Glossary.

The words of the trade, and the words we use.

66 terms from travel distribution, operations and finance, plus the handful TripOS adds. Each one in two sentences, with what it means on TripOS where that differs.

All 66 terms, A to Z

A

Agent (AI)

A component of the AI workforce that drafts a specific kind of work from the record: a summary, a quote, a reply, a reconciliation. On TripOS there are fourteen.

Agents draft; a person approves anything a customer or supplier sees.
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AI workforce

The fourteen agents on TripOS: AI Sales, AI Lead Qualification, AI Follow-up, AI Quotation, AI Itinerary, AI Marketing, AI Lead Generation, AI Operations, AI Automation, AI Finance, AI Customer Success, AI Customer Assistant, AI Management and AI Analytics.

Included from the Growth plan; each agent works inside a scope you set.
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Allotment

A block of rooms or seats a supplier holds for you under a contract, usually per night or per departure, until a release date.

Inventory counts allotments down as bookings confirm and releases unsold units back on the contract date.
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Approval

The step where a named person reviews a draft and sends it, edits it or rejects it. Nothing customer-facing leaves TripOS without one.

Approvals are logged with the person, the time and the edits; the median on the platform is forty seconds.
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B

B2B portal

A login for trade partners (agents, sub-agents, corporates) to see their own rate card, availability and bookings instead of emailing for them.

The DMC layouts carry a partner login in the header; agents see rate cards, bookings and statements.
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Bed bank

A wholesaler that contracts hotel rooms in bulk and sells them to agents and OTAs through an API, usually at net rates with a markup added by the seller.

Bed banks appear as connected supply; your contracted rate for the same hotel is preferred by default.
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Blackout dates

Dates on which a contracted rate or allotment does not apply, typically festivals, peak weeks and events.

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Booking

A confirmed sale of a service, with travellers, dates, supplier confirmations, payments and documents attached.

The Bookings module holds status, travellers and supplier confirmations on the record.
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Brand record

The small record that holds a business's name, theme, layout, two colours, products and style options, and from which every surface on TripOS re-skins.

Saved in the browser before sign-up and in the workspace after; documented in the developer handoff.
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BSP

Billing and Settlement Plan, IATA's system through which accredited agents report and settle airline ticket sales.

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C

Chargeback

A card payment reversed by the cardholder's bank after a dispute. The merchant must answer with evidence or lose the amount.

Disputes are yours to answer; TripOS gives you the record, the quote link history and the receipts to do it.
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Commission

The percentage a supplier pays the seller for a booking, as opposed to a markup the seller adds to a net rate.

Commission and markup are both recorded on the quote so margin is right whichever model the supplier uses.
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Connected supply

The older name for TripOS Supply: live partner inventory switched on next to your own contracts.

Older help articles and release notes still use it. In the product it is TripOS Supply.
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Consolidator

A wholesaler of airline tickets that lets non-IATA agents issue tickets through its accreditation, for a fee or a share of commission.

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Contracted rate

A price you negotiated directly with a supplier, with its season, room type, allotment, release date and cancellation rule.

Loaded into Inventory by hand or with the importer; preferred over connected supply for the same service.
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D

DMC

Destination management company: a business that provides ground services in a destination (hotels, transfers, guides, excursions) to tour operators and agents from elsewhere.

The DMC theme has three layouts built around a partner portal and a catalogue-led page.
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Draft

What an agent produces: a quote with priced lines, a reply, a follow-up, a reconciliation. A draft is never sent on its own.

Every draft carries its sources, so a quote line can be traced to the rate it came from.
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Dynamic packaging

Assembling a trip from live components (flight, hotel, transfer, activity) at the time of search, priced together, rather than selling a fixed package.

The Commerce module prices components from Inventory and connected supply; AI Quotation does the assembly as a draft.
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E

Escorted tour

A group tour led by a guide or tour manager for the whole trip, sold as a fixed departure with a set itinerary.

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F

FIT

Free independent traveller: a trip tailored for one party rather than a group departure, usually priced from components.

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G

GDS

Global distribution system (Amadeus, Sabre, Travelport): the networks through which airlines, hotels and car companies distribute inventory to agents.

