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Chapter 4: Travel

Bringing Travellers and Tourism Service Suppliers Together

TermDefinition
Baggage personal belongings packed in suitcases for traveling; luggage.
CDC the United States' national public health agency
Duty a payment levied on the import, export, manufacture, or sale of goods.
Duty Free Port a designated area, often near a seaport or airport, where imported goods can be stored, handled, and re-exported without the usual customs duties and taxes.
Dynamic Packaging a method of creating customized travel packages by combining multiple components like flights, hotels, and car rentals based on customer selections.
Embassy the official headquarters of a country's diplomats in a foreign country, led by an ambassador.
Exchange Rate the value of one currency for the purpose of conversion to another.
Horizontal Integration when a company acquires or merges with another company operating at the same level of the supply chain and in the same industry
Package Tourism a pre-arranged travel deal that combines two or more travel components, such as transportation and accommodation, sold for a single, fixed 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 place, such as a city, town, or country, that people travel to for leisure, recreation, or cultural experiences.
VAT an indirect consumption tax levied on a product or service at each stage of its production and distribution
Vertical Integration the combination in one company of two or more stages of production normally operated by separate companies.
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 focused on public health.
Created by: Sbowers26
 

 



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