Travel and Tourism Sector

Travel And Tourism Sector

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
1.1 Key historical developments in travel and tourism sector....................................................1
1.2 Structure of travel and tourism sector...................................................................................1
TASK 2............................................................................................................................................1
2.1 Functions of government, government-sponsored bodies and international agencies..........1
2.2 Local and national economic policy influences success of travel and tourism sector..........1
2.3 Implications of political change on travel and tourism sector in various countries..............1
TASK 3............................................................................................................................................3
3.1 Factors affecting tourism demand.........................................................................................3
3.2 How supply has changed to meet effects of demand............................................................4
TASK 4............................................................................................................................................4
4.1 Positive and negative economic, environmental and social impacts on tourism..................4
4.2 Strategies to minimise negative impacts while maximising positive impacts......................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Travel and tourism (T&T) is a highly growing industry all over the world. With the help
of this, country can improve and develop its economic condition. It also helps in generating
various employment opportunities. In simple words, travel and tourism consist of various
activities which helps an individual in travelling and staying at different places. Travelling is a
part of personal and professional life. In other words, people often travel due to their own
pleasure or for their business purposes (Moutinho, 2011). This sector helps a person in gaining
new experience and some unforgettable memories. There are various companies which operates
in travel and tourism sector, provides various services to satisfy travelling needs of customers.
This project report is based on TUI Group, which is a fast-growing organisation in travel and
tourism sector. In this report, history, structure and influences of T&T has been explained. Along
with this, effects of supply and demand on travel & tourism sector has also been evaluated.
TASK 1
1.1 Key historical developments in travel and tourism sector
Covered in Poster
1.2 Structure of travel and tourism sector
Covered in Leaflet
TASK 2
2.1 Functions of government, government-sponsored bodies and international agencies
Covered in PPT
2.2 Local and national economic policy influences success of travel and tourism sector
Covered in PPT
2.3 Implications of political change on travel and tourism sector in various
countries
Travel and Tourism Sector
Date: 17th August 2017
It is very much important for every country to solve their political issues and stability in various
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policies. This can help in facilitating safe and secure situations. In simple words, Political
stability represents the safe and good environment of any country. Instability can result in
negative thinking of individuals. In travel and tourism sector this concept plays an important
role. Changes in legal policies can affect growth and development of T&T industry. It is
responsibility of government and tour operators to provide safety to tourists so that they can be
saved from terrorist activities and other criminal attacks. There are lot of countries like Pakistan
which are not safe for visitors, as their political issues are not stable. So, people avoid to visiting
there. It is not always necessary that political issues always impact negative impact. For
example, at the time of election, government of United Kingdom decreased value of their
currency which helps in breaking down economic condition. At that time, most of visitors visit
there. After the period of partition, Britain get separate from European union which have
brought a positive vibe all over the Britain. Pound is cheap as compared to Yuan, this has
increased number of Chinese visitors because they can visit UK at very low prices. So, it can be
said that, sometimes political stability can be beneficial Also, government of United Kingdom
have extended the life of visa so that people can stay in UK for longer duration. This can help
country in generating more financial profit. Increasing time duration of Visa has attracted a
huge number of visitors. Through this travel and tourism sector can reap benefits of growth and
development. Number of Chinese tourists has increased in UK as they have opened many visa
centres. This issues shows that United Kingdom wants to increase number of visitors who are
visiting their country. So, this is the most positive affect of political changes, as it provides a
number of opportunity to UK economy. There are various implications of Political
modifications which are following as under:
 Through political changes it can be determined that whether a country is favourable to
visit or not.
 Sometime it results in insufficient improvement and development of travel & tourism
sector.
 Continuous changes in legal policies make visitors confuse to visit in particular country.
 Due to modifications in fluctuation rate tourists can get attracted towards a specific
nation.
 It is responsibility of Travel agencies to consider Political issues otherwise they cannot
accomplish their desired goals and objectives.
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