GDS access on TripOS comes through certified partners as connected supply, not a direct GDS contract.
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GIT

Group inclusive tour: a trip sold to a group at a group rate, usually with minimum numbers and a tour leader.

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GSTIN

Goods and Services Tax Identification Number, the fifteen-character registration every GST-registered business in India has.

Both GSTINs appear on every TripOS invoice, with the SAC code and the tax split.
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H

Hosted departure

A fixed-date group trip a travel creator fills from their audience and travels with, sold and operated by a licensed operator of record with the creator earning a margin per seat.

The Creator theme puts the next hosted departure under the reel it came from; the departure record carries seats, deposits, minimums and the operator.
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I

IATA

International Air Transport Association; IATA accreditation lets an agency issue airline tickets and settle through BSP.

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Inbox

The one place where email, WhatsApp, SMS, the website form and the app conversations arrive, each becoming or joining a record with an owner.

Routing rules assign owners; AI Sales summarises the enquiry at the top.
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Invoice

The tax document for a sale. In India it must carry both GSTINs where applicable, the SAC code and the tax split; in the Gulf and EU, the VAT details.

Finance issues invoices from the record; reissues with a corrected GSTIN are a one-click request.
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Itinerary

The day-by-day plan of a trip: where the traveller is, what is booked, who to call. Usually the document the customer values most.

AI Itinerary builds the days from the accepted quote; the traveller sees it in the app, offline.
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L

Layout

One of twenty-one reference-faithful storefront designs on TripOS, up to three per theme, each an opinion about how that kind of business sells.

Pick one in the brand builder or let the theme choose its default; switching keeps your content.
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M

Manifest

The list of travellers on a departure with their details, documents and special requests, used by operations, guides and suppliers.

Lives on the departure record and is generated for hotels and guides from it.
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Markup vs margin

Markup is the amount added to cost; margin is that amount as a share of the selling price. A 25% markup is a 20% margin.

Margin rules are set per product in Settings; every quote carries cost, margin, taxes and the customer price.
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MICE

Meetings, incentives, conferences and exhibitions: corporate group travel with venues, events and logistics, usually run by a DMC or a specialist operator.

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N

NDC

New Distribution Capability, IATA's standard that lets airlines sell richer content (seats, bags, bundles) directly to agents outside the traditional GDS.

NDC content arrives through connected supply partners that have airline connections.
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Net rate

The price a supplier charges the seller, before the seller adds its markup. Customer-facing documents must never show it.

Vouchers generated from the record show the customer price only; the net rate stays on the booking.
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O

OTA

Online travel agency: a business that sells travel through its own website and app, usually with search-first inventory and instant booking.

The OTA theme has three layouts (Nickel, Omni, Atlas) with a search-first page and a product bar.
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P

Package

A fixed combination of services sold at one price, such as flights, hotel and transfers for a set number of nights.

Packages are priced from Inventory with your margin rules and listed on the storefront and the app.
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Payment processor

The company that moves card, UPI or bank payments and settles them to you, charging a fee per transaction.

Razorpay for India and Stripe for international; TripOS stores a token, never a card.
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PNR

Passenger name record: the booking reference a GDS or airline creates, holding the passengers, flights and ticketing status.

PNRs are stored on the booking and shown to the traveller in the app.
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Preference rule

The Inventory setting that decides which source is used when your contract and TripOS Supply both have the same service: contracted first (default), supply first, or cheapest.

Set once; AI Quotation follows it on every quote.
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Q

Quote

A priced proposal for a trip, line by line, that a customer accepts or questions. On TripOS it is a link, not a PDF.

Drafted by AI Quotation from your rates, approved by a person, paid on the link.
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R

Rack rate

A hotel's published, undiscounted price, from which contracted and net rates are negotiated.

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Record

The single place where one trip lives on TripOS: the enquiry, the conversation, the quote, the booking, the payments, the documents and the service notes.

Every module reads and writes the same record; the agents read only the record and your inventory.
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Release date

The date by which unsold allotment must be given back to the supplier, after which it is no longer yours to sell.

Inventory releases allotment automatically and the storefront stops showing it.
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Rooming list

The list of who shares which room on a group booking, sent to the hotel before arrival.

Locked on the departure record and generated for each hotel from it.
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Routing

The rules that decide who owns a new enquiry: by channel, product, destination or language, with a fallback and an escalation time.

