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Glossary C

Glossary C

The travel glossary. Letter C +++ Popular Articles: 'Community', 'Charlie', 'Collateral'

Commerce and Finance

Deutsch: Handel und Finanzen im Reise- und Tourismussektor / Español: Comercio y finanzas en el sector de viajes y turismo / Português: Comércio e finanças no setor de viagens e turismo / Français: Commerce et finance dans le secteur du voyage et du tourisme / Italiano: Commercio e finanza nel settore dei viaggi e del turismo

The intersection of Commerce and Finance with travel and tourism forms a complex ecosystem that drives global economic activity. This sector relies on seamless financial transactions, strategic investments, and commercial partnerships to facilitate movement, accommodation, and experiences for travelers. Understanding its mechanisms is essential for stakeholders ranging from multinational corporations to local service providers.

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Commercial Agency

Commercial Agency  is a Travel agency that specialises in commercial Business and usually has little or no walk-in clientele

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Commercial Hotel

Commercial Hotel  is also known as a Transient Hotel.

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Commis du Rang

Commis du Rang  is the employee who assists the Chef du Rang in a restaurant.

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Commissary

Commissary is the (1) A centralised servicing area for mobile food service units.
(2) A central food production area from which food is transported to individual outlets for final.

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Commission

Deutsch: Provision / Español: Comisión / Português: Comissão / Français: Commission / Italiano: Commissione /

A Commission is a percentage of a travel product's price that is returned to the distributor when the Product is sold.

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Commission cap

Commission cap is the limit placed on Commissions paid to Travel agents for the sale of air tickets, regardless of their price; designed to allow airlines to increase their profits at

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Commissionable tour

Commissionable tour  is 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

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