Travel Agency & Tour Operators
Travel and Tourism is a vast sector and fastest growing industry in the world. Travel and Tourism sector is a composite mix of various activities such as hotel booking, airline ticketing, tour guide services etc. Travel and Tourism plays an important role in the economy of the world. Travel and Tourism sector give 10% jobs opportunity. Every one person out of ten is involved in the travel and tourism sector.
Travel agencies and Tour operators play an important role in the tourism sector. Travel agencies play an important role as a middleman in this sector. The travel agency is a firm which has full knowledge of travel-related services. Travel agency provides travel services to customers at discounted prices.
Tour Operators are also services providers in the travel and tourism sector. Tour operators purchase the different travel products individually and pack them into a tour package and add their profit margin into the final price of the tour package. Tour operators provide all travel related services under one roof.
Travel and Tourism sector is a commission based business. Travel agencies and tour operators profits depend upon the commission margin on the travel products. Travel and Tourism sector contributes an important role in the economy of the world. Countries like Thailand, Indonesia, Dubai, and Singapore economy depends upon the tourism and travel sector.
There are huge opportunities in the travel and tourism sector. Travel and tourism industry is also called the industries of the industries because it is linked to various industries such as the hotel industry, airlines, insurance companies, and another various supply chain.