Tables of Contents Introduction Functions of government, government-sponsored bodies and international agencies Local and national economic policy influences success of travel and tourism sector Conclusion References
INTRODUCTION In this presentation, various functions of government,government-sponsored bodies and international agencies has beenevaluated.Alongwiththis, influencesofnationalandlocal economicpolicyontraveland tourismsectorhavealsobeen determined. 1.
Functions of government, government- sponsored bodies and international agencies There is a huge impact of legal authorities in travel andtourismsector. GovernmentofUKis making various strategies andpoliciestodevelop their travelling agencies. 2.
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CONT... There are various functions of government on different levels which are following as under: Local government National government 3.
CONT... Furthermore, there are some private companies who work as government sponsored bodies. One of them is: Regional Tourist Boards:It involves those private companies who work on the behalf of government. As legal authorities wants to develop their travel and tourism sector, so private firms help them in accomplishing their goals. 4.
CONT... Apartfromthis,therearealsosomeinternational agencies which work to develop travel and tourism sectorinallovertheworld.Oneofthemis following as under: United Nations World Tourism Organisation:By managing economic stability in all countries this organisation helps in improvingworld tourism at international level. 5.
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Local and national economic policy influences success of travel and tourism sector 6. There are various factors of economic policy such as interest rates, government budgets and taxation. These elements imposes great impacts on travel and tourism industry which are: Direct impact Inflation rate Fuel rates Unemployment
CONT... Travel and tourism industry plays an important role in GDP as well as in economic growth. 12.
Conclusion By summering this presentation, it can be determined thattherearevariousfunctionsofgovernment, government-sponsoredandinternationalagencies which plays significant role in travel and tourism industry Along with this,there is huge Impact of local and national economy on travel and tourism sector.
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REFERENCES Carlo Bertot, J., Jaeger, P.T. and Grimes, J.M., 2012. Promoting transparency and accountability through ICTs, social media, and collaborative e-government. Transforming Government: People, Process and Policy, 6(1), pp.78-91. Hall, C.M., 2011. Policy learning and policy failure in sustainable tourism governance: From first-and second- order to third-order change?. Journal of Sustainable Tourism, 19(4-5), pp.649-671. 13.