HND Tour Operations Management Report: LCB Tours Analysis, 2018

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Added on  2023/02/03

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This report focuses on tour operation management, specifically examining the operations of LCB Tours. It details the stages involved in developing holiday packages, including marketing research, planning, contracting, costing, and brochure creation. The report explores different types of contracts, like fixed contracts and ad-hoc agreements, and provides a calculation of the selling price for a holiday package. It also highlights the role of regulatory bodies, such as the Federation of Tour Operators (FTO), in ensuring health, safety, and hygiene within the tourism sector. The report concludes with a discussion on current trends in the tour operating sector and methods of distributing and selling holiday packages.
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Tour Operation Management
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CONTENT COVERED
Introduction
Stages Involved in developing holiday plan
Contract of different components
Regulatory Bodies
Conclusion
References
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TOUR OPERATORS
It refers to create a package holiday by combining tour and travel
components and they also promote their services with the help of a brochures.
In this context, it is essential for LCB tours to develop various efficient stages
which are helpful for creating a package holiday.
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STAGES AND TIMESCALES INVOLVED IN
DEVELOPING HOLIDAYS
Marketing Research
Planning and Scheduling
Contracting
Costing the holiday
Financial evaluation and planning
Creating brochure
Advertising
Operation and Execution
Post tour management
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CONTRACTING FOR DIFFERENT
COMPONENTS
Types of Contracts
(a) Fixed Contracts
(b) Allocation
(c) Ad-hoc
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CALCULATE THE SELLING PRICE OF A
HOLIDAY
Details Price(in £)
Accommodation cost 9000
Transportation cost 11200
Charges of tour guide 945
Total cost 21145
Add: Profit margin @ 33% 6977.8
Sale price 28122.5
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REGULATORY BODIES
The Federation of Tour operators (FTO) is established with an aim to bring
change and improvisation in areas which affects overseas tourism.
It ensures health safety and hygiene in all aspects of tourism .i.e. across
the journey, transportation, accommodation, departure point etc.
It co-ordinates operational activities of UK outbound travel industry.
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CONCLUSION
A tour operation management refers to manage and organise all travel related
activities effectively and efficiently. This report elaborates effect of current and
recent trends on development of tour operating sector and various stages which are
essential for developing a holiday package. In this context, the chosen organisation
LCB tours provide tourism related activities to their potential customers at a global
level. This report also discussed various methods of contracting, strategies to
evaluate proper pricing for holiday package and different methods of distribution
to sell a holiday package.
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THANK YOU
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