Travel and Tourism Sector: Political, Economic, and Social Factors

This report provides an overview of the travel and tourism sector, examining various factors that influence its dynamics. It begins with an introduction to the sector's global impact and importance, followed by an analysis of how political changes affect the industry, including the roles of international or...Read More

Travel and Tourism Sector

Table of Contents
+INTRODUCTION.........................................................................................................................3
TASK 1............................................................................................................................................3
1.1 and 1.2..............................................................................................................................3
TASK 2............................................................................................................................................3
2.1 and 2.2 .............................................................................................................................3
2.3...........................................................................................................................................3
TASK 3............................................................................................................................................4
3.1...........................................................................................................................................4
3.2...........................................................................................................................................5
TASK 4............................................................................................................................................6
4.1...........................................................................................................................................6
4.2...........................................................................................................................................7
CONCLUSION ..............................................................................................................................8
REFERENCES................................................................................................................................9

+INTRODUCTION
Travel and tourism is such kind of activity which have been carried out globally. Travel
and tourism id one of the favourite activity of a person.(Mok, Sparks, Kadampully, 2013.)
Whether it is a man or woman, everybody loves to travel a lot by which all the activity related to
travel and tourism carried out. It is very important form a country to develop a travel and tourism
sector as it will generate economy in the region. The following project will showcase evolution
of travel and tourism sector and also denotes what is the importance of travel and tourism
activity. The project shall also showcase the external and internal factors which can effect the
tourism activity.
TASK 1
1.1 and 1.2
Covered in poster
TASK 2
2.1 and 2.2
Covered in ppt
2.3
Effect of Political Change on Travel and Tourism Activity
A change shall always bring an attractiveness to the country. But is shall depend, that
what kind of change has been brought within the country. Political change can be referred to one
of the change which can highly effect the activity carried out by the travel and tourism industry.
Basically political change is when all the internal system of the government has been changed
that is bringing change in the scenario in which a government has been working. It is to be
denoted as one of the major change which can effect most of the business economy which shall
be carried out by the country. of any political change occur in the country it will make sure that
the functioning of government shall be changed also by which all the policies which have been
introduced by previous government shall get hampered.(Weaver, 2015.) It can also be taken into
view that, political change can also lead to various other policies which shall be enacted for the
betterment of the travel and tourism industry. A political change shall always lead for a clear and
smooth working of the body. When a government has been changed in the country, it is a fact

that a new government shall always try to bring some of the attractive change in the country and
same change has to be inculcate in travel and tourism industry. It is important to make certain
change in the policies which will attract the tourism and activities shall be boost up in the
country which will automatically generate the economy of the country.
In respect to meet with goals and objectives, different country demonstrate their rules and
regulations for each business at workplace. In this aspect, there are various elements which can
be impact on demand of tourism on the basis of stability and many other elements. This is
because, political stability is very complex problem which need to be ascertain for developing
ideas and operations. There are different types of international agencies which make support to
achieve goals and objectives in systematic way. They are as follows:
United nations
United nation is take part as peace building that make support to the nation for
accomplish results and performances in effective manner. It assists to regulate rules and
regulations for TUI group which make profitability and positive outcomes at workplace.
World tourism organisation
World tourism organisation are also leading in international businesses that assist to grow
operations and outcomes at workplace. It demonstrates global understanding within TUI group
that assist to solve problems face by the different nations.
Interrelationships with government
In travel and tourism enterprises, government also determines their important role to
make some changes at workplace. In this aspect, EU demonstrate different rules and regulation
to promote sustainability and high quality of tourism that maximise success of the country.
TASK 3
3.1
It is very important for a country to raise all the activities which have been carried out by
the travel and tourism industry. There are certain factors which shall led to effect in making
changes in the demand of travel and tourism. The factors which are responsible for influencing
demand in travel and tourism are:-
Income of a consumer- a income of a consumer shall effect most of the activity which has been
carried out in the country. An income of a person shall also effect the travel and tourism demand.

