Your Travel Biz Source Glossary

GlossaryWelcome to the YTB Source Travel Agent Glossary. Here you will find the definitions to terms and acronyms specific to YTB, as well as those generally used in the travel world. To look up a term simply click the corresponding letter to your left. You may also use the Search feature on the navigation bar. If you can not find the term you are looking for please let us know. Our glossary is constantly growing and we would be happy to research and add any new lingo.

Definitions Filed Under the Letter 'L'

Low Season

The period when a destination has it’s cheapest prices and lowest number of guests.

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Layover

The period of time spent during a trip, while waiting for a transportation connection. This is usually due to a change of plans or bad weather.

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Late Booking Fee

A fee incurred when booking reservations last minute . The fee covers expedited documents.

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Leadership Bonus (YTB)

One thousand dollar bonus paid every time your Power Team increases by six RTA’s

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