Question

In: Accounting

Explain the difference between a tour wholesaler and a travel agent.

Explain the difference between a tour wholesaler and a travel agent.

Solutions

Expert Solution

This is a good assignment question. Ask your students to research the differences between tour wholesalers and travel agents. For example, tour wholesalers assemble travel packages usually targeted at the leisure market. These generally include transportation and accommodations but may also include meals, ground transportation, and entertainment. Retail travel agents sell these packages that are put together a tour wholesaler. The tour wholesaler has to provide a commission for the travel agent and give consumers a package that is perceived to be a better value than what they could arrange on their own.


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