Ask a question from expert
Project Management Assignment | Flight Central
26 Pages6303 Words220 Views
Added on 2020-05-16
Project Management Assignment | Flight Central
Added on 2020-05-16
BookmarkShareRelated Documents
Running Head: Project ManagementProject Management
Project Management1AbstractBackground: Flight Center has the travel outlet in Australia is an research field yet as it hasamplified over the years, its development is proposed to exceed inbound travel and tourism inthe country which in turn makes significant impact to the Australian economy.Objectives: To examine and evaluate the aspects that affect the inbound and outboundtourism in Australia by considering the reasons why tourist travel to Australia, whatmotivates them for traveling to Australia and the unpromising factors for outbound travelfrom Australia.Methodology: The quantitative research design bring into line with the positivist paradigm.In the present research, the research tool of survey has been selected for the research. Thesurvey method is used to find how flight center affected tourism and why tourism hasincreased rapidly in last years. The survey is conducted with the customers of Trip advisorand panel data modeling approach is used. The quantitative study will be used to examine thenumerical data (Bui, 2013).
Project Management2Table of ContentsAbstract.................................................................................................................................................1Introduction...........................................................................................................................................3Overview...........................................................................................................................................3Background.......................................................................................................................................4Project Purpose and Objectives.........................................................................................................8Research Questions...............................................................................................................................9Brief Literature Review..........................................................................................................................9Research Methodology, Results and Discussion..............................................................................13Panel Data Modeling.......................................................................................................................15Factors that Affect Travel Trend Estimates.....................................................................................15Conclusion...........................................................................................................................................19References...........................................................................................................................................19
Project Management3IntroductionFlight Center opens the world for the one who want to travel as it one of the largestsupplier for travel services and products. It delivers high quality service to the customer byproviding tourism from overseas. It increases the inbound and outbound travel in the countrywith in turn increases economic growth of the company. It is one of the leading travel groupsoperating in more than 23 countries and the network is speeded in more than 90 countriesincreasing the business globally all around the world.OverviewFlight center has become world’s most profitable travelling agency deliveringamazing experiences to customers. It has engaged number of customers from all over theworld making a growth in the market. (Flight Center, 2018). Tourism is one of the importantcomponents for the economy of the country. This travel group has expanded and marked aremarkable growth for more than 40 brands. Tourism contributes around $47.5billion to thenational economy. Flight Center has business in Australia, Canada, Hong Kong, UnitedKingdom, New Zealand , United States, India, South Africa, China, Singapore, United ArabEmirates and Mexico and has a annual turnover of around $20 billion. It is well recognizedaround the world.This has increased tourism in Australia from international borders. In 2016around 37.3 million people crossed Australia though majority movements were for short stayand very less for long term stay in the country. The researched showed that major travellersare for short stays, that is affected by seasonal changes and the reason for short stay isholidays, visiting friends or relatives, or for biasness purpose. Other than short term stay,people do come for long term stay or even some are migrated.
Project Management4Figure 1: Visitors to AustraliaThe above graph stays the stay of visitors in Australia. Some come for a short staywhile other for a long term stay. Background Flight center is not an overnight success story. The struggle started in early 19s. Thejourney of Flight Center started in 1970 than business expanded rapidly. First flight centerwas setup in Sydney in 1982 and a huge success was reported as the share price increased onthe first day of trading. It is a travel group which has the largest retail outlet in Australia. Itwas founded in 1982. Now it is one of the leading travelling group consisting more than 40brands. Flight Center provides travel services tremendously in last years. Chief part ofeconomy in Australia comes from tourism. This contributes in large amount of Grossdomestic product (GDP) and the tourism is growing day by day. Thus natural beauty hasattracted many tourists in the country from all over the world. Tourism is a boom for theeconomy due to new emerging markets which is estimated to be the largest trade and industrycontributor to the Australian tourism industry (Krishna, et. al, 2015).
Project Management5Figure 2: Short Term StayFigure 3: Long term Stay Long term stay in Australia has increased rapidly in last years the reason is for higherstudies or for business purpose (Preuss & Solberg, 2015).Tourism- It can be concluded that Tourism is one of the important things for contribution ofAustralian economy most of the contribution is from international tourist Tourism inAustralia has expanded because of which country has improved the facilities of travellingfrom anywhere. Moreover, New Zealand contributes to maximum tourist apart from that
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
The Study of Travel Industry | Australia - TOU501lg...
|5
|998
|43
Analyzing Outbound Tourism in Australia: A Business Analytics Perspectivelg...
|9
|1464
|272
Techniques and Resources to Analyse Current Trends in UK's Travel and Tourism Sectorlg...
|2
|530
|95
Contemporary Issues in Travel and Tourismlg...
|8
|733
|57
pdf Outbound Tour Operatorslg...
|2
|597
|104
Impact of COVID-19 on UK Tourism: Heritage Sites and Digitizationlg...
|8
|2100
|213