Scope and Scale of the Hospitality Industry | Thomas Cook Plc
Added on -2020-02-05
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Hospitality Provision
Table of Contents INTRODUCTION..........................................................................................................................3 TASK 1............................................................................................................................................4 A. Scope and scale of the hospitality industry within travel and tourism sector........................4 TASK 2............................................................................................................................................6 A. Integration in hospitality and travel and tourism businesses..................................................6 B. The impacts of integration......................................................................................................7 TASK 3............................................................................................................................................8 A. Rational for a new hospitality business outlining product-service concept...........................8 B. Produce a project proposal including target market, location, operating model and design based on a thorough market potential analysis...........................................................................9 CONCLUSION..............................................................................................................................10 REFERENCES..............................................................................................................................12
INTRODUCTION Hospitality service can be stated as the crucial concept in travel and tourism business as it helps in delivering best services to people and assists them to gain best travel experience. However, such services usually connect users throughinternet. In addition to this, there are varied hospitality services that are delivered by any service provider i.e. accommodation, food, laundry services, entertainment and so on (Poulston and Pernecky, 2014). Thus, it can be stated that it is essential for travel and tourism business to provide the best customer experience which helps in expanding the scope and scale of hospitality industry. In general, hospitality organization interconnects its functions with travel and tourism business so that they can work together and attain customer satisfaction. However, travelers are spendingtheirvacationsthroughvisitingdifferentdestinationsthatrequiresthebestknowledge. Therefore travel and tourism business is required to provide them high advantage by rendering peoper knowledge and information. In the present study, Thomas Cook Plc has been undertaken which is a British multinational travel and tourism organization. It is also listed in London Stock Exchange. It contains varied hospitality operations that help in attracting tourists and satisfying their needs. For instance, it involves varied holiday packages, cruise and bookings for hotels and resorts as per the clients' requirement so that they can attain maximum satisfaction. Company also owns the scheduled airline Condor and booking website such as Hotels4u. Hence, it helps in delivering a vast range of products and services to the clients so that they can attain quality travel package (Katz and LaVan, 2012). Moreover, it is essential for organization to possess different products and services related to travel and tourism business so that tourists select the same company whenever they travel. In 2007, Thomas Cook was merged with My Travel Group Plc and expected to make savings of around 75 million Pound a year. However, such integration helped Thomas Cook to gain relatively high percentage of clients using travel and tourism services. Further, the study undertakes varied tasks such as scope and scale of hospitality services within travel and tourism sector and also examinesthe role of hospitality function within Thomas Cook (Cummings, Kwansa and Sussman, 2013). Other than this, this report evaluates different horizontal and vertical integration within hospitality business. At the end, a rational has been developed for a new hospitality business that outlines the product and service concept. TASK 1 A. Scope and scale of the hospitality industry within travel and tourism sector It can be stated that hospitality industry possess wide scope and scale within travel and tourism sector which involves services related to accommodation, food, laundry, entertainment etc. However, all
these products and services are important within hospitality business as it help in gaining customer satisfaction. Hospitality sector as well as travel and tourism business is interconnected with each other so that required products and services can be delivered to clients as per their needs. As per the global perspective, both these functions interconnect with each other and provides different services to clients so that they can gain comparative advantage. Hence, in regard to this, Thomas Cook is providing the best travelexperience and accommodation services so thatguests can feelsatisfied (Gilmour,2013). Moreover, it assists travelers to choose similar organization as a tour operator whenever they plan for spending their vacations. Thus, it creates a positive brand image of firm in the market and helps in increasing profit percentage. Furthermore, it can be stated that both hospitality business as well as travel and tourism sector interconnect with each other and involve varied facilities such as transportation, cruise, food and beverages, entertainment etc. in order to attain customer satisfaction. However, through such type of activities, scope and scale of hospitality business are increased within travel and tourism sector. Thomas Cook being a tour operator is required to make good connection with varied hotels so that they can suggest and provide best deals to travelers. Further, scope and scale of hospitality services are wider and thus it helps in delivering best services to clients and attain satisfaction. The role of hospitality in Thomas Cook is very extensive as it helps in providing wide range of products and services in order to fulfill the needs of guests (Bray and Macneil, 2012). Further, there are varied key roles and operations within hospitality business which help in providing the best services and products to clients in order to attain satisfaction. Following are the two different departments within hospitality businesses such as front house and back house. In the front department, it involves reception counter which is directly connected with travelers and focused on gaining their views and opinions in regard to make suitable changes to attain results. While, back house department involves people who work behind the scenes in order to provide the best quality services to guests (Norton, 2015). M1 It can be stated that role of hospitality provisions plays a critical role within travel and tourism business. However, hospitality business has become increasingly popular as it interprets varied functions within travel and tourism sector. Hospitality provisions as well as travel and tourism business are interconnected within each other so that best products and services can be delivered to guests. For instance, hospitality provision involves varied components such as food and beverages, accommodation, laundry services, transportation and entertainment etc. However, all these components of hospitality industry are effective and thus, Thomas Cook is required to involve them in order to plan an effective
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