BTEC HND in Travel & Tourism: Economic Factors & Sustainability

This report delves into the crucial economic factors influencing sustainable tourism development, highlighting the interplay between environmental, social, and economic components. It emphasizes the significance of a nation's financial condition in fostering tourism, noting how wealthier countries can invest more effectively in tourism infrastructure, while poorer nations may struggle due to capital constraints. The report also addresses the environmental impact of tourism, such as pollution from increased visitor activity, and the social factors, including overcrowding and potential conflicts arising from increased tourist numbers. Furthermore, the report touches on the role of tourism in education, health, and local economies, with a specific mention of the increasing population rate in the Philippines and its impact on tourism. The conclusion underscores the importance of sustainable tourism practices in fostering long-term economic growth and attracting visitors while minimizing negative impacts.

SUSTAINABLE TOURSIM
INTRODUCTION
Sustainable tourism development describes environmental, social
and economic component that helps in saving the additional cost of
firm. Capital is an essential term in each business organisation which
may impacted on overall position of firm. In order to develop their
position are market place organisation needs to provide variety of
goods and services which have value for customers.
FACTORS
Environmental factors: This factor is most essential factor for the
tourist who are going to visit the particular place. In order to large
mobilisation of the tourist coming from abroad it impact
environment at large extent. Due to this there is change of increase
in the level of pollution which are related to the water and air
pollution.
Water pollution is created by the different customer coming from
abroad there are different types of water lakes and ponds and many
others in order to attract large number of customer. This led to
maximum mobilisation of the foreign visitors they used these water
for their amusement and this led to pollute the water at large extent.
Another factor which affect the environment at large extent. The
visitor uses to gather at one particular tourist sites which leads to
gathering of large number of foreign visitors, due to there is
maximum mobilisation of vehicles. It leads to create air population
at large extent.
Social factors: In recent five years the population of the particular
nation is increase due to this there is also increment in the number of
visitors. So it leads to overcrowd at the particular nation which leads
to increment in various types of conflicts with the travellers due to
misunderstanding of the concepts. As population increases the
number of people used to go for foreign trip this leads maximum
mobilisation of the tourist takes place.
ECONOMIC FACTOR
This factor is most essential factors which is related to the financial condition of the
particular nation. The economic condition of the rich country is very efficient which
helps to expand the tourism business at large extent which helps to generate large
number of revenues of the organisation. The economic condition of poor country is
not very good. These country do not able to create large number of tourist spot due to
lack of capital and foreign tourist do not give keen interest to the visit that particular
place. The particular nation put their effort in order to attract large number of foreign
visitor to visit the particular spot. It creates leakages which leads which reveals about
improper distribution of funds within the organisation. The organisation gives job
opportunity to the different people living in the society.
facts and figures and should be delivered at correct time and style as well.
EDUCATION, HEALTH AND LOCAL
As per the description of the above mentioned graph it has been identified that the
population rate of Philippine is increases at regular basis. In the year of 2016 the total
population of the Philippines was at around 104.18 million inhabitants. This rate is
increases at regular basis as in the year of 2017 he growth rate was 106.27 which is
high as compared to the data of previous year. In future the growth rate will also
increases.
Education, Health and Local Economy: Education is consisting to be the primary
need of individual as it is essential for each people to be focused towards their study
in order to attaining high growth in career. Tourism is effective for education or
health purpose as some people are visit various places as to gaining more knowledge
and skills and some are visiting just for gaining more appropriate and suitable
treatments as to developing their health condition. Tourism also effective in
enhancing local economy through providing various job opportunities to the local
people. These are consisting as the most essential factor which has a huge impact on
the tourism sector.
CONCLUSION
As per the above report it has been concluded that travel and tourism sectors plays
most effective role in developing economic condition of firm through sustaining
visitors for long time. The major purpose of each tourism industry is to gaining
attention of large number of customers who are willing to visit various places as per
their interest and knowledge.