QuadLabs, the world’s leader in travel technology during Business Travel Show 2017 announcing launch of Global market place for business travel with strong travel management solution and expense management tool. It is primarily designed to facilitate business relationship between the companies and their TMCs.
QuadLabs Technologies world leader in travel technology, emerged as the winner of the ‘World’s Leading Travel ERP Technology Provider 2016’ for the second consecutive year by World Travel Awards. The honour was unveiled in the prestigious ceremony held at Sun Siyam Iru Fushi , Maldives on Friday, 2nd December, 2016.
Travel and Tourism is one of the largest industry that contribute to the global economy. Worldwide this industry has been growing steadily every year. Technology has taken an immense place in people’s life. The way things are done is changing, so is the Traveler’s buying behaviors and expectations. Travelers want everything on their fingers tip so that they can book fast, easily and in cost effective manner.
Before digital times, the role of the travel agent was to advise clients on travel destinations and to act as an intermediary in the difficult process of organizing travel bookings. Even as late as the early 1990’s, consumers booked Flight, Hotel, Car etc. through travel agents as many companies did not offer direct bookings. But with the automation brought by the changing travel technology has made the traveler looking for mobility, flexibility and easy real-time access to information. For this an Online Booking Engine reduces stress off travelers to plan their travel end-to-end.
Online Booking Engines for respective products are becoming the fastest growing sales interface for travel intermediaries. They help travelers to book Flight, Hotel, Car Rentals, Travel Insurance, Sightseeing, Transfers, Holiday packages, Bus and Cruise. The concept of having an Online Booking Engine has helped travel industry to evolve. The next level of Online Booking Engine is the Meta Search Engine. It is an interface to compare a product from various sources based on the product’s price and availability mainly.
With an online booking engine, a traveler can not only search and book but also make payment instantly. Booking engines like Flight Booking Engine, Hotel Booking Engine help travellers to book as per the product of their choice. Online Booking Engines are helping travellers to customize & personalize their experience based on their and other’s preference like they can review what was others experience through this medium.
An Online Booking Engine, not only provides real time inventory but also enhance the user experience by providing them convenience of search and book, more options, better pricing and making payments. It also reduce dependency, customer now can book Flight from Flight Booking Engine, Hotel from Hotel Booking Engine etc. , travellers now have multiple options to book. Online Booking Engine helps travel industry to minimize their efforts and errors.
The travel industry in the current market state is facing many challenges like swiftly rising costs, meeting customer expectations and high economic pressures. With changing economic conditions and new financial regulations, there are various problems a travel business has to undergo like; the distribution of products through multiple sales channels and managing inventory, deciding which system to use, charging flat fee or commission and pressure of up selling and optimization of the business. A broad solution to all these problems lies in an online booking engine which is a comprehensive outcome for expanding, optimizing and managing travel business.