Podcast
Questions and Answers
What is the primary source of revenue for a retail travel agency?
What is the primary source of revenue for a retail travel agency?
What is the two-way selling method used by retail travel agencies?
What is the two-way selling method used by retail travel agencies?
What type of travel agency accumulates different components of tourism services?
What type of travel agency accumulates different components of tourism services?
Study Notes
- A wholesale travel agency accumulates different components of tourism services to design tour packages for catering to the needs of individual travelers and groups.
- A retail travel agency sells its services directly to tourists or travelers at various small locations.
- The primary source of revenue for a retail travel agency is commission which they receive from various service providers.
- A two- way selling method is followed in retail travel agencies.
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Description
Learn about the differences between wholesale and retail travel agencies, including their revenue sources and selling methods.
