Glossary of terms in the hospitality & tourism
The most important terms and abbreviations in hospitality & tourism from A – Z
In my individual glossary for the hotel and tourism industry, I share a personal selection of 300 terms and abbreviations from the world of travel. These include aspects of airlines, travel agencies, hotels and other tourism service providers that I have found particularly important in the industry over the years. The list is my subjective collection of terms and does not claim to be exhaustive, but offers an insight into the key terms used in the tourism industry.
There are currently 16 names in this directory beginning with the letter T.
T
Total revenue per available room (TrevPAR)
a hotel key performance indicator (KPI) that gives a preview of the total revenue from all departments which the room can generate, including all hotel services.
Tour Guide
a person qualified (and often certified) to conduct tours of specific locations or attractions.
Tour Manager
a person in charge to escort a group of tourists, usually for the duration of the entire trip.
Tour Operator (TO)
a company which creates and markets inclusive tours and subcontracts with suppliers to create a package. Most tour operators sell through travel agents.
Tourism
the business of providing services, such as transportation, places to stay, or entertainment for tourists.
Tourism Expenditure
Tourism expenditure refers to the amount paid for the acquisition of consumption goods and services, as well as valuables, for own use or to give away, for and during tourism trips.
Tourism Industries
comprise all establishments for which the principal activity is a tourism characteristic activity.
Tourism Product
a combination of tangible and intangible elements, such as natural, cultural and man-made resources, attractions, facilities, services and activities around a specific center of interest.
Tourism Satellite Account
a system of accounting at national or regional level which reveals the total direct impact of tourism on the economy.
Tourist (or overnight visitor)
a visitor (domestic, inbound or outbound) is classified as a tourist (or overnight visitor), if the trip includes an overnight stay.
Transient Business
Guests who book their hotel individually rather than with a group and for shorts stays
Travel Agent (TA)
a business arranging travel for individuals or groups on behalf of suppliers (e.g. hotels, airlines, car rentals, cruise lines, package tours, railways, travel insurance, etc.).
