Nobody downloaded yet

Sports Tour Business - Research Paper Example

Comments (0) Cite this document
Summary
The Sports Tour operating business (skiing and snowboarding combined) in the U.K. is a mature niche within the overall travel industry with a modest yearly growth rate, which is a sub-segment of the U.K. package holiday market. The company would be recommended to launch skiing as a new product…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.3% of users find it useful
Sports Tour Business
Read TextPreview

Extract of sample "Sports Tour Business"

Download file to see previous pages The skiing business is highly seasonal in nature. The actual ski season lasts from mid-December through to April if it is short. It lasts from the weekend before Christmas day to the end of March. In terms of pricing various factors are put into consideration such as: -
This is the period between September and January. January is the back to school period, which ushers the start of the peak ski holiday booking period. September is the start of operator's main marketing programs.
This is between February and April. Many operators discount to fill the later shoulder season dates of March and into April. Easter falling in April helps to extend the ski season, while Easter falling in March tends to shorten the ski season although Easter dates in March will tend to sell better because of the perception of better show in March than in April.
This is the period between May and August. It sees a trickle of bookings with operators offering special deals and bookings in centers to get as many early bookings as possible. This period will also be used to focus on the supply side of business as well as finalizing marketing campaigns. However, this is not an ideal situation in terms of operations and finance and to supplement revenues in the otherwise quieter summer season.
(d) Late Booking Phenomenon
This is booking made three weeks or less in advance of the departure date. The internet has been the driver of this through the advent of a multitude of late booking sites, as well as snow report sites that publish real time snapshots of ski slopes through web cams and up to the minute reports on snow conditions. In determining the revenue to be generated from skiing, the following assumptions are made: -
There is always an increment of 5% in the price of ski package holiday over the next three years. The current price being 677.
The growth in the number of ski package holidays in the next three years (other factors held constant) is 3%. The current number being 3,500.
Source: industry analysis
Therefore:
2007 2008 2009
Price 677 711 746
Growth 5%
Number of Packages 3,400 3,502 3,607
Growth 3%
Revenue 2,301,800 2,489,922 2,690,867

Cash Flow
Payment delay is typically 30 days to suppliers (airlines and accommodation agencies). Ski tour operators take a booking deposit of approximately 35 - 150 per person. The remainder is payable in full prior to departure/commencement of the holiday which is ideally10 weeks before departure but in practice holiday balance can be chased up until the ticketing period, which generally three to four weeks before the departure date. Late bookers can also be subject to cover the administrative expenses of getting tickets to the airport for collection by the customer the day of departure
Management and cash implications
The figures show a growth in price and demand of 5% and 3% respectively. To maintain this price and demand growth, management has to undertake certain issues such as: -
Provide online bookings - This will smoothen booking exercises for customers who are busy
Low cost airlines serving ski ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Sports Tour Business Research Paper Example | Topics and Well Written Essays - 3250 words”, n.d.)
Sports Tour Business Research Paper Example | Topics and Well Written Essays - 3250 words. Retrieved from https://studentshare.org/miscellaneous/1527945-sports-tour-business
(Sports Tour Business Research Paper Example | Topics and Well Written Essays - 3250 Words)
Sports Tour Business Research Paper Example | Topics and Well Written Essays - 3250 Words. https://studentshare.org/miscellaneous/1527945-sports-tour-business.
“Sports Tour Business Research Paper Example | Topics and Well Written Essays - 3250 Words”, n.d. https://studentshare.org/miscellaneous/1527945-sports-tour-business.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Sports Tour Business

Business Plan- Sports Center

...? Business plan- Sport center Business Plan-Sports Center Introduction The idea here is to open a sport center that offers various courses. It will have training facilities for skating, football, various dances, gym, self defense, yoga, and swimming. As a special attraction, it will have a restaurant that offers healthy food options, a sport equipment shop, and a diet center. In addition, the center will hold various competitions and events on a regular basis. Some other important facilities will be pilates, cycling, and diabetes and obesity control. SWOT Analysis of the business Strengths The first advantage of the...
3 Pages(750 words)Essay

Plain Tour

...Plain Tour Florida Bebidas is an agriculture and ice making company based in Costa Rica. The company was founded in 1908 by four brothers from Jamaica. The uniqueness of this company is its orientation to the market: products are distributed to consumers mainly through systems of markets. Economic problems are solved largely through markets and marketing effort, with consumers free to make appropriate decisions of their own choosing. Therefore, perhaps it is best depicted as profit-oriented -- an economy in which customers and consumers are the focus of economic effort and in which marketing is the driving power. Florida Bebidas acknowledges the consumer's freedom of choice, emphasizes its powerful position in its...
2 Pages(500 words)Essay

