Industry Structure Analysis: Travel and Tourism Sector Report (2024)

This report provides an analysis of the travel and tourism sector's structure, highlighting key components and influential factors. It explores the complexities of the industry, focusing on elements such as transportation, attractions, and the crucial role of travel agents and tour operators. The report emphasizes the importance of customer service, technological advancements, and environmental considerations. It examines the strategies employed by organizations like TUI Group and the impact of various transportation modes. The report also discusses the human elements involved, including employees in hotels and drivers, along with the impact of policies and technology. The document highlights the significance of providing better services and facilities to meet the evolving demands of modern travelers. It discusses various factors that influence the industry, the role of travel agents, and the future scope of this industry.

Travel and Tourism Sector
Structure of the travel and tourism sector.
Structure of this sector is the little bit complicated in
various countries. It is that sector which does not
depend on one location or region, state or sector. They
are totally depending on travel arrangement which are
exist in other nations. Attraction is one of the major
element within the tourism industry, it can be made or
prepared. There are various factors which exist in this
industry that are not very possible. Along with this,
transportation is important part in entire procedure due
to this transport, travellers can move from one region
to another, in current time period, customers are ready
to pay more attention in more amount which provide
better services and facilities. This was a time where
there are one or two transportation mode which are
available but in the recent era buyers can move towards
one to another with the help of airline, cars, trains, etc.
TUI group has includes 150 aircraft, 14 cruise liners.
Travel agents and tour operator are determined as
medium between customers as well as organisation like
TUI. They are purchasing various types of packages
and several brochure and after that sell them at higher
price for getting large amount of profitability.
Such program and sessions can be sold which directly
affect to the customers and also take assistance with
agents. Human elements has provided equal
significance if this is compared from attractions. Along
with this, employees in hotels, drivers in transportation,
etc. are present which is not possible. There are certain
factors such as environment, strategies, policies and
technology, etc. that are considered as most important
part of travel and tourism sector. For the development
in the market, organisation is plan to expand their
business due to this, organisation is try to expand their
business as they are make positive environment bout
future scope of this industry.