Tour Operations Management Report: Stages, Contracts, and Hotels

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Added on  2023/02/03

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This report provides an overview of Tour Operations Management, focusing on the stages involved in developing a holiday package. It examines regulatory bodies within the hospitality industry, various types of inclusive tours, and the detailed stages and timescale required for holiday development, including market research, planning, contracting, costing, and execution. The report explores different contracting methods such as fixed contracts and allocation, and also provides information about hotel selection, specifically the Hilton hotel. Furthermore, it includes a calculation of the selling price for a holiday, considering direct and indirect expenses, and concludes by emphasizing the economic contribution of tourism. The report uses references to support the findings and analysis.
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TOUR OPERATIONS MANAGEMENT
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Introduction
Regulatory Bodies
Inclusive tools
Stages and timescale involved in developing holiday
Different methods of contracting
Information of hotel
Conclusion
References
Table of Content
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Present study will explain stages and timescale involved in developing
holiday package
It will describe various kinds of contract.
In addition, report will evaluate the different methods of contracting for
different components of holiday
Introduction
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There are many kinds of authorities that regulate the entire operations of
hospitality industry:
Association of British travel agent
Federation of Tour Operators
UK Civil Aviation Authority
Association of Independent Tour Operators
Regulatory bodies
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There are various kinds of tours that are used by travellers as per the needs
and requirements:
Days
Times
Destinations
Inclusive tours
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Lcb tour has to consider needs and requirements of consumers in order to
develop holiday . This can support in providing them amazing travelling
experiences. Stages and timescale in developing a holiday are described as
below:
Market research
Planning and scheduling
Contracting
Costing
Financial evaluation and pricing
Brochure creation
Advertising
Operation and execution
Post tour management
Stages and timescale involved in developing holiday
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Fixed contract
This is type of contract that is made between tour operator and other stakeholders such as
hotel owner, transportation supplier etc. IN order to form this contract Lcb tour operator has to
pay certain amount to these stakeholders because without having their services company will not
be able to provide amazing travel experience to travellers.
Allocation
It is another type of contract that is used by operators to block hotels and carrier seat in
advance. Allotment is being purchased by these operators throughout the season. Before carrier
departure
Ad-hoc
It is another type of contract that is made for specific circumstances. It can be an
improvised method in order to deal with certain problems.
Different methods of contracting
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As LCB is planning to provide facility to stay in Hilton hotel, It is leading
brand that operates its business across the world.
Recently it has more than 570 hotels globally. It provides luxurious
services and resort facility to guest.
It is located near to airport thus ,it is easy to reach to this place for
travellers.
Information of hotel
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Selling price is the actual rate of product on which company sells its products and
services in the market. In order to decide the selling price entity has to look upon
its expenditures and revenues and have to add marginal profit in to it. This helps in
deciding the actual pricing selling price (Fartash, Hadi and Xiao, 2016). LCB tour
firm incurs direct, indirect expenses. Calculation of selling prices is illustrated as
below:
Calculation of selling price for holiday
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From the above presentation it can be concluded that tourism contributes
well in raising economic condition of nation.
There are many tour operators those who offer amazing travel packages to
consumers through social networking sites. This helps them in making
direct communication and reaching to mass audience
Conclusion
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Coles, T., HC Poland, R. and Clifton, J., 2015. Ecotourism in an Educational
Context: Promoting Learning Opportunities Through Travel. Journal of
Biological Education. 49(2). pp.213-217.
Enoch, M., 2016. Sustainable transport, mobility management and travel
plans. Routledge.
REFERENCES
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