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Ch 1 introduction
tourism & hospiality
| Term | Definition |
|---|---|
| . Airbnb Host | An Airbnb host is an individual who rents out their property, or part of it, to guests via the Airbnb platform. |
| 2. Ancillary Products | Instead of offering discounts or price reductions, businesses use ancillary products to incentivize customers to buy the main product. |
| 3. Ancillary Revenue Manager | Ancillary revenue is the income generated from goods or services that are supplementary to a company's primary offerings. |
| 4. Authenticity | The meaning of AUTHENTICITY is the quality of being authentic : the quality of being authoritative, valid, true, real, or genuine. |
| 5. Business Travel | Business travel is any trip taken for work-related purposes that requires an employee to travel away from their normal place of work, excluding daily commuting and personal vacations. |
| 6. Corporate Travel | Corporate Travel (commonly referred to as Business Travel) refers to travel made by employees for professional reasons, such as meeting clients, going to conferences, or inspecting a site, in which costs are borne by the organization. |
| 7. Events | something that happens or is regarded as happening; an occurrence, especially one of some importance. See examples of event used in a sentence. |
| 8. Globalization | Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. |
| 9. Grand Tour Era | The Grand Tour was a traditional educational trip, usually taken by upper-class young men through Europe, especially Italy and France. In Art History II, it connects travel, classical art, and the rise of Neoclassical taste. |
| 10. Hospitality | The meaning of HOSPITALITY is hospitable treatment, reception, or disposition. |
| 11. Incentive Travel | Let's start with incentive travel meaning: Incentive travel is the use of an all-expenses-paid trip to reward and motivate employees or channel partners for achieving specific business goals. |
| 12. Influencer Marketing | Influencer marketing is a strategy where brands collaborate with individuals who have a strong online presence to promote products or services and influence their audience’s purchasing decisions. |
| 13. Leisure Travel | Leisure travel is travel taken for personal enjoyment, relaxation, or recreation, funded and scheduled by the traveler rather than an employer. |
| 14. Niche Tourism | Niche tourism is a focused form of tourism that targets small, specialized market segments by offering travel experiences built around specific interests, activities, or passions, rather than general sightseeing. |
| 15. Online Travel Agent | compare, and book hotels, flights, car rentals, and activities in one place, acting as an intermediary between travelers and travel providers. |
| 16. Package Vacation/Holiday | a trip where you buy multiple travel services together from a single tour operator or travel agent instead of booking them all separately. |
| 17. Peak Time | Peak time means the busiest period of the day when the greatest number of people use a service, utility, or transport system at the same time. |
| 18. Sustainability Consultant | sustainability consultant is a professional advisor who helps businesses and organizations operate in an environmentally and socially responsible way while maintaining financial health. |
| 19. Thomas Cook | Thomas Cook was a pioneering English businessman who invented the modern package holiday and founded the world-renowned Thomas Cook travel company. |
| 20. Tourism | Tourism means the practice of traveling for recreation, relaxation, or pleasure outside of your usual environment, as well as the business industry that provides services for these travelers. |
| 21. Travel Insurance Broker | A travel insurance broker is a licensed professional who acts as an independent middleman between you and various insurance companies to help you find and buy the best travel coverage for your specific trip. |
| 22. VFR Travel | VFR travel stands for Visiting Friends and Relatives, referring to a major category of tourism and travel where the primary purpose of a trip is to socialise, reunite, or stay with personal connections rather than traditional leisure or business. |