StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

How technology has influenced the Thomson Travel Agency - Essay Example

Cite this document
Summary
The company is based in the United Kingdom. It was founded in 1965 and was the property of the Thompson Corporation of Canada until it was taken over in the London Stock Exchange…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.5% of users find it useful
How technology has influenced the Thomson Travel Agency
Read Text Preview

Extract of sample "How technology has influenced the Thomson Travel Agency"

How Technology Has Influenced the Thomson Travel Agency Thomson travel Agency is a tour operation company that mostly deals with package holiday services. The company is based in the United Kingdom. It was founded in 1965 and was the property of the Thompson Corporation of Canada until it was taken over in the London Stock Exchange in 1998.Later, due to the competitive face of the travel industry, they had to revolutionize their company in 1972 by taking on an even bigger chain of travel agents owned by Lunn Poly.

This move gave them an edge in business since they were now able to take on more consumers by using the web and be able to hold a great advantage in the stock market. From this, it is quite obvious that travel agents play a vital role in this business. When armed with technological knowledge, they form a force to reckon with. Surveys conducted by various people outline the importance of the latter in influencing consumer’s decisions on the destinations to take.From the time a person decides to make any trip, they are usually faced with the decisions of which airline to take, the particular place to visit if on holiday, convenience and efficiency of the whole process.

Due to the boom of technological advancements, potential passengers or tourists can by the click of a button, peruse the options availed to them. However, this information can be mind boggling to an extent that it can became more of a headache than a resourceful tool. Thus, travel agents can make recommendations to their clients and help them in choosing the particular travel package that would best suit them depending on their needs (Howard 1963). It is like they completely allow these people to take over all their travel arrangements so that, all that is required of them are to show up.

Tour operators are thus faced with the key role of advertising their products. Marketing becomes an important tool so as to stay in business, of which, travel agents are made to go out of their way to infuse better marketing strategies (Birner & Booms1982). Computer technology provided a way to effectively manage all the extensive information concerning general travel. For example, with introduction of the Computer reservations systems (CRS) in 1953, that was later converted to the Semi Automated Business Research Environment (Sabre).

This was a combination of CRS and global distribution system (GDS) that provided a wide load of travel information and reservations. “Directional selling” which involved the sale of package holidays using a complex chain of travel agents, is a practice that has become common in Britain that has led to a new way of wowing consumers that was enhanced by the advancement of ICT. People are poached from one agency to another leading to severe competition. This competition was termed good for business since some argue that it does not affect customer base but smaller agents are frustrated by it (Monopolies & Mergers1998).

It can, therefore, be said that technology has changed the way business was done in Thompson Travel Agency since they have grown with the times. It is however, a work in progress since computer advancements continue to be a tool in the working with the passing of time. So far, the changes that have been brought can be said to have made the travel process much easier, convenient, efficient and more accessible to all and sundry. The main task is to stay relevant.BibliographyZHOU, Z. 2003. E-commerce & information technology in hospitality & tourism.

New York, Thomson Learning.WITT, S. F., & MOUTINHO, L. 1994. Tourism marketing and management handbook. New York, Prentice Hall.HARRIS, L. & DUCKWORTH, K. 2005. The future of the independent travelagent: the need for strategic choice. Brunel University. UK.Henderson, & Debra ,C. 2007. Influence of New Technologies on Tourist Decision Making: The Young Consumers Perspective. Masters Thesis, School of Tourism, University of Queensland.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“How technology has influenced the Thomson Travel Agency Essay”, n.d.)
How technology has influenced the Thomson Travel Agency Essay. Retrieved from https://studentshare.org/management/1591016-how-technology-has-influenced-the-thomson-travel-agency
(How Technology Has Influenced the Thomson Travel Agency Essay)
How Technology Has Influenced the Thomson Travel Agency Essay. https://studentshare.org/management/1591016-how-technology-has-influenced-the-thomson-travel-agency.
“How Technology Has Influenced the Thomson Travel Agency Essay”, n.d. https://studentshare.org/management/1591016-how-technology-has-influenced-the-thomson-travel-agency.
  • Cited: 0 times

