Just as in other industries, travel and tourism experiences trends: a certain sort of trip becomes extremely common, or a previously unknown place becomes a should-see destination. The Austrian Bank of Hotel and Tourism Development is a subsidiary of the 3 biggest Austrian banks and offers finance for and subsidies to Austrian tourism firms. Clearly, the tourism industry has not been as adept as other sectors in creating its case.
There has been a tremendous development in tourism in India because of the policies of the government and help from all levels. This makes up an estimated sum of $three.5 billion worth of healthcare tourism in Asia only. And, here we are in 2015 with a tourism policy that does nothing at all to address the quite clear need to enhance the co-ordination of tourism policy – across national and regional government, state agencies and industry.
It provides proof if any were required, that EU financial measures for tourism need to have to be radically overhauled. It requires more than just money and know-how to be accepted by the globe as a top superpower. But nonetheless the figures are really dismal given the type of prospective Indian tourism has.
RPA recently carried out a study on the effect of EU policies on tourism which includes a guide to funding instruments for the sector. In a nutshell – a change in the governance model of Irish tourism is the A single policy action that has the capacity to radically transform the …READ MORE