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Tour & Activity Industry Terms

What is Accessible Tourism? Accessible tourism enables people with access requirements, including mobility, vision, hearing and cognitive dimensions of access,…

What is an Acquiring Bank? An acquiring bank is a financial institution that provides merchant accounts and processes credit card…

What is an Add-on? Optional tour features that are not included in the base tour price, such as meals, upgrades,…

What is an Agent? An individual or business entity who has the authority to act on behalf of another individual…

What is an Airport Transfer? Also known as hotel transfer or airport shuttle. An airport transfer is a regularly scheduled…

What is an API? Acronym for Application Programming Interface.  A method for two different applications or systems to communicate with…

What is a Base Currency? For currency conversions, it is the first currency in a currency pair.  For pricing, it…

What is Channel Management? The process of allocating and controlling inventory pricing and availability to various sales channels. Managing inventory…