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?
- Tour packages
- Commissions (correct)
- Service providers
- Individual travelers
What is the two-way selling method used by retail travel agencies?
What is the two-way selling method used by retail travel agencies?
- Selling services to tourists and service providers (correct)
- Selling services to tourists and groups
- Selling services to service providers and groups
- Selling services to tourists and individual travelers
What type of travel agency accumulates different components of tourism services?
What type of travel agency accumulates different components of tourism services?
- Retail
- Wholesale (correct)
- Individual
- Group
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.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
Test your knowledge about the different types of travel agencies and their operations with this quiz. Learn about wholesale and retail travel agencies, their revenue sources, and selling methods.