Report Tui Group & Thomas Cook- Development In Travel & Tourism Sector

Travel and Tourism Sector

TABLE OF CONTENTS
INTRODUCTION................................................................................................................................3
TASK 1.................................................................................................................................................3
1.1 Key historical developments in travel and tourism industry.................................................3
1.2 Structure of travel and tourism sector....................................................................................4
TASK 2.................................................................................................................................................6
2.1 and 2.2 in ppt.........................................................................................................................6
2.3 Influences of political changes............................................................................................11
TASK 3...............................................................................................................................................12
3.1 Elements impacting on demand...........................................................................................12
3.2 Changes in supply for accomplishing demands...................................................................13
TASK 4...............................................................................................................................................14
4.1 Positive and negative impacts..............................................................................................14
4.2 Strategies..............................................................................................................................15
CONCLUSION..................................................................................................................................16
REFERENCES...................................................................................................................................17

INTRODUCTION
Travel and tourism is the category of business which consists of various other categories
of businesses which involves in fulfilling needs and requirements of tourists. Different factors
like transportation, industrialisation and greater awareness of individuals about various ethnic
destinations are developed from the beginning of era (Telfer and Sharpley, 2015). Peoples are
more inclined towards creating tours and visiting destinations as it was demanded to explore
foreign cultures and people. Thomas Cook and TUI Group business organisation have gained
market share and diversified these opportunities and provided facilitation to tourists in the form
of pre-planned tours, affordable pricing, easy accommodation etc.
In this report, detailed structure of the concerned industry and the major historic
developments in travel and tourism sector are described. In this report role of various groups and
functioning bodies like government and non-government or private sector companies are
elaborated. In order to provide information regarding respective changes in the travel and
tourism sector, impact of local and national economic policies with political and social
environment will be described in this assessment. Two prominent factors which are getting
affected due to several factors are supply and demand. In order to create better understanding
these aspects are considered in this report. Furthermore, several strategies are used to increase
positive impact and reduce negative factors and on travel and tourism industry.
TASK 1
1.1 Key historical developments in travel and tourism industry
3

1.2 Structure of travel and tourism sector
4