Tourism and Travel: Impact of Legal and Economic Factors

This report examines the influence of legal and economic factors on the tourism industry. It analyses the role of government policies, including monetary and non-economic measures, and their effects on the sector. The report discusses the impact of legal frameworks, and the functions of organizations such as the World Travel and Tourism Council and the role of Visit Britain in promoting the industry. It also explores how these factors contribute to the overall development and sustainability of the tourism sector. References are included to support the analysis.

The Travel and Tourism Sector

nalysing the function of legal authority, government
sponsored bodies and international agencies in travel
and tourism
Presentation includes the following:
– Analysing the function of legal authority,
government sponsored bodies and international
agencies in travel and tourism.
– Identifying the way local and national economic
policy influences the success of the travel and
tourism sector

Analysing the function of legal authority, government
sponsored bodies and international agencies in travel
and tourism
The legal authority in the nation plays important role in
supporting the travel and tourism sector in fostering growth
and accomplishing success. There are many global agencies
like regional tourism organisation, air transportation intends to
support tourism sector in expansion and achievement of
objectives. Objectives of international agencies is to assist
tour operators companies in identifying the ways for
minimising the adverse effects of macro environmental factors
on business operations. It also intends to support business
intends to support tourism companies in increasing the
sustainability in the market and gaining the competitive
advantage

CONT.
There are some sponsored bodies like World travel and
tourism council has aim to promote the industry. The
function of this council is to influence legal authority
for supporting the travel and tourism company. It also
intends is to promote the importance of the tourism.
Sponsored bodies are provided funds by legal
authority in the nation in order to support the growth
of tourism sector.
Visit Britain is recognised as the British authority..

CONT.
Visit Britain is recognised as the British
authority..Role of this special agency is to promote
destination and helps travel companies in
development of plans or strategies for attracting
visitors. Purpose of Visit Britain is to establish
national tourism agency in order to increase the value
of inbound tourism. The function of this special
council is to help travel organisation in managing
their business operations and also tourist at particular
destination.

Identifying the way local and national economic policy
influences the success of the travel and tourism sector
The Different policies and laws formulated by
government in the country has direct as well as major
effect on the tourism business. In UK , the several
monetary and non economic policies have been
designed by the legal authority in the nation for
supporting tourism sector in fostering growth and
expanding the scope of operations.
Economic or monetary policies created by the
government in the country has great as well as
significant impact on the economic system of
country.

References
Jackson, L., 2008. Residents' perceptions of the
impacts of special event tourism. Journal of
Place Management and Development. 1 (3).
pp.240 – 255.
Heung, V.C., Kucukusta, D. and Song, H., 2011.
Medical tourism development in Hong Kong: An
assessment of the barriers. Tourism Management.
32(5), pp.995-1005.

• THANK YOU