RICHARD COX Flashcards
FOUNDED COX N KINGS 1758 (19 cards)
RICHARD COX
COX N KINGS 1758
COX N KINGS
-APPEARED IN TRAVEL AGENCY BUISNESS
250th anni in 2008
LOOOONGEST ESTABLISHED TRAVEL COMPANY IN WORLD
Known for millitary agent services and steamships s
started to sale travel related services
grand tour
1670 FOR ED PURPOSES
TRAVEL TO TOURISM
UNDERTAKEN PLEASURE AND DIFFERENTIATING WORK AND LEISURE
JEENA AND CO
1920
JEENA N CO
1ST TRAVEL AGENCY ORGANISED GROUP TOURS ABROAD AND IN INDIA
TAAI
1951
TAAI
TRAVEL AGENT ASSOCIATION INDIA
FORMED TO OGANISE TRAVEL TRADES
JEENA AND CO + 2 OTHER TA’S
1961
TRAVEL COOPORATION OF INDIA LTD
MAIN FEATURES OF TRAVEL AGENCIES
🔗 IMP LINK btw clients n principal suppliers
🖼️ image builder
📜✅ provider of authentic and reliable info (travl related)
👩❤️💋👩estab good rs w clients n vendors
private sector
plays imp role in developing and promoting tourism in t he country
travel agency
A travel agency is a retail business that sells travel-related products and services (e.g., tickets, accommodation, packages).
Acts as a middleman between traveler and service provider.
retail and whole sale
Retail Travel Agency sells travel services directly to customers on b
ehalf of suppliers and earns commission, which is its main income.
Wholesale Travel Agency buys travel services in bulk, creates tour packages, and earns profit through volume discounts from suppliers.
types of travel agency
retail
and wholesle
tour operators
A Tour Operator plans, prepares, and sells tour packages that include transport, stay, meals, and sightseeing, earning profit by managing costs and selling at a margin.
Types include Inbound (foreigners visiting India), Outbound (Indians traveling abroad), Domestic (Indians touring within India), and Ground Operators (local agents handling arrangements at destinations).
Historical Background of the Travel Industry
Travel started in ancient times for trade, pilgrimage, and exploration. In the 17th century, the Grand Tour was popular among European elites for education.
The real shift to organized tourism began in 1841, when Thomas Cook launched the first package tour—laying the foundation of the modern travel industry.
organized travel emerged, later developing in India post-1920s.
Thomas Cook’s Role
Thomas Cook is known as the Father of the Travel Agency Business.
In 1841, he organized a group tour by train, marking the first packaged tour.
By 1855, he even started international tours, making travel affordable and organized for the public.
Concept of Travel Business with Indian Examples (3 Marks):
The travel business means selling travel experiences by combining services like transport, stay, and sightseeing. In India, companies like MakeMyTrip or Cox & Kings create packages for destinations like Kerala, Ladakh, or Goa, handling everything from booking to logistics.
