Hospitality Provisions in the Travel &Tourism Sector

Added on - 26 Dec 2020

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Hospitality Provisionsin the Travel&Tourism Sector
Table of ContentsINTRODUCTION......................................................................................................................3TASK 1.....................................................................................................................................31.1 discuss the interrelationship between hospitality and wider travel and tourism business3TASK 2......................................................................................................................................52.1 analyse the implications of integration to the hospitality industry..................................52.2: Discuss how integration has affected a hospitality business...........................................6TASK 3......................................................................................................................................73.1:Develop a rationale..........................................................................................................7CONCLUSION......................................................................................................................10REFERENCES........................................................................................................................11
INTRODUCTIONTravel and tourism are the part of hospitality industry and it is one of the fast growingindustry. As people travel to spend vocations, to attend the business meetings, sports andother programmes. There are various services which are provided by the hospitality industrywhich involves accommodation, transportation, food and beverage and other entertainmentfacilities. It is important for the travel and tourism business to fulfil the expectations ofconsumers by providing quality products and services.Travel and Tourism industry is one ofthe fast growing sector in the world and there is huge scope. It is the busienss of attracting,accomodating & entertaining tourists & the business of operating tours. Tour can be any typeand it it can be within the country or outside the country and its depends uopn the choice ofconsumers and the facilities and service which are provided by the tour operator is dependupon the choice of tourist. As the main aim of this sector is to satisfy the needs of consumersby providing quality products and services and it will help the comapny to maximzie its salesand it leads the higher profits. As a result organisation will able to grab more market sharewhich is helpful for the growth of corporation. There are various nations which are known fortourist place and people attract towards them so that they can visit and experience a betterholiday trip. It is beneficial for the nation becasue it will increase the foreign currency whichis importnat for the economic growth and development of a country.To better understand thisconcept TUI group has been chosen which is a travel and tourism company and it belongs toUnited kingdom. As organisation has a collaboration with travel agency, hotel, airlines &ships. It makes control over 1800 travel agency & 300 hotels & resort.In the financial year2018 TUI group has earned total revenue of19523.9 million and net income of€780.2million.In this report, there are various topics has been covered such as: interrelation amonghospitality & wider travel and tourism business, implication of integration to the hospitalityand how it affects the business. Apart from this it also discuss about to develop a rationale forthe chosen project and to develop a plan for a hospitality business.TASK 11.1 discuss the interrelationship between hospitality and wider travel and tourism businessThere is an interrelationship between hospitality and travel and tourism business. Asthe travel & tourism comes under hospitality industry and in the success of this industrytourism plays an important role. It is most necessary for the companies to provide betterproducts and services in order to satisfy the needs of consumers. It involves: transportation,
event planning, theme park etc. As the facilities and services which are provided by thehotels are includes, club, bar, pub, swimming pool etc. There are various facilities which areprovided by the UTI Group as per the requirement of consumers. It is important to understandthe needs of consumers so that it can generates more revenue as a result organisation will ableto capture more market share. To sustain for a long term it is important for the tourist industryto provide the products and services as per the needs of travellers and that they become loyalwith the corporation (Iancu and et. al., 2013).There are various companies which are involved in this sector because of highgrowth and scope in the business. It is require for the company to provide quality services ataffordable price so that consumers can retain and does not go outside to find any alternativeor substitute. As the tourism industry provides various services and facilities to the tourist andso that they feel happy and get better experience. The services which are provided by the UTIgroup are based upon demand and as per the budget of the consumers. As hotel and travelindustry both are linked to each other. As an instance, if there are family members who wantto travel at different locations and for that purpose they have to make contact to the specifictour operator of United Kingdom which provide best package with quality services (Ghanyand Latif, 2012).The services which are provided by it as food and beverage,accommodation and other facilities. As hotels will provide the food & accommodation to thetourist and with it tour cannot be possible so it can be said that hotel and travel industry areinterlinked to each other. As TUI is famous company who provide the services which arerelated to the travel and tourism business. It provide travel and tourism services and providethe facilities which are related to accommodation and food because it has contact with thehotels and while tour the tourist visit the hotel and get the services and facilities as per theirdesire so that their needs can be satisfy. As the TUI group has contact with theIntercontinental hotel group which provide various facilities and services to the tourist of TUIGroup which involves, accommodation, breakfast, lunch, dinner, pool, bar, swimming andother facilities as per the desire of consumers. So it has been analysed that hospitality andtravel and tourism business are interlinked with each other and it contribute in the growth ofhospitality industry (El-Gohary, 2016).Scope:In present time, the scope of hospitality industry mainly includes to the varietyof businesses that are beneficial for customer and providing useful services and facilities. It isobserved that hospitality is consider to be one of the main economical sectors that support inmajor growth and prospects in jobs. Different businesses such as hotels, pubs, clubs,
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