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Since a few years, it has been seen that visitors from China are coming UK to visit the nation very frequently and in high number. This is significantly helping the economy of United Kingdom to grow at a fast pace by earning higher revenues from the same.
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Tourists coming from China are spending a high amount on availing the tourism services with which industry is earning higher profits. It has been researched thatChina is contributing around ÂŁ500 million to the economy of UK by visiting the country. Therefore, with the same, along with gaining profits, many employment opportunities are gained by people residing in the UK.
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If tourism industry is earning attractive profits, then it is responsible for providing necessary benefits to the tourists. In travel and tourism sector of UK, government is playing a crucial role which can be stated like:
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Formulating national policies with respect to tourism development
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Investing a good amount in the facilities for growth in travel and tourism sector
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Promoting nation for the purpose of rising tourism
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sponsored bodies as well as international agencies are responsible for increased development in the travel and tourism sector. Major functions played by them are like:
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Developing the economy
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Maintaining the understanding at international level
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Prospering the economy and bringing peace
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Main international agency i.e. UNTWO is mainly focusing on the development of nations with travel and tourism sector
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Local and economic policies highly influence the success of travel and tourism sector. It is because; as per the same, companies operating in this sector have to perform their functions. In accordance with the article given, these are the VISA policies that play a vital role in giving leverage to China and thus, people are easily coming from the nation for the purpose of visiting different places.
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It can be said that national economic policy proves to be highly effective for making the economy grow and attain high
success. IMF and the world bank are those bodies which are significantly affecting travel and tourism sector of UK through imposing different policies. All these policies are helping the industry to develop different facilities to a high extent.
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It can be concluded from that China is highly contributing in making the economy of UK grow by making it
able to earn higher profits and revenues. Tourists coming from the nation are resulting in providing various employment opportunities to the people of UK in travel and tourism sector. Also, it has been assessed that local and national economic policies are also proving to be very beneficial for making the industry grow as
well as for developing the economy as a whole. Overall, it can be said that travel and tourism industry of UK is gaining a lot of advantage through Chinese visitors and thus, it should keep on entertaining them.
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Moutinho, L. ed., 2011. Strategic management in tourism. Cabi.
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Narayan and et.al., 2010. Tourism and economic growth: a panel data analysis for Pacific Island countries. Tourism economics. 16(1). pp.169-183.
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Peeters, P. and Dubois, G., 2010. Tourism travel under climate change mitigation constraints. Journal of Transport Geography. 18(3). pp.447-457.
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Scott, D. and Becken, S., 2010. Adapting to climate change and climate policy: progress, problems and potentials. Journal of Sustainable Tourism. 18(3). pp.283-295.
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Wu, P. and Shi, P., 2011. An estimation of energy consumption and CO 2 emissions in tourism sector of China. Journal of Geographical Sciences. 21(4). pp.733-745.
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Dickinson, J. E. and Lumsdon, L., 2010. Slow travel and tourism. Earthscan.
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