The Industry of Travel & Tourism

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Introduction of Expedia

Rich Barton and Lloyd Frind is known as founder of Expedia Incorporation, this company deals with online travel reservation. It has separated its business operations over 90 nations but it originally belongs to US. And Expedia is the only company which providing the services of online hotel booking rooms across the worlds. Expedia Company is offering hundreds of different airlines and more than 130,000 hotels, destination services, car rental companies’ and tour operators. Due to the advancement in technology people has a easy access on computer and internet which enable the people to book their hotel by way of internet. Which eventually lead to growth of internet and travel agencies and other booking agencies such as lastminute.com, icelolly, booking.com and travelzee (Expedia Inc, n.d.).

The network of High Speed Train in EU

Metro train is considered as a fastest way of transportation in the Europe as well in the world. In the period of 1980s and 1990 high speed rail lines was built at the first time in history. After the development of high speed train in Europe other different nation decided to build the high speed train. This train is used for general public for travelling but key difference between high speed train and normal train is it is too much speed than the traditional train in some country it is known as bullet train. In relation to travel and tourism industry high speed train is very helpful because people can travel from one place to another place at reasonable fare along with it reduced the travel time comparatively to the traditionally train.

Thomson Holidays merger

Due to the advancement in technology; now a day people are more rational in relation to save their time and expense. They trust to book their train reservation ticket or their hotel room by internet rather than to go in the office of travel agents and wait for several hours. After the merger of Thomson holidays there are some of travel agent exists in the market and providing their service as compare to 10 years ago before this merger (Europan commission, 2010).

Super planes:

The first flight of A380 stated its operation in 2005, and its first commercial service started with alliance of Singapore airline in 2007. Airlines industry was greatly affected after the commencement of A380 airbus super planes this plane have the capacity to hold almost 853 passengers at one time. . On the other hand, it will probably pull in agents going on whole deal flights and needing to rest (Weebly, n.d.).

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Explanation of the role and activities of the main businesses involved in tourism

Travel and tourism sector has been separated into different aspects and the major ones are following:

- Transport Providers

- Hospitality Industry (Accommodation and Caterings)

- Travel Trade (Tour operators and travel agents)

- Visitors Attractions

Transport Providers:

The provider of transport services play a major role travel and tourism industry as it forms almost 25% expense of tourists. Normally two form of travelling is utilized so as to approach the trip destination but the UK population expects high value services which include all form of travelling information and services.

Travelling through air can comprises scheduled timing for flights which significantly important for businessman’s as they have to attend different meetings. Along with this there is also charter flights, in which plane is hired for some particular journey without any timetable or schedule flight. Most of the great businessman has their charter plane for business travels. In addition to this majority of them use their own planes for celebrating holidays.

The network of railway of UK broadly modernized alongside various exclusive organizations competing among themselves, for example, GNER, Eurostar, Virgin etc. More than 12 million go to around 1200 destinations through Euro lines and National Express. Consistently about 5 million visitors and travelers take an excursion with Eurostar utilizing railway network and channel tunnel. This is the reason due to which there has been decrease in train traveling however a couple of organizations are paying their direction. Mentor travel has reliably been a key and celebrated kind of transport enabling the overall public to go obliging almost no exertion including oversees.

Hospitality Industry (Accommodation and Caterings)

Accommodation is recognized as the fastest growing and developing segments in the tourism business. More than 173,000 individuals were employed in hospitality industry in UK during 1997. During 1997, there was also a significant growth in accommodation services. Following are the main reasons for this growth:

- Amplification in demand just because of enlargement in ski resorts during summer

- Increased interest in UK as a destination

- There is expansion in the interest of celebrating vacations and also there is growth of large chain

The advantages of growth are harvested by those searching for professions in this segment. New occupations are being made, opportunities for positions and professions in diverse areas, development along one's vocation way is quickened, and sorts of foundations are expanding

Travel Trade:

The sector of travel trade underpins the sales and bookings in alternate segments as employees in this reserve a spot for visits, drink and/or for attractions transportation, lodging and nourishment. Bookings might be as a comprehensive visit bundle or a solitary occupying for a solitary visitor.

Wholesale tour operators create tours packages to offer to travel agencies. Regularly these visits are complete (that is, they incorporate all travel, convenience, suppers, and amusement) and are showcased to urge particular markets to purchase, e.g. convention-related, employee incentive travel, bird watching tours, sports and theatre. Tour operators might be affiliated with an airline or connected with travel-related business and motor coach line. Tour operators react to change in the business by growing new and one of kind items that have a competitive edge in variety,