Economic Impact: Government and Agencies in Travel & Tourism

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Added on  2024/05/31

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This report examines the crucial role of government and government-sponsored bodies, along with international agencies, in promoting travel and tourism. It highlights the functions of these entities and their impact on the economy. The report also analyzes the influence of national and local economic policies on the success of the tourism sector, considering both direct policies framed by the administration and indirect policies affecting currency rates. It emphasizes the importance of these agencies in carrying out their duties with diligence and confidence, ultimately contributing to the growth and stability of the travel and tourism industry.
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Travel and Tourism
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Introduction
In this report, it discuss the Functions of government ,
international agencies.
It also provides the different factors that influences the
national and local economic policy on the success of
tourism and travel..
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Function of different agencies
Governmental Sponsored bodies
Government and Government sponsored bodies are the
crucial aspects of tourism. These are dependent on some
degrees to the power shared with the non-governmental
and intergovernmental agencies.
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International agencies
There are a huge number of international bodies with
governmental and non-governmental origin, playing an
active part in promoting travel and tourism across the
United Kingdom. It also takes care of a wide range of
tourism activities and help the economy by promoting
travel and tourism.
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World Tourism Organizations
World Tourism Organization or the WTO is an inter-
governmental body regarded as an official agency by
the United Nations. They are helping other agencies to
boost the travel and tourism prospects by providing
practical guidance as well as cooperative actions.
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Factors influencing the local and national
policy
Economic policy of government affects the tourism
sector and that explicitly aimed at policies which are
framed by the administration.
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It affects the tourism indirectly as the policies that
are not framed by the administration and that also
affect the organisation . With these policies there is
fluctuation in the currency rates.
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Conclusion
Government and Government sponsored bodies are the
crucial aspects of tourism.
The tourism sector carrying out their duties and
responsibilities with utmost diligence and confidence.
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References
Vanhove, N., 2017. The Economics of Tourism
Destinations: Theory and Practice. Routledge.
Veal, A.J., 2017. Research methods for leisure and
tourism. Pearson UK.
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