A contract between a travel agent and a tour or activity operator setting out the terms and conditions for the…
An individual or business entity who has the authority to act on behalf of another individual or entity. In travel,…
Tours or activities that are provided free of charge, usually for promotional or marketing purposes. Comps are most commonly provided…
French term for staff member of a hotel generally responsible for parking, luggage, general guest services, and more recently, recommending…
Acronym for Destination Management Company. A for-profit organization that promotes and sells services in a specific destination. DMCs often work…
Acronym for Global Distribution System is a network operated by a company that enables automated transactions between third parties and…
A person or organization providing local services for tourists in a destination, such as hotel transfers, car rental, and sightseeing.…
The rate at which a tour operator sells their tour or activity to a wholesaler or reseller. This rate is…
Acronym for Online Travel Agency. An OTA is a travel website that specializes in the sale of travel products to…