The purpose of this PURE glossary is to provide an accessible dictionary of assessment-related terms for use by a non-technical, lay audience. The intention of the glossary is to offer definitions for “technical terms” or “specialized jargon” in a way that might be readily understood by those who have not studied in the field or have not developed expertise through work experience in the field.
Bundling ( Package Tour )
According to Wikipedia a package tour or package holiday comprises transport and accommodation advertised and sold together by a vendor known as a tour operator. Other services may be provided such a rental car, activities or outings during the holiday. Transport can be via charter airline to a foreign country, and may also include travel between areas as part of the holiday. Package holidays are a form of product bundling.
- Central Reservation System refers to Hotel Reservation System
- Crowdfunding is the practice of funding a project or venture by raising monetary contributions from a large number of people, typically via the internet
- A Global Distribution System (GDS) is a network operated by a company that enables automated transactions between third parties and booking agents in order to provide travel-related services to the end consumers. A GDS can link services, rates and bookings consolidating products and services across all three travel sectors: i.e., airline reservations, hotel reservations, car rentals, and activities.
- An Internet Booking Engine (IBE) is an application which assists the travel and tourism industry support reservations through the Internet
- IDS (Internet Distribution Systems) enables any of us with access to the World Wide Web, the ability to become their own travel agent. Over the years, millions of reservations for air, lodging, and auto have been made and paid for by you, the consumer, via GDS and the IDS channels.
- An Online Travel Agency (OTA). A travel website is a website on the world wide web that is dedicated to travel.
- Passenger or passengers. This usage is common among travel agents.
- In some contexts, especially in charters and group sales, the term is used to refer specifically to paying passengers, as opposed to those who are traveling on a tour conductor pass or other complimentary fare.
- A Property Management Systems (PMS) under business terms may be used in real estate, manufacturing, logistics, intellectual property, government or hospitality accommodation management.
- A situation in which a travel supplier, such as a hotel, maintains the same price across all its various distribution channels.
- Revenue Per Available Room is the total guest room revenue divided by the total number of available rooms. RevPAR differs from ADR because RevPAR is affected by the amount of unoccupied available rooms, while ADR shows only the average rate of rooms actually sold.