If a person is well in earning he shall spend more money in travelling and tourism. And if the
recession has been strike in the country it became impossible to generate income of the consumer
by which he shall not be able to visit any other place national or international.(Roxas, Chadee,
2013.) The demand of travel and tourism therefore get influence by income. If income shall be
generated more then activity shall be carried out by the consumer.
Taste of consumer- demand of tourism also depends upon the taste of a consumer. It has been
seen that different people have different kind of taste in visiting the place. Some of the people
shall love to visit filled with greenery where as on the other hand there are some of consumer
who shall loves to visit happening place. Some of the consumer has a taste of carrying out
national tourism only while some have interest in international tourism. The demand of a tourism
activity depends of the taste. A unanimous taste shall lead to rise in demand of a particular place.
3.2
Supply and demand are those factors which shall effect each other in the market. Any
services are connected with both supply as well as with demand. It is very important for a
country if they wants to raise certain demand for a product or the services then they learn to
make certain changes in the supply for an example there have been certain changes made in the
supply so that it can effect the demand of the travel and tourism industry. Supply shall include of
proper facilitation of services which have been given by the agencies for an example if any
country shall provide pick and drop facility to its consumer then it shall automatically generate
demand for that particular activity. It is very important that supply of all the services which have
been connected to travel and tourism shall be done properly so that the demand of such services
can increase. Travel and tourism can make certain changes in the supply of amenities which have
been provided to consumer. The supply can be carried out in on regular basis which shall lead a
consumer satisfaction and a consumer satisfaction shall always raise the demand for a particular
service. On the other hand if demand of a particular service in travel and tourism increase and
supply shall be same then it will bring a higher equilibrium price and higher quantity. And the
demand of a service decrease and supply remain unchanged then it shall bring lower equilibrium
price and lower quantity.
TUI can use following ways to fulfil effective demand of their customers:
Appropriate accommodation to the customer

With the help of effective accommodation facilities, TUI group provide proper
accommodation facilities to their customer. It will assist to meet with demand of them in
effective manner.
Effective tour operators
In order to operate functions and operations, tour operators are also arranges programs to
meet with effective demand of customer at workplace. In this aspect, they have to provide proper
training to handle queries of each customer so that positive results can be maintains.
Advance technology
Advance technology assist to make effective results and performances that used to meet
with demand and requirement of each customer for developing ideas and operations. In this way,
TUI can provide their customer WI Fi facilities which assist to create more profits and revenue.
TASK 4
4.1
Economic and environmental are to be counted in those factors which can effect the
activity to be carried out by the travel and tourism industry. But there are positive and negative
aspects to be carried out by the industry in economic, environmental and social impact
Economic Impact- when any tourism has been carried out in a country it shall generate the
economy for that country which is a very positive point. (Weaver, 2012)But on the other hand
when any country has been prevailing more of international trade then none of the economy has
been generated in own country by which the economy of that country shall be dropped.
Social Impact- by the movement of tourism, several culture has been exchanged. Society came to
know about various other things which have been prevailing in other country on the other hand
travel and tourism had a negative impact also, it build insecurity in most of the tourist especially
woman for an example in north Korea tourist are not allowed to have a word with localite.
Environmental Impact- travel and tourism shall bring preservation of certain monuments to
which tourist shall come and visit. The negative impact of tourism on environment is that lot of
trash has been generated by the people which unclean the place. By such trash generation the
beauty of certain place has been lost and tourist shall not come to visit the same.
There are different elements which create impact on products and services of the company. They
are as follows:

