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U nit VIII. Travel trade

  1. Read and learn the following words and word combinations:

travel trade sector – сектор туристичного продажу

b ooking, syn. reservation [ˌrezəˈveɪʃn] бронювання, попереднє замовлення

all-encompassing [ɪnˈkʌmpəsɪŋ] який включає все

tour package, syn. travel package [tʊə(r) ˈpækɪdʒ] турпакет

single [ˈsɪŋɡl] одиночний, єдиний

arm [ɑːm] відгалуження, гілка

travel agency [ˈeɪdʒənsi] турагенство

wholesale [ˈhəʊlseɪl] оптова торгівля

wholesaler [ˈhəʊlseɪlə(r)] оптовий торговець, оптовик

tour operator [ˈɒpəreɪtə(r)] туроператор

business traveller - подорожуючий у справах

pleasure traveller [ˈpleʒə(r)] подорожуючий заради задоволення

sweeping [ˈswiːpɪŋ] масштабний, широкий

direct contact [daɪˈrekt] безпосередній (прямий) контакт

intranet exchange [ˈɪntrənet] обмін в мережі інтранет

e -commerce [ˈkɒmɜːs] електронна комерція

billing [ˈbɪlɪŋ] оформлення рахунків

to enter [ˈentə(r)] входити, вступати у

alliance [əˈlaɪəns] альянс

consortium [kənˈsɔːtiəm] консорціум

shared [ʃeə(r)d] спільний, загальний

all-inclusive [ɪnˈkluːsɪv] комплексний, ол-інклюзив

to encourage [ɪnˈkʌrɪdʒ] заохочувати

incentive [ɪnˈsentɪv] стимул, спонука

convention-related [kənˈvenʃn] пов'язаний з конвенцією

to be affiliated with [əˈfɪlieɪtɪd] бути співробітником

motor coach line [ˈməʊtə(r) kəʊtʃ] компанія комфортабельних автобусів

to pass on - передавати

percentage [pəˈsentɪdʒ] відсоток, відсотковий вміст, комісійна винагорода

edge [edʒ] перевага

consolidation [kənˈsɒlɪdeɪʃn] об’єднання

underlying [ˌʌndəˈlaɪɪŋ] що лежить в основі

cause [kɔːz] мотив, причина

in advance [ədˈvɑːns] завчасно

t o do a research [rɪˈsɜːtʃ] проводити дослідження

  1. Read and translate the following text: Travel Trade

T he travel trade sector supports the bookings and sales in other sectors. The people that work in the travel trade make reservations for accommodations, tours, transportation, food and beverage and/or for attractions. These bookings can be in the form of an all-encompassing tour package or a single booking for a single traveller.

There are two subcategories in the travel trade sector. The first is the retail arm of the industry, made up of travel agencies. The second is the wholesale side, made up of tour operators, who sell to travel agencies.

Retail Travel Agencies sell travel packages as well as individual travel components, such as airline tickets, car rentals and hotel reservations. They sell directly to the public, to both business and pleasure travellers. There are numerous travel agencies in any city. However, as a result of sweeping technological changes to the way that products are being developed and delivered without direct contact with a travel agency, such as ticketless travel, web marketing pages, intranet exchange and e-commerce which allows for electronic billing and payment, many small travel agencies are entering alliances with other agencies or with large agency consortiums. This allows to increase buying power through shared purchases of technology, management systems and training. It also means there are fewer independent operators each year.

Tour operators and wholesalers develop and package tours to sell to the retail trade, i.e. travel agencies. Often these tours are all-inclusive (that is, they include all travel, accommodation, meals, and entertainment) and are marketed to encourage specific markets to buy, e.g. employee incentive travel. They may be convention-related or of special interest, such as theatre, sports or bird watching tours.

Some tour operators specialize in tours to international destinations; others focus on groups coming into their country. Tour operators work independently, or are affiliated with an airline, motor coach line or other travel related business. They usually receive a discount from accommodations, transportation companies and attractions and pass on a percentage of that discount to the retail agents. Tour wholesalers respond to change in the industry by developing new and unique products that have a competitive edge in price, value and variety.

B oth retail and wholesale operations employ many people in a variety of positions. This is a competitive industry and new regulations, industry consolidation and new packages to new destinations keep those who work in this sector busy and challenged. Besides, working in the industry is fun for those, who enjoy the benefits of travel trade tourism – a recreational, leisurely kind of travel whose underlying cause is business interest or purpose. A travel trade tourist plans to visit a place in advance after doing research on what goods he can trade as a result of visiting an area. That sounds great, doesn’t it?