Professional Documents
Culture Documents
A report submitted in partial fulfillment of the requirements for the Award of Degree of
Under Supervision of
MS.B. SNEHA, H.R
PAYED HOLIDAYS
CHENNAI
CERTIFICATE
This is to certify that the “Internship report” submitted by A.P. ABISHEK (Regd. No.: 2020271002)
is work done by him and submitted during 2022 – 2023 academic year, in partial fulfillment of the
requirements for the award of the degree of MANAGEMENT BUSINESS ADMINISTRATION in
COLLEGE OF ENGINEERING, GUINDY, ANNA UNIVERSITY.
First I would like to thank Ms.B.Sneha, HR of Payed holidays, Chennai for giving
me the opportunity to do an internship within the organization.
I also would like all the people that worked along with me in Payed holidays, Chennai
with their patience and openness, they created an enjoyable working environment.
It is indeed with a great sense of pleasure and immense sense of gratitude that I
acknowledge the help of these individuals.
A.P.ABISHEK
(202020271002)
ABSTRACT
Tourism is travel for pleasure or business; also the theory and practice of touring, the business of
attracting, accommodating, and entertaining tourists, and the business of
operating tours. The World Tourism Organization defines tourism more generally, in terms which
go "beyond the common perception of tourism as being limited to holiday activity only", as
people "traveling to and staying in places outside their usual environment for not more than one
consecutive year for leisure and not less than 24 hours, business and other purposes". Tourism
can be domestic (within the traveller's own country) or international, and international tourism
has both incoming and outgoing implications on a country's balance of payments. International
tourist arrivals surpassed the milestone of 1 billion tourists globally for the first time in 2012,
emerging source markets such as China, Russia, and Brazil had significantly increased their
spending over the previous decade.
The League of Nations defined a foreign tourist as "someone traveling abroad for at least twenty-
four hours". Its successor, the United Nations, amended this definition in 1945, by including a
maximum stay of six months. In 1941, Hunsaker and Kraft defined tourism as "the sum of the
phenomena and relationships arising from the travel and stay of non-residents, insofar as they do
not lead to permanent residence and are not connected with any earning activity. In 1976, the
Tourism Society of England's definition was: "Tourism is the temporary, short-term movement of
people to destinations outside the places where they normally live and work and their activities
during the stay at each destination
In 1994, the United Nations identified three forms of tourism in its Recommendations on Tourism
Statistics:
• Domestic tourism, involving residents of the given country traveling only within this
country
• Inbound tourism, involving non-residents traveling in the given country
• Outbound tourism, involving residents traveling in another country
Other groupings derived from the above grouping:
1. Introduction
2. What is tourism & international tourism?
3. Why Tourism Industry?
4. What does Travel Operator do?
5. What Does Travel Companies do?
6. How Does a travel Company benefit with digital marketing?
7. Why the need to make use of digital marketing?
8. Travel industry Channels
9. What are the different sectors of Travel industry?
10. What are the key process involved in Travel industry?
11. How to Prepare a sample itinerary?
12. Tourism industry in India
13. Travel industry – Post covid situation
14. Future of travel industry
15. Conclusion
WEEKLY OVERVIEW OF INTERNSHIP ACTIVITIES
K
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09/08/2022 Tuesday Interacting with the customer for Query & noting
down the Requirements.
DATE DAY NAME OF THE TOPIC/MODULE COMPLETED
11/08/2022 Thursday Had went to meet the client & collect documents for
applying VISA.
3rd
EE
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K
W
W
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4
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t
PAYED HOLIDAYS
FROM THE HOUSE OF PAYED INTERNATIONAL PVT LTD
NO:74, V BLOCK, 5TH AVENUE, ANNANAGAR, CH-40
PH- +91 8976810651, WWW.PAYED.IN
WHAT IS TOURISM & INTERNATIONAL TOURISM?
The terms tourism and travel are sometimes used interchangeably. In this context, travel has a
similar definition to tourism but implies a more purposeful journey. The
terms tourism and tourist are sometimes used pejoratively, to imply a shallow interest in the
cultures or locations visited. By contrast, traveler is often used as a sign of distinction. The
sociology of tourism has studied the cultural values underpinning these distinctions and their
implications for class relations.
