aircraft, over 300 hotels.Along with this, they have 30 million customers in 180 different regions (Tourism, 2016). Thisreport covers explanation of key historical development in travel and tourism sectors.Furthermore, it emphasizes on functions of government which play a major role in travel ortourism business. Moreover, it evaluates impact of economical, , environmental and socialaspects on tourism sector in the chosen enterprise. At last, it explains strategies which can beadopted to minimize negative impact on TUI Group businesses.

Assignment on Travel and Tourism Sector Developments_3

TASK 11.1 Key historical development in travel and tourism sectorTravel and tourism is main industry which grow very fast in UK. UK is the 8th world'slargest tourism destination and foreign tourist spend more than $22.072 billionevery year(Goodall and Ashworth, 2013).. Tourism started with wealthy and economic perspectives inUK which influence to local and national economic policy. In UK various types of tourismcategorised such as leisure, business and visiting friends. Leisure tourist is mainly describes forthe purpose enjoying on holiday or taking short break. Further, business tourists are travellingfor meetings, conference or events associated with the organization. This is important forgrowing market share in UK when hotels and resorts provides conference facilities. Beside this,visiting friends and relatives tourists are people who travelling for visit family and friends. Inthis context, they are not spending on accommodation facilities (Hall, Gossling and Scott,2015). In earlier times people travelling for war, trading and religious pilgrimage. After 3rdcentury people travelling for their goals and visit temples. During middle ages most transportwas established by foot and horseback and some people buy wagon. In early 1600s variousother travelling transport were introduced which was more comfortable and afforded by onlyrich man. In 1700 wealthy young man travelling across the boundaries and they spend moremoney (Page, 2014). Railway transport is developing from 1800 and with the help of this,people could able to travelling more distance. Along with this, below table show history oftwentieth and twenty-first century:YearDevelopment

Assignment on Travel and Tourism Sector Developments_4

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