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Travel & Tourism Industry Glossary  :  Contract Pricing

Pricing created specifically for a partner that is reselling a tour or activity.  If the business offering the contract price is reselling the tour or activity, then the contract price is set somewhere between the net rate and the regular retail rate of the tour or activity.  This allows the partner to receive a discount off of the retail rate but still allows the business to make a margin over the net rate.

For businesses that are offering the tour or activity, a net rate may be sufficient in working with a partner.  In this case, contract pricing may not be specifically necessary and can be assumed to be net rate pricing.

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