Tourism, the act and process of spending time away from home in pursuit of recreation,
relaxation, and pleasure, while making use of the commercial provision of services. As such,
tourism is a product of modern social arrangements, beginning in western Europe in the 17th
century, although it has antecedents in Classical antiquity.Tourism is distinguished from
exploration in that tourists follow a “beaten path,” benefit from established systems of
provision, and, as befits pleasure-seekers, are generally insulated from difficulty, danger, and
embarrassment.
International tourism is tourism that crosses national borders. Globalisation has made tourism a
popular global leisure activity. The World Tourism Organization defines tourists as people
"traveling to and staying in places outside their usual environment for not more than one
consecutive year for leisure, business and other purposes". The World Health Organization (WHO)
estimates that up to 500,000 people are in flight at any one time.
In 2010, international tourism reached US$919B, growing 6.5% over 2009, corresponding to an
increase in real terms of 4.7%. In 2010, there were over 940 million international tourist arrivals
worldwide. By 2016 that number had risen to 1,235 million, producing 1,220 billion USD in
destination spending. The COVID-19 crisis had significant negative effects on international
tourism significantly slowing the overall increasing trends. International tourism has
significant impacts on the environment, exacerbated in part by the problems created by air
travel but also by other issues, including wealthy tourists bringing lifestyles that stress local
infrastructure, water and trash systems among others.
WHY TOURSIM INDUSTRY?
Tourism is vital for the success of many economies around the world. There are several benefits
of tourism on host destinations. Tourism boosts the revenue of the economy, creates thousands
of jobs, develops the infrastructures of a country, and plants a sense of cultural exchange
between foreigners and citizens.
The number of jobs created by tourism in many different areas is significant. These jobs are not
only a part of the tourism sector but may also include the agricultural sector, communication
sector, health sector, and the educational sector. Many tourists travel to experience the hosting
destination’s culture, different traditions, and gastronomy. This is very profitable to local
restaurants, shopping centres, and stores. Melbourne, Australia’s population is greatly affected
by tourism. It has a population of around 4 million people and around 22,000 citizens are
employed by the tourism sector only.
Governments that rely on tourism for a big percentage of their revenue invest a lot in
the infrastructure of the country. They want more and more tourists to visit their country which
means that safe and advanced facilities are necessary. This leads to new roads and highways,
developed parks, improved public spaces, new airports, and possibly better schools and
hospitals. Safe and innovative infrastructures allow for a smooth flow of goods and services.
Moreover, local people experience an opportunity for economic and educational growth.
Tourism creates a cultural exchange between tourists and local citizens. Exhibitions,
conferences, and events usually attract foreigners. Organizing authorities usually gain profits
from registration fees, gift sales, exhibition spaces, and sales of media copyright. Furthermore,
foreign tourists bring diversity and cultural enrichment to the hosting country.
Tourism is a great opportunity for foreigners to learn about a new culture, but it also creates
many opportunities for local citizens. It allows young entrepreneurs to establish new products
and services that would not be sustainable on the local population of residents alone. Moreover,
residents experience the benefits that come with tourism occurring in their own country.
WHAT DOES TRAVEL OPERATOR DO?
Travel operator is a business that typically combines and organizes accommodations, meals,
sightseeing and transportation components, in order to create a package tour. They advertise
and produce brochures to promote their products, holidays and itineraries. Tour operators can
sell directly to the public or sell through travel agents or a combination of both.
The most common example of a travel operator's product would be a flight on a charter airline,
plus a transfer from the airport to a hotel and the services of a local representative, all for one
price. Each tour operator may specialise in certain destinations, e.g. Italy, activities and
experiences, e.g. skiing, or a combinate.
➢ Deciding how many holidays to sell each season and the resorts/countries to use
➢ Marketing holidays to clients via travel agents, websites, brochures and television
advertising
➢ Handling bookings, invoicing and issuing of tickets
➢ Working with travel consultants from different travel agencies to put holiday packages
together
➢ Combining travel, accommodation and services such as sightseeing arrangements to create
holiday packages.
Travel operators are basically categorized into four types. These are categories on the basis of
their nature of the business and its operations.
➢ Inbound Travel Operators
➢ Outbound Travel Operators
➢ Domestic Travel Operators
➢ Ground Travel Operators
WHAT DOES TRAVEL COMPANIES DO?
