Page 184 - Specialised First Foreign Language 2

Responsible tourism: Type of tourism which is practised
by tourists who make responsible choices when choosing
their holidays. These choices reflect reponsible attitudes to

the limiting of the extent of the sociological and
environmental impacts their holiday may cause.

Restoration: Returning existing habitats to a known past
state, or to an approximation of the natural condition,
through repairing degradation, removing introduced
species, and revegetating using native locally occurring

species.

retailer: (1) travel agents or (2) one who sells directly to
the consumer

Revenue expenditure: The cost of resources consumed or
used up in the process of generating revenue, generally

referred to as expenses.

Revenue management: Revenue management is a
management approach to optimising revenue, often based
on managing revenues around capacity and timing (yield
management), for different market segments or from
different sources of funding.

risk monies: funds that an agency would not recoup

should a tour not take place, such as nonrefundable
deposits, promotional expenses, and printing costs

room rates: day rate: usually one-half the regular rate for
a room during the day up to 5 pm; flat rate: a specific room
rate for a group agreed upon by the hotel/group in

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