Travel & Tourism: Government Functions and Economic Policy Analysis

This report explores the travel and tourism sector, focusing on the functions of government bodies and the impact of local and national economic policies. It discusses how government bodies protect national income, promote country growth, create employment opportunities, and safeguard historical monuments, contributing to overall development goals. The report also examines the roles of local, national, and international government bodies in promoting tourism, protecting customer interests, and fostering economic growth. Furthermore, it analyzes the direct and indirect effects of economic policies such as foreign exchange, monetary, and fiscal policies on the tourism sector, highlighting both opportunities and challenges for businesses. The conclusion emphasizes the importance of national and international bodies in developing the travel sector and maximizing economic growth.

Travel and Tourism sector

Introduction
• Study will discuss functions of government bodies
• It will explain impact of local, national policies on tourism sector

2.1 functions of government bodies
• Government bodies in tours and travels protects different feature like
national income country growth, employment opportunities, protection of
historical monuments it could helps to achieve overall developments goals.

Cont.......
• Government bodies are protect the interest of customers and take action against fraud companies.
• Local government body in tourism sector : local government bodies are the authorities to promote tours and tourism sector
government local bodies are develop different projects to promote this sector and coordinate with international tourism this
government bodies generate different parks and museums to promote the country or city through which they get maximum
visitors.
• National government body in tourism sector : National government bodies are protect the economic growth national
government bodies are helps to develop new opportunities and innovative ideas national bodies of UK promote travel and
tourism by supporting activities they working ethics to organisation towards country.
• International government bodies in tours and travels : international government bodies helps tours and travels industries to
provide rules and regulations, communication, respect, develop infrastructure, new strategies etc.

2.2 local and national economic policies impacts on
tourism sector
• Tourism is the main sources of economy in London. It helps to increase employment opportunities
economical. Economic polices helps industries to increase GDP and provide many opportunities for this
sector.
• There are many economic policies like foreign exchange,monetary policies, fiscal policies which affects
company directly or indirectly.

Direct effects
• Economic polices of the government
affects to help in growth of infrastructure to
increase other opportunities.
• These economic policies improve the
performance of industries and helps to
expand their business in positive.

Indirect effects
• economic policies are the important for economic growth
some policies affect company negatively for example
government changes the interest rates and increase the tax.
• in this situation company has to increase the package of
tour in this case they suffer from loss but if government
changes in the monetary policy in that case customer pay
less amount for their tours and benefits.

Conclusion
• It can be concluded that national, international bodies work for
development of travel sector.
• travels and tourism has wide scope in helps to maximize economic growth
and improves economy policies this project explained about the
importance of tourism that it helps to increase national income and factors
affect tourism like demographic and government policies

References
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