Glossary

Term

Definition

Online Travel Agencies(OTAs, or resellers)

Organizations which sell tours & attractions over the world-wide web.

Operator /Supplier

Organizations which provide access to tours & attractions. This term may be used to reference a single tour operator, or a reservation system servicing multiple tour operators.

Product

A tour or activity provided by a Supplier.

Rate

A specific Product Offering

Price

The price at which a Rate is an offer, for a specific currency and Traveler Type.

Traveler

A customer of a Supplier.

Booking

A collection of booked Rates and Travelers


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