Travel and Tourism Sector Report: Political and Economic Factors

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This report provides a comprehensive analysis of the travel and tourism sector, with a specific focus on the TUI Group. It explores the historical development of the sector, its structure, and the influence of government bodies and economic policies. The report examines the implications of political changes in Spain and Thailand on the tourism industry, including cost factors and GDP impacts. It also delves into factors affecting tourism demand, such as taxation, population growth, and income levels, as well as changes in supply. Furthermore, the report discusses the positive and negative social impacts of tourism and strategies to mitigate negative effects, offering a well-rounded perspective on the challenges and opportunities within the travel and tourism sector. The report includes sections on historical development, structure, political and economic influences, demand and supply factors, and social impacts. The report is a comprehensive analysis of the travel and tourism sector, focusing on the TUI Group. The analysis covers historical development, sector structure, government and economic influences, political changes, factors affecting tourism demand and supply, and social impacts.
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Travel and Tourism Sector
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TABLE OF CONTENTS
INTRODUCTION ..........................................................................................................................1
Task 1...............................................................................................................................................1
1.1 Historical development in travel and tourism sector ............................................................1
1.2 Structure of travel and tourism sector...................................................................................2
Task 2...............................................................................................................................................3
2.1 Function of government bodies and international agency ...................................................3
2.2 Local and national economic polices influences .................................................................4
2.3 Implication of political changes travel and tourism sector in Spain and Thailand..............5
Task 3...............................................................................................................................................7
3.1 Factor affecting tourism demand .........................................................................................7
3.2 Supply has changed in TUI group and meet effect demand ................................................7
TASK 4............................................................................................................................................8
4.1 Main positive and negative impact in context of social impact............................................8
4.2 Strategies used to minimised negative impact......................................................................9
CONCLUSION................................................................................................................................9
..................................................................................................................................................10
Reference.........................................................................................................................................1
Books and journals......................................................................................................................1
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INTRODUCTION
In economic tour and travel sector play very important role in the development of
economic. Tour and travel store play a very important role growth of the economic. It can also
generate lot many new opportunity in the field of employment. Tour and travel sector play very
important role in corporate world. This report is based on the TUI group. TUI group is one of the
largest British travailing group and help to development is economic growth. TUI group is
working in around 180 countries and more than the 40 million customer. In tour and travelling
sector is government will help to developing new things.
TASK 1
1.1 Historical development in travel and tourism sector
In economic tour and travelling sector is one of the best industry sector in the world. Tour
and travelling sector will contribute in the economic development is more than 15 present. Tour
and travailing sector will be focus on the three things are as follows:-
Prior to 1945 :- This time is very difficult to tour and travailing sector because this time
tour and travel services is focus on communities like cultural, local and rural community.
TUI group will be focus on the to change the condition of the industrial revolution (Scott,
D and et.al., 2016). TUI group will be focus on those people who are not use this kind of
services.
Before 1950 the travel and tourism sector will be not be use that time or working in the
fields of hotels, restaurant , and tour and travel operate and so on. All such kind of people is
working in their own field to independently (Scott and et.al., 2016). Hotel is use for the business
meeting and other business work. The railways and other services is use at a time of business.
1949 – 1979:- In this time tour and travailing organisation is focus on the development of
economic growth. In 1949 this time tour and travailing company focus on the increase the
market share and growth in the market. In 1950 tour and travailing company is develop
day by day. TUI group is focus on the more development in the world to change the
market condition (Standing and et.al., 2014). At this time those who are work on their
own business they can use tour and travels for business point of view for the customer
and new employees will be focus on tour and travailing sector.
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1980 to current period: - In this time there will be focus on more changes and more
development in the organisation. TUI group will be focus on the increase the market
share and more prepared change in the economic development with the help of
organisation.
1.2 Structure of travel and tourism sector
The structure of tour and
travailing company
component. All the six
component is very important
to understand the tour and
travailing sector. Those factor
are as follows :-
Transport: - In tour and
travailing sector
transport is very
important part.
Transport form at least
25 % of tourist out lay
on trip. In order to get
there destination
transport facility is
most important par in
tour and travailing
sector. TUI group is
focus on the transport
sector so customer will
not suffer. In
transportation there
will be focus on the all
activity like roadways,
railways, airlines etc.
Attraction: - In each
and every business
attraction is very
important part. These
days' customer will be
focus on the attraction
part. Customer will like
more innovate in tour
and travelling sector.
Attraction is either
natural or manmade in
the organisation. In
natural attraction
inculcated the sea
point, natural lake etc.
customer will like all
this natural attraction
point. Customer will be
focus on something
new in or can say
something innovate in
tour and travailing
servers.
Tour operators: - In
tour and travelling
services tour operator
will control all the tour
and travailing services.
Tour operator produces
holidays in the form of
package. Buying in
bulk and reduces
overhead cost. Tour
operator provide all the
legal formality related
to tour. Tour operator
provide guide for the
history and culture of
U.K.
Tourism development:
- Tourist board offer
the information
concerning the region
involved the
perspective visitors.
Client can inform all
the things related to the
concerning areas in the
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In near about the 10
million people is travel
on U.K. In each year.
Today near about the
3.5 part is travels on
airline facility
nowadays. Transport
facility is very
important nowadays
because each and every
second customer is hire
best services they
cannot see price they
only focus on the
transport facility and
other services.
package.
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TASK 2
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2.2 Local and national economic polices influences
In each and every sector there will be local and national polices in influence tour and travailing
sector (Becker, 2016). Local polices is affected it means local government will be influence the
tour and travailing sector. Some important point are as follows:-
There are serves changes at the time of tour and travels sector is affordable air force
announcement. This will be done by government and influences the tour and travailing
sector.
Promotion is most important part of each and every activity. Because promotion will help
to increaser more and more customer of tour and travels. At a time of promotion there
will be government will interfere.
In tour and travelling sector there will be local government will change the monitory
polices. To change the monitory polices government will not consider tour and travailing
sector.
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In tour and travailing sector there will be government will make some changes in the
policies at the time of new polices are set and tour and travelling sector is not inculcated.
Local government take the responsibility of all the promotion and basic infrastructure and
services to the visitor and help down to the tourist sector in local area (Becker, 2016). In
tour and travelling sector TUI group is focus on the local government so work can be
done in effective way because local government will help to change anything with the
help of policies and procedures.
National government set some polices and producers and implicate it according to the
government. Tours and Travel Company will be focus on it and work according to it.
Tour and travailing is influence by indirect, economic policies, planning, political
changes etc. all this factor influence the tour and travelling sector.
The economic polices is preparing and impaling the government will not inculcate the
local community so that such people are depended and depending on the natural resource
in their surroundings.
The TUI group is full focus on the national or international government policies which is
impact on tour and travelling sector. TUI group is the based on the Woking condition tour
and travel sector and improve the condition of tour and travel sector in the help of
economic development of the organisation.
Magazine article
2.3 Implication of political changes travel and tourism sector in Spain and Thailand
In each and every business there will be focus on the political factor. Because political factor
may be inculcated in the external factor and external factor is not controllable by the
organisation. The implications of political change on the travel and tourism sector in Spain and
Thailand- a political changes doing most impact of every business because they give
permission of doing business and not in that country. Its doing impact on all type of business
that's why is also impacted on the tourism sectors. Every country in the regions are political
turmoil right now.
Change in political factor may affect the business environment in tour and travelling
sector. Political change either increase or decrease a country attractiveness in tourism sector. If
the countries is feeling unsafe so change in the political factor may be in the tour and travailing
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