As per the most basic definition of tour guide, tour guide is a person hired for conducting a tourist or traveller while pointing out their key objects of interest. In the more specific sense, tour guide is an individual hired directly either by a tour operator or any private or official tourist organization or the traveller, for informing, directing and advising the tourist prior to and in the duration of his or her journey (Eagles, 2002). The key responsibilities and duties of a tour guide are inclusive of each and every activity in relation with tourism, beginning from the arrival of tourist, to the activities of departure. Tour guides, being an important object of a tour operator, are known to be playing major roles in the development of tourism across any scale, whether it is national or regional. They hold an important duty of informing about the objects of tourism and any point of interest across specific areas spreading all across the nation. In this case, tour guide can also be considered as a front line in the development of tourism having key expectation to provide tourists with the best services, so that they have a sense of satisfaction and willingness for coming back to the object of tourist.
Usually, travel insurance has been covering belongings and health, but some of the policies have been offering or covering the bankruptcy faced by suppliers like hotels or airlines. Protection is also provided to air travellers by legislation of Europe, which is known for covering cancelled or delayed departures.
Impact on Budgeting and Financial Controls
On setting the role, governance and boundaries of tour operators, it is their key responsibility for ensuring they are less reliable on funds of public and are funded properly. Hence, their funding is done through similar types of commercial and sustainable sponsorship deals and partnership marketing with the firms of tourism industry. Tour operators can consider the role of partners in bids of local enterprise partnership or local authority partnership for regeneration funds and large- scale projects. These bids are supposed to be more credible and significantly stronger while being supported by influential and capable tour operators. This is mainly due to the high potential of tourism industry for rapid growth of economy and regeneration of community . Local authorities are known for having a strong incentive of finance for making investment in tour operators, due to the excellent prospects of the sector to drive growth of economy.