➢ Marketing and Publicity Package tours Destinations, attractions and other Services
➢ Reservation of Tickets Airlines, Railways, Buses Passenger ships, Events
➢ Upgrading skills
➢ New product development
➢ Travel Insurance
➢ Personal Baggage
➢ Travel break-up
Marketing and publicity of tourism products in general and tour packages and other services in
specific is one of the major functions of travel agencies and tour operators. They involve in
promoting and marketing all types of travel services such as tour packages, hotel services, air
services, car rental services, travel insurance etc.
They use both print and electronic-media for marketing and publicity of their products. It is
important to note that they play a vital role in marketing and publicity of destinations,
attractions and other components of destinations. While playing hard in marketing their
products, they also play the role of ambassadors of destination image and brand building.
Marketing and publicity can bring rather unknown destinations on the tourist map. Now-a-days
popular tourist spots are getting overcrowded. So, people are moving to unexplored areas. This
trend can provide employment opportunities to the people in rural and remote areas. Travel
agencies and tour operators should be truthful in marketing and publicity.
This is something that could easily be answered just by looking at the person beside you on the
bus, by looking up in the middle of the streets, or by simply looking around you. If you do, you
will see the person beside you holding a gadget, as you look up you see LED billboards and as
you look around, you see people getting more engaged with the digital world each and every
day. Real results from various statistics have shown that a majority of businesses in the Travel
and Tourism industry are doing much better than those that don't. A recent report showed that
there are currently 3.2 Billion smartphone users all over the world, which is around 50% of the
world population. Just imagine getting the attention of these people and letting them see your
travel deals. Isn’t this a great number to kick-start everything?
Here are several reasons why the Travel and Tourism Industry should make use of Digital
Marketing.
Unlike the early days, when there were no tangible or quick ways to share information
worldwide. With the advent of social media, sharing information around the world has become
much easier. Travel and tourism information can now be accessed by everyone using various
social media tools. Planning a trip has become simpler, but informed decisions have also been
made thanks to it. Many tour companies also benefit from that because they can better
understand their customers.
➢ Increasing Customer Engagement
Engaging with customers has never been easier. You can get in touch with them no matter where
they are in the world. You can learn about what your customers expect even before they utilize
your services, you can engage with them during the service duration and after the service as
well. Happy and well taken care of customers will later become returning customers and will tell
others about you.
Resellers:
Resellers are organizations that sell travel and tourism products directly to the consumer. These
can include in-person and online travel agents, visitor centers, or B2C tour operators such as
Intrepid Travel and Contiki Tours.
Customers:
Customers are – you guessed it – the guests who ultimately buy the travel product. These could
range from business to leisure travelers, and from domestic to international.
The way consumers find and book their travel experiences is in constant flux. In fact, these days
it’s entirely possible that consumers might connect with travel distribution services at any tier of
the chain of distribution. This is one of the reasons it’s so important to maintain a
diverse distribution strategy for your tourism business.
Wholesalers or B2B:
B2B in the travel industry plays a vital role, from local B2B to online travel portals. The
explanatory meaning of B2B is Business to Business. And B2B in the travel and tourism sector
works the same as any other industry. Such as we have in the eCommerce industry, from
wholesaler to a retainer, the connection and relation name is B2B which explains the power of
relation very beautifully in terms of business.
The travel and tourism industry has too many models to work and profit from. B2B is one little
part of such a huge multi-trillion-dollar industry worldwide. Starting a travel services business is
not compulsory to invest much money for certifications as per law. One can start selling travel
services by having a B2B account.
What Are the Sectors and Components Within the Travel and Tourism Industry?
There are different levels of service within the sector. Quick-service establishments, which offer
snack food, have fewer employees in comparison to larger full-service restaurants because they
rely on self-service. Restaurants themselves hire differently depending on their style – fast-food
and takeaway restaurants tend to hire cheaper, lower-skilled people, whereas fine-dining
establishments need to secure more experienced staff.
There are also the food and beverage companies that come to you! Catering businesses offer
food and beverage services for any special occasion – from weddings and conferences to buffet
and al a carte. More standalone businesses tend to be found in this part of the sector, as opposed
to the big brand chains seen in fixed locations.
Tour Operator:
Tour operator controls, books and devises the whole trip. They create a package holiday by
combining all elements such as hotel, airport transfers, activities, restaurants, tours and such
like. A tour may not include all of these elements, the list is purely an example.
