XII NOTES UNIT 6 PACKAGE TOUR COSTING
UNIT 6 P ACKAG E T OU R C OSTING In the context of a package tour, costing is the process of figuring out how much it will cost to acquire the many services that are needed to create and provide tour packages. It entails figuring out the true cost of hiring services for either custom or ready-made trip packages from suppliers including hotels, resorts, transporters, and other vendors. Here are the key points related to costing in the context of package tours: 1. **Determining Costs:** Tour operators carry out a thorough analysis of the market's supply and evaluate the qualifications of different providers. This enables them to determine the overall cost needed to obtain the services and parts needed for their travel packages. 2. **Competitive Cost:** Tour operators can establish competitive pricing thanks to costing. They can preserve profit margins, provide competitive prices, and maybe even provide clients discount...