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How is the wholesaler different from tour operator and local tour operator?

A wholesaler generally has a contract with a hotel group/s with discounted rates which would then be sold only to tour operators (international / local) A tour operator has a contract with hotel group/s with nett rates that they pay to the hotel. The difference between the nett rate and the public advertised rate direct from the hotel is usually used to add extra services and make a package, this package is then sold by a travel agent or to the public direct by the tour operator. if a travel agent sells the package (with or without extras) they usually receive a commission that comes from the difference between the nett rate and the publicly advertised (rack) rate. a local tour operator can be defined as a ground handler, where they hold the contracts with the accommodation establishments, and have their own vehicles (or subcontract vehicles) in order to look after the traveler while in the local country, the local operator would usually have a contract with the hotels group/s locally, would make a package / sell the accommodation outright at a discount to an overseas tour operator / travel agent. if to an overseas tour operator this operator can sell via agents or direct to public, knowing that a local tour operator is there to look after the clients "on the ground" nett rate: rate for tour operators | rack rate: publicly advertised rate from hotel - this rate is also commissionable by travel agents, usually at industry standard 10%


Difference between rate constant and specific rate constant?

There is no difference between them they are same rate constant is another name of specific rate constant


What is the difference between mortality rate and death rate?

mortality rate - death rate


What is one difference between the total fertility rate and the rate of natural increase, and can you describe it?

The main difference between the total fertility rate and the rate of natural increase is that the total fertility rate measures the average number of children a woman is expected to have in her lifetime, while the rate of natural increase calculates the difference between the birth rate and the death rate in a population.


What is nett rate?

Net rate is the rate that is given after all discounts are subtracted from the total sum. It is the final amount the customer has to pay for the goods or services rendered to them.


What is the difference between yield and coupon rate?

The difference between the coupon rate and the required return of a bond is dependent upon the type of bond. Junk bonds will have the biggest difference between its return and the coupon rate.


What is the difference between fix and variable mortgages?

The difference between fixed and variable mortgages are that in a fixed mortgage, the rate can not change. In a variable mortgage, the rate changes with time.


What is the difference between flat rate and reducing rate in banking?

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What is the difference between mortality rates and death rates?

mortality rate - Death Rate


What is the difference between rate of change and slope?

Slope is blah. Rate of change is blah.


What is the difference between a unit rate and rate?

A rate is something that happens frequently, while a unit rate is an individual digit.


Does the tea cool at a constant rate?

The rate that tea cools will change with the temperature difference between the tea and the ambient temperature. The larger the difference between the two, the faster the rate will be. As the tea cools closer to room temp, the rate of cooling will decrease.