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Travel and Tourism Management: A Comprehensive Analysis of TUI Group's Business

   

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1TRAVEL AND TOURISM MANAGEMENT
Travel and Tourism management
Student’s Name:
Student’s ID:
Date: 03.05.2018
Professor Name:
Travel and Tourism Management: A Comprehensive Analysis of TUI Group's Business_1

2TRAVEL AND TOURISM MANAGEMENT
Table of Contents
Introduction......................................................................................................................................3
Task 1...............................................................................................................................................3
L01:..................................................................................................................................................3
1.1. Key historical expansions in Tourism and Travel sector......................................................3
1.2. Structure of Tourism and travel sector.................................................................................4
Task 2...............................................................................................................................................5
L02: PowerPoint Presentation.........................................................................................................5
Task 3...............................................................................................................................................6
L03:..................................................................................................................................................6
3.1. Factors that affect the tourism demand.................................................................................6
3.2. How supply is changing at TUI for meetings demand effects..............................................6
Task 4...............................................................................................................................................8
L04:..................................................................................................................................................8
4.1. Main Negative and Positive environmental, economic and social impacts of Tourism with
TUI group business......................................................................................................................8
4.2. Strategies to minimise negative impact for maximizing positive impact on TUI Group
business........................................................................................................................................9
Conclusion.......................................................................................................................................9
References......................................................................................................................................11
Travel and Tourism Management: A Comprehensive Analysis of TUI Group's Business_2

3TRAVEL AND TOURISM MANAGEMENT
Introduction
Travel and Tourism sector is regarded as the fastest rising service industry, as its share has been
increasing heavily over the years. For each nation, Travel and Tourism has become the revenue
source generation and exchange of foreign earnings. Besides, it also increases its market share
and holds a considerable position for generating employment because of their integrated nature.
This assessment is about TUI group that is known as the leading tourism business with a huge
brand portfolio of its tour operator airlines, leading online portals, and other incoming agencies.
The Company also has around 67,000 employees, and a turnover of 17.2 billion Euros. However,
the study will also make analysis of the factors that affects tourism demand, along with the
positive and negative effects on Social, Economic and Environmental factors of Tourism on TUI
group.
Task 1
L01:
1.1. Key historical expansions in Tourism and Travel sector
Tourism industry has been considered as a biggest economic driver at present while the growth
rate has remained higher in contrast to retail, communication and manufacturing industries. It is
anticipated that the industry will support around 266 million jobs in 2013 that is higher when it is
compared to other sectors (Bianchi, 2010). Despite of the economic clues in the last three years,
around 1 billion tourist has crossed border for purpose of tourism. However, major expansion has
attributed the tourism industry through creation of the foreign exchange funds, which has became
a key source for the international and national employment. Below is the Leaflet made on the
topic.
Time Period Development
3000BC and 1500BC Travel mode business in Egypt, and Travel mode was a kind of pleasure and
religion
Travel and Tourism Management: A Comprehensive Analysis of TUI Group's Business_3

4TRAVEL AND TOURISM MANAGEMENT
18th Century Cultural and Historical tourism known as Grand Tour
Middle Ages Holy day regarded as Holiday came to existence done by European
1990s The Development of airlines like American and Delta
20th Century Online Tour operations and Mass International tourism
In the Ancient time, the rich people of Rome spent time in summer by going out for tours in various
Coastal areas. During Medieval age, it saw that the tour to Pilgrimage came to existence. This also
had made business of tourism among certain travellers. In order, people having medium income
and the rich background started in taking huge interests for travelling to certain places and
countries. Besides, this trend has also led to rise in hotels and accommodations for place to eat and
even sleep. During 18th Century, culture and health played a decisive role in the growth line of
tourism packages. People that had effective income were also arranging tourism and travel
packages. During 19th Century, the industry also saw gain in popularity among wider audience.
This is where the increasing income level people in society were raising their desires in spending. In
the same time, this saw that commercial aircrafts also came to existence (Bianchi and Stephenson,
2013). However, the growth saw in Charters and Railway was increasing tourist numbers. While in
20th Century, the developments in hotels, transport, and resorts were attracting certain travellers in
famous destinations.
1.2. Structure of Tourism and travel sector
On identifying the structure, Travel and Tourism sector shows three sectors that are Public,
Private and Voluntary. Below figure asserts the divisions where this sector is divided into key
segments. Below figure asserts that Travel Planning includes tour agencies and operators that are
approached presently. As tourism industry is operated by tour operators, it also helps to facilitate
Travel and Tourism Management: A Comprehensive Analysis of TUI Group's Business_4

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