CHECK THESE SAMPLES OF How technology has influenced the Thomson Travel Agency

European Tour Operation Managing Strategy

Economic factors such as interest rates also influenced the operations of players like TUI.... TUI also got itself different brands all over Europe and world at large to present different images in different environment, which they successfully did through travel agents as well as having there different brands of Tour operator selling not only fully packaged tours but also individual travels components.... This is also observed when online travel Agencies are noted to have been moving quicker than the traditional Tour Operators who were seen to be going down the hill....
5 Pages (1250 words) Essay

Background of the Hotel Industry in Macau

The reason for this purpose was that majority of customers consulted travel agents for accommodation.... The study concluded the role and importance of travel agents for the consumers regarding their journey.... Consumers preferred travel agents because travel agents have reputation and the consumers had the belief that they are trustable.... ABSTRACT In this dynamic world, internet has been playing an important role in the consumer decision process....
33 Pages (8250 words) Dissertation

How Does Automation Make Money

MOST is a technology that employs a high-speed multimedia network that facilitates common devices like PDA, DVD, radio, and many others for the purpose of getting used by them at the lowest cost.... The underlying nature of the network is completely ignored in this technology.... The paper "how Does Automation Make Money?...
6 Pages (1500 words) Essay

Travel marketing

When it comes to the provision of low-cost airline service on the European aviation industry then, Ryanair is undoubtedly among the most reputed players on that market taking cognizance of the fact that the company has played a dominant role on the market within an impressive… In the last couple of years however the visible decline in consumer patronage of the services of the airline have given management reason to conduct an exhaustive analysis of the most immediate and remote factors This is exactly one of the objectives that informs this current report....
16 Pages (4000 words) Essay

The Relative Benefits and Limitations of Fiber Optic Infrastructure Versus DSL Infrastructure

The technology of fiber optics is based the light waves those travel through the glass tube that works as the transmission medium for the communication and transmission (Schneider.... In this scenario this DSL (Digital Subscriber Line) is based on copper wire or other transmission technology framework.... Digital Subscriber Line technology uses electronic waves for the communication and data transfer.... However the fiber optics technology is based on the cylindrical glass tube with stressed characteristic being the intensity of light in the tube....
12 Pages (3000 words) Essay

Compensation Systems

Headquartered in Rosemead, California, Edison International is the mother corporation of Southern… And as from its official website, the corporate has over 16,000 staff United Nations agency need. The management of Edison International has determined to adopt the balanced compensating record book when reviewing the resentation that was bestowed to them by me on the employment of the compensation system and the way it may advance the overall productivity of the corporate Compensation is the full of all rewards provided to the workers reciprocally for his or her services....
6 Pages (1500 words) Essay

Internet Usages Affect People's Tourism Booking And Decision-making

It offers more information and costs lesser than a travel agency.... It will be focusing on the reasons as to why people use the internet for planning travel and making reservations.... This report stresses that most people prefer internet travel planning and booking due to its efficiency.... This paper makes a conclusion that internet travel planning and booking also has its disadvantages.... Unlike a travel agent who can know what the client can and cannot put up with, the internet is not able to know....
7 Pages (1750 words) Essay

Achieving and Maintaining Leadership in the European Tourism Industry

According to the World travel and Tourism Council, the tourism industry is expected to grow at a level of 4.... Touristik Union International (TUI) is a leading travel group of Europe.... It has been catering to three sectors including TUI travel, TUI Hotels & Resorts, and the cruise ship business.... It is considered one of the most profitable travel groups.... Today, TUI is the leading travel group in Europe and it is enjoying good financial position and popularity in World Tourism industry....
14 Pages (3500 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us