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S

Scope

The boundaries you set for an agent: which products, customers and channels it works on, what it may answer alone, what it drafts and when it must hand over.

Defaults are conservative; most workspaces widen them after a month of reading the handover review.
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Season

A date range within a contract that carries its own rate, often with minimum stays and blackout dates.

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Series departure

A departure that repeats on a schedule (every Saturday, every month) with the same itinerary and allotments.

Series departures are created once and copied with their checklist and tasks.
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Settlement

The transfer of collected payments from the processor to your bank, and of supplier costs from you to suppliers, reconciled against bookings.

Finance reconciles receipts and payouts to the record the same day.
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Storefront

The website and customer app a business runs on TripOS, rendered from its brand record in one of twenty-one layouts.

Built from a typed name in about a minute; live with your own domain in days.
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Sub-agent

A smaller agent that sells a wholesaler's or DMC's product under its own name, at a net rate with its own markup, often on credit terms.

Sub-agents log in to the partner portal with their own rate card, wallet or credit limit and statements.
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Supplier payout

Paying hotels, guides, transfer companies and DMCs what the booking owes them, often across borders and currencies.

Payouts run through connected processors and are reconciled to the booking automatically.
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T

TCS

Tax collected at source: in India, a percentage collected on overseas tour packages and certain remittances and deposited against the traveller's PAN.

Finance applies the current TCS rules on overseas packages and shows the amount on the invoice.
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Theme

The kind of travel business on TripOS: online travel agency, AI travel concierge, tour operator, DMC and groups, travel agency, private jet charter. Each has three layouts.

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Ticketing

Issuing an airline ticket against a booked PNR, either through your own IATA accreditation or a consolidator.

Flight ticketing is an add-on service priced per ticket.
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TMC

Travel management company: an agency that manages business travel for companies under policy, with approvals, reporting and consolidated invoicing.

The corporate-desk use case covers policies, approvals and invoices by cost centre.
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Tour operator

A business that designs, prices and operates trips, usually as departures with its own suppliers, and sells them directly or through agents.

The tour operator theme has three layouts (Agora, Regency, Squad) and departure records with manifests.
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Travel agent

A business or person that sells travel to customers on behalf of suppliers or operators, earning commission or a service fee.

The travel agency theme (Lagoon, Clubhouse, Caravan) ships rebuilt layouts in November 2026.
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Travel creator

A business type on TripOS for people whose audience arrives through reels, videos and blogs: three layouts of its own (Offmap, Noor in Blue, Offscript), channels connected by handle, AI answering comments and DMs, and inventory from TripOS Supply plus hosted departures.

Pick Creators on the home page. The Creator plan is ₹0 a month with a share per hosted booking.
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TripOS Marketplace

An Enterprise feature, by invitation: list your own contracts for other TripOS businesses to sell at a commission you set, or sell theirs.

Not open to every workspace. Ask on a demo.
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TripOS Supply

The inventory TripOS provides: flights (Amadeus, Sabre, airline NDC), hotels (TBO, Hotelbeds, RateHawk) and activities (Viator) at net rates, sold under your brand at your markup. Cars, cruises, jets, chauffeurs and yachts stay on your own contracts until a partner feed is live.

Switch it on per kind in Onboarding or Inventory. A business with no contracts yet can sell from it on day one; the contracted-first rule protects your margin where you have both.
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V

Voucher

The document a traveller presents to a supplier as proof of a booking: hotel, transfer, tour or activity.

Generated from the record in your brand; the customer copy never shows the net rate.
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W

Wholesaler

A business that contracts travel product in bulk and sells it to agents at net rates rather than to travellers directly.

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Workspace

One business's instance of TripOS: its brands, records, inventory, team, settings and region.

A workspace lives in one region (Mumbai, Frankfurt or Singapore) and can hold several brands from Scale.
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Y

Yield

The revenue earned per unit of inventory sold, the number operators manage by adjusting prices as departure approaches.

Finance shows margin by departure, product and salesperson the same day a booking is made.
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Z

Zero-retention

A processing term under which a model provider keeps neither the prompt nor the output after responding, and trains on neither.

All AI workforce processing runs under zero-retention terms; nothing from a workspace trains a model.
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Terms are added whenever a customer asks what something means.