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INTRODUCTION
The report starts with the industry profile, company profile and Structure of
Akbar travels of India, The management perspective of Akbar travels of which Kerala
circle in Trivandrum is in more detail. The Akbar travels service description pricing,
growth analysis and financial analysis of Akbar circle in Trivandrum. Finally the
findings, conclusion and suggestions are submitted as part of the study.
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1.1OBJECTIVES OF THE STUDY
1.2METHODOLOGY
Data have been collected both from primary and secondary sources
Primary data
Secondary data
Secondary data were collected from both internal and external sources. The internal
sources such as company reports, brochures, journals, and internal computer database.
And external sources such as govt. official publications, and association report, public
computer data base were also used.
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1.3 SCOPE OF THE STUDY
Tourism is the third largest industry in India. Travel agency plays a very crucial role
in travel and tourism sector. The development of tourism will result in the development of
travel agencies. They are the suppliers in tourism industry. The scope of the study is
limited within Akbar travel of India Pvt Ltd. The different functional departments and its
operations were selected for detailed study. The aim of this study is to familiarize with
various departments and its functions.
The main limitation of the study was lack of time. A period of 30 days is not
insufficient to do detailed study of the organization.
Some of the confidential records relating to the policies were not disclosed, which
was a limitation.
1.5CHAPTERISATION
Chapter 1
The topic contains a brief introduction about the organizational study, objectives
of the study, Methodology, Scope of the study and Limitation.
Chapter 2
Deals with the tourism industry, History of tourism, Forms of Tourism, Travel
industry etc.
Chapter 3
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Deals with Company’s products and services, the technologies they are using and
their branches.
Chapter 4
Chapter 5
Chapter 6
Chapter 7
Lists the findings, Suggestions and Conclusion at on the completion of the study.
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CHAPTER II
Travel for trade was an important feature since the beginning of civilization. The
port at Lothal was an important centre of trade between the Indus valley civilization and
the Sumerian civilization.
The earliest form of leisure tourism can be traced as far back as the Babylonian
and Egyptian empires. A museum of historic antiquities was open to the public in
Babylon. The Egyptians held many religious festivals that attracted the devout and many
people who thronged to cities to see famous works of arts and buildings.
In India as elsewhere, kings travelled for empire building. The Brahmins and the
common people travelled for religious. Thousands of Brahmins and the common folk
thronged Sarnath and Sravasti to be greeted by the inscrutable smile of the Enlightened
One-the Buddha.
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500 BC, the Greek civilization
The Greek tourists travelled to sites of healing gods. The Greeks also enjoyed
their religious festival that increasingly became a pursuit of pleasure, and in major sights
such as the Parthenon. Inns were established in large towns and seaports to provide for
travelers needs Courtesans were the principal entertainment offered
This era also saw the birth of travel writing. Herodotus was the world’s first travel writer.
Guidebooks also made their appearance in the fourth century covering destinations such
as Athens, Sparta and Troy. Advertisements in the way of signs directing people to inns
are also know in this period.
With no foreign borders between England and Syria, and with safe seas from
piracy due to Roman patrols, the conditions favouring travel had arrived. First class roads
coupled with staging inns (precursors of modern motels) promoted the growth of travel.
Romans travelled to Sicily, Greece, Rhodes, Troy and Egypt. From 300 AD travel to the
Holy Land also became very popular. The Romans introduced their guidebooks
(itineraries), listing hotels with symbols to identify quality.
Second homes were built by the rich near Rome, occupied primarily during
springtime social season. The most fashionable resorts were found around Bay of Naples.
Naples attracted the retired and the intellectuals, Cumae attracted the fashionable while
Baiae attracted the down market tourist, becoming noted for its rowdiness, drunkenness
and all-night singing.
Travel and tourism were to never attain a similar status until the modern times.
Travel became difficult and dangerous as people travelled for business or for a
sense of obligation and duty.
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Adventures sought fame and fortune through travel. The Europeans tried to
discover a sea route to India for trade purposes and in this fashion discovered America
and explored parts of Africa. Strolling players and minstrels made their living by
performing as they travelled. Missionaries, Saints, etc. travelled to spread the sacred
word.
Leisure travel in India was introduced by the Mughals. The Mughal kings built
luxurious palaces and enchanting gardens at places of natural and scenic beauty (for
example Jehangir travelled to Kashmir drawn by its beauty
From the seventeenth century, a new form of tourism was developed as a direct
outcome of the Renaissance. Under the reign of Elizabeth I, young men seeking positions
at court were encouraged to travel to continent to finish their education. Later, it became
customary for education of gentleman to be completed by a ‘Grand Tour’ accompanied
by a tutor and lasting for three or more years. While ostensibly education, the pleasure
seeking men travelled to enjoy life and culture of Paris, Venice or Florence. By the end of
eighteenth century, the custom had become institutionalized in the gentry. Gradually
pleasure travel displaced educational travel. The advent of Napoleonic wars inhibited
travel for around 30 years and led to the decline of the custom of the Grand Tour.
The spas grew in popularity in the seventeenth century in British and a little later
in the European Continent as awareness about the therapeutic qualities of mineral water
increased. Taking the cure in the spa rapidly acquired the nature of status symbol. The
resorts changed in character as pleasure became the motivation of visits. They became an
important centre of social life for the high society. In the nineteenth century they were
gradually replaced by the seaside resort.
The rapid urbanization due to industrialization led to mass immigration in cities. These
people were lured into travel to escape their environment to places of natural beauty,
often to the psychologically stressful jobs to a leisurely pace in countryside.
Advent of railway initially catalyzed business travel and later leisure travel.
Gradually special trains were chartered to only take leisure travel to their destinations.
The European countries indulged in a lot of business travel often to their colonies
to buy raw material and sell finished goods.
The formation of first hotel chains; pioneered by the railway companies who
established great railway terminus hotels.
Seaside resorts began to develop different images as for day-trippers, elite, for
gambling.
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The technological development in steamships promoted travel between North
America and Europe.
The Suez Canal opened direct sea routes to India and the Far East.
The first World War gave firsthand experience of countries and aroused a sense of
curiosity about international travel among less well off sector for the first time. The large
scale of migration to the US meant a lot of travel across the Atlantic. Private motoring
began to encourage domestic travel in Europe and the west. The seaside resort became
annual family holiday destination in Britain and increased in popularity in other countries
of the west. Hotels proliferated in these destinations.
The wars increased interest in international travel. This interest was given the
shape of mass tourism by the aviation industry. The surplus of aircraft and growth of
private airlines aided the expansion of air travel. The aircraft had become comfortable,
faster and steadily cheaper for overseas travel. With the introduction of Boeing 707 jet in
1958, the age travel for the masses had arrived. The beginning of chartered flights
boosted the package tour market and led to the establishment of organized mass tourism.
The Boeing 747, a 400 seat craft, brought the cost of travel down sharply. The seaside
resorts in the Mediterranean, North Africa and the Caribbean were the initial hot spots of
mass tourism.
