BTEC HND Travel and Tourism Sector: Government Influence Analysis
VerifiedAdded on 2023/03/24
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Report
AI Summary
This report delves into the influence of governmental bodies on the travel and tourism sector. It begins by exploring the role of local governments in providing essential infrastructure and the ways in which government sponsored bodies aid private firms in developing infrastructure. The report then transitions into an analysis of the impact of local and national economic policies on the sector, including the effect of the UK's economic downturn in 2009 and fluctuations in the value of the pound. Furthermore, it addresses the challenges posed by seasonality, particularly the peak booking periods during holidays and school vacations. The report references key texts on strategic management in travel and tourism, and it concludes by providing a comprehensive overview of the various factors that shape the industry.
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