Here we give you a short sharp overview of the N's of corporate travel taken from our FREE Download - Business Travel Glossary The A- Z of Corporate Travel ...
Negotiated rates are discounted rates or rates
that include added value, specially negotiated for
your company with a particular supplier by you chosen travel management company.
New Distribution Capability (NDC)
NDC is a travel industry-supported programme
launched by IATA for the development and
market adoption of a new, XML-based data
transmission standard (NDC Standard). The NDC
Standard enhances the capability of
communications between airlines and travel
agents. The NDC Standard is open to any third
party, intermediary, IT provider or non-IATA
member, to implement and use.