Term used to refer to any tour that is available in a brochure or through other media. In the USA,…
A contract between a travel agent and a tour or activity operator setting out the terms and conditions for the…
The process of allocating and controlling inventory pricing and availability to various sales channels. Managing inventory pricing and availability are…
A negotiated rate for a party, event, convention, or other organized group. The group rate is not publicly available and…
Local Expert is the ground transportation and in-destination activities brand of Expedia. Expedia Local Expert consists of two main business…
Acronym for Online Travel Agency. An OTA is a travel website that specializes in the sale of travel products to…
Reservation of more seats by a tour operator than are actually available, sometimes done deliberately to compensate for anticipated no…
Viator is a marketplace for tours, activities, and attractions. Founded in 1999, it is also one of the oldest on-line…
The concepts and techniques concerning the maximization of profit or revenue as well as the development of systems to best…