Key Terms

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  • Created by: Jordan626
  • Created on: 04-05-15 16:36

Key Terms

  • Domestic Visitor is UK residents taking trips in the UK
  • Inbound Visitor is an overseas visitor visiting the UK
  • Outbound Visitor is a UK resident taking hoildays outside the UK
  • Short Haul is a flight to a destination of less than 4 hours
  • Long Haul is a flight to a destination of more than 4 hours
  • Tourist is a person visiting a place for a short duration
  • Visitor Attraction is a place set up to attract tourists
  • Travel Agent is someone who will book a hoilday for you
  • Tour Operator is a company that organises all the contacts and arrangements for trips
  • An Intangible Product is a product that can't phyiscally be touched.
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Key Terms

  • A Perishable Product is a product that doesn't last
  • Online Bookers are people who want to make use of the internet to book activites they want to do
  • Tailior Made Hoildays are hoildays that are personalised to suit the customers individual needs
  • All Inclusive Hoilday is a hoilday that includes flights, accomodation, food and drink
  • Bed and Breakfast is a small lodging establishment that offers overnight accomodation and Breakfast
  • Seasonality is a pattern of time that repeats in a regular way
  • Shoulder Season relates to travelling between peak season to get a good deal
  • Commercial Organisations is a firm that has a particualr skill
  • Non Commercial Organisations that is not connected to another organisation
  • Independent travellers are travellers who organise their own trip and don't purchase package hoidays
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Key Terms

  • DINKY= Dual Income No Kids Yet
  • ABTA= Association of British Travel Agents
  • AITO= Association of Independent Tour Operators
  • CRS= Computer Reservation System
  • GDS= Global Distribution System
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Key Terms

  • Disposable Income is the amount of money left over from your salary after spending on
  • Gross Domestic Product is the value of goods and service produced by businesses in a country each year. A high GDP means consumers buy lots and the economy flourishes
  • Domestic Toursim is travelling in the same country you live in
  • Vertical Integration is when a company operates across more than one sector
  • Horizontal Integration is when one company buys out another in the same sector
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