This report provides an overview of tour operation management, focusing on the creation and management of holiday packages. It begins with an introduction to the importance of tour operators in the travel and tourism industry, followed by a discussion of the various stages involved in developing a holiday package, including market research, planning, costing, and execution. The report also details the components of a holiday tour, such as fixed contracts and allocations, and provides a calculation of the selling price, including accommodation, transportation, and profit margins. Furthermore, it highlights the role of regulatory bodies like ABTA. The report concludes by emphasizing the significance of effective tour operation management in ensuring customer satisfaction and successful holiday experiences. The provided solution is a report prepared by a student as part of their HND in Hospitality, submitted to Desklib for study and reference.