Domestic tourism,
Outbound tourism
Domestic tourism
When the travel is within the country ie, Trips taken by tourists within his/her
own country or where the origin and the destination are same country, the process is
known as Domestic Tourism.
Examples:-
A family visiting relations in another part of the country, even if they live only a
few miles away
Examples:-
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Outbound tourism
This term applies when people travel away from their home country to visit other
international countries for leisure or business.
Example:-
Recreational tourism
In recreational tourism tourists utilize the time to escape from day to day boredom
and to enjoy the entertainment facilities. The stress and strain of modern life is draining
the vital energy of people. To escape from the hustle and bustle of city life tourist prefer
secluded where they can refresh themselves in the company of nature.
Cultural tourism
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This involves the travel adventure sports; sports based places etc for pursuing the
activities of tourist interest. Visiting the places of horse races, golf, hiking,
mountaineering, rock climbing, aero sports, water sports, water sports, etc are examples.
Health Tourism
Health tourism involves rejuvenation of the mind and body and includes places of
medical treatment like ayurveda, yoga, naturopathy, hot springs, spas, meditation centers
etc. even though health tourism existed long before, and it gained importance during
eighteenth century. This tourism is associated with spas, places with health-giving
mineral waters, treating diseases from gout to liver disorders and bronchitis. As a number
of doctors have highlighted the benefits of bathing in sea water, and sea bathing, even this
has become a part of health tourism.
Incentive tourism
In this type of tourism, holiday trips are offered incentives to employees, dealers
and sales executives of major organizations.
Convention tourism
Individual tourism
Group tourism
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tourist buys a trip, for which he is unable to distinguish the prepaid cost of his fares from
the cost of accommodation and other element.
Independent tourism
Inclusive tourism
Under inclusive tourism the package tours are arranged and tourists purchase a
trip.
Pilgrimage Tourism
Winter Tourism
Winter sports contribute to winter tourism. Many water sports holiday packages
are available at places in many countries apart from Ski and Snow festival tours
organized annually. Skiing is extremely popular in the mountainous areas. Ski festivals
have variety of events like Ski and sled competitions, Ski and snow board lesions,
performance and recreational activities. Majority of the event participants are from
countries with a warm climate
Mass Tourism
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greater numbers of people enjoy the benefits of leisure time the increase in the speed of
Railways, the better sea travel options, and the increase in the number of improved Air
travel services, the mass travel has grown and developed internationally.
Niche Tourism
Rural Tourism
Eco-tourism
Golf tourism
Farm tourism
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Farm tourism involves the visits to farm houses or agriculture houses. The tourists
stay in the farm houses and engage themselves in farming and related activities.
According to World Travel and Tourism Council, India will be a tourism hot-spot
from 2009 to 2018, having the highest 10-year growth potential. The travel & Tourism
competitiveness Report 2007 ranked tourism in India sixth in terms of price
competitiveness and 39th in terms of safety and security. Despite short- and medium-term
setbacks, such as shortage of hotel rooms, tourism revenues are expected to surge by 42%
from 2007 to 2017. India’s rich history and its cultural and geographical diversity make
its international tourism appeal large and diverse. It presents heritage and cultural tourism
along with medical, business and sports tourism. India has one of the largest and fastest
growing medical tourism sectors.
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All types of tourism in India have registered phenomenal growth in the last
decade ever since the Indian government decided to boost revenues from the tourism
sector by projecting India as the ultimate tourist spot.
The reason why India has been doing well in all types of tourism in India is that
India has always been known for its hospitality, uniqueness, and charm attributes that
have been attracting foreign travelers to India in hordes. The Indian government, in order
to boost tourism of various kinds of India, has set up the Ministry of Tourism and
Culture. This Ministry recently launched a campaign called ‘Incredible India!’ in order to
encourage different types tourism in India.
The result was that in 2007, foreign tourist spent around US$ 15.4 billion during
their trips to India. Being a country with tremendous diversity, India has a lot to offer in
terms of tourism and related activities. The diversity that India is famous for that there is
something to do for all tourist in India, no matter what their interests.
Adventure tourism
As a kind of tourism in India, adventure tourism has recently grown in India. This
involves exploration of remote areas and exotic locales and engaging in various activities.
For adventure tourism in India, tourists prefer to go trekking to places like Ladakh,
Sikkim, and Himalaya. Himachal Pradesh and Jammu and Kashmir are popular foe skiing
facilities they offer. Whitewater rafting is also catching on in India and tourist flock to
places such as Uttaranchal, Assam, and Arunachal Pradesh for this adrenalin-packed
activity.
Wildlife tourism
India has a rich forest cover which has some beautiful and exotic species of
wildlife, some of which that arte even endangered and very rare. This has boosted
wildlife tourism in India. The places where a foreign tourist can go for wildlife tourism in
India are the Sariska Wildlife Sanctuary, keoladeo Ghana National park, and Corbett
National park.
Medical tourism
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Tourists from all over the world have been thronging India to avail themselves of
cost-effective but superior quality healthcare in terms of surgical procedures and general
medical attention. There are several medical institutions in country that cater to foreign
patients and impart top-quality healthcare at a fraction of what it would have cost in
developed nations such as USA and UK. It is expected that medical tourism in India will
hold a value around US$ 2 billion buy2012. The city of Chennai attracts around 45% of
medical tourists from foreign countries.
Pilgrimage tourism
India is famous for its temples and that is the reason that among the different
kinds of tourism in India, pilgrimage tourism is increasing most rapidly. The various
places for tourists in India for pilgrimage are Vaishno Devi, Golden Temple, Char Dham,
and Mathura Vrindavan.
Eco tourism
Among the types of tourism in India, ecotourism have grown recently. Ecotourism
is entails the sustainable preservation of naturally endowed area or region. This is
becoming more and more significant for the ecological development of all regions that
have tourist value. For ecotourism in India, tourist can go to places such as Kaziranga
National Park, Gir National Park, and Kanha National Park.
Cultural tourism
India is known for its rich cultural heritage and an element of mysticism, which is
why tourist come to India to experience it for themselves. The various fairs and festival
that tourists can visit in India are the pushkar fair, taj mahotsav, and suraj kunda mela
The types of tourism in India have grown and this has boosted the Indian
economy. That it continues to grow efforts must be taken by the Indian government, so
that the tourism sector can be contribute more substantially to the nation’s GDP
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2.6 TOURISM IN KERALA
Kerala is truly the undiscovered India. It is God's own country and an
enchantingly beautiful, emerald-green sliver of land. It is a tropical paradise far from the
tourist trial at the southwestern peninsular tip, sandwiched between the tall mountains
and the deep sea. Kerala is a long stretch of enchanting greenery. The tall exotic coconut
palm dominates the landscape. Recently, Kerala was recognized by the UNICEF and the
World Health Organization as the world's first "baby-friendly state”. The state's
international recognition just help them to be more motivated regarding their health care
system that they have been engaging within the past few years.
