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
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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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