Influence of Government & Economic Policies on Travel & Tourism

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Added on  2023/03/24

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This report examines the functions of government, government-sponsored bodies, and international agencies in the travel and tourism sector, focusing on the UK's Tourism Act 1969 and the roles of the British Tourist Authority (BTA) and the English Tourism Council (ETC). It analyzes how local and national economic policies, including fiscal and monetary policies, impact the success of the travel and tourism industry, considering the influence of tax policies. The report also references the role of the UNWTO in promoting economic growth and development within the sector, highlighting the importance of regulatory frameworks for business development. It concludes by comparing developed and developing tourist destinations, emphasizing the significance of culture as a key factor in attracting visitors.
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TRAVEL AND TOURISM
SECTOR
Task 1
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Functions of government, government sponsored bodies and
international agencies in travel and tourism.
Government of UK has introduce the tourism Act 1969 which will
bring the better tourist activities in the nation.
British Tourist Authority (BTA) and the English Tourism Council
(ETC) had started tourism develop the tourism which will
monitored all the industry
. As thee main motive of act is to brig the development of the business
regrading the tourism development and they provide better services
to the tourist.
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CONTD..
Tour regulation 1992 controlling the function of tour agent within
United kingdom and it will influence tour agent to provide the
better services to the customer.
It is important to follow the packages travel regulation act for the
tour operator to offer the affordable cost packages to the customer.
If these laws are not flowed than the consume right will be
neglected which is the main aspect for the development of
tourism.
Some of the government bodies in UK such as Department for
Culture, Media and Sport that monitors the tourism activities.
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Contd..
UNWTO which is responsible for the economic growth and
development of travel and tourism business in the country.
As these agencies have the authority to bring the certain
regulation for betterment of business in the UK so that tour and
travel sector will be developed according to the plans.
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Influence of local and national economic policies over
the success of travel and tourism sector.
To bring the better economic policy to develop the tour and travel
industry and growth of the nation will be increaser with the better
police framework by the government. For any nation two
economic policy will change the entire structure of development
which are monetary and fiscal policy.
As the fiscal policy is the most important aspect for development
in the nation as these policy reefs to the income and expenditure
done by any nation to develop the various sector.
the monetary policy of United Kingdom has main role in the
development of these sector as the government will give various
benefices to the financial organisation and other business in term
of low interest rate so that more number of business can be
develop at the local,and regional level.
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Contd..
Also the Tax policy of the United kingdom has positive and
negative influence on the tour and travel industry. Tax rate has
been changes on various things will directly benefited tom the tour
and travel industry. Higher the tax rate more burden on tourism
and business. So it is important for the United Kingdom to reduce
the tax rate on certain products and service for the growth of tour
and travel sectors.
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REFERENCES
Pandža Bajs, I., 2015. Tourist perceived value, relationship to
satisfaction, and behavioral intentions: The example of the
Croatian tourist destination Dubrovnik. Journal of Travel
Research. 54(1). pp.122-134.
Reza Jalilvand, M. and Samiei, N., 2012. The effect of word of
mouth on inbound tourists' decision for traveling to Islamic
destinations (the case of Isfahan as a tourist destination in
Iran).Journal of Islamic Marketing. 3(1). pp.12-21.
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As comparison to the developing tourists destinations,
leading visitors attraction is better. On the other hand,
culture is the most important factor in the visitors
attraction. In addition to it, this element growing many of
the countries are more attractive compared with the
developed countries like for an instance United Kingdom.
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THANK YOU
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