The "land of coconut tress". This is what the name Kerala actually means. Aside
from being considered as the pioneering health and medical tourism in India, this state
also kept some alluring secrets behind it that will truly captivate the heart of many
tourists. Kerala is one of the exotic destinations of the world and over the recent years its
popularity has also increases. In fact, the National Geographic travel magazine
considered the state among the fifty must see locations in the entire world. With this, The
Tourism Department of the state launched various promotions of Kerala's natural beauty,
breathtaking landscape and tropical beaches. They even come up with the slogan "God's
Own Country” which results to a significant reflux of tourist and foreign Visitors.
Kerala is such a paradise for individuals who have been there for whatever reason.
It may be for some sort of exploration with its nature or may be for its health care system.
Although the state is located in a third world country, the state of Kerala manages to
reinvent itself and provide most appropriate needs that they can render.
It was during the 50's when the state has a State Hospitality Department which
usually tends to run a guest house and other arrangements among the VIPs. Also still at
that time, they weren't enough facilities such as hotels to accommodate foreign visitors
that is why the guest houses where used for their lodging. After a decade, they have
started to encounter a large traffic of tourist. This event gave them the idea that there are a
lot of opportunity on the hotel sector that why the government since then implemented a
separate department on it.
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After acquiring a separate Tourism Department, the state soon realizes that there
is a huge market for health tourism. The good thing about Kerala's concept in health
tourism is that they remained faithful regarding their culture and beliefs. They have been
incorporated their own techniques in medication without sacrificing the true essence of
providing proper health care. Part of their general notion is to implement the Ayurveda or
the Ayurveda Medicine. This is an ancient Hindu system of health care that is native to
the Indian Subcontinent. The word Ayurveda was roughly translated as the "knowledge of
a long life". The Ayurveda is merely concerned with the measures to protect life, which
includes healthy living among the therapeutic measures that relate to physical, mental,
social and spiritual harmony. This is also considered one among the few traditional
systems of medicine to contain a sophisticated system of surgery which they called
"salya-chikitsa". By incorporating the method of Ayurveda, they still manage to provide
every foreign visitor a taste of their culture.
Kerala is probably the greenest place you will ever see; it is one of the 10
paradises in the world. The coconut palms, the red tiles houses, the innumerable lakes and
beaches will remain long lasting impressions to any visitor. The colorful festivals, various
types of dances, martial arts and wildlife sanctuaries are the other attractions. Kerala is a
narrow strip of land locates on the south western edge of the Indian subcontinent. It is
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placed between the Western Ghats mountain range on the East and the Arabian Sea on the
West Kerala is a heady amalgam of Nature's very best.
The divine high ranges of the Western Ghats on the east, The Arabian Sea on the west.
Emerald paddy fields. Virgin forests, limpid backwaters, and beaches by the dozen,
which in the days of yore lured adventurous hearts from all over the globe. Kerala is
God's own land, untouched and unparalleled. Kerala is a land of great natural beauty.
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The current scenario demands the marketers to develop an integrated marketing
program, which will generate long-run lucrative sales volume and gratify the long-run
wants of its customers. In India, different destination stands in the different stages of
product life cycle, which projects their position in the tourism market. If the study of
different destinations like goa and shimla, always flooded with domestic and foreign
tourists throughout the year, have reached their maturity level exhausting their carrying
capacity. Hence no further promotion is required, yet it should be taken care to sustain
their image, checking their decline and looking after the negative impacts of tourism. In
marketing words they require internal marketing, product enhancement, inspecting the
decline, appropriate maintenance, etc. hence, proper planning and developments of tourist
products are required to make tourism marketing successful.
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to the public. An in-plant or house agency is a department or division of a company setup
to handle the travel requirements of companies’ employees.
The main products of a travel agency are transportation, accommodations and
packaged vacation. Airline tickets are the primary products line of most travel agents.
Classification of travel Agents
Travel agencies are profit making business firms setup for the purpose of
organizing trips. At present they either act as middle man between their customers and the
firm supplying the services required or as actual tourist entrepreneurs. Travel agent is the
organizer of travel.
Travel agencies are classified into two main categories.
1. An intermediary Travel Agency.
2. An organizing Travel Agency.
1. Intermediary Travel Agency
Intermediary Travel Agency undertakes intermediary to act for another, in
obtaining either a journey or a sojourn possible in return for the price for the services.
There are a number of approved travel agencies and tour operators in India. They
operate through network of field offices at important places of tourist of interest. Some of
these agencies have representative posted in the traffic generating markets. They render
valuable services to the tourist by looking after their total needs and comforts. They form
a vital segment of the tourist industry. They introduce new ideas, create new tours and
render personalized services to the tourists making their stay an enjoyable experience.
They generate goodwill for the region as an attractive destination. Most of the approved
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travel agents are members of national and international bodies like TAAL PATA, ASTA,
and UFTA etc
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2.9FORMS OF ORGANIZATION
1. Proprietorship
2. Partnership and
3. Corporate
Proprietorship
Partnership
Travel agency being seen on a partnership basis is jointly owned by two or more
individuals. The cash possession, and other items of value, known as assets; and all the
obligation, are shared equally by each partner. Each owner is taxed according to his or
her share of profits. Each partner must report his income from business on their tax
returns and may have to pay self employment tax as well. The partnership must submit a
separate tax return disclosing the profit. Draws and advances paid to the partners. The
registered partnerships are governed by the Indian Partnership Act 1932.
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Corporate
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and even for side trips, publishing the tours through a descriptive brochures, scheduling,
reservation tours arranged at the specific requirements of a group meet a particular need.
In addition to other duties a travel agent may serve as a tour guide, leading trips ranging
from one work in a local area to six months around the world. Agents often find tour
leadership in a useful way to gain personal travel experience and to become thoroughly
acquainted with persons who may represent potential customers for additional trips. Tour
leaders receive all their expenses.
The agent serves as a book keeper to handle the complex pattern of transportation
and hotel reservation with characteristics of each trip. He works directly with airlines,
steamship, rail, road and bus companies. He makes direct contacts with hotels and sight-
seeing organization or works indirectly through a correspondent arrangements demand
executing standards of accuracy. After reservations are made, the agents must write or
obtain tickets, develop itineraries and send out bills for reservations involved.
A retail travel agency sells tourist products directly to the public on behalf of the
product suppliers and in return gets commission. Some package tours are sold in two
ways, 1.6. on a commission basis and markup price. When a travel agency sells a tour on
marked up price it means that first it mark up the cost of a tor and then it sell it at a higher
rate. The mark up price is the difference between retail price and wholesale cost.
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2.12 TRAVEL AGENCY-LINKAGES
Basically a travel agency serves two types of clients: business travelers and
leisure travelers. Incidentally, the requirements of these tourists are different and an
agency has to assemble or purchase related components from the principal suppliers to
cater their needs. Essentially, travel agencies, maintain close ties with the Airlines, car
rentals, banks, insurance companies, railways, government, trade associations, foreign
tour operators and travel agents, ground operators, cruise companies and tourism
educational institutes.
