Analysis of Current Trends and Developments in Tour Operations

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Added on  2020/10/22

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This report analyzes current trends and developments in the tour operations industry, focusing on the impact of technology, environmental awareness, and economic factors like inflation on companies such as LCB Tours. It explores how the rise of prosumers, increased environmental consciousness, and fluctuating inflation rates influence tour operator strategies. The report also examines the different types of tour operators, including inbound, domestic, outbound, and specialist operators, highlighting their roles and services. Furthermore, it provides an overview of tour operations management, emphasizing the evolving nature of the tourism business and the diverse roles tour operators play as agents, image builders, and promoters. The report is based on the Higher National Diploma (HND) in Hospitality curriculum, specifically Unit 40: Tour Operations Management.
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Current/Recent trends and developments
Advancement in technology: Tourism industry have transformed completely,
because of technology advancement and this is due to the rise of prosumers. As
customers actively participate in holiday packages through internet connection.
Taking into consideration the knowledge of prosumers Lcb tour operator offer
various types of discount and tour packages to the customer through websites so as
to attract more number of customers to visit and take their services.
Increased environmental awareness and Responsible tourism: In modern era
customers mainly prefer on those tour operators who render healthy services and
are responsible tourism. (Duffek33 2017) So, Lcb tour operators takes into
consideration environment awareness and increased level of responsible tourism
and accordingly render services to the tourist so that they can increase the level of
profitability ratio. It is very essential for tour operators to perform such operations
and services that do not harm environment.
Rise and fall of inflation: Increased and decreased level of inflation rate highly
affect the Lcb tour operators, as if the inflation rate is high people will spend less
on tour operator because their income level goes down. Similarly, if the inflation
rate is low, income level rises so in this case people will spend more on tour
operator so as to take services of tour packages.
Tour operator is the company which render holiday packages and
accommodation to the tourist. The role of tour operator of LCB industry have
also become diverse as they work as agents, image builder of destination and as a
promoter because of which tourism business is evolving and changing as time
passes. There are different types of tour operator which are explained below:
Types of Tour Operators
Inbound Tour Operators: This type of operators refers to those involving non-
resident travelling in another nation. Companies who render local assistance to
the tourist who arrive at their country are known as receptive or inbound tour
operators. They are specifically used where language issues are part of the mix
and are most commonly used on international trips.
Domestic Tour Operators: This type of tour operator render services to the
tourist within the country. Tour offered within the country can be Mississippi
river, national parks tours, boat cruises, Hawaii tours and many more, option are
endless.
UK Outbound Tour Operators: This type of tour operator take resident from
one country so as to travel in other country. They render services of
accommodation and tour package to the people of their country who travel to
other nation.
Specialist Tour Operators: This type of tour operator caters services only for
niche market holidays, they specifically render services only in specialized
particular destination. In addition to this they also render depth knowledge about
the location for which they rendering tour packages and services.
Tour operations management
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