Contemporary Travel and Tourism Industry Analysis: Titan Travel Report

This report provides a comprehensive analysis of the contemporary travel and tourism industry, with a specific focus on Titan Travel. It begins by introducing the industry's significance in economic growth and customer satisfaction, highlighting key milestones such as enhancing services, developing products, leveraging advanced technology, and prioritizing customer satisfaction. The report then delves into the various components of the tourism sector, including accessibility, accommodation, and attractions, and explores their interrelationships. The report emphasizes the importance of these elements in shaping customer experiences. The report concludes by summarizing the key findings and emphasizing the importance of understanding market trends and customer behavior within the travel and tourism sector. The report is well-researched and supported by relevant academic references.

The Contemporary Travel
and Tourism Industry

INTRODUCTION
Travel and tourism sector is considered as one the ample industry which is providing
different product and services to customers. This industry is considered as major part of
hospitality sector and it is very helpful in providing employment as well as help in country
growth (Baka, 2016). Tourism sector consist of those organisation that is offering various types
of travelling product and services to customers. Company chosen for this report is Titan travel.
This company is a part of Saga Group and it has global collection of holidays which covers all
continents, planned itineraries which is ranging from rail journeys as well as river cruises. It
consist of small groups adventures and trips that is exclusively for solo travellers. This report
consist of key milestones which help in evolution of tourism and travel industry and different
elements has been identified which is related to tourism and travel sector. Different factors has
been determined that have impact over tourism behaviour and different models for motivating in
order to influence consumers are mention below. Apart from this emerging patterns as well as
trends has been identified and component that impact on the range of global destinations
popularity.
MAIN BODY
PART 1
P1.
Tourism and travel is one of the important part in overall improvement of economy. It
play crucial role in enhancing economic rate and well as full filling requirements of customers.
there are some key milestones which is very helpful in development of tourism and travel sector.
It is very essential for Titan travel company to reach to key milestones that will lead to overall
improvement of enterprise. These milestones will be very helpful in attracting customers as well
as achievement of desire goals and objectives (Baker, 2014). Key milestones which will help in
overall development of tourism and travel sector in mention below. It also consider there impact
on shaping of tourism and travel sector.
Enhancing services – It is very crucial for Titan travel company to enhance its services in order
to attract more and more customers. This is one of the major milestone set by respective
company which will help in improving its productive as well as performance. This company is
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dealing in highly competitive environment so it is essential for this organisation to improve its
services and modify it. This company to enhance its services as per need and requirement of
customers. Services provided by respective company will lead to attract more and more
customers towards business.
Developing products – This company to develop its product in order to enhance its overall
performance. Products of Titan travel company includes different types of packages offered by
company . It is very important for respective company to provide customized as well as
personalize products to customers. it will help in matching with the demand and requirement of
customers (Boniface, Cooper and Cooper, 2016). This company should introduce new and
innovate product in market which is not offered by any of the organisation which is dealing in
travel and tourism market sector.
Advance technology - There are various new and innovative technology emerging in the market
area. This play a critical part in set milestone for the development of travelling and tourist aspect.
It is very important for respective company to take advantage of updated and modified
technology in its business process. This will help Titan travel company to provide its products
and services in more effective and efficient manner. Technology play a important function in
overall growth and improvement of business in order to accomplish desired goals.
Satisfying customers requirement – It is very important for a company to satisfy needs and
requirement of customers. This should be the ultimate goals of Titan travel company to provide
product and services in such a manner that it will lead to satisfying customer requirements.
Respective company is using new and creative tools and techniques to attract more and more
customers towards business as well as full fill their requirements. This is essential in meeting
with the requirements of customers as well as developing strong relationship with them.
P2.
There are various components of tourism and travel sector and they show a important part in
enhancing the overall experience of customers. Various components of tourism and travel sector
includes hotels, transportation services, resorts, monuments, museums, natural attraction and
many other places that attract customers towards a country or a place (Dickinson and et.al.,
2014). All of these elements are part of travel and tourism sector and play a crucial part in
development of customers experience. This is very helpful in satisfying need and wants of
customers as all of these components of tourism and travel sector are interconnected with to each
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others. Different travel and tourism elements as well as their interrelationship is mention below
in detail.
Accessibility – This includes various services such as air, railways, road or sea services. all of
these services are considered as a part of transportation services. this is significant for movement
of a person from one place to another (Forno and Garibaldi, 2015). Transportation services are
interrelated with other elements of travel and tourism sector. A person or tourist needs to use
any transportation services in order to travel for one place to other.
Accommodation – Accommodation element of travel and tourism industry includes hotels,
motels, resorts and many more. It consist of all those places where a person can rest and relex
while travelling. There are many companies which are dealing in this sectors of tourism and
travel sector. It is really crucial to supply effective commodity or services to customers in order
to raise their overall experiences. Accommodation is related to transportation as well as
attraction element as it will help in providing better services to tourists.
Attraction – This majorly includes all those things and places that attract customers towards a
particular place or a country. This consist of monuments, zoo, beaches, museums, hill station,
rivers and many other natural attractions (Ghimire, 2013). This is interrelated with other
elements as a tourist is majorly attracted towards a place and they use transportation services to
reach that place. Accommodation services will provide a place to stay at new area.
PART 2
(Covered in PPT)
CONCLUSION
From the above report its can be concluded that travel and tourism is one of the most
important industry and companies dealing in this sector in providing different types of products
and services. It has set various millstones which will lead to development of business as well as
achieving of desired goals. tourism and travel sector consist of various elements which is very
helpful in satisfying needs and requirement of customers. There are different types of trends in
market which is affect travel and tourism business and it is essential for an organisation to
influence customers towards their business.
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