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Lodging Cos.
Airlines
Hotels, Motels,
Domestic and
Resorts, others Cruise Cos.
International
Transport
Tourism
Road, Rail
Associate
Tour
TRAVEL Wholesalers
Cultural and
Entertainment
Organizations
AGENCY
Insurance
Cos.
Ministry of
Foreign Travel
External
Cos.
Educational
Institutions
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Airlines
Accommodation Companies
Most hotels and other lodging companies, including major Indian and
International hotel chains, pay commission to the travel agencies. Hoteliers dealing with
travel agencies are more informal and less regulated than the airline companies.
Interestingly. many hotels and hotel chains participate in Computer Reservation System.
Permitting hotel reservations to be made at the same terminal which is used to sell airline
tickets. The commission received from hotels is the second largest component of total
agency revenue. But if purchase is made in bulk then the profit is based on the negotiated
prices and accordingly the profit may be higher or lower.
Cruise Companies
The cruise companies are informally regulated by its own governing body. ie.
Cruise lines association, which must approve any travel agency that desires to sell
booking on behalf of any cruise company. The cruise companies also offer a complete
package including sea travel, accommodation. food, entertainment and sometimes air
travel also. The commission varies from 10 to 20 percent. More cruise package tours are
sold to the public through travel agencies.
Insurance Companies
Today many travel companies have included travel insurance in their package
tours. The company insured the travelers to protect them against accident, loss of baggage
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and missed flights. Successful travel agency management has to make close contact with
insurance companies to obtain insurance policy for its clients.
Banking Companies
Travel agencies offer banking facilities to the travelers like clearance of traveler
cheques and arrangement of foreign currency. Only those travel agencies, which are
authorized by Reserve Bank of India under foreign Exchange regulation Act 1973, can
deal with foreign currency. Banking companies give commission to travel agencies on
traveler cheques and currency exchange.
Educational Institutions
An agency's success depends almost entirely on the competence of management
and expertise of the staff. It develops man power planning in such a way that will help to
conduct on campus selection and match the students to the requirements of the company.
The linkage between travel companies and tourism education institutions will solve the
problem of human resource requirements of present and future.
Other organizations
The travel agencies need to maintain close ties with many other organizations
offering travel related services like cultural and entertainment organizations, foreign tour
companies, regional passport office, department of tourism both at centre and states,
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sports operators, transport operators, food and beverage business etc. In fact these
organizations play a vital role in making travel a complete product.
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CHAPTER III
COMPANY PROFILE
3.1 AKBAR TRAVELS OF INDIA PVT. LTD
Akbar Travels of India Pvt, Ltd the flagship company of Akbar group. Akbar
travels had a humble beginning in the year 1978. The phenomenal success of the travel
agency is on account of the vision and direction of the founder/chairman and managing
director Mr. K.V Abdul Nazar. As a travel agency, handling ticketing mainly to the
middle east with his vision and leadership the agency has today grown to the largest
travel company in India and abroad both in terms of number of branches and business
turnover.
The growth of Akbar Travels in the last one year has been phenomenal with 14
new IATA branches opened at various locations. Today Akbar Travels is the largest travel
agency with 57 1ATA branches and 36 non-IATA offices in India, Employing over 3000
travel professionals. Presently there are 30 branches in Kerala, spanning almost all the
districts of God's own country. The turnover of the group for the current year is estimated
to be over Rs 5000crores.
The business philosophy of Akbar Travels is to provide prompt and friendly
service at affordable price to all their customers. This policy is much appreciated by the
travelling community is evident from the big growth of the agency by mere word of
mouth publicity from the satisfied customers.
Akbar travels provide land transport, visa and immigration assistance, boarding
and lodging. This business was started in the seventies when labour traffic to the Middle
East was its infancy. Ease of travel and accessibility to transportation methods with easy
ticketing facilities. Everything is combined in Akbar Travels. Akbar Travels has brought
near to the masses their dreams of flying and transportation to their door steps. One of the
pioneers in flying with Akbar travels air
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Ticket, people can easy book tickets to different destinations throughout the world
indifferent airlines now with ease. The Akbar Travel has made booking of air tickets,
train tickets and hotels bookings very easy with its user friendly booking interface. One
simple has to go to the online portal of Akbar Travels at www.akbartravelsonline.com and
put in the information regarding the destinations and start preparing their tour itinerary.
Payment options for Akbar Travel have been quite easy with credit cards and debit cards
and even net banking options. This makes people opt for the Akbar Travels air ticket with
ease.
At present Akbar Travels has become one of the leading travel providers to the
major part of India, especially the south of India catering to flights, trains, buses and
hotels. And still efforts are on to provide Akbar Travels air ticket to the eastern and north
of India. With active partnership and collaborations with the trains and bus operators in
the India, the Akbar Travel is fast becoming a preferred one stop shop for the people to
travel to different parts of the country as well as the many other parts of the world.
Good ticketing interface. Easy payment options. And quick customer services are
some of the important options that are being projected to attract people to the Akbar
Travels. In short Akbar Travels has become a one stop travel agency which 1s easily
accessible to people for their travel needs.
The cheaper costs and the various deals on Akbar Travels air ticket are a major
attraction and Akbar Travels are sure to rope in a larger section of people to these online
portals. Comprehensive travel management services. Easy and dedicated management.
Team and lastly the efficient customer services are the most important hallmark of
the Akbar Travel which has gradually put this online portal into the world map. The
company has won awards and major recognition from major air lines and travel
organization for top performance in passenger and cargo handling.
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3.2 GROWTH IN INDIA
Akbar Travels of India is the largest Travel Agent in India in terms of IATA
approved Branches, staff strength and business turnover. Currently, there are 57 IATA and
36 non- IATA Branches all over India serving our customers. The growth from humble
beginnings as a small travel agency specializing in Gulf-bound traffic to a well
diversified agency providing the entire gamut of travel services was indeed spectacular.
There are Akbar Travels of India branch offices in all major cities in India. Akbar Travels
is the largest issuer of air tickets in south East Asia according to IATA statistics.
Apart from the above mentioned branches, Akbar travels also have 50 Franchise
offices of Akbar travels online all over India
Akbar Travels started its first overseas branch in Sharjah, UAE in the year 2006.
Now there are twelve well-equipped offices in the U.A.E, located in the emirates of Abu
Dhabi, Sharjah, Ajman, Dubai and Ras Al Khaimah. Within four years of operations in
the Gulf. Akbar Travels is already among the top productive travel agents in this area.
The first office in Sultanate of Oman was started in November, 2009. February, 2010 saw
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Akbar Gulf Travels opening its branch in Jeddah. Saudi Arabia. Later in the year a new
Branch office was opened at Doha. Qatar. There are plans to open more offices in other
major cities in the Middle East.
