Analyzing Gov. & International Influence on Travel & Tourism Sector
VerifiedAdded on 2023/03/24
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Essay
AI Summary
This essay examines the function of government, government-sponsored bodies, and international agencies within the travel and tourism sector. It details the role of government in policy formulation, promotion of tourist locations, and innovative development of destinations, including funding and investment strategies. The role of government-sponsored bodies focuses on enhancing traveler satisfaction and regional development through information centers and cooperative tasks. International agencies maintain relationships with other countries and represent various organizations, ensuring compliance with international standards such as those set by the International Civil Aviation Organisation. The essay further analyzes the impact of local and national policies like tax rates, interest rates, and environmental regulations on the travel and tourism sector's success, highlighting initiatives such as Funding Britain and Funding London. It concludes by emphasizing the socio-economic benefits derived from these strategies, such as foreign exchange funds, referencing various academic sources to support its arguments; solved assignments like this are available on Desklib.
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