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Chapter 4 Travel
Bringing Travelers and Tourism Service Suppliers Together
| Term | Definition |
|---|---|
| Baggage | personal belongings packed in suitcases for traveling; luggage |
| CDC | center for disease control and prevention |
| Duty | a moral or legal obligation; a responsibility |
| Duty Free Port | a designated geographic area, typically located at a port or airport, where goods can be imported, stored, manufactured, or re-exported without paying customs duties or other taxes until they enter the domestic market |
| Dynamic Packaging | the process of creating and selling customized travel packages by combining various travel components like flights, hotels, and car rentals in real-time through a single transaction |
| Embassy | the official residence or offices of an ambassador. |
| Exchange Rate | the value of one currency for the purpose of conversion to another |
| Horizontal Integration | a business strategy where a company acquires or merges with another company that operates at the same level of the supply chain and offers similar products or services |
| Package Tourism | a vacation organized by a travel agent, with arrangements for transportation, accommodations, etc., made at an inclusive price. |
| Passport | an official document issued by a government, certifying the holder's identity and citizenship and entitling them to travel under its protection to and from foreign countries. |
| Tourist Destination | a geographic area, city, or country that attracts visitors for its attractions, culture, natural beauty, or activities |
| VAT | a large tank or tub used to hold liquid, especially in industry. |
| Vertical Integration | a business strategy where a company controls multiple stages of its supply chain, from production to distribution |
| Visa | an endorsement on a passport indicating that the holder is allowed to enter, leave, or stay for a specified period of time in a country |
| World Health Organization | a specialized agency of the United Nations (UN) that leads and coordinates global health activities |