Analyzing Functions: International Agencies & Economic Policies

This report provides an analysis of the functions of international agencies, government bodies, and sponsored entities within the travel and tourism industry. It explores the impact of changes, such as the introduction of low-cost airlines, on the environment and economies. The report also examines the influence of national and local economic policies, highlighting challenges faced during economic recessions and the measures taken to ensure economic viability and sustainability. Key areas covered include controlling interstate transportation, facilitating low-cost services, developing tourist destinations, reducing taxes, and promoting online booking facilities. The analysis also addresses the importance of creating economic, environmental, and social sustainability through various organizational efforts and policy implementations. Desklib offers a variety of study tools and solved assignments for students.

Travel and toursims
sector
TASK 2

2.1 Analysis of functions of international agencies, government and
sponsored bodies.
In the travel and tourism industry, there are several changes have been
witnessed, specifically with the introduction of low cost airlines by the
public organizations In global scenario, these changes are considered as
most vibrant for the economies as they are made with an aim to reduce
the impact of tourism on environment. Local government, sponsored
bodies and international authorities are responsible for these changes as
they are major part of overall industries and also affects the positive
outcomes with their functions and legislation.

Cont....
• Control over the interstate transportation in the UK and
introduction of various economic policies and procedures to
decrease the impacts of restrictions on travel and tourism sector.
• Facilitation various low cost hospitality services,
accommodation, payments facilities etc.
• Development of various other tourist destinations and
architecture in prominent tourists places (Standing, Tang-Taye
and Boyer, 2014).

Cont...
• Reduction of various taxes and cost on transportation and other
facilities.
• Creating economic, environmental, social sustainability with the
helps of organizations.

2.2 Explanation of influence of national and local economic
policies
• Appropriate research has provided an information that most of the
countries in the world have major challenges at the time of
recessions and economic crisis etc. In the year 2009, the annual rate
of GDP of UK has been declined by 9.8 and it was the result of
decrease in number of tourists in the country. It was considered as
the major influence on the economic growth and the problems have
been faced by the government like rise in unemployment, currency
fluctuation, decline in new developments and growth etc.

Cont...
• Decreasing the effect of continuous fluctuations in the currency
exchange rates.
• Creating an economic viability by making sustainable changes
in existing legislations related to travel and tourism industry.
• Increasing the online bookings and payments facilities for the
tourists at tourist destinations.

Cont...
• Reducing taxes rates on purchase and sale of products and
services in these sectors.
• Introduction various economic benefits on making investments
in organizations as well as reductions of various challenges like
recessions, decline in GDP etc.
• Creations of sustainability in economic growth by introducing
various means of developments.

REFERENCES
• Hall, C.M., Timothy, D.J. and Duval, D.T., 2012. Safety and
security in tourism: relationships, management, and marketing.
Routledge.
• Standing, C., Tang-Taye, J.P. and Boyer, M., 2014. The impact of
the Internet in travel and tourism: A research review 2001–2010.
Journal of Travel & Tourism Marketing. 31(1). pp.82-113.
• Garín-Muñoz, T. and Pérez-Amaral, T., 2011. Internet usage for
travel and tourism: the case of Spain. Tourism Economics. 17(5).
pp.1071-1085.