Travelling pretty far to take in a later, exclusive event (5-5)

I believe the answer is:

after-party

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'later exclusive event' is the definition.
I know nothing about this answer so I cannot judge whether this works.

'travelling pretty far to take in a' is the wordplay.
'travelling' indicates an anagram.
'to take in' means one lot of letters goes inside another.
'pretty'+'far'='prettyfar'
'prettyfar' with letters rearranged gives 'afterprty'.
'afterprty' enclosing 'a' is 'AFTER-PARTY'.

Can you help me to learn more?

I've seen this clue in The Times.

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