Akbar Travels of India Pvt. Ltd. started its first international branches at Sharjah.
UAE on 15th August, 2006. Now there six branches in the UAE and some more branches
are going to be set up soon. Within two years of operation, Akbar Travels in Gulf is
among the top producing agents in the area. The branch offices are located in the
following cities:
Ajman
Abu Dhabi
Riyadh
Dubai
Ras Al Khaima
Jeddah
Sharjah
Al Ain
Muscat
Being the highest revenue producing travel agent for almost all the international
and domestic airlines operating in India, Akbar travels of India has received several
awards. These awards and recognition has inspire Akbar travels to strive harder and excel
in the field of travel and tourism
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Abacus Award, Singapore
Gulf-Air, Chennai
Trust:-
Business ethics:-
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Security:-
Expertise:-
Social responsibilities:-
Respect:-
Respect clients and associates for their views, opinions, and values
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3.6 VISION AND MISSION STATEMENT
Vision statement:-
Mission statement:-
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Highly qualified and experienced travel consultants help to plan domestic and
international travel. With years of experience. Offer the best possible fares on scheduled
airlines (full service as well as budget carriers) around the world. Tailor made services
and options are given to suit every requirement.
Expertise in air ticketing and goodwill with all major airlines, Akbar Travels
offers the most competitive airfares for all sectors. Akbar Travels have tie-ups and special
deals within the aviation industry. Which will ensure that the best possible fare.
Hotel Reservation
Akbar Travel provides budget, standard and luxury hotel accommodation within
India and abroad at discounted rates. Booking a hotel room with Akbar Travels is easy
and convenient. Akbar Travels have tied up with major consolidators such as GTA,
Travelocity, Turico etc. whose inventory we frequently use. Vast selection of discounted
hotels with listings of price, availability and amenities makes booking with Akbar a
delightful experience.
Holiday Packages
Holiday packages to suit all budgets and tastes are available with Akbar Holidays
and Benzy Holidays. Packages are available for Indian destinations and also tourist
hotspots across the world. Akbar holiday packages are carefully prepared to include air
fare. Hotel accommodation, airport transfer and sightseeing. All components of the
package are carefully selected to ensure that the passengers have a hassle-free holiday.
Foreign Exchange
Akbar Forex is the Foreign Exchange Division of Akbar Travels of India, licensed by the
Reserve Bank of India.
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Forex arranges common Foreign Exchange services for travelers and non-
travelers interested in exchanging money.
The Hajj package is for 35 days, comprising : (16 days in Mecca, 5 days Fariz
Hajj Baitullah, 8 days Medina Munnawara and 1-2 days for travel/rest).
Umrah Package
Akbar Travels of India enjoys the permission from the Ministry of External
Affairs, Saudi Arabia to operate as umrah tour operator in India. Akbar Travels of India
organizes Hajj pilgrimage for the devoted at a reasonable price. The company offer
elaborate infrastructure, own accommodation. Hygienic food and comfortable travel
arrangements, both at the point of origin and in Mecca, for approximately 2500 to 3000
pilgrims every year.
Visa Assistance
Akbar Travel offer professional services to help you out with visa related queries,
ensuring that a truly enriching travel experience. Akbar Travels have a full- fledged
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department to ensure proper documentation, and quick hassle-free processing of
passport/visas to any country. The travels have been highly regarded as one of the best in
the industry in terms of delivering a timely and dedicated visa service to the customers.
Akbar provide ample advice and assistance in help to gain the visa that the customer
require, also specialize in Group visas required by smaller or larger groups like.
Bajaj Alliance
Oriental Insurance
Travel insurance policies cover unexpected events during travel such as medical
emergencies and accidents. Insurance is available for both domestic and international
travel and cover eventualities like loss of passport, loss/delay of baggage, and delay of
flights. Accidents and hospitalization. Akbar Travels assist the passengers to choose the
insurance most suited for their need.
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Akbar Car Rental Service operates a fleet of over 700 cars from 12 of the
important airports in India. Cars are available for airport pickup, drop or for use in the
city.
Bus Bookings
Train Bookings
Akbar Holidays is the authorized agent to book train services on all important
Railway Networks around the world.
Cruise Bookings
India
International
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Royal Caribbean
Airport Assistance
Akbar offer airport services to those who require it, including 'Meet & Greet’
services 'Airport Representatives’ on demand, 'Escorts’ for Group travel etc. The ‘Qwagat
Seva’ service is available at select airports in India. Give escort to passengers in and out
of the airport and assist them in clearing all the formalities until the security check-in
counter.
Akbartravelsonline.com
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now open for booking and a number of travel agents who have signed up as partners are
taking advantage of this feature.
Biggest success of the web site is in gaining direct access to many of the Low-
cost Carriers operating in and out of India. Akbartravelsonline is already the leading web
site promoting all the no frill carriers operating domestic flights in India. Recently this
success was extended to the international segment by gaining access to many of the
international carriers, including Air Arabia, Bahrain Air, Jazeera Airlines and Sama
Airlines. Akbar travels have the distinction of being the first and only website to be
integrated to AirAsia.com, the largest Low Cost carrier in the world. With more Airlines
added to the list, the website becomes a one-stop-shop for agents.
Akbar Academy
Akbar Academy, the Travel & Tourism training institute was started by Akbar
Travels of India, the No.l Travel Company in India to meet the ever increasing demand
for trained personnel in the Travel & Tourism industry. Tourism is the fastest growing
industry around the world and trained professionals are required to cater to the needs of
the travelers. Travel industry is in the forefront of technological advancement and it is
necessary to upgrade the systems and knowledge according to the developing
technologies.
IATA COURSES
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IATA FIATA Air cargo Rating
IATA FIATA Dangerous Goods Regulations
DIPLOMA COURSES
CERTIFICATE COURSES
Akbar Academy won the prestigious Best Performance award 2009-10 for IATA
Authorized Training Center from international Air Transport Association and become an
“IATA Global Top 10 Premier Circle Member”.
Trivandrum
Chennai
Tirur
Palakkadu
Kodungallur
Trissur
Mumbai
Calicut
Nagercoil
Manjeri
Kanhangad
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Mr. Ajith Nai(Principal)r, Akbar Academy - Trivandrum received 'Best Performance
Award 2009-2010' for IATA Authorized Training Center from Mr.Gumnit Gill, Regional
Training Development Manager, IATA Training and Development Institute.
Akbar Car Rental was started in the year 2000, providing Cars on hire from
Mumbai Airport. Today Akbar Car Rental Service has a fleet of over 700 cars. located at
12 major airports of India. Being an all India permit holder and having a strong
infrastructure within India, Akbar Car Rental provides transportation for any given
destination across the country from major airports. With the modern fleet of cars and
efficient and friendly service, Car Rental Service is poised for steady growth. Other
services provided by Akbar car rental are Airport transfer, Hotel drop, Pick up & drop for
Airline staff. Group packages and Family packages.
