Tour Company Business Report

Tour Company Business Report

Introduction

This study proposes the report for the manager helping him in making the feasibility and profitability of the Tours Company. The idea to from Tour Company is offering the services for arrangements of stay for people who intend to visit different areas in London. The company arranges flight tickets, accommodation, transportation and other such services for the visitors of London (Carlsen, 2005, pp. 21-29).

Discussion

The subject for the study will help in determining or forecasting the benefits a tourism company can obtain of the mega event likely to occur because of London Olympics 2012, by analyzing the present situation of the hospitality industry. Tourism industry of United Kingdom contributes a large share in the GDP of the country. United Kingdom is currently the house of nearly 40000 hospitality business and according to BHA (2010) the country's tourism industry is boosted because of its dynamic hospitality industry. The industry is expected to grow rapidly as United Kingdom will host the 2012 Olympics event. The company will offer various tours package to the people most notable among them are:

London Visit;

Historical Sites Visit;

Know the UK.

Tours Company's organizational culture will be based on the idea of self-motivation in the individuals through the empowerment. Tours Company believes that employees will work harder if they feel free from the hectic of manager's assigned task. Tours Company considers their employees to hold the responsibility of doing work as their primary goal to achieve (McCabe, 2001, pp 89-97).

Analysis of Current Position

London Dreams Travel Agency's organizational culture will be based on the idea of self-motivation in the individuals through the empowerment. London Dreams Travel Agency believes that employees will work harder if they feel free from the hectic of manager's assigned task. London Dreams Travel Agency considers their employees to hold the responsibility of doing work as their primary goal to achieve (McCabe, 2001, pp 89-97).

The distinctive formulation of structure of London Dreams Travel Agency allowed it to innovate, grow and react more quickly according to the turbulent changes occurring globally. London Dreams Travel Agency's organizational culture will mainly focus upon (Harris, 2007, pp 111-120).

Management Pyramid is inverted.

Greater liberty and freedom to accomplish the task at hand.

Constant learning, knowledge creation and knowledge sharing.

A more enjoyable and humane work environment.

A hyper-productive cooperative work mode.

Emergent planning, architecture and requirements.

New values that generate a cooperative culture.

The quality of life general environment (Downey, 2001, pp 120-127).

With set annual sales target of raising $10 million, on an average day, the tourism industry caters over 2.6 million guests in 3 million available rooms (and growing) in over 44,000 properties around the world (Raybould, 2002, pp. 231-241). The industry is growing at an annual rate of approximately 3%, the industry divided into four tiers, consisting of budget/economy, mid-scale, first-class and luxury. Though there are number of travel agencies around the UK, the major players in the industry are the 10-12 companies that also operate hotels, often with brands that spread across the four ...