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Tour Operations Management Sample | Assignment

Preparing a leaflet for the product development team at lcb Tours to understand the effects of current trends and developments in the tour operator's industry.

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Added on  2021-02-16

Tour Operations Management Sample | Assignment

Preparing a leaflet for the product development team at lcb Tours to understand the effects of current trends and developments in the tour operator's industry.

   Added on 2021-02-16

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Research about LCB ToursTour Operator inUK1.They are providing award-winningtours to their customers.2.They are Operating effectively byearning a good revenue.3.They operate as both inbound andoutbound tour operators.4.They provided assistance andholiday packages for travelling allover the world.REFERENCES Marchoo, W., Butcher, K. andWatkins, M., 2014. Tour booking:Do travelers respond to tourismaccreditation and codes of ethicsinitiatives? Journal of Travel &Tourism Marketing. 31(1). pp.16-36.Nagle, T.T. and Müller, G., 2017. Thestrategy and tactics of pricing: Aguide to growing more profitably.Routledge.Benur, A.M. and Bramwell, B., 2015.Tourism product development andproduct diversification indestinations.TourismManagement. 50. pp.213-224.Current andRecent Trends Inbound TourOperatorsOutbound TourOperatorsUK OutboundTour OperatorsSpecialists TourOperatorsAdvancements inTechnologyBy the use oftechnology thetravellers candirectly visit tolocal touristwithout any helpof tour operators.With the use oftechnology thetravellers visitingto differentcountry caneasily book therehotels and flightswithout the helpof OutboundTour Operatorswhich affectsthere businessgrowth andrevenue.Theadvancements oftechnology effecton UK Outboundtour operatorsthat the travellersthat are visitingto UK or goingoutside to UKthey need no helpfor these type ofoperators theydirectly makertherebookings(Raj andGriffin, 2015).As such there isno direct effecton Specialist touroperators ofAdvancement intechnology asthey providepackages forspecialdestinationswhere bookingsare not easilyavailable andmay be thesetype of places aresafe to travelwithout anyassistance.Low CostCarriersAs such there isno direct effecton these type ofoperators as theymanage localtourist places.But indirectly iteffects asbecause of thistourist can visitfrequently whichwill help ingrowing thererevenue.The low costcarriers hadincreased thetravel andtourism businessas the touristswill travel moreas because theexpenses oftravelling will beless whichdirectly affects inincrease inincome foroutbound touroperators astravelling will beincreased.They will alsohave same effectof low costcarrier whichInbound andOutboundTouristsoperators as theyalso provide thesame servicewhich theyprovide.With the help oflow cost carrierthe revenue ofspecialist touroperators hadalso increased asbecause of thesame reason asthe cost oftravelling hadbecome less andtravellers cantravel more withless spending/Rise and Fall ofInflationIt directly effectstravel andtourism businessas if there is risein inflation thespending powerof tourist will belower and viceversa if inflationis lower (Benur,and Bramwell,2015). Theremay be chancesof increase inrevenue whenthere is lowerinflation rates inthe destinationwhere touristsarrivedThe effect onthese types ofoperators will not be directly butindirectly as thecounty which ishaving lowerinflation rate willbe visited moreso, the touristwill travel theremore. So ifattractivepackages for thatcountryprovided, it mayincrease thegrowth ofbusinessThe effect ofinflation on thesetype of operatorstotally dependedon the inflationrate of UK.As such there isno effect ofinflation rates onthese type of touroperators as if thetravellers wantsto go that he willnot stop eventhey have tospend more as itis totallydepended uponthe choice oftravellers.Inbound Tour Operator-: They arelocally based tour operators and they workfor promotion of local destination to theinterested travellers. They are mostly thebusiness owners and leaders of industry ofthat region and they all work together forpromotion of destination. In simple wordsit can be said as they are most importantchannels that are available for small citytours for the travellers (Marchoo, Butcherand Watkins, 2014). The following are thecurrent and recent trends for the inboundtour operators-:Outbound Tour Operators-: Thesetype of Operatorstake travellers of onecountry for travelling in the anothercountry. Theoutbound tour operatorstaketourists to all over the world and even todifferent continents. Organisationswhichprovide local assistance to these typesoftouristsarriving in their city are calledInbound or ReceptiveTour Operators(Nagle and Müller, 2017). In simple wordsit is said as visitors visiting outside therecountry or territory with these type ofoperators.UK Outbound Tour Operators-:These are the tour operators which taketraveller of UK to outside there country fortravelling and tourism purposes are knownas UK Outbound Tour Operators.Specialist Tour Operators-: Thesetype of tour operatorsforms specialholidays and they are specialised inproviding services at particular destinationsfor a particular holiday. Specialist touroperators also have to take more care forthe places as the people and environment ofthat destination may try to provide thenegative effects of holiday (Long and Shi,2017).Inbound Tour OperatorSpecialist Tour Operators-Outbound Tour OperatorUK Outbound Tour OperatorsTask 11.1 Key historical developments in the travel and tourism sector
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