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Tour Operation Management

CONTENT COVERED
 Introduction
 Stages Involved in developing holiday plan
 Contract of different components
 Regulatory Bodies
 Conclusion
 References

TOUR OPERATORS
 It refers to create a package holiday by combining tour and travel
components and they also promote their services with the help of a brochures.
 In this context, it is essential for LCB tours to develop various efficient stages
which are helpful for creating a package holiday.

STAGES AND TIMESCALES INVOLVED IN
DEVELOPING HOLIDAYS
 Marketing Research
 Planning and Scheduling
 Contracting
 Costing the holiday
 Financial evaluation and planning
 Creating brochure
 Advertising
 Operation and Execution
 Post tour management

CONTRACTING FOR DIFFERENT
COMPONENTS
 Types of Contracts
 (a) Fixed Contracts
 (b) Allocation
 (c) Ad-hoc

CALCULATE THE SELLING PRICE OF A
HOLIDAY
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

REGULATORY BODIES
 The Federation of Tour operators (FTO) is established with an aim to bring
change and improvisation in areas which affects overseas tourism.
 It ensures health safety and hygiene in all aspects of tourism .i.e. across
the journey, transportation, accommodation, departure point etc.
 It co-ordinates operational activities of UK outbound travel industry.

CONCLUSION
 A tour operation management refers to manage and organise all travel related
activities effectively and efficiently. This report elaborates effect of current and
recent trends on development of tour operating sector and various stages which are
essential for developing a holiday package. In this context, the chosen organisation
LCB tours provide tourism related activities to their potential customers at a global
level. This report also discussed various methods of contracting, strategies to
evaluate proper pricing for holiday package and different methods of distribution
to sell a holiday package.

 THANK YOU