major components of the travel business

8/12/2019 Major Components of the Travel Business

1/20

a. Identify the major components of the travel businessb. Investment Requirementsc. Organization structures of Tour operatorsd. Show comparison org. Charts for travel & tour operatorse. Roles of responsibilities of Tour Operators


2/20

COMPONENT OF A TOUR BUSINESS


3/20

FIVE (5) MAJOR COMPONENTS OF THE TRAVEL BUSINESS

Transportation Companies

Hotels/Resorts

Car rental companies

Tour Operators

Sightseeing companies


4/20

Transportation Companies A company providingtransportation company - an institution created to conductbusiness.


5/20

Hotels/Resorts - Is an establishment thatprovides lodging paid on a short-term basis and is a placeused for relaxation or recreation, attracting visitorsfor vacations and or tourism.


6/20

Car rental companies A car rental, hire car or carhire agency is a company that rents automobiles for shortperiods of time (generally ranging from a few hours to afew weeks) for a fee


7/20

Tour Operators Typically combines tour and travelcomponents to create a holiday. They prepare itinerary.


8/20

Sightseeing companies - provides past time of visitingsights of interest


9/20



10/20

INVESTMENT REQUIREMENTS

STARTING CAPITAL

SUITABLE LOCATION

FRANCHISE LISCENSE AND REQUIREMENTS

a. Sole Proprietorshipb. Partnership

c. Corporation


11/20

S INGLE P ROPRIETORSHIP - IT IS OWNED BY A SINGLE OR SOLE INDIVIDUAL

A. Bureau of Domestic Trade Registration

Trade name RegistrationBank Certificate for the companys capitalization Tax identification number of the owner

B. Local Government Unit

DTIs Certificate of Business Name RegistrationCopy of the Lease Contract Agreement of the premisesBank certificate of the companys paid -up capitalFinancial projections for the next three (3) yearsBio-data of the General Manager

List of the companys employees with respective bio -dataDuly accomplished application formProof of payment of application feeGeneral Liability insurance policySurety bond from an accredited insurance companyBarangay clearance


12/20

PARTNERSHIP - IT IS OWNED BY AT LEAST TWO (2) INDIVIDUALS

A. Securities and Exchange Commissions Articles of PartnershipBank Certificate of capital fund paid-up

B. Department of Trade and Industry registration Articles of PartnershipBank Certificate of capital fund paid-up

C. Local Government UnitDTIs Certificate of Business Name Registration Copy of the Lease Contract Agreement of the premisesBank certificate of the companys paid -up capitalFinancial projections for the next three (3) years

Bio-data of the General ManagerList of the companys employees with respective bio -dataDuly accomplished application formProof of payment of application feeGeneral Liability insurance policySurety bond from an accredited insurance companyBarangay clearance


13/20

CORPORATION - IT REQUIRES A MINIMUM OF FIVE (5) INVESTORS

A. Securities and Exchange Commissions

Articles of IncorporationBy-lawsBank Certificate of capital fund paid-upIncorporators Bio-data

B. Department of Trade and Industry registration Articles of IncorporationBy-lawsBank Certificate of capital fund paid-up

Incorporators Bio -data


14/20



15/20


16/20

POSITION

Quotations Officer Services all quotation requests andreconfirms these when all acceptancesare received.

Prepares support documents like itinerarysheets, maps and brochures.

Reservations Officer Processes all reservations requestspromptly and efficiently.

Looks for alternative supplier when theneed arises.

Messenger Efficiently and reliably provide deliveryservices for the department.

Tour Coordinator (AirportRepresentative)

Assists and facilitates the arrival anddeparture transfers

Ensures the hotel and restaurantarrangement are properly coordinatedand delivered.

Courier Efficiently provides support services forall field activities.


17/20



18/20

S HOW COMPARISON OF ORGANIZATIONAL CHARTS FOR TRAVEL AND TOUR OPERATORS

Travel Agents Tour Operators


19/20



20/20

ROLES AND RESPONSIBILITIES OF TOUR OPERATOR

Planning a tour Arranging a tour

Advice on sightseeing

Travel managementEvaluate the options availablePromotionSales and marketing

Taking care of a glitch

major components of the travel business

Documents