Table of content Introduction 1.1 Evaluate effects of current and recent trends and developments on the tour operations industry 2.1 Assess the stages and timescales involved in developing holidays 2.2Suitabilityofdifferentmethodsofcontractingfordifferent components of the holiday and different types of tour operator 2.3 Calculation of the selling price of a holiday
INTRODUCTION Tour management is concerned with tourism industry which provides several services to tourist such as, hospitality services, holiday plans or packages, etc. Thissectorisbeneficialinsustaininganddevelopingnation.Many tourists and travellers visits several destinations by investing in tour agency.
STAGES AND TIMESCALES INVOLVED IN DEVELOPING HOLIDAYS There are some stages and timescales which are considered by company in developing holidays are as follows: Market research Planning and scheduling Contracting Costing the holiday Financial evaluation and pricing Creating the brochure Advertising: Operation and execution Developing a tour market plan Post tour management
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
DIFFERENT METHODS OF CONTRACTING Thus, some methods of contracting adopt by company are as follows: Fixed contract: Allocation Ad-hoc contract:
CALCULATION OF THE SELLING PRICE OF A HOLIDAY DetailsPrice(in £) Accommodation cost9000 Transportation cost11200 Charges of tour guide945 Total cost21145 Add: Profit margin @ 33%6977.8 Sale price28122.5
CONCLUSION In this report, it is analyzed that tour operation industry is a vast sector which includes several aspects related with traveling and tours. It is important for these companies to implement better tools and tactics to sustain their business.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
REFERENCES Gibson,P.,2012.Cruiseoperationsmanagement:Hospitality perspectives. Routledge. Newsome, D., Moore, S. A. and Dowling, R. K., 2012. Natural area tourism:Ecology,impactsandmanagement (Vol.58).Channelview publications.