Tour Operations Management: Trends, Developments, and Analysis

This report examines the tour operations industry, highlighting the roles of outbound operators, their products, and services within the travel and tourism sector. The report explores the creation of holiday packages, including pricing strategies and the impact of both domestic and international market dynamics. It delves into the significance of horizontal and vertical integration within the industry, as well as the influence of external factors. The report emphasizes the continuous changes in the industry driven by evolving customer preferences and market positions, providing a comprehensive analysis of the tour operations landscape. The report also discusses the role of a tour operator, its impact on the industry and the future of the sector.

TOUR OPERATION MANAGEMENT
Current and recent trends effect development on tour operator’s industry
INTRODUCTION
Tour operators are combines with tour and travel
components in order to create holiday packages. As
they are responsible to produce advertisement for the
purpose of aware people about goods and services
which are provided by company in international market.
They are responsible to making arrangements in this
sector. They have to calculate selling price on the basis
of fixed and variable cost of company.
Outbound operators are considered as wholesalers
who are able to make arrangements in travel industry.
As they are specialised in promoting as well as
designing multinational tours in domestic and foreign
countries as well. They are able to sells holiday
packages to individual and group of people in the
country where they live and other countries. They
responsible to complete task with in stipulated time
period. They have to arrange hotel for accommodation
for their services users.
Tour operators in domestic- Large number of player are
present in domestic market who are able to promote growth and
development of this market. They are focuses on the international
market in order to expand business and increase number of
customers as well. Set reasonable selling price for attractive
holiday packages. They operate within a boundary of home
country and try promote services as well. Horizontal integration
is the situation when two or more travel and tourism sectors are
merge together. Those organizations are agreeing to share their
profit who having same objectives or aim to run travel industries.
On the other hand, in vertical integration single organization is
able to expand its goods and services in various other countries
and try to attract number of consumers as well.
Thomas cook is the
multinational brand in travel
and tourism sector it provide
best quality of services. Staff
members of this firm are able
to expand business
international market. Various
external factors having impact
on the services of this industry.
Horizontal and vertical
integration are having impact
on the existence of company.
CONCLUSION
Current and recent include continuous changes in this sector
according to the taste, nature and preferences of customers. These
changes are occurring on the basis of changing in environment in
different destinations, due to changing market position of travel and
tourism sector etc.