The Difference between a tour operator and a travel agent is that a tour operator makes the
package and can sell direct to consumer. A travel agent sells the packages created to the
consumer. In essence, the different roles do what they say on the label, A tour operator –
operates the tour, manages the entire Event of the trip planned
Visitor Attractions:
Destination management is a coordinated process, where almost all aspects of a destination are
managed, including marketing efforts, local resources, accommodation, activities, events,
environmental concerns, tourist attractions and transportation. It is usually the responsibility of
a destination management company (DMC).
They adopt a holistic approach to managing tourism for their destination and may offer
additional services, like training. Destination management companies tend to be membership-
based and their members and stakeholders may include governments, community leaders, local
businesses, charities and others involved with travel and tourism.
Tourism can be extremely beneficial for an area or destination, bringing more money into the
local economy, helping to attract investment from businesses and allowing existing businesses in
the area to thrive. It can help to enrich and revitalise villages, towns, cities, resorts, regions and
countries.
With that being said, tourism can potentially bring downsides too, such as damage to landscapes,
extra pollution, more use of resources and traffic congestion. Tourism management is, therefore,
essential, weighing up pros and cons, looking out for businesses and local residents, protecting
the environment and balancing supply and demand.
Accommodation:
Accommodation is a group of rooms, or building which someone may live or stay and is important
to any tourists who want to travel to another destination or on a trip as you are always going to
need a place to stay such as hotels, caravan parks, camp sites et.
Accommodation is split into two parts, serviced and non serviced which are different from each
other. They are all in the private sector which means that they want to make a profit and grow
their businesses.
Accommodation is the largest and arguably the most important sub-sector of the tourism
industry. It is large and highly diverse. Together with the transport industry, accommodation
industry caters for international tourists, regional tourists and national tourists as well as locally
based tourists. In a way, it meets the needs of virtually all tourism market groups. The rapid
change within this sector of tourism does not only bring fierce competition, but it also brings
about new products and new services standards. It is the new product, with new service
standards that becomes the focal point of this article. Challenges posed by technological
development within the accommodation sector of the industry will still be addressed from
different perspective.
WHAT ARE THE KEY PROCESS INVOLVED IN TRAVEL INDUSTRY?
Here, it’s important to note that while booking and getting an e-ticket may seem like a single,
fluid process on your favourite booking site, they’re actually two distinct steps with different
processes involved:
✓ Booking:
For a flight to be booked, two key events need to occur:
1. A PNR is created – a Passenger Name Record (PNR) is a digital file containing passenger
information, contact details and itinerary information. When you book a flight, a PNR is
created and logged in the airline’s Computer Reservation System (CRS), creating an
official record of your booking on the airline’s system.
2. Payment is made – to guarantee your seat on the plane, airlines need proof of
payment. When you pay for your ticket, the form of payment is added to the
PNR and the price information is attached in file called as a Transitional Stored Ticket
(TST). These two files together contain the information what will later appear in your final
flight ticket.
At this point, your flight has been successfully booked and paid for. However, you still don’t have
the right to board the plane. For that to happen, you need to receive a ticket.
✓ Ticketing:
After booking, your PNR (with its TST attached) is sent to a ticketing server which automatically
checks the information and issues the e-ticket. The booking is now ticketed, and the seat is
officially yours!
In most cases, ticketing happens immediately after booking though this isn’t always the case.
PNRs can also be queued for ticketing with a pre-defined date and time for the ticket to be
issued. In certain situations, like waitlisted bookings, open-return flights or overbooking, the
booking and ticket process works a bit differently, but that is for another article!
• E-ticketing – for those few LCCs that are members of IATA/ARC (or have agreements with
member airlines), you can book and ticket them in the exact same way you would a
traditional IATA/ARC member airline.
• Light ticketing – Light ticketing is similar to e-ticketing, but instead of the agent sending
payment through the BSP/ARC, the airline bills the traveler's credit card directly and
issues a confirmation number. The GDS then creates an “artificial” ticket for the agent’s
records.
• Ticketless – The simplest of the three options, ticketless is a streamlined version of light
ticketing with no “artificial” ticket needed. The agent sends credit card information, and
the airline confirms the flight and issues a confirmation directly to the traveler.
