Travel & Tourism: Government, Agencies, & Economic Policy

This report examines the critical role of government bodies, international agencies, and government-sponsored entities in shaping the travel and tourism industry. It analyzes how national and local economic policies impact the success of this sector, using the TUI Group as an example of a large company affected by UK government regulations, including taxation. The report further discusses how government support and regulations at the international level can influence the growth and sustainability of travel agencies. It emphasizes the importance of government bodies in formulating rules and regulations that improve productivity, service quality, and customer satisfaction. The report concludes that governmental oversight and policy implementation are vital for the overall performance and economic contribution of the travel and tourism industry, highlighting both the positive and negative impacts of these interventions. Desklib provides students access to similar solved assignments and study tools.

Travel and Tourism
Management (2.1, 2.3)

Table of Content
 Introduction
 Function of government, international agencies and
government sponsored bodies
 National and local economic policy impact on the
success of the travel and tourism sector
 Conclusion
 References

Introduction
Travel and tourism management is one of the fastest gro
wing industry in the world which contribute in overall e
conomic development. This industry generate large amo
unt of profitability in every year by delivering quality se
rvices to their clients.

Function of government, international agencies
and government sponsored bodies
Travel and tourism industry is one of the best growing
industry which define lots of opportunities for their
peoples which directly contribute in economic growth. In
this there are some functions of international agencies,
government sponsored bodies and government bodies are
as follows:

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Government: TUI group is one of the largest company i
n travel and tourism industry. The government of UK set
their rules which affect the organizational performance. T
hey pay 14% tax to the government. With the help of lega
l term, travel and tourism industry easily encourage their
customers at various destination.

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International bodies: In this context, for increasing the t
ourism the government of UK provide support to all the t
ravel agencies and company to set their business at intern
ational level.

National and local economic policy impact on the s
uccess of the travel and tourism sector
Position of the government bodies play an important role
which aid in developing the travel and tourism industry
in effective manner. In this the local economic policies is
also a important for the success of the company because
they make best rules for their local people in which they
introduce new job opportunities for their people in which
they improve their living standard.

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In this the government also tries to increase the fund so th
at they effectively utilize all the financial resources which
contribute in development of the economy. It is more effe
ctive for the government to invite as well as attract large
number of customers towards the various destination in o
rder to evaluate their expenses effectively.

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In this context various rules
and regulations are formula
ted by the government bodi
es to improve the travel and
tourism sector.

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It aid in improving their productivity that aid in deliverin
g quality services for their customers are per their deman
d and requirements. In this the government bodies and to
ur operators charge high price for the customers in order t
o generate large amount of profitability that increase the
economy growth.

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The government bodies also define the policies which is r
elated to the customers needs which is follows by the TU
I groups. This will aid in influencing the company to satis
fy customers demand in appropriate manner.

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Along with this, the company also provide better training
programs for their employees so that they easily understa
nd the customers needs and provide quality services effec
tively. It is also important for the organization to maintain
the better coordination among all the activities and with g
overnment so that they easily attain their target and objec
tives in appropriate time period.

Conclusion
From the above mentioned report, it can be concluded tha
t government play an important role in improving the ove
rall performance of the travel and tourism industry by for
mulate their rules and regulations. At the time of impleme
nting all the process it define the positive and negative im
pact which aid in evaluating the actual position of the co
mpany at marketplace.

References
Berne, C., Garcia-Gonzalez, M. and Mugica, J., 2012. Ho
w ICT shifts the power balance of tourism distributio
n channels. Tourism Management. 33(1). pp.205-214.
Buhalis, D. and Darcy, S. eds., 2011. Accessible tourism:
Concepts and issues (Vol. 45). Channel View Publicat
ions.

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