Economic impact
Economic impact consider different elements which generate impact on the business and
its performances. In this aspect, it creates some positive and negative impact on TUI group.
When the company expand their operations in Thailand and Spain, different equipments,
resources and many other elements create impact on the company. It will assist to generate more
profits from pursuing various operations and functions at workplace. However, it creates
employment opportunities to deliver profitability and earn more money within the business
environment.
Environmental impact
In respect to meet with demand and outcomes, there are various elements which covers
areas for ascertain results and performances in effective manner. There are various things which
carry by TUI group to protect their environment. In this aspect, in Thailand and Spain they are
trying to enhance environment awareness at workplace that develop positive results and
performances for dealing different elements. However, pollution create negative impact to
operate functions and operations in systematic way. Hence, it is require deliver profitability and
outcomes for manage results and performances.
4.2
When the negative impact has been minimized by a country or the industry of travel and
tourism it shall automatically maximize the positive effect of tourism. There are various
strategies which have been implemented by the country in order to reduce negative impact of
tourism and to increase positive. For an example certain strategies are to be introduce which will
maximise national tourism instead of international tourism. It is important to generate national
tourism as it will generate economy for the country. International tourism shall let the people to
spend on the services on tourism generate by other company. The industry can also generate
certain strategies which will let to increase the social culture of a country. If the social culture of
a country get increased then the tourist shall get attractive to the place by which travel activity
shall have the positive impact on the country. It will let more of tourist to visit the place. It is
very important that certain norms and regulation which will protect the environment of a tourist
place. If the environment shall be preserved then tourism activity shall be increased and it will
have the positive impact on the travel and tourism industry.

In order to overcome the business issues, following elements are used by the company to
eliminate negative impact at workplace:
Enhance services of the business to promote products and services
In respect to meet with effective outcomes and performances, TUI group need to enhance
their services and goods in different areas. In this aspect, they can develop profitability and
positive results at workplace. With the help of services enhancement, they can attract Thailand
and Spain customer at workplace.
Implement laws and regulations
With the help of different laws and regulations, the company can meet with objectives
and goals so that they can attain effective results and performances easily. In this way, the
company has responsibility to assess their results through eliminate harassment for make
profitability in TUI group.
Diversification
Diversification is another element which assist to make effective results and
performances. In this way, they can enhance their services through providing hotel and
accommodation facilities at workplace of TUI.
CONCLUSION
It can be concluded from the above report that travel and tourism is an important activity
to be carried out by the country. The project have shown the historic revolution in travel and
tourism. There are various impact which has been shown in the project related to travel and
tourism.

REFERENCES
Books and Journals
Becker, E., 2016. Overbooked: the exploding business of travel and tourism. Simon and
Schuster.
Buckley, R., 2012. Sustainable tourism: Research and reality. Annals of Tourism Research,
39(2), pp.528-546.
Ghimire, K.B., 2013. The native tourist: Mass tourism within developing countries. Routledge.
Guttentag, D., 2015. Airbnb: disruptive innovation and the rise of an informal tourism
accommodation sector. Current issues in Tourism, 18(12), pp.1192-1217.
Lee, J.W. and Brahmasrene, T., 2013. Investigating the influence of tourism on economic growth
and carbon emissions: Evidence from panel analysis of the European Union. Tourism
Management, 38, pp.69-76.
Mok, C., Sparks, B. and Kadampully, J., 2013. Service quality management in hospitality,
tourism, and leisure. Routledge.
Roxas, B. and Chadee, D., 2013. Effects of formal institutions on the performance of the tourism
sector in the Philippines: The mediating role of entrepreneurial orientation. Tourism
Management, 37, pp.1-12.
Scott, D., Hall, C.M. and Gössling, S., 2016. A review of the IPCC Fifth Assessment and
implications for tourism sector climate resilience and decarbonization. Journal of Sustainable
Tourism, 24(1), pp.8-30.
Standing, C., Tang-Taye, J.P. and Boyer, M., 2014. The impact of the Internet in travel and
tourism: A research review 2001–2010. Journal of Travel & Tourism Marketing, 31(1), pp.82-
113.
Weaver, D., 2015. Tourism and the Chinese Dream: Framework for engagement. Annals of
Tourism Research, 51, pp.54-56.
Weaver, D.B., 2012. Organic, incremental and induced paths to sustainable mass tourism
convergence. Tourism Management, 33(5), pp.1030-1037.
Online

Elsevier B.V. 2016. [Online]. Available through. http://www.journals.elsevier.com/tourism-
management. Accessed on 15th November.