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Depends on what type of subsidiary you are taking about. If a parent travel agency has subsidiaries it may be to limit liability ie one office can go bankrupt without effective the other branches, to market different branches ie student, budget, senior etc
But a travel agency might be a subsidiary of a wholesale company, consolidator. For example, most tickets especially if they are not fully priced (ie the price that you see on the airline's webpage) are not bought by a travel agency directly from an airline but are bought via a ticket wholesaler or what they call a consolidator who sells tickets for the airlines to other travel agencies.
What else can I help you with?
Components in travel and tourism industry?
Components of travel and tourism we mean the different parts of the industry that provides travel and tourism products and services. -Perky-
What are the eight components of tourism?
Transportation Food and Beverages Events travel services accomodations attractions Adventure Tourism and outdoor Recreation Tourism services
What is an example of a service industry?
* Financial services * Maid service * Restaurants * Hospitality occupations * Lawn care, landscape and gardening services * Tourism (travel agencies) * Advertising Services * Housekeeping
What are the negative obstacles that prevent tourism development in Angola?
Insecurity in Angola and the foreign travel advisory are the negative obstacles that prevent tourism development in Angola. Poaching is also leading to a decline in tourism.
What is travel and tourism management?
Travel and tourism management involves the planning, development, and administration of services related to travel and tourism industries. It encompasses a range of activities, including marketing, customer service, hospitality management, and the coordination of travel logistics. Professionals in this field work to enhance the overall travel experience for tourists while ensuring sustainable practices and economic viability for destinations. The goal is to create enjoyable, safe, and memorable experiences for travelers while supporting local economies.
What the meaning about travel agent?
A travel agent is a person who provides tourism and travel services to others. Such services include car rentals, airlines, hotels, accommodation and so much more.
Why is the hotel considered the backbone of the tourism industry?
Hotel is considered as the backbone of tourism industry because hotel services are provided with the travel sevices .Moreover hotels could accumulate more income than travel services as travellers can't just travel and travel they also need to stay at a place.
What is the categories of tourism development?
hiii , hmmm they are travel, tours and travel ,vacation rentals, cruise travel, air travel, hotels and resorts, travel and leisure and so on.
Who owns Kuoni?
As of my last update in October 2023, Kuoni is owned by the multinational travel company, DER Touristik Group, which is part of the REWE Group, a German retail and tourism cooperative. Kuoni, originally a Swiss company, was acquired by DER Touristik in 2019, and it operates as a subsidiary within the group, focusing on premium travel services.
What is the importance of travel services?
Tourism provides goods or services to facilitate business, pleasure and leisure activities away from the home environment. It is one of the fastest growing industry in the world. Travel agencies provide conveyance, accommodation, and admission to entertainment activities to individuals and groups scheduling trips. They offer advice on destinations, plan trip itineraries, and make travel arrangements for clients. They play a crucial role in the development and flourishment of tourism industry. But there are many factors which influence the efficiency of travel agencies. In this study analyses various factors influencing the efficiency of travel agencies as well as their role in promotion of tourism industry.
What 2 industries were boosted by the development of airplanes and other motor vehicles?
The development of airplanes and other motor vehicles significantly boosted the transportation and tourism industries. The transportation industry expanded due to improved logistics and freight services, facilitating global trade and movement of goods. Meanwhile, the tourism industry flourished as air travel made distant destinations accessible, leading to an increase in travel and leisure activities.
Is there a travel agency in New York that specializes in Caribbean vacation rentals?
There are several travel agencies in New York that specialize in Caribbean vacations. These travel agencies include Affordable Adventures Ltd, Aruba Tourism, Bermuda Department of Tourism, MAS Travel Services, and Seabreeze Travel.
