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Aspects of Travel and Tourism Sector- TUI group

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Added on  2020-01-28

Aspects of Travel and Tourism Sector- TUI group

   Added on 2020-01-28

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The Travel and Tourism SectorTRAVEL AND TOURISM SECTOR1
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The Travel and Tourism SectorTable of contentIntroduction......................................................................................................................................3Task 1...............................................................................................................................................41.1 Historic development in travel and tourism sector (Refer to poster presentation)....................4Task 2...............................................................................................................................................42.1 Role of government sponsored bodies, government and international agencies in travel andtourism (Refer to PPT).....................................................................................................................42.2 Influence of local and national policies upon success of travel and tourism sector (PPT).......42.3 Implications of political change upon travel and tourism sector in UK and USA (Article).....4Task 3 (Written management report)...............................................................................................53.1 Influential factors to tourism demand........................................................................................63.2 Change in supply of TUI group for meeting demand................................................................8Task 4 (Written management report)...............................................................................................94.1 Social, economic and environmental impact of tourism activities of TUI groups in Greeceand Sri Lanka...................................................................................................................................94.2 Strategies applicable for reducing the negative and maximising the positive impacts of TUIbusiness operations........................................................................................................................11Conclusion.....................................................................................................................................122
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The Travel and Tourism SectorIntroductionTourism is the socio-economic phenomenon that is characterised by movement of peopleor groups outside their actual environment for personal, professional or recreational purposes(Walker and Walker, 2011). Tourism industry of United Kingdom has flourished massively sinceits decision of Brexit and exhibits further prospect of growth. Understanding the tourismbusiness with reference to the contemporary market environment of the tourism industry isessential for the travel and tourism entities in the current market to ensure that the company’spolicies and operational decisions remain in line with the market. This particular study aims tostudy different aspects of travel and tourism sector and factors that influence business prospectsof the market entities. For this, the researcher has assumed different functional positions in TUIGroup and conducted four different tasks. TUI group is the market leader in the global tourismbusiness with the turnover of €17.2 Billion in financial year 2015-2016 (TUI Group, 2017). 3
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The Travel and Tourism SectorTask 11.1Historic development in travel and tourism sector (Refer to posterpresentation)4
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The Travel and Tourism SectorExplanation: the poster describes various historic developments in travel and tourism sector.The earliest stage from 3000 BC to 2nd BC is known as the Empire period in which tourism was5
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The Travel and Tourism Sectorconducted with the purpose of making pilgrimage to religious places. Following this, MiddleAge Period started from 500 to 1400 AD and is characterized by flourishing state of religioustravels. The next development is known as Grand tour and dates back to 16th century. It wasmarked by rich English people engaging in luxurious travels. Post – Industrial tourism rangesfrom 1850 to 1900 AD and comprised of various technological and social changes. Next camethe era of communication and transportation advancement fro 1945 AD to 1990s and is known asthe Post War Period. During this period, communication and transportation advancements led torapid tourism growth. 1.2 As per Lerper’s tourism model, there are basic five elements of the tourism operations of acompany. HUMAN ELEMENTTouristsThe individual that consumes the product that tourism organisations offer in the market Purpose of travelling: leisure, business, family, medical or academicTUI possesses 30 million such tourists that have at least once consumed its services(TUITravel Media Centre – Thomson, 2017)Traveller generating region (TGR)The place where generally tour begins and endsTourist destination region (TDR)Place where tourists visit during the tours TUI currently avails its customers, opportunity to visit around 180 regions across the globe GEOGRAPHIC ELEMENTTransit RouteThis is the route where the travel takes placeTUI uses multiple routes and travel measures such as cruise, air carrier, and motor vehicles for this purposeINDUSTRIALELEMENTIndustryComponents that generate and avail the services Incorporates common interest organisations such as Hotels, restaurants, airlines and othertransportations, local travel agencies, organisers of recreational activities such as clubs,special events, attractions (Weaver, 2012)TUI currently works in collaboration with 5 airline operations that avail 150 aircraft and14 cruise liners for transportationIt also works with around 350 hotels and 1600 travel agencies across the world 6
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