Confused by Tourism Industry Jargon?
FIT, Voucher, Tariff, FAM tour – you’ve probably heard these terms and others used by industry partners or VCM staff before. Often it can be an alphabet soup of abbreviations and acronyms that, for those of us who use them daily, take for granted.
Below is a list of the most commonly used “industry jargon” that you may already, or will, use when conducting business within the tourism industry.
For those who’ve been around forever (and you know who you are!), use this list as a refresher course or for staff training. If you are relatively new to VCM or to the industry in general, hopefully these will help answer the question “What the heck does that mean”?
Have questions about any of the below or other terms not listed? Feel free to contact Jason Knibbs (Jason@vcmbc.com, 604.484.5363) at any time.
Affinity group: A group of people that share a common hobby, interest, or activity, or that are united through regular participation in shared outings. Also see preformed group.
Block: A number of rooms, seats, or space reserved in advance, usually by wholesalers, tour operators, or receptive operators who intend to sell them as components of tour packages.
Circle itinerary: A travel routing design that overnights in different locations and returns to the point of departure without retracing the travel route.
Commission: A percentage of a travel product’s price that is returned to the distributor when the product is sold. Commissionable tour: A tour available through retail and wholesale travel agencies which provides for a payment of an agreed-upon sales commission to the retailer or wholesale seller.
Complimentary (comps): Items provided free of charge, such as rooms, meals, tickets, airfare, gifts, souvenirs, etc. Comp policy: Arrangements for free tickets, rooms, meals, etc.
Driver-guide: A tour guide who does double duty by driving a vehicle while narrating.
Escorted group tour: A group tour that features a tour director who travels with the group throughout the trip to provide sightseeing commentary and coordinate all group movement and activities.
FAM (familiarization) tour: A free or reduced-rate trip offered to travel professionals to acquaint them with what a destination, attraction, or supplier has to offer.
Frequent/Fully Independent travel (F.I.T.): A custom-designed, prepaid travel package with many individualized arrangements. F.I.T. are unescorted and usually have no formal itinerary.
Fly/drive tour: An F.I.T. package that always includes air travel and a rental car and sometimes other travel components.
Group leader: An individual who has been given the responsibility of coordinating tour and travel arrangements for a group. The group leader may act as a liaison to a tour operator or may develop a tour independently (and sometimes serve as the tour director).
Group rate: A special discounted rate charged by suppliers to groups. Also called tour rate.
Group tour: A travel package for an assembly of travelers that has a common itinerary, travel date, and transportation. Group tours are usually prearranged, prepaid, and include transportation, lodging, dining, and attraction admissions. See also escorted group tour.
Incentive tour: A trip offered as a prize, particularly to stimulate the productivity of employees or sales agents.
Net wholesale rate: A rate usually slightly lower than the wholesale rate, applicable to groups of individuals when a hotel/attraction is specifically mentioned in a tour brochure. The rate is marked up by wholesale sellers of tours to cover distribution and promotion costs.
Packaged travel: A package in combination of two or more types of tour components into a product which is produced, assembled, promoted and sold as a package by a tour operator for an all-inclusive price.
Receptive operator: A local tour company that specializes in services for incoming visitors, often for tour operator groups – ie) JAC Travel or Jonview Canada
Scheduled tour: A tour that’s set in a tour operator’s regular schedule of tour departures and that’s often sold to the general public. Also called public tour or retail tour.
Tariff: (1) Fare or rate from a supplier; (2) Class or type of a fare or rate; (3) Published list of fares or rates from a supplier; (4) Official publication compiling rates or fares and conditions of service.
Tour director/escort: Also called tour manager, tour conductor, and tour escort. The person who is responsible for a group on tour and for most aspects of a tour’s execution.
Tour operator: A person or company that contracts with suppliers to create and/or market a tour and/or subcontract their performance.
Voucher: Documents that are exchanged for goods and service to substantiate payment that will be or already has been made.
For a complete list of frequently used terms and definitions visit:
http://www.ntaonline.com/index.php?s=&url_channel_id=18&url_subchannel_id=&url_article_id=1012&change_well_id=2
For acronyms and abbreviations: http://www.vcmbc.com/page.cfm/9301