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Requirements

What we need from you…

As an international wholesaler, our clients consist of major tour operators, distributors and re-sellers. In line with this business model, we must be able to confirm and guarantee rates and availability instantly. So here’s what we will need from you to move forward:

Competitive Rates: If you already have an FIT rate structure, be sure that we have at least rate parity with our competitors. Unfavorable rates simply will not sell. If you are not familiar with this segment, it is typical to provide a rate that is 30% or greater discount from your BAR or published rate. This will allow both Tourico Holidays and our client re-sellers to go to market with a competitive rate.

Allotment: Your distribution will be strictly online through Tourico Holidays, so an allotment of rooms is necessary to feature your property. These will be released back to you anywhere from 1 to 7 days. Rooms that we sell from allotment will be instantly confirmed and guaranteed to our clients. You will be able to manage this allotment through the Extranet.

Release or Cut Off period: The release period; typically 1-7 days, is the period at which Tourico Holidays ‘releases’ the allotment of rooms from our bed bank back to the hotel’s inventory. Inventory with a 0-3 day cut off enjoy greater sales volume.

Billing Privileges: As a business-to-business wholesaler, our clients rely on billing privileges with us, so we ask the same of you. We require net 30 days from check out terms. Our global credit references and more information regarding security can be viewed here. All 15,000 of our hotel partners have approved us for direct billing. Tourico Holidays does not work on a pre-pay basis.

Electronic, Paperless Processing: Tourico Holidays strives to be a paperless operation, and accordingly asks you to accept new bookings via email, and to process inventory exclusively via our extranet. To send payment requests, you will need to use our Payment Template, which can be downloaded from here. For more information on our paperless initiatives, please click here.