Preview

Intermediaries

Good Essays
Open Document
Open Document
1094 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Intermediaries
Intermediaries – companies or individual that act as brokers or middlemen between the tourists and the suppliers

Tour Operator - Organize package tour together & offer for sale to the public

Inclusive Tour – at least two elements are offer for sale at inclusive sale price and involve a stay of more than 24 hours in overnight accommodation

Nature of tour packages sold by the tourism industry divided into two types:
•Use of traditional charter flight
•Use of scheduled flight

The Business of Tour Operation
•Allow the different tourism sectors to sell their capacity in advance
•Negotiate contracts and deals especially in holidays
•Guaranteed level of sales
•Add mark ups on the product selling

Role of the “New” Consumer and Future Trend in Tour Operating
•“New” tourism is characterized by more experienced travelers
•“New” tourism offers the tourism industry many growth opportunities

Travel Agent
-act as intermediaries between the customer and the supplier
-Supply the public with travel services

Travel agents deals with a diverse range of task including:
•book accommodation, transport, tours and cruises for clients
•prepare itineraries
•issue tickets and collect payment
•do general administration duties
•organize and book conferences
•give advice on travel or holiday plans
•give information on accommodation, transport, and places of interest
•advise and help with visas, passports, insurance and other travel-related documents.

Travel Agents role in tourism:

Intangible - incapable of being perceive by the sense of touch, as incorporeal or immaterial things
Perishable – subject to decay, ruin, or destruction
Dynamic – pertaining to or characterized by energy or effective action
Heterogeneous – different in kind; unlike; incongruous
Inseparable - incapable of being separated, parted, or disjoined

Three important implications for the business of travel distribution:
1. Cost of setting up

You May Also Find These Documents Helpful

  • Good Essays

    Unit 14 P1 Tables

    • 2206 Words
    • 7 Pages

    The company specialises in providing adventure holidays including walking, biking, overland, snow and multi-activity as a packaged holidays which includes accommodation stay.…

    • 2206 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Meaning of Life

    • 684 Words
    • 3 Pages

    immaterial things, or objects, or substances; neither do they contain as parts immaterial selves or souls or entelechies. Their parts are material: flesh and bones and blood, molecules, atoms, electrons.…

    • 684 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    week 3 quiz

    • 444 Words
    • 2 Pages

    Many words relate to ________________ ideas or concepts that exist only in the mind and do not represent a tangible object.…

    • 444 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Inbound Tour operator- UK inbound tour operators can organise travel service for groups of inbound tourists. After the tourists have arrived by plane, these organisations can organise transfers, accommodations, tours,…

    • 444 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    organisations when developing and selling their holidays. There are ways in which tour operators work with…

    • 3900 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Renaissance Merchants

    • 1060 Words
    • 5 Pages

    Merchants are dealers of wares between countries. Merchants is a term that in Latin is “mercer”…

    • 1060 Words
    • 5 Pages
    Good Essays
  • Better Essays

    p2, stakeholders

    • 1019 Words
    • 5 Pages

    Suppliers: who want the business to keep buying their products and materials in order to run.…

    • 1019 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Class Essay

    • 2427 Words
    • 10 Pages

    Intermediation is the process of buying materials, products, and services directly from suppliers, distributors, or the government.…

    • 2427 Words
    • 10 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Factors of Production

    • 275 Words
    • 2 Pages

    If something is tangible, it is made of physical matter and can be seen and touched.…

    • 275 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    There are many different marketing intermediaries. Retailers trade with household customers. Retail is goods and services, such as clothes. Wholesales have a lot of products from many producers. Distribution and dealers are similar to wholesalers. They usually sell to the customer and not a retailer. Independent businesses are franchises that have a service in exchange for a license…

    • 742 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Marketing Mix: Bellevue Pub

    • 2316 Words
    • 10 Pages

    4. Product. The tangibility ( physical presence) or the intangibility (the service/experience, something not physically present)…

    • 2316 Words
    • 10 Pages
    Best Essays
  • Satisfactory Essays

    Assets and Liabilities

    • 571 Words
    • 3 Pages

    a. Property, Plant & Equipment – These are tangible items having physical existence and can be seen and felt.…

    • 571 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The dot-com crash was a stock market crash that popped to near-devastating effect in 2001. Many investors lost substantial sums of money, helping to trigger a mild economic recession in the early 2000s. Several factors combined to cause the dot-com crash, which is usually defined as the period of investment and speculation in Internet firms that occurred between 1995 and 2001. The year 1995 marked the beginning of a major jump in growth of Internet users, who were seen by companies as potential consumers. As a result, many Internet start-ups were born in the mid to late 1990s.The issues of the crash were also compounded by outside factors, like a rise in outsourcingthat led to widespread unemployment among computer developers and programmers. The market also took a major downturn in the wake of terrorist attacks in the United States in 2001, and companies that had engaged in shoddy or questionable bookkeeping were essentially caught with their pants down in a series of government investigations. The loss of consumer faith in the tech industry also depressed earnings for dot-coms.…

    • 284 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Last First Wrd02 SC2Parks

    • 428 Words
    • 2 Pages

    Tour options include: One Hour, Half Day, Full Day and Multiple Day land or Sea Tours…

    • 428 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Since the beginning of the travel industry, intermediaries have always played an important role for the development of tourism products and services. Indeed, intermediaries have the ability to organize and aggregate a large amount of data into one price. Moreover, they have a fundamental role for counseling and delivering a personalized service according to the specific need of customers (Kracht and Wang, 2009).…

    • 3164 Words
    • 9 Pages
    Best Essays