What term refers to travel providers that have negotiated extra commission rates with an agency?

Prepare for the Travel Institute Certified Travel Associate Exam. Utilize flashcards and multiple-choice questions, each with hints and explanations. Achieve exam success!

The term "Preferred Suppliers" refers to travel providers that have established negotiated commission rates and favorable terms with a travel agency. This arrangement benefits both parties: the agency can offer competitive pricing and better deals to clients, while the suppliers gain enhanced loyalty and a more consistent customer base from the agency.

Preferred suppliers are typically carefully vetted by travel agencies based on their reliability, product quality, and service levels. Agencies often promote these suppliers because they provide additional incentives, such as higher commission rates, exclusive offers, or marketing support, making them a strategic choice for the agency.

The other options do not accurately describe the same relationship. Travel Partners can refer to a broader category of collaborations without specific commission negotiations. Discount Providers generally emphasize lower prices rather than commission arrangements. Main Suppliers might imply primary sources of services, but do not specifically denote negotiated commission terms. Thus, "Preferred Suppliers" is the most precise term for those who have negotiated extra commission rates with an agency.

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