Travel and Tourism Sector Report: Government, Policy, and Economics

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Added on  2023/03/29

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This report provides an analysis of the travel and tourism sector, examining the roles of government, government-sponsored bodies, and international agencies. It explores the functions of local and national governments, as well as the influence of organizations like the United Nations World Tourism Organisation. The report further investigates the impact of economic policies, including interest rates, government budgets, and taxation, on the travel and tourism industry. It highlights the direct impacts of economic factors, such as inflation and fuel rates, on the sector and concludes by emphasizing the importance of these elements. The report also includes a list of references for further study on the topic.
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TRAVEL AND TOURISM
SECTOR
(2.1 and 2.2)
TASK2
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Tables of Contents
Introduction
Functions of government, government-sponsored bodies
and international agencies
Local and national economic policy influences success
of travel and tourism sector
Conclusion
References
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INTRODUCTION
In this presentation, various functions of
government, government-sponsored
bodies and international agencies has
been evaluated. Along with this,
influences of national and local
economic policy on travel and
tourism sector have also been
determined.
1.
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Functions of government, government-
sponsored bodies and international
agencies
There is a huge impact of
legal authorities in travel
and tourism sector.
Government of UK is
making various strategies
and policies to develop
their travelling agencies.
2.
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CONT...
There are various functions of government on different
levels which are following as under:
Local government
National government
3.
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CONT...
Furthermore, there are some private companies who work as
government sponsored bodies. One of them is:
Regional Tourist Boards: It involves those private
companies who work on the behalf of government. As legal
authorities wants to develop their travel and tourism sector, so
private firms help them in accomplishing their goals.
4.
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CONT...
Apart from this, there are also some international
agencies which work to develop travel and tourism
sector in all over the world. One of them is
following as under:
United Nations World Tourism Organisation: By
managing economic stability in all countries this
organisation helps in improving world tourism at
international level.
5.
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Local and national economic policy influences
success of travel and tourism sector
6.
There are various factors of economic policy such as interest rates,
government budgets and taxation. These elements imposes
great impacts on travel and tourism industry which are:
Direct impact
Inflation rate
Fuel rates
Unemployment
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CONT...
Travel and tourism industry plays an important role in GDP as
well as in economic growth.
12.
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Conclusion
By summering this presentation, it can be determined
that there are various functions of government,
government-sponsored and international agencies
which plays significant role in travel and tourism
industry Along with this, there is huge Impact of
local and national economy on travel and tourism
sector.
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REFERENCES
Carlo Bertot, J., Jaeger, P.T. and Grimes, J.M., 2012.
Promoting transparency and accountability through ICTs,
social media, and collaborative e-government.
Transforming Government: People, Process and Policy,
6(1), pp.78-91.
Hall, C.M., 2011. Policy learning and policy failure in
sustainable tourism governance: From first-and second-
order to third-order change?. Journal of Sustainable
Tourism, 19(4-5), pp.649-671.
13.
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THANK YOU
14.
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