This report examines the crucial functions of government, government-sponsored bodies, and international bodies in the travel and tourism sector, highlighting their roles in maintaining laws, managing infrastructure, and fostering economic development. It analyzes the impact of local and national economic policies, including tax incentives and infrastructure investments, on the success of the tourism industry. The report also references studies on innovation and the effects of economic crises on tourism, emphasizing the importance of government and international agencies in supporting and regulating the travel and tourism sector, with a specific mention of TUI Group as a major industry player. Desklib provides a platform to access this and similar solved assignments for students.