This report, prepared for a Higher National Diploma (HND) in Hospitality Management unit on Tour Operations Management, explores the core aspects of the tour operator industry. It begins with an introduction and covers regulatory bodies such as the Association of British Travel Agents (ABTA) and the UK Civil Aviation Authority (CAA). The report delves into the details of an all-inclusive tour, providing a breakdown of costs including accommodation, transportation, and tour guide charges, along with a profit margin calculation to determine the selling price. The report also outlines the stages and timescales involved in developing holidays, methods of contracting, and calculations for the selling price of a holiday, with a conclusion summarizing the key findings. References are also included.