Impact of Government Policies on Travel and Tourism Sector

This report analyzes the significant role of government policies in shaping the travel and tourism sector, focusing on the TUI Group's perspective. It explores how governments influence the industry through various policies, including those related to infrastructure, promotion, and financial incentives. The report examines the impact of local and national economic policies, such as taxation, government budgets, and interest rates, on the sector's performance. It also differentiates between monetary and fiscal policies, highlighting their respective influences on the tourism industry. Furthermore, the report references examples like the UK's tourism promotion strategies, and concludes by emphasizing the importance of these policies for the success and sustainability of the travel and tourism industry. The report also includes references to support the analysis.

Role of Government and
Economy Policies in Travel and
Tourism

Analyse the role of government
Market expansion on the global level always needs attention on the
government of that place. Being a project office at TUI group it is
necessary to ensure a detailed report of the roles played by the
government of the China where the new events are to be promote TUI
group tourism. Some key function of them are listed below-
Role of Government:-
 Formulation and implementation of the various national and international
policies in order to provide the entities with the growth and development
in their respective field of tourism sector.
 Investments made by them in promotion of the famous attractions of the
country that highly impacts upon the customer figure.
 Innovation and advancements brought by them in the facilities provided
to the tourists.

Cont...
The major roles of these organisations are as follows:
 Developing comprehensive strategies of partnership with community
and stakeholders of the industries.
 Encouraging sustainable development of the destinations of tourism.
 Promoting the corporate social responsibility of the most appropriate
entity.
 Facilitates arenas to share the most effective principles between different
sectors.
For example the UK government have various policies such as visit Britain
and visit England to promote the tourism sector of their nation.

Impact of local and national economy
policy
The travel and tourism sector is highly influenced by the national economics
and local policies. While planing these strategies the main aim is on the
people who are going to be impacted by them and hence, these are
designed while considering tourism sector beside. This sector contributes
a huge amount in the GDP of the country and thus, the local and national
economical policies are prepared in the way that benefits these
industries.
These policies mainly covers:-
 the taxation,
 government budgets,
 interest rates and money supply.
 Further they also contains the strategies for the labour market, national
ownership,

Cont...
These policies may be divided into the monetary and the fiscal:-
Monetary:-
 Monetary policies deals with the central banking works related to the
supply of money.
 This proper supply of money will bring effectiveness in the functioning
of tourism organisations
Fiscal:-
 Whereas the fiscal policies are associated with the taxation and spending
which will help the travel and tourism sector in receiving the proper
amount of revenue for the products and services they provide.

Success of the travel and tourism
sector.
UK two policies named Funding Britain and Funding London are:-
 These campaigns are directly associated with the advertising of the
tourism edge of the nation.
 The help of these two strategies funds can be generated through their
advertising which will be later used in the development of the attraction
sites, tourist facilities.
 Promotion of tour packages and advancement in the services that are
offered to the customers.

References
Becker, E., 2016. Overbooked: the exploding business of travel and tourism. Simon
and Schuster.
Kim, S. S., Prideaux, B. and Timothy, D., 2016. Factors affecting bilateral Chinese and
Japanese travel. Annals of Tourism Research. 61. pp.80-95.
Mansfield, E. D., 2016. The Political Economy of the Itching Palm: An Analysis of
Tipping Norms. International Studies Quarterly. 60(3). pp.375-386.
Buda, D.M., 2016. Tourism in conflict areas: Complex entanglements in Jordan.
Journal of Travel Research .55(7). pp.835-846.
Scott, D., Hall, C. M. and Gössling, S., 2016. A report on the Paris Climate Change
Agreement and its implications for tourism: Why we will always have Paris.
Journal of Sustainable Tourism. 24(7). pp.933-948.

Thank You