Ahmadabad
Delhi
Patna
Bangalore
Hyderabad
Pune
Bhopal
Mumbai
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Trivandrum
Chennai
Nagpur
Vishakhapatnam
Akbar express cargo service is the IATA approved cargo division of Akbar group,
with the import and export business in India making steady growth every year, there is a
great scope for the cargo business. The cargo division was set up to look after the
growing cargo forwarding market
There are presently 5 offices of Akbar express cargo located in the following
cities
Trivandrum
Cochin
Chennai
Calicut
Mumbai
Akbar Forex
Akbar Forex is the Reserve Bank of India approved Foreign Exchange Division of
Akbar Group. Foreign currencies can be sold and bought at all branches of Akbar Travels
of India. There are also Akbar Forex counters at many of the important Airports in India.
Foreign exchange can be bought in currencies of leading countries or in traveler's cheque.
Another option is the Foreign Currency Card issued by AXIS Bank, which gives the
flexibility of re-charge while travelling abroad. Whatever the need for foreign exchange,
Akbar Forex is there with fast and efficient service.
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Akbar Insurance Agency Service Pvt. Ltd.
Since a large number of passengers buy their domestic and international air ticket
from Akbar Travels of India offices, other services needed for their travel are also offered
for their convenience. Akbar Travels promote sale of Travel Medical Insurance, since
Akbar insurance agency service Pvt. Ltd believe that the amount spent on insurance is not
expenditure, but a necessity in case of medical emergency or accident while traveling.
The Travel Insurance Policies are issued on following companies
Bajaj Alliance
Tata AIG insurance
Insurance policies issued by other companies are also available, as required by the
passengers.
Akbar Holidays
Akbar Holidays was set up under our online travel portal Akbartravelsonline.com,
to meet the ever increasing demand for flexible domestic and international holiday
packages from India. It is headed by Ms.Benazir Nazar. who has experience in organizing
leisure packages for both corporate houses and individuals The head office of Akbar
Holidays is located at Standard Plaza Chambers, R.D Street. Fort, Mumbai 400 001.
Within two years of its inception, Akbar Holidays already have offices in 6 metro cities -
Delhi, Chennai, and Kolkata. Bangalore, Hyderabad and Cochin.
Akbar Holidays is progressively placing well trained staff at all the Branch
Offices to cater to the need of the leisure traveler. Presently Akbar holidays offer
domestic and international holiday packages to the following market segments:
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MICE (Meetings, Incentives, Conferences, & Exhibitions) travel for companies.
Cruise bookings.
Individual travel.
Group travel.
Recently, Akbar holidays have been appointed as the General sales agent for
Madhya Pradesh Tourism. Akbar holidays have excellent Tour packages covering all
tourist attraction in Madhya Pradesh.
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Akbar Holidays offer domestic and international holiday packages to the
following market segments:
Individual Travel
This covers travel by individuals and families. Flexible itineraries are prepared to
suit the taste of each individual.
Group Travel
Group travel is when a group of minimum 10 passengers travel together. Group
travel is most economical, because lower air fares are available for groups on most of the
airlines. Also for larger Groups. the cost of accommodation and transportation will be
proportionately lower.
Cruise Bookings
Cruising is getting more and more popular in India. Many Indian travelers go on
Cruises sailing in different parts of the world. Star Cruise is the most popular cruise
company in Asia. Akbar Holidays also book cruises in prestigious Cruise Liners like
MSC Cruise, Carnival Cruises and Royal Caribbean.
With the vacation market in India growing at the rate of about 15% on an average
every year, we foresee a bright prospect for Akbar Holidays. With our years of experience
in dealing with service providers such as Airlines, Hotels and Tour operators, we are in a
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position to negotiate better prices for the benefit of the customers. “Affordable and
hassle-free holidays to patrons, tailor-made to suit individual choice” is our motto. We
trust the word-of-mouth publicity generated by our satisfied customers would help Akbar
Holidays to grow and become one of the leading leisure travel specialists in India.
Benco Coconut oil brings the goodness and purity of coconut oil from God's Own
country. In an effort to counter adulteration in the coconut oil market and to make pure
coconut oil available in the country, Akbar Group ventured to the Food & Beverage
industry by launching the company — Benzy Food & Beverages Pvt. Ltd.
Benco coconut oil is a trusted brand name that is synonymous with purity. This
product has received the AGMARK approval from Ministry of Agriculture, Government
of India. The Company has also obtained ISO 9001-2000 certification for its management
and manufacturing process.
Benco coconut oil is manufactured in the modern plant at Ponnani, Kerala under
stringent hygienic conditions. Best quality Malabar copra (dry coconut) is fed into the oil
extraction machines through conveyers. Benco coconut oil is so pure that it can be used
for various purposes like cooking, body massage and application on hair and scalp. It can
also be used in open lamps as it does not result in a smoky flame.
Benzy Holidays
Benzy Holidays was set up by Akbar Travels of India Pvt. Ltd., India’s No.1
Travel Agency to meet the ever increasing demand for leisure travel from the corporate
sector and individuals. At Benzy Holidays. well qualified and experienced staff takes care
of all aspects of holiday travel with a professional touch. The wide network of 55 IATA
approved Branches and 25 non-IATA offices of Akbar Travels of India spread across the
country gives an added advantage in meeting the passengers travel needs and providing
personal attention.
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Benzy Holidays can arrange tailor-made family tours (FIT & GIT) of your choice.
For the domestic as well as international routings. Benzy Holidays can also organize the
incentive promotional tours/conferences for the esteemed dealers. Agents and customers.
F.1.T Travel:-
Group tour:-
Benzy Holidays handles the full spectrum of tours, from the biggest global series
involving multiple destinations, to one-off leisure groups, special interest groups and
incentive tours for corporate houses. This division operates in a consultancy environment
offering a one-stop-shop approach for all travel and tourism products.
Incentive solution:-
For business travel and incentive tours, Benzy Holidays can offer most
competitive air fares based on convenient routings. Accommodation will be booked to
suit the budget and specific requirements. Innovative and exciting incentive programs
will be recommended including transfers, excursions, leisure activities, gala dinners and
cocktail parties.
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including travel, accommodation with transfers, function rooms, catering, audio visual,
administration and reporting.
Benzy InfoTech
Benzy InfoTech is at the cutting edge of Information Technology, specialized in
services to the Global Travel Industry. Unmatched business value is provided to the
customers through a combination of process excellence, quality frameworks and service
delivery innovations.
Benzy InfoTech is one of the few companies that combine extensive domain
knowledge with state of the art technology. Benzy InfoTech deliver an array of
Information Technology and Business Process Outsourcing solutions tailored to the needs
of the Travel industry. Service offerings of the Company spans across Travel TPF
technologies, Open Source Systems and Business Process Outsourcing including Airline
Reservation system, departure control system, Revenue management system, Interest
booking engines, Agency back office Automation, Travel technology consulting, back
office BPO, Airline contact centers etc.