➢ Visa Process & types:
A visa (from the Latin Charta visa, meaning "paper that has been seen") is a conditional
authorization granted by a polity to a foreigner that allows them to enter, remain within, or
leave its territory. Visas typically include limits on the duration of the foreigner's stay, areas
within the country they may enter, the dates they may enter, the number of permitted visits, or
if the individual has the ability to work in the country in question. Visas are associated with the
request for permission to enter a territory and thus are, in most countries, distinct from actual
formal permission for an alien to enter and remain in the country. In each instance, a visa is
subject to entry permission by an immigration official at the time of actual entry and can be
revoked at any time. Visa evidence most commonly takes the form of a sticker endorsed in the
applicant's passport or other travel document but may also exist electronically. Some countries
no longer issue physical visa evidence, instead recording details only in immigration databases.
Historically, immigration officials were empowered to permit or reject entry of visitors on arrival
at the frontiers. If permitted entry, the official would issue a visa, when required, which would
be a stamp in a passport. Today, travellers wishing to enter another country must often apply in
advance for what is also called a visa, sometimes in person at a consular office, by post, or over
the Internet. The modern visa may be a sticker or a stamp in the passport, an electronic record
of the authorization, or a separate document which the applicant can print before entering and
produce on entry to the visited polity. Some countries do not require visitors to apply for a visa
in advance for short visits.
Visa applications in advance of arrival give countries a chance to consider the applicant's
circumstances, such as financial security, reason for travel, and details of previous visits to the
country. Visitors may also be required to undergo and pass security or health checks upon arrival
at the port of entry.
✓ Types Of Visas:
➢ Tourist
➢ Immigration
➢ Work
➢ Student
✓ Most Popular Tourist Visas
➢ US Tourist Visa
➢ UK Tourist Visa
➢ Passport pictures.
➢ Proof of accommodation.
➢ Invitation letter.
➢ Establish a budget
➢ Choose a destination
➢ Decide on the length of your trip
➢ Find affordable flights
➢ Decide on your mode of transportation
➢ Outline your trip
➢ Find your accommodations
➢ Organize your itinerary
➢ Create total Budget & costing
Dubai, originally a small fishing settlement that became a busy port of call on the ancient trade
routebetween Mesopotamia and the Indus Valley, the emirate was rapidly transformed into an
international business centre and modern tourist destination following the discovery of oil in
1966. Today Dubai ranks as the country's foremost commercial centre, a city whose skyline is
constantly being upgraded with new developments. Dubai provides the infrastructure and
facilities needed for a progressive society, including world-class hotels, shopping plazas and
outstanding sports facilities. Dubai Creek divides the city centre into two parts: Deira on the
northern side and Bur Dubai to the south and eachhave its fair share of souks, restaurants,
hotels, shopping malls and fine mosques.
Language : Arabic is the official language of the Emirates, but English is widely spoken.
DAYWISE ITINERARY
DAY 1-: ARRIVE AT DUBAI - TRANSFER TO HOTEL – EVENING MARINA DHOW CRUISE
✓ Assemble at Airport
✓ Complete the check in and immigration Formalities.
✓ Arrive Dubai & Complete the check in and immigration Formalities.
✓ Meet & Greet by our local guide and Transfer to Hotel for Check-in.
✓ Evening Transfer to Marina Dhow Cruise with Dinner
✓ Transfer Back to Hotel
✓ Overnight stay at Dubai
DAY 2 –: HALF DAY CITY TOUR + BURJ KHALIFA 124TH FLOOR + DUBAI AQUARIUM
✓ Enjoy an exciting dune bash and BBQ dinner under the stars on this 5-hour desert experience from
Dubai. Travel into the rolling red dunes and feel the thrill as you slide up and down the steep
slopes. Stop for photos of the desert sunset and then head for a mouth-watering BBQ dinner as you
watch colourful belly dancers and ‘Tanura’ folk performances by whirling dervish-style dancers.
✓ Highlights
✓ 5-hour 4x4 dune bashing and desert camp experience from Dubai Take photos of the desert as the
sun sinks below the dunes
✓ Visit a lamp-lit Bedouin-style desert camp for a BBQ dinner under the stars Watch exotic belly
dancing and whirling dervish Tanura dances after dinner
✓ Breakfast
✓ Full Day Aqua Venture + Lost Chambers at Atlantis the Palm Hotel
✓ Dinner at Hotel
✓ Overnight at Hotel Atlantis the Palm.
