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Tour Operation
Management

Table of Content
 Introduction
 Stages and timescales
 Component of holiday tour
 Calculation of selling price
 Conclusion
 References

Introduction
Tour operations are important for the travel and tourism because
they arrange holiday package and help in providing various
services which a customer wants in his holiday package. In tour
operation the tour operator play a important role by managing
tour package according the customer.

Stages and Timescales
There are various stages and
times for developing the
customers holiday package.
They are as follows:
 Market research
 Planning and scheduling
 Contracting

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 Costing the holiday
 Financial evaluation and pricing
 Advertisement
 Operation and execution

Component of holiday tour
There are different component
which are related to the
holiday package of
company. They are as
following:
 Fixed Contract
 Allocation
 Ad-Hoc

Calculation of selling price
LCB deal in travel and tourism services and take benefits of
positiveness of the market. The travel operators provide the
services to the customers and customers show positiveness and
the company earn profit.

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The company provide many package for holidays and some of
them are add discount and offer with them. For this, it is
important for customer to calculate actual cost of travel
including all other cost of activities incur during time of
journey.

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Accommodation cost: 96*21=2016
96/1.12= 85.7
85.7*21= 1800 (For One night)
1800*5= 9000 (For 5days)
Details' Price(in £)
Accommodation cost 9000
Transportation cost 11200
Charges of tour guide 945
Total cost 21145
Add: Profit margin @ 33% 6977.8
Sale price 28122.5

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Regulatory Bodies
There are various regulatory bodies in tourism industry. Lcb
follow ABTA( Association of British travel Agents). ABTA is
a British travel association which was founded in 1950. It
represent travel agents and tour operators.

Conclusion
In this above presentation, it is concluded that Tour operation
management play a good role in the tour industry. They make
essay travel for the customers so that the customer can make
its journey restful, peaceful and joyful.

References
Filby, N. E., Stockin, K. A. and Scarpaci, C., 2015. Social
science as a vehicle to improve dolphin-swim tour operation
compliance?. Marine Policy. 51. pp.40-47.
Nakayama, F. S. and Bucks, D. A. Eds., 2012. Trickle irrigation
for crop production: design, operation and management (Vol.
9). Elsevier.

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