This report, prepared for LCB Tours, delves into the core aspects of tour operation management, covering the evolution of the industry and the role of regulatory bodies like ABTA and CAA. It outlines the details of an all-inclusive tour, including activities, locations, and timelines. The report further breaks down the critical stages and timescale involved in creating a holiday package, from market research to post-tour management. Different contracting methods, such as fixed, allocation, and ad-hoc contracts, are discussed with reference to their suitability. The report provides a detailed price breakdown, including accommodation, transportation, and profit margins, culminating in a final selling price calculation. The conclusion emphasizes the importance of a well-planned approach for developing successful holiday packages for both domestic and business purposes, supported by relevant references.