✓ Aqua venture Waterpark, World’s Largest Waterpark promises a world of excitement to
make you feel Different In Water in more ways than one. Get your pulse racing with 79 record-
breakingslides and attraction, make your way through the Raging Rapids, and relax on 1km
of private beach. ZIP LINE RIDE NOT INCLUDED – TO PAY DIRECTLY IF REQUIRED
✓ Breakfast At hotel
✓ Proceed to Abu Dhabi
✓ Visit Abu Dhabi Mosque
✓ Lunch on your own
✓ Visit Ferrari world
✓ Transfer back to Dubai
✓ Overnight stay at hotel
The core business of travel companies, especially wholesalers and tour operators, is derived from
selling tour packages. For any tour package to be designed, a well thought planned itinerary is
most essential. Itinerary is central to any tour package around which all the other features are
incorporated. A lot of planning, additions, deletions go into the process before final itinerary and
the route along which a tour should be organised. The next stage is to design and package a tour
around this itinerary which is developed into a final product for sale to prospective clients.
Travel industry offers listless tour packages from tailormade, customised to specialised. Hence,
itinerary planning and tour packaging are considered to be central to the business of travel
companies.
An itinerary is a plan of a journey showing the route and the places that the visitor will visit.
Thus, it is a schedule or timetable produced in association with a package tour. It is basically
designed to identify the route, day-by-day journey format, origin, destination, and all the
enroute halting points, period of halts along with accommodation, mode of travel, activities and
other services offered during a visitor’s tour. An itinerary is not just a piece of information but a
selling point aimed at convincing potential customers. Itineraries are also produced for
travellers’ booking flights; it then includes departure time, airport, terminal details, flight
number, baggage limits, transits, seat allocation and minimum check-in time, which doesn’t
really include any marketing element. But package tour itineraries play a key role in attracting
clients. The quality of a tour package is determined by the suitability, nature and
comprehensiveness of a tour itinerary. It is generally printed in tour brochures but only after the
clearance from the expert team as it includes logical inclusion and sequential arrangement of a
variety of features.
A package tour itinerary may be divided into five types with the primary objective of reminding
the duties and responsibilities of different stakeholders involved in organising a package to such
as tour managers, vendors, coach drivers, interpreter, escorts and guides. Thus, the five types of
itinerary can be tourist’s itinerary, tour manager’s itinerary, escort or guide’s itinerary, vendor’s
itinerary and coach driver’s itinerary. Another classification of itinerary may also be done
keeping in mind the needs of tourists and convenience of tour operators such as GIT itinerary,
FIT itinerary, Tailor-made itinerary and special interest itinerary. Let us now learn the nature of
these types in detail.
Market research:
Marketing research involves study of the economy of the country to be visited, foreign exchange
rate, demand for the product, consumer profile, competitors in the market, studying the product
components like sightseeing, transport, baggage allowance, ground service etc., sales status,
channels of distribution, and promotional measures
Prepare an itinerary:
After having signed contracts and designing of package systematic costing of the package will be
done, which includes cost to be incurred towards all elements of a package tour are summed up
and then package is given a mark-up price before a price tag is decided upon.ell planned
itinerary holds the key for success of a package tour. It needs to incorporate exciting places of
interest and enough scope for events and activities.
Identification:
Identify and decide on mode of travel, hotels, destinations, dates, capacity and others.
Contracts:
Sign contracts with principal service providers. Agreements with various service providers well in
advance is important. Contracts for timely delivery of services by hotels, transportation, entry
permits, ground handler etc. has to be signed.
Costing of the package:
After having signed contracts and designing of package systematic costing of the package will be
done, which includes cost to be incurred towards all elements of a package tour are summed up
and then package is given a mark-up price before a price tag is decided upon.
Tour Brochure:
Promotional material is another important aspect in the formulation process. Both print and
electronic media are widely used but brochures are an integral part of it which play a major
role. Hence designing and printing attractive brochures and other material is very essential for
marketing.
Marketing of the product:
In line with demand requirements of the markets right kind of marketing strategies are framed
and then the product is marketed through the above listed means of promotional material.
Documentation:
This last step in formulation process includes copy of the clients itinerary, tour vouchers, travel
and other entry tickets, luggage labels and other useful information for the clients.
In 2020 alone, the travel and tourism industry lost $4.5 trillion in GDP and 62 million jobs - the
road to recovery remains long.The World Economic Forum’s latest Travel & Tourism Development
Index gives expert insights on how the sector will recover and grow.
