Management of Tour Operators and Travel Agencies (in English)
- Credits: 5
- Ending: Examination
- Range: 2P + 2C
- Semester: winter
- Year: 1
- Faculty of Commerce
Teachers
Included in study programs
Teaching results
Knowledge
By completing the subject, students gain knowledge about the essence and importance of the position of tour operators/travel agencies in organized tourism. They will become familiar with the specifics of creating a package holidays, its calculation and sales. By completing the course, students will gain knowledge about the specifics of the management of a tour operator / travel agency in an international environment.
Competencies
By successfully completing the subject, the student will acquire competencies that will enable him to apply as a manager of a tour operator/travel agency. The graduate will be able to independently and responsibly analyze and solve problems of a strategic and operational nature, organize work procedures for the preparation, financial and technical provision of tours. He can communicate effectively with business partners and with his own staff.
Skills
The graduate of the course will be able to plan the business strategy of a tour operator/travel agency. He will learn to prepare and process documents for economic planning. He will master the algorithm of trip preparation, negotiation of contractual conditions with business partners for the provision of accommodation, transport and related services. He will acquire the skills of calculating prices and creating an offer for a previously unknown customer.
Indicative content
The subject focuses on the management of the operation of travel agencies and agencies, including their relations with suppliers and customers. Students will become familiar with the creation of standard residential tours, the process of contracting services, the calculation of tours and sales strategies. Emphasis is equally placed on destination management, crisis management and economic aspects, such as cash-flow and its specifics in individual time periods. The subject is also devoted to the cooperation of travel agencies and travel agencies and the use of individual reservation systems for the purpose of distribution and sale of tours.
Support literature
Basic literature:
1. BRYANT, T. The Business of Travel Agency and Tour Operations. New York: Murphy & Moore Publishing, 2022, 243 p, ISBN 9781639875238
Support literature:
2. FRASCH, A. Economic Impacts of Boeing Aircraft Groundings on Selected Subjects in Avation Industry in EDAMBA 2019: International Scientific Conference for Doctoral Students and Post-Doctoral Scholars, 2020, 101-111 p.
3. INKSON, C. - MINNAERT, L. Tourism management: an introduction. London: Sage, 2022, 480 p. ISBN: 9781529758467
4. HOLLOWAY, J. C.- HUMPHREYS, C. The Business of Tourism. United Kingdom: SAGE Publications, 2022, 648 p. ISBN 9781529794410
5. KENNEL, J. et al. Crisis Management, Destination Recovery and Sustainability: Tourism at a Crossroads. United Kingdom: Taylor & Francis, 2022, 250 p. ISBN 9781000820416
Syllabus
1. Tour operators and travel agencies - characteristics, functions. Tour operators and its suppliers on the domestic and foreign markets. Relationship between outgoing and incoming tr tour operators. Distribution channels of the tour operators in relation to the customer. Organizational structure of a travel agency. 2. The most important tour operators on the Slovak market. Product portfolio of the tour operator. Tour as a product, typology of tours. Statistics of organized tourism in the conditions of the Slovak market. 3. Business opportunities for tour operators and travel agencies. Revenues, costs, the result of the management of travel agencies. Cash-flow of tour operators in specifications for individual months of the year. Risks affecting cash-flow, preventive measures, elimination tools. 4. Algorithm for creating a standard package holidays in time intervals. The tour as a package of basic and additional services. Creation of a residential tour product - the idea of introducing a new product to the market, personal examination of the destination, criteria for selecting suitable accommodation facilities, the importance of a foreign partner in the destination. 5. Creation of a package holidays product - contracting of air transport and accommodation services (guarantee, allotment, on request, ad-hoc), average room occupancy rate, specific contracting situations, finalization of the product being prepared, staffing of the tour operators at the destination, marketing. 6. Contracts and their content requirements when contracting the services of service suppliers in relation to travel agencies on the domestic as well as foreign market. Price negotiation in relation to the volume of contracted capacities. Payment terms. 7. Calculation of residential tours with an emphasis on determining the selling price of the package holidays. Cost items included in the calculation. Stages of tour sales with emphasis on first minute and last minute sales and their specifics. Factors affecting the determination of the amount of discounts. Special discounts in relation to selected client segments. 8. Destination management under the conditions of a tour operators. Functions, tasks, activities of the destination manager in individual stages (from product preparation to its actual implementation). Invoicing in relation to hotels, foreign partners. 9. Contracts between tour operators and their business partners. Pre-contractual information, general terms and conditions and important information. Possibilities of increasing the package holidays price on the part of the tour operators, withdrawal from the contract on the part of the tour operators as well as the client. 10. Cooperation of tour operators and travel agencies with the aim of selling tours. The contract concluded between the tour operator and the travel agency, mutual rights and obligations. Specifics of payment conditions for travel agencies. Tour operators reservation systems. 11. Reservation systems used by travel agencies and their functionalities. Searching, filtering tours according to specified criteria. Non-binding reservation and tour order. Personal data of the tour participant. Instructions for the tour. Invoicing in relation to travel agencies. 12. Crisis management of a tour operator. The COVID-19 pandemic, geo-political threats, natural disasters and their impact on the smooth operation of a tour operator. Cooperation of individual actors – tour operator management, foreign partners, representatives at the destination, assistance from the state in order to stabilize the situation. 13. Slovak Association of Tour operators and Travel agencies. The importance and tasks of the association, clubs of the association. Cooperation with the media and other stakeholders.
Requirements to complete the course
40 % semester project
60 % written exam
Student workload
Work load: 130 hours
Attendance at lectures: 26 hours
Participation in seminars: 26 hours
Preparation for seminars, work on a semester project: 20 hours
Exam preparation: 58 hours
Language whose command is required to complete the course
English
Date of approval: 11.03.2025
Date of the latest change: 27.03.2025