This unit is based on overview of travel & tourism industry, its development, role played by private and public sector and hoe external factor influence the industry.
- Examine the development of travel industry since 1980
- Explain different sector of travel & tourism industry
- Examine role played by profit & non-profit sector
- Explain the trend & factor that affect consumer destination
- Provide legislation and how they are affecting industry.
Travel tourism sector plays an important role in overall development and growth where particular country earns huge amount of profits and helpful in achieving better GDP rate of country (Aldebert , Dang and Longhi ,2011). Further, Hospitality industry has gained wide range of importance in present scenario in order to handling public who travel from one place to another whether it is for entertainment and for any other special business objective. Apart from it tourism industry is far different from other business sector who provide various innovative services to customers in order to give them utmost satisfaction because of which hospitality has always interlinked with tourism sector. Under this assignment the company preferred i.e. Thomas Cook who work in both tourism and hospitality sector and explain about transportation, product and other sector and then pestle analysis of travel industries.
1.1 Explain the development of the industry since 1980 e.g. transport, product & destination development.
In year 1981: -
Cox &Kings is considered as first travel agency who was founded in year 1982 in which Richard cox become the first travel agent of British royal armed forces. This will give further help in the further development and improvement in travel i