EXCURSION RATE Meaning and
Definition
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Excursion rate refers to a measure or calculation used in various industries, particularly in travel and tourism, to determine the cost or pricing for an excursion or guided tour. It represents the rate or price charged to individuals or groups participating in guided trips, sightseeing tours, or special experiences organized by travel agencies, tour operators, or other entities.
The excursion rate encompasses various factors that contribute to the overall cost of the experience. These factors may include transportation expenses, such as the cost of hiring buses, boats, or planes, as well as fuel expenses. Additionally, it takes into account charges for tour guides or interpreters, entrance fees to attractions or landmarks, and any additional amenities or services provided during the excursion.
Calculating the excursion rate involves carefully analyzing and estimating the costs associated with organizing and conducting the trip, while also considering any profit margin desired by the service provider. The rate may vary depending on the type of excursion, duration, complexity, group size, and destination.
Excursion rates are commonly provided in brochures, travel websites, or tour packages offered by travel agencies. This information allows potential participants to compare prices and choose the excursion that best fits their budget and interests.
Overall, excursion rate is a pivotal component in the travel and tourism industry as it helps both service providers and customers determine the value and affordability of guided tours and experiences.
Common Misspellings for EXCURSION RATE
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Etymology of EXCURSION RATE
The word "excursion" comes from the Latin word "excursio", which means a "running out" or "sally". It is derived from the verb "excurrere", which means to "run out" or "run forth". "Excursion" originally referred to a military term describing a sudden attack or raiding party.
The term "rate" in the context of "excursion rate" refers to the price or cost associated with a specific service or activity. It comes from the Latin word "rata", meaning "reckoning" or "calculation". The word "rate" in English initially referred to a charge or fixed sum of money, and later expanded to include the ratio or proportion of one quantity to another.
Similar spelling word for EXCURSION RATE
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