Business plan for the Tourism industry of Oman

Number of Words : 5339

Number of References : 6

Assignment Key : MT-18814

Contents

  • Content for this assignmentExecutive Summary 2
  • Content for this assignmentBusiness Details 3
  • Content for this assignmentBusiness Name & Address 3
  • Content for this assignmentBusiness Form 3
  • Content for this assignmentProducts and Services Offered 3
  • Content for this assignmentVision 4
  • Content for this assignmentMission Statement 4
  • Content for this assignmentAims 4
  • Content for this assignmentObjectives 5
  • Content for this assignmentIndustry and Market Analysis 5
  • Content for this assignmentIndustry Overview 5
  • Content for this assignmentPorter’s Five Forces Model 7
  • Content for this assignmentMarket Segments 8
  • Content for this assignmentCompetitor Analysis 9
  • Content for this assignmentCustomers and Value Proposition 10
  • Content for this assignmentMarket Entry & Growth Strategy 11
  • Content for this assignmentOperations Plan 16
  • Content for this assignmentManagement Team and Company Structure 16
  • Content for this assignmentResources 18
  • Content for this assignmentFinancial Projections 20
  • Content for this assignmentRisks and Strategic options 21
  • Content for this assignmentKey Milestones 22
  • Content for this assignmentReferences 23
  • Content for this assignmentAppendices - Financial Projections 24
  • Content for this assignmentAppendix 1. Start-Up Cost 24
  • Content for this assignmentAppendix 2. Profit and Loss Forecast 25
  • Content for this assignmentAppendix 3. Projected Cash Flow Analysis 26
  • Content for this assignmentAppendix 4. Projected Balance Sheet 27

Description

Tourism is one of the fastest growing industries in Oman. Oman has soft sand beaches and long coast lines along with deserts and caves, which makes the country a country with diverse attractions. There are several activities, which people can opt for in marine touring such as snorkeling, boating and scuba diving. Oman has seen around 2 million visitor in the year 2011 and the country estimates the numbers of tourists visiting Oman would reach around 20 million by the end of 2020 (Euromonitor International, 2012). The various landscape of marine, desert and caves all in one country attracts the consumers to consider this country for holiday. The deserts and caves provide the tourists unique experience and the marine tours is very interesting since the average water visibility in Oman is 20-30 meters, which enables people to watch the different species of turtles living over 100 years. Oman’s diversity in landscape from plain desert and sandy beaches to high mountains makes all possible outdoor activities such as camel –trekking, wadi-bashing and one can also spot fertile land of lush green valleys in some part of Oman. Thus, tourism industry has significant scope in Oman. Mr. Sheikh plans to start his new business to take advantage of this opportunity ad start with a touring company, which would include taking the tourists to various marine attractions, desert and cave attractions. He already has some resources and would purchase the rest. He has a significant amount of experience in tourism industry at various levels, which has enabled him to start the business. ABC Tours aims to provide the best holiday experience to all the people by having different tour packages to choose from along with the customized tour offer.

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