Table of content •Introduction •Regulatory bodies •Stages of tour operators development •Type of contract •Cost evaluation
INTRODUCTION •Tour operation management includes different activities and tasks in the business which contain its nature and functions. •‘Furthermore, it includes planning, organising, staffing, etc. activities. •Therefore, present report included different packages that consider by Travelodge.
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REGULATORY BODIES •Association of British Travel Agent •Association of independent tour operators •Federation of tour operators
2.1 Stages and timescales involved in developing holidays •Planning for development of holidays is very lengthy process which takes around 2 years to determine appropriate package. One of the vital issue in planning process is occurs with estimation of price due to which currency fluctuate. Travelodge need to consider following stages and timescales in developing holidays: •Market research •Planning and scheduling
2.2 Suitability of different methods of contracting different components of the holidays and different types of tour operator regulators •There are generally two kinds of contract methods that can be used by different tour operators in present time such as fixed and sale only contract. Both types of contract can be explained under here: •Fixed contract •Sale only contract
2.3 Calculate selling price of holiday from given information ActivitiesCostCalculationTotal amount Cost of roomsFixed5*45*54£6,210.00 Variable costVariable£8,370.00 Bus costFixed£5,400.00 Other expensesVariable£2,160.00 Guide costFixed£900.00 Total tour cost£14,454.00 Profitmargin 20% £2,890.00 Totalsalesprice of tour £17,344.80 In order to consider selling price for holiday package, following rate consider:
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REFERENCES •Matilainen, A. and Lähdesmäki, M., 2014. Nature-based tourism in private forests: Stakeholder management balancing the interests of entrepreneurs and forest owners?.Journal of rural studies.35. pp.70-79. •Deresky, H., 2017.International management: Managing across borders and cultures. Pearson Education India. •Liu, C. and Hull, J.S., 2015. ADS tour operators’ perspective of the Chinese tourism market and sustainable strategies for developing the Auckland city destination.International Journal of Tourism Cities. 1(3). pp.254-268.