The main products are internet booking engine — “ibokkie” and web connect
services including payment gateway, smart cache, and message / mail alert and currency
conversion.
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West India. Benzy InfoTech has a dedicated team in different regions for marketing of
Abacus GDS products and services.
Following esteemed organization are on the client list of bency print bureau
Kottakkal Arya Vaidya Sala
Nandilath G-Mart
Santhimadom Builders
Malabar Gold
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unmatched service provided by Benzy Transport Corporation with a most economical
freight charge structure has helped us to become a trusted name in the field of goods
transportation.
Benzy Transport Corporation provides round-the-clock service to win the total
satisfaction and confidence of the customers, ranging from small shopkeepers to multi-
national companies. Benzy Transport ply miles and miles, day and night, summer or rain,
facing the threat of natural calamities, theft and robberies enroute, but do not make any
compromise on timely delivery to the customers,
From Mumbai, Surat and Bangalore Benzy Transport operate to all over Kerala. A
large fleet of Benzy Transport there owns trucks as well as other attached vehicles and
well trained drivers are our assets and the reason for our high quality of service.
a) Corporate reservation section dealing with travel and visa arrangement for
multinationals.
d) International section handling with foreign travels handling almost all international
carriers.
e) Cash counter where the clients are required to make their payments.
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FUNCTIONS OF AKBAR TRAVELS
a) Customer servicing
The concerned customer service personal listens to the customer carefully and
what in their requirement s and talks to the customer polity and with correct information.
One the requirements is known action plans is through about and executed at the earliest
in the best possible manner . The customer is directed to the senior if his requirements
seem a little different to handle.
When a passenger enters in to the office, a staff greets him. Introduce themselves
and officers him a seat. After listening to his requirements the staff guides him to the
concerned section.
c) Reservation
SABRE,
GALILEO and
AMADEUS.
Each of these systems has their own advantages and are promotes various companies
who depend on the travel agencies to make reservation in that particular computer
system.
SABRE, being promoted by American airline computer installed but new entrance
like GALILEO AND AMADUES has stern in to their software. SABRE has advantage
that it can access directly in to some of the airline computers like gulf air, British airways,
etc.
SABRE
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Sabre (Semi-Automatic Business Research Environment) Global Distribution
System, owned by Holdings, it is used by more than 55,000 travel agencies around the
world with more than 400 airlines, 88,000 hotels. 24 car rental brands. 13 cruise lines.
The Sabre GDS enables companies such as American Express. BCD, Carlson Wagonlit,
HRG, Expedia, Frontier, Last Minute. JetBlue, Get There and Travelocity to search,
price, book, and ticket travel services provided by airlines, hotels. car rental companies,
rail providers and tour operators. Sabre has the highest global market share among all
other GDSs. Sabre Holdings is a travel technology company serving airlines, hotels,
online and offline travel agents and travel buyers The company is organized into four
business units:
AMADEUS
GALILEO
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Galileo is a computer reservations system owned by Travel port. As of 2002, it
had a 26.4% of worldwide CRS airline bookings. In addition to airline reservations, the
Galileo CRS is also used to book train travel, cruises, car rental. and hotel rooms. The
Galileo system was moved from Denver, Colorado, to the World span datacenter in
Atlanta, Georgia, on September 28, 2008, following the 2007 merger of Travel port and
World span. Galileo is a member of IATA, OTA and SITA. Galileo was founded in 1971
by United Airlines under the name Apollo Reservation System. During the 1980s and
early 1990s, a significant proportion of airline tickets were sold by travel agents. Flights
by the airline owning the reservation system had preferential display on the computer
screen
d) Insurance
Akbar travels offer insurance policies to the travelers to cover death disable, loss
or damage of baggage. Akbar travels is the largest travel insurance policy issuers of
reputed insurance companies for air travelers. It offers customized policies. The travel
insurance service is readily available at all IATA branches of Akbar.
F) Travel information
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Akbar travels planning tours, both for inclusive programmers and for meetings,
individual requirement etc.
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CHAPTER IV
ORGANIZATIONAL STRUCYURE
4.1ORGANIZATIONAL STRUCTURE
An organizational structure consists of activities such as task allocation,
coordination and supervision, which are directed towards the achievement of
organizational aims. It can also be considered as the viewing glass or perspective through
which individuals see their organization and its environment.
The organization of a travel company largely depends upon the size and type of
business handle by it. Generally in small and medium scale travel agency/tour operators,
one will find a simple organization structure be limited in terms of operations, Size,
division of labour, there as a large scale travel. There organization structure is more
formal.
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CHAIMAN
VICE CHAIMAN
GENERAL
MANAGER
MANAGER
COUNTER
A/C MANAGER SALES HR SUPERVISOR
MANAGER MANAGEMENT
COUNTER
ACCOUNTANT SALES STAFF STAFF
COUNTER
CASHIER SALES STAFF
STAFF
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The chairman is the highest officer in Akbar travels of India Pvt. Ltd. Mr. K.V.
Abdul Nazar is chairman of Akbar group. He is supreme authority of Akbar travel group.
With his vision and leadership, the agency has today grown to the largest travel company
in India.
General Manager is responsible for all areas. Sometimes, most commonly, the
term general manager refers to any executive who has overall responsibility for managing
both the revenue and cost elements of a company's statement. The general manager is
responsible for effective planning, delegating, coordinating, staffing, organizing, and
decision making to attain desirable profit making results for Akbar travels
The basic job duty of a travel sales manager is to increase the business of travel
agency, be it in the form of hotel bookings or in the form of passenger tickets. With a
strong belief in relationship management and strong interpersonal communication and
networking skills, he must have the ability to work under complex situations. The duty of
counter supervisor is to manage and support all counter staff in the travels.
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5.1 ANALYSIS OF OBJECTIVES
How the business process 1s going success with the competent how new
products are emerged etc.
How the management is organized for the proper works according to the
departments
T o analyze how the travelers get satisfied with the travel agency.
To know why they are choosing Akbar Travels, how they get satisfied
Akbar Travels.
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SWOT ANALYSIS
Threats: elements in the environment that could cause trouble for the business or
project.
First, the decision makers should consider whether the objective is attainable, given
the SWOTs. If the objective is not attainable a different objective must be selected and
the process repeated.
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Users of SWOT analysis need to ask and answer questions that generate meaningful
information for each category (strengths, weaknesses, opportunities, and threats) to make
the analysis useful and find their competitive advantage.
SWOT analysis is a strategic planning method used to evaluate the Strengths,
Weaknesses, Opportunities, and Threats involved in a project or in a business venture. It
involves specifying the objective of the business venture or project and identifying the
internal and external factors that are favorable and unfavorable to achieve that objective.
The SWOT analysis is often used in academia to highlight and identify strengths,
weaknesses, opportunities and threats it is particularly helpful in identifying areas for
development.
