The report highlights the current and recent trends in the tourism sector, including advanced and flexible booking options, increased disposable income of customers, and the impact of technology on the industry. It also discusses the role of tour operators and the importance of sustainable development in the tourism industry.
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Tour Operations Management (Effects of current and recent trends and development on tour operator industry) On the basis of the surveys conducted for the report it can be analysed that travel and tourismindustryisgrowingwitharapidpaceinthemarket.Thecompany Trailfinders Ltd. Is one of the leading companies in tourism industry. They provide attractive and nominal deals to their customers. The company's objective is to increase its market share and to develop effective and result oriented strategies. The recent trends and development in the tourism sector are as follows- Advanced and Flexible Booking Options: As the technology has grown over the years, it has resulted in making life easier for the people. The advancement in technology has also benefited the tourism industries as now people book their flights, train tickets, buses, hotels, etc. while sitting at home. It results in saving time as well as costs. Trailfinders Ltd. has to follow the recent technology effectively and they have to design their websites in a way that they attract more and more customers. Increase in disposable income of customers: - the income level of people is increasing in a good way. This raise in income level allows people to afford the expenses for tours and travel. This leads to the benefit for the tourism industries. Trailfinders Ltd. provides great services to their customers which satisfies the expectations and needs of the customers. Tour packages: - In this current time, tourism companies are attracting people with tour packages which is planned on the basis of various customer’s base, needs and the demands. Tour packages are efficient as they incur nominal costs and turns out to be of great satisfaction to the customers. Trailfinders Ltd. draw the attention of the people by introducing tour packages of great worth at nominal cost. Marketing in tourism industries: marketing strategies are being imposed in the tourism industries from recent time. Marketing is required to attract the people towards the packages tourism companies are giving and to increase their business. Trailfinders Ltd. give information to the customers about the offerings of the company with the help of marketing promotional techniques. Sustainable development in tourism industry: sustainability is a key element in tourismindustry.Itisconsideredassustainabledevelopmentbecauseit involves healthy and ethical activities to raise the business rate in the market. It is required of tourism companies to process their business activities in ethical form.TrailfindersLtd.Shouldpossesssustainabledevelopmentthrough introducing employment opportunities and by keeping the heritage and regional culture preserved. Role of tour operators: Tour packages are constructed by the tour operators in today's market scenario. There are various types of tour operators like- Outbound Operators: They construct packages for the customers who desire to travel in foreign countries. Domestic Operators: They plan tours for the customers within the respective boundaries of the country. Incoming Operators: They assist in providing tours to customers coming from foreign countriestotravel.SpecialistOperators:Theylendtheirservicestothe customers who are interested to travel in a specific geographical area. Direct sell operators: These operators sell tour packages to the customers directly. They help in getting the packages at lower prices.