HFT 3700 CH.7 EXAM QUESTIONS AND VERIFIED
ANSWERS
Travel Agent - ANSWER A wholesaler who is authorized to represent buyers and sellers of
the travel industry for a commission.
The Tourism Channel Of Distribution - ANSWER is an operating structure, system, or
linkage of various combinations of organizations through which a producer of travel
products describes, sells, or confirms travel arrangements to the buyer
Travel Agency - ANSWER A middleman. A business or person selling the travel industry's
individual parts or a combination of the parts to the consumer
-Firms qualified to arrange for lodging, dining, cruises, tours and other travel elements
In Marketing terms, a travel agent is... - ANSWER an agent middleman acting on behalf of
the client, making arrangements with suppliers of travel and receiving a commission from
the suppliers and/or fee from the client
In legal terms, a travel agency is... - ANSWER an agent of the principle- specifically,
transportation companies. Operates a a legally appointed agent, representing the
principle in a certain geographic region.
OTA's - ANSWER Online Travel Agencies. which provide info and let the customer making
the booking
ARC - ANSWER Airline Reporting Corporation. Premier provider of financial settlement
solutions and data and analytical services for the travel industry.
Changes in Travel Distribution - ANSWER -Advances in technology
-The growth of e-commerce
-Social media
-Smart phones
Impacts of the Travel Industry - ANSWER -9/11
-Fears of severe acute respiratory syndrome (SARS) in 2003