STRENGTH
6.2 WEAKNESS
1. Technical delays
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2. Problems linked with incumbency like outdated technologies, unproductive rural
assets, social obligations, political interference,
3. Lackluster sales
4. Lack of space
5. Over job security
6. Lack of Human resource management
6.3 OPPURTUNITIES
6.4 THREATS
1. Poor IT penetration within organization
2. Tremendous market growth
3. Unexploited broadband services
4. International market
5. A sluggish economy
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6. Increasing competition
7. Increased government regulations
8. Customer Related Problems
9. Theft
10. Insecurity
11. Hacking
6.5 PESTLE ANALYSIS
Originally known as PEST Analysis, this is a macro environmental
framework used to understand the impact of the external factors on the
organization and is used as strategic analytical technique. PEST stands for
"Political, Economic, Social, and Technological” factors.
67
Figure 5.2
1. Political stability
2. Tax policy
4. Environmental regulations
5. Trade restrictions
6. Tariffs
Economic factors affect the business operations and decision making of the
organization. For example the predicted recession is preventing the organizations from
increasing the workforce. Other examples are:
1. Economic growth
2. Interest rates
3. Inflation rate
Social factors refer to the cultural and demographic aspects of the environment. For
example increase in the health consciousness may affect the demand of the company’s
product. Other factor includes:
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1. Age distribution
3. Emphasis on safety
4. Career attitudes
Technological factors affect the cost and quality of the outputs. These also determine.
The barriers to entry and minimum efficient production level. Factors include:
1) Automation
2) Technology incentives
4) R&D activity
Legal factors influence the company’s operation, its costs, and the demand for its
products. Factors include:
1. Consumer law
2. Antitrust law
3. Employment law
4. Discrimination law
USE
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PESTLE Analysis is used to examine the current and future state of the industry
an organization belongs to. This helps in the strategic planning and gaining the
competitive edge over the other firms in that industry. This analysis can not only be used
for an organization as a whole but various departments can also be inspected under this
framework. For example, it makes more sense for a company with diversified product
range to analyze its departments separately than the organization as a whole. Importance
of the factors varies depending on the nature of the industry and company. For example
environmental factors are more important to tourism sector where as economic and
political factors are more important for the Banking sector.
POLITICAL FACTORS
ECONOMIC FACTORS
Credit control
Globalization
Interest rate
Price, inflation
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SOCIAL FACTORS
Demographic change
Fashion, culture.
Population
TECHNOLOGICL FACTORS
Product technologies
Communication technologies
Operational technologies
LEGAL FACTORS
Employment law
Tax policies
Restrictions on immigrations
ENVIRONMENTAL FACTORS
Population control
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The disposable waste
Figure 1.2
Porters five force is used for the analysis of the competitive environment of an industry.
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Understand the industry and the nature of relations between the various
participants in the market in which the company operates.
Organized players would barely have 15-20% of the market place Most of the
Organized players are present in metros and mini metros Large disposable incomes in
towns like lucknow ,Jaipur, Coimbatore etc. serviced by family run unorganized
players
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Industry rivalry is intense but cut throat
Rivalry intense because of low switching cost, low levels of product differentiation,
perishability of products diversity of rivals.
Rivalry is not cut throat since exit barriers are not high, fixed costs are not high,
market growth is good.
BUYER POWER: While buyers are fragmented their diminishing brand loyalty and
ability to switch (for most products) gives them reasonable buying power
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1. Luxury segment is brand conscious to and willing to pay a premium for great
experience and service quality.
There is no significant cost to switch suppliers and product like airlines, car etc
are fairly commoditized
BARRIERS TO ENTRY AND EXIT: While entry and exit barriers are low, Difficult to
build scale because of lack of ready distribution channels
This makes it relatively easier for new players to enter industry and does not
provoke every aggressive rivalry from existing players.
Low minimum efficient level allow entry of small startups, however significant
scale is necessary to negotiate profitable deals
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76
CHAPTER VII
The findings of the study are based on the analysis and interpretation of data obtained
from the respondents by the way of interview, secondary data and observation during the
course of the study.
77
8. Akbar travels maintains a good infrastructure system.
9. Akbar travels of India Pvt Ltd maintain better relationship with their
clients by utilizing human and technical resources
10. The management guides and supports the staff in the organization.
11. The customers are satisfied with the speedy transaction by the application
of manual and computer reservation system.
12. Akbar travels provide 24 hours travel assistance.
13. The function of Akbar travels of India as a agency is very prompt and
efficient. How over these are some of the suggestions implementation of
which may increase the agency's creditability.
14. Improve the quality of services.
15. Provide more and more investment. Mainly in the areas of updating the
technological advancements.
16. Innovation: Akbar travels needs to create a culture that encourages and
rewards innovation, starting at the very top. It also needs to identify and
design differentiated business models that are based on its core
competencies and enriched by insights from other regions and industries.
Lastly, it needs to integrate its technological and business infrastructure to
create next-generation networks and operations that provide the flexibility.
17. Use resources effectively and try to avoid wastage of resource.
18. E-learning shall be promoted significantly.
19. Ensure a successful service recovery, a service firm should communicate
effectively with the aggrieved customer, be empathetic, provide feedback,
and offer an explanation of what went wrong.
20. Empower employees who receive complaints to solve the problem that the
customer complained.
21. Ensure that staff is appropriately dressed and appear professional in terms
of the appearance.
22. Lower the operational costs. Like wastage of electricity, unwanted usage
of department vehicles, no proper disposal of electric gadgets etc...
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23. Reduce customer churn and increase customer satisfaction by creating a
360° customer view.
24. Staff rotation
a) Staff rotation means every staff a part from specializing in a
departments must be given to chance to work at all the departments
in the agency. So that they will be aware of what is happening and
where within the agency apart from his own department and will
be able to guide the information seekers rightly.
25. Employee’s participation in decision making should be increased.
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CONCLUSION
The organization study of Akbar travels has given me the insight knowledge of
the administrative functions and skills needed in the real world scenario. The data
collected from the employees, management and the past company’s reports have enabled
my study to come out with the critical success factors contributed to the achievement of
the company in this competitive tourism environment. These factors cut across from good
governance, cordial employee-employer relationship, reliability of quality services,
employees training, social responsibilities to customer focused strategy.
Travel Agency played the most important role in the Travel & Tourism Industry.
They offer every each and every service for tourism like travel, accommodation etc.
Travel Agents promote the Tourism to the ultimate level.
Akbar travels of India Pvt. Ltd are having a very good infrastructure, strong
goodwill in its services, and sufficient managerial experience. The experience and
friendly behavior of staffs brought the travels to the top most position. Brand name and
Customer service of the travel agency bring more and more customers to the travels.
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BIBLIOGRAPHY
WEBSITES
www.akbartravelsonline.com
www.akbartravels.com
www.akbargroup.in
BOOKS
OTHER PUBLICATIONS
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