Project Implementation of The BlueSky Tours & Travels

Abstract

The travel and tourism sector of Bangladesh is going to allow new opportunities as people's income improves and they search for better travel services. Nonetheless, the existing agencies also face challenges, including outdated manual systems, high costs, and limited service variety. The Bluesky Tours and Travels set up any modern agency with a complete set of services that fills the gap to benefit both domestic and international travellers. This project is about marketing THE BLUESKY, a one stop shop for ticketing, hotel booking, visa assistance, guided tours, car rentals etc. Promotional strategies will make things affordable for students and families. Targeted campaigns and use of digital branding will also be used to lure Bangladeshi expats and global tourists. The business has a phased investment plan for financial planning. The initial cost includes various expenses for creating the mobile app, setting up the office, establishing partnerships, and marketing online. The company hopes to see a gradual revenue rise through budget travel packages, quality tier-2 and tier-3 city moves, and global airline and hotel partnerships. By managing money properly and reinvesting, the aim is to make double money in 3 years. To ensure reimbursement, systems will be put in place to manage payments for travel packages and track daily transactions, accounting-wise, to ensure transparency in managing expenses. With the help of digital accounting software, the accuracy, efficiency and conformity of financial reporting to industry standards will improve. Regular audits and monitoring will guarantee accountability aside from reducing the risks.