Interactive Virtual Tour Technology

...and services, which makes travelers feel comfortable in making a booking. Real Estate business use VT to give prospective buyers the change of touring houses on offer at their own leisure using the internet, reducing the time and expense of taking customers for location visits. Businesses use IVT to exhibit their products, such as automobiles giving the customer the option of changing the color, wheels or any other accessory in a virtual world to get an impression of how it will look in real life. Individuals develop VT's of their travels and conquests and host them on the relevant Websites so that others can share their experiences. Currently there are thousands of such VT's on the...
19 Pages(4750 words)Assignment

Virtual Tour Technology

...Virtual Tour Technology Introduction Numerous developments in virtual technologies show up in modern world creating for people more and more comforts and possibilities. Different kinds of visions that we may see with the help of virtual tour technology, have elevated the status of virtual environment to the level of pop iconography, and some of those associated with the technology have arguably risen to star status. While this work provided many suggestions, the importance of improved computer generation of multimodal images and advancements in hardware technologies that support interface devices were stressed, as was improvement in the general comfort associated with donning these devices. As the following sections will discuss... , the...
22 Pages(4500 words)Essay

Virtual Tour

...Virtual Tour The basilica of St. Peter in Rome is constructed between a cobble-stoned and horse-shoe shaped pizzazz. It has been designed by famous architects ranging from Bernini to Michelangelo. It began its construction in 1506 under the papacy of Julius II. It is in itself an entire building devoted to the worship and glory of God. When an individual enters the basilica they are confronted with images which never cease to surprise and attract. From the traditional form of a Latin cross, several things win over the traveler to this architectural glory. This includes its absolute size, its unbelievably elaborate decoration and, most of all, the enveloping golden light that bathes every corner of the church. The...
3 Pages(750 words)Essay

Cultural Tour

...that are needing relaxation, invigoration, and at the same time, learning and social experience that would inject a heavy load of responsibility and commitment in a very light setting --- a cultural tour down the Nile. Event Concept: "The Nile & Corporate Commitment to Our Environment" The idea is to re-inculcate to business executives their environmental duties and obligations to help preserve and protect nature and humanity while on luxury tour of the Nile River in Egypt. Objectives for the Event: To relax executives through a luxurious boat trip Make them get in touch with the past and the present Present historical preserves, and the past in its reality Promote awareness on the...
4 Pages(1000 words)Assignment

Tour

...Tour Introduction: This case study is about to develop a proposal or bid for an event of my preference. I chose different strategies to develop a proposal. I have planned to organise Festivals in London. In this research I would like to mention the following details. 1. General concept and themes 2. Business program 3. Social program 4. Costs 5. Touring 6. Accommodation 7. Entertainment 8. Staging 9. Special features 10. Sample promotional materiel General concept and themes: Today travelling is an unavoidable part of human beings. People make journey from one place to another for business purpose or holiday. It provides wide range of information and entertainment....
5 Pages(1250 words)Essay

Geology Tour

...Geology Tour: Page Museum, La Brea Tar Pits It is irrefutable “Page Museum, La Brea Tar Pits” is not only a destinationfor fun lovers, but also an informative place for those who appreciate nature and intend to learn how diverse animal forms were prior to the present (McNassor 97). Prior having access to the inside of the museum, one enters the large and beautiful entrance adorned with varied engravings of animals species at the top. The site just offers a little overview of numerous intriguing features that constitute the beauty of the place evident when one enters the place. Inside encompasses of the most illustrious fossils of varied creatures, mainly unearthed from the snow region (McNassor 19). Since, numerous...
2 Pages(500 words)Essay

Federal prison tour

...Federal Prison Tour Affiliation On the 11th of May we set out to tour the federal prison in Terre Haut, Indiana; a group of twenty students from the criminal criminology department of ISU university. The tour that took approximately one and half an hour started at the gate entrance where we were inspected and screened. In groups of three, we headed into the large hall where we got detailed descriptions on how the facility operates. From there we set off to visit other sections of the prison. The Federal Correctional Complex has two facilities; the Federal Correction Institution for medium-security inmates and the United States Penitentiary for high-security inmates. We however did not...
2 Pages(500 words)Essay

Holiday tour proposal: Tanzania

...and secure accommodation, 70% want good value for money but not necessarily the lowest prices, and 68% want knowledgeable staff. According to ABTA (2014) survey report shows there is an increase in flexibility in arrangements with 49% compared with the previous year 2012. Despite what our business has planned the holiday agreeing much on the needs expressed by the customer as noted previously, to try to meet their needs throughout the tour trying to deliver to customers the best experience and excellent hospitality for everyone during the tour. However, there are many competitors out there in the travel industry, including our two main competitors Explore and Exodus the table shows the...
8 Pages(2000 words)Statistics Project
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.

Let us find you another Research Paper on topic Sports Tour Business for FREE!

Contact Us