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In this tutorial, the speaker introduces a new project called "travel itinerary." Participants are required to create a comprehensive travel plan based on three chosen destinations. The project involves researching and planning airfare between airports, hotel costs, and budgeting for spending money on food, drinks, souvenirs, and activities like museum visits or excursions. The goal is to plan the trip from start to finish. The first assignment component requires participants to compile a list of notes on three to five desired locations for their itinerary.