Tuesday, October 4, 2011

Glossary for Hospitality


Tariff - Rate of fare quoted and published by a travel industry supplier (i.e. hotels, tour
operators, etc.) Usually an annual tariff is produced in booklet form for use in sales calls at trade shows. 

TIA - Travel Industry Association of America. 

TOT - Transient Occupancy Tax. 

Tour Operator - Develops, markets and operates group travel programs that provide a
complete travel experience for one price and includes transportation (airline, rail,  and/or ship), accommodations, sightseeing, selected meals and an escort. Tour operators market directly to the consumer, through travel agents and are beginning to be listed on computerized reservation systems. 

Tour Wholesaler - An individual or company that sells tour packages and tour product to
travel agents. Tour wholesalers usually receive a 20% discount from accommodations,