When asked four business leaders in the sector to reflect on the state of its recovery, lessons
learned from the pandemic, and the conditions that are critical for the future success of travel
and tourism businesses and destinations.
The global travel and tourism sector’s post-pandemic recovery is gaining pace as the world’s
pent-up desire for travel rekindles. The difference in international tourist arrivals in January
2021 and a similar period in January 2022 was as much as the growth in all of 2021. However,
with $4.5 trillion in GDP and 62 million jobs lost in 2020 alone, the road to recovery remains
long.A few factors will greatly determine how the sector performs. These include travel
restrictions, vaccination rates and health security, changing market dynamics and consumer
preferences, and the ability of businesses and destinations to adapt. At the same time, the
sector will need to prepare for future shocks.
The way we live and work has changed because of the pandemic and the way we travel has changed
as well”
Despite the challenges created by the COVID-19 pandemic, the future looks bright for travel and
tourism. Across the globe, people are already getting back on the road. Demand for travel is
incredibly resilient and as vaccination rates have risen and restrictions eased, travel has
rebounded quickly, often led by leisure.
The way many of us live and work has changed because of the pandemic and the way we travel
has changed as well. New categories of travel have emerged. The rise of “bleisure” travel is one
example – combining elements of business and leisure travel into a single trip. Newly flexible
work arrangements, including the opportunity for many knowledge workers to work remotely,
have created opportunities for extended travel, not limited by a Monday to Friday “9 to 5”
workweek in the office.
To capitalize on this renewed and growing demand for new travel experiences, industry must
join governments and policymakers to ensure that the right conditions are in place to welcome
travellers as they prepare to get back on the road again, particularly those who cross
international borders. Thus far, much of the recovery has been led by domestic and leisure
travel. The incremental recovery of business and international travel, however, will be
significant for the broader industry and the millions who make their livelihoods through travel
and tourism.
Looking ahead to future challenges to the sector, be they public health conditions, international
crises, or climate impacts, global coordination will be the essential component in tackling
difficult circumstances head-on. International agreement on common – or at least compatible –
standards and decision-making frameworks around global travel is key. Leveraging existing
organizations and processes to achieve consensus as challenges emerge will help reduce risk and
improve collaboration while keeping borders open.
Beyond the pandemic, travellers will also want to explore the world differently, see new places
and do new things. Our data reveals that the majority want to explore destinations in a more
immersive and experiential way, and to feel more connected to the history and culture. While
seeing the top of the Empire State building has been a typical excursion for tourists in New York
city, visitors will become more drawn to intimate activities like taking a cooking class in Brooklyn
with a family of pizza makers who go back generations. This will undoubtedly be a significant
area of growth in the travel and tourism industry.
Governments would be smart to plan as well, and to consider an international playbook that
helps prepare us for the next public health crisis, inclusive of universal vaccine passports and
policies that get us through borders faster.Understanding these key trends - the ongoing need to
feel safe and the growing desire to travel differently - and planning for the next crisis will be
essential for governments, destinations, and tourism businesses to succeed in the efforts to keep
the world travelling.
CONCLUSION
The main key takeaway from this internship which I had done at Payed Holidays, has given me a
new vision & opportunity to learn about the tourism industry & its market in Global economy. It
has helped to understand about different countries & its varied Regulations relating to travel
restrictions & policies. It has given me lot of learning opportunity to get to know about the entire
operations behind a Travel Company & how to interact with a customer ,get requirements from
them to interact with Global operators of different countries. The entire period of internship was
a very memorable & knowledgeable experience for Me.
Payed Holidays has been successfully organising groups across Different countries with all top &
trusted operators across the Globe. They have confirmed Groups to Dubai, Thailand, Singapore,
Malaysia, Goa, Cairo, Japan For the remainder of 2022. They have been very organised in the
way of working & everything is being done in an ethical way. The staffs was very supportive &
highly Knowledgeable with vast experience in this Industry.
They have very high Profile clients Like POTHYS, LIONS CLUB OF CHENNAI, ROTARY CLUB OF
CHENNAI, TIMEX WATCHES, CASAGRAND , TOWERS CLUB OF ANNANAGAR,
ZUARI CEMENTS, SKYBAGS , VIP BAGS ETC.
I am extremely feeling grateful that I had got the opportunity to be able to interact with such
advanced professionals in the industry & being able to learn from them was a very great
experience.
I sincerely thank my department of management studies to have given me this time to do this
internship at the very right period of time.