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Understanding Airline and Accommodation Trends

Oct 18, 2024

Module Three: Travel Trends and Insights

Introduction

  • Speaker: Sandy
  • Focus: Airline and Accommodation industries
  • Background: Experience in hotels (sales, marketing, front desk, reservations) and airlines (Flight Centre)

Module Overview

  • Aim: Provide product knowledge and insights into the airline and accommodation industry.
  • Importance: Essential for careers in travel and tourism (travel consultant, airline/hotel industry employee).
  • Participation: Engage in discussion forums, complete learning activities, read resources, and watch videos.
  • Completion: By end of week six.
  • Assessment: Module 3 and 4 information will be included in Assessment 1b, due end of week eight.

Airline Industry

Overview

  • Significant sector in travel and tourism.
  • Massive growth in passenger numbers expected in the next 10-20 years.

Key Terminology

  • Fare Aggregators: Search engines (e.g., Skyscanner) for comparing airfares.

    • Pros: Quick, easy comparison.
    • Cons: May not consider preferences like direct flights.
  • Full-Service Airlines: Airlines offering comprehensive services (e.g., Qantas, Emirates).

    • Includes tickets, seat selection, baggage, meals.
  • Low-Cost Carriers (LCCs): Airlines with cheaper fares but fewer inclusions (e.g., Jetstar, AirAsia).

  • IATA: International Air Transport Association, standardizes airline safety and policies.

Airline Strategies & Concepts

  • Hub Cities: Central airport from where airlines operate (e.g., Emirates in Dubai).

    • Importance: Helps in planning stopovers and efficient travel routes.
  • Revenue Management: Adjusting fares based on demand and other factors.

    • Earlier bookings usually cheaper.
  • Classes of Service: Economy, Premium Economy, Business, First.

    • Differences in price, seat comfort, and additional services.

Evolution of the Airline Industry

  • Milestones:
    • 1952: First commercial airline.
    • 1970s: Introduction of jumbo jets.
    • 2000s: New long-haul aircraft.
    • COVID-19: Significant impact on airlines.

Accommodation Industry

Overview

  • Hotels are adapting to new trends and generations.

Key Terminology

  • Affiliated Hotels: Part of a group operated by the same company (e.g., Accor, Marriott).

  • Allotment: Block of rooms at negotiated rates for wholesalers/tour operators.

    • Example: Contiki tours.
  • Average Room Rate: Average price hotel sells rooms for.

  • Back of House: Non-customer-facing staff (kitchen, housekeeping).

  • Front of House: Customer-facing staff (front desk, guest services).

  • Overbooking: Strategy of selling more rooms than available, anticipating no-shows.

Types of Accommodation

  • Variety: Motels, resorts, hostels, eco-hotels, etc.
  • Considerations: Customer needs, travel purpose, budget.

Evolution of Accommodation Sector

  • Started from the 1500s: Registries and guidebooks.
  • 1800s: Resort popularity.
  • 1900s: Business hotels, tourism expansion.
  • 2000s: Rise of eco-friendly and tech-savvy hotels.

Accommodation Trends

  • Seamless Technologies: Automated guest experience.
  • Millennial Travellers: Adaptation to preferences of younger demographics.
  • Wellbeing & Personalization: Offerings tailored to guest needs.
  • Social Media Influence: Impact on bookings and reviews.

Accor Hotel Group

  • Large hotel group with brands like Peppers, Mantra, Art Series, Break Free.
  • Encourage familiarization with brands and offerings.

Conclusion

  • Complete all module activities and prepare for upcoming assessments.
  • Next module focus: Cruise and tour sectors in weeks seven and eight.