Tour Operations Management Report: HND in Hospitality Management

This report, prepared for LCB Tours, delves into the core aspects of tour operations management. It begins by outlining the company's marketing strategies and then explores the various stages involved in creating holiday packages, from market research and planning to costing and brochure creation. The report also examines different contracting methods within the tourism industry and provides a detailed breakdown of how selling prices are determined, including costs associated with accommodation, transportation, tour guides, and other expenses, as well as profit margins. The analysis further includes the application of these concepts within the framework of the tourism industry, highlighting how the development of these packages and their pricing is managed. Finally, the report concludes with a summary of the key findings and their implications for the tourism industry, referencing relevant academic sources and real-world applications.