quadlabs-launches-global-market-place-for-business-travel

QuadLabs launches Global Market place for business travel with strong Travel Management Solution and expense management

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.

 

Travel marketplace empowers corporate to procure content from Global TMCs, Regional OTAs and global travel suppliers. The internal engine connects to various GDSs, Supplier system and content providers to provide comprehensive set of travel deals and corporate fares in the single system. It provides relevant and cheapest available fare to employee as per the company policy and approval workflow from various TMCs and OTAs. Through strong integrated self-booking tool “Travog” employee can create the booking and manages pre and post booking expenses.

In backend travel management solution empowers travel Management Company to automate their processes to fulfill travel business need. Travel agent can manage global corporate profile, corporate policy compliances, approval-workflow, and corporate credit and deposit policy. The system can also generate various reports for corporate and supplier reconciliation.

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QuadLabs once again recognized as ‘World’s Leading Travel ERP Technology Provider’ at World Travel Awards

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.

 

This year marks the 23rd anniversary of World Travel Awards. It is the most prominent fraternity recognizing and rewarding the excellence across all key sectors of the travel tourism ; hospitality industry. It invites over 650,000 individual votes from travel professionals and high-end tourism consumers. “This year QuadLabs completed its 10 years into Travel Technology thus getting this award for two consecutive years adds on to the joy. It reflects the hard work, dedication in providing technology solution and the trust from our customers ; partners.” said Mr. Gaurav Chiripal CEO of QuadLabs Technologies.

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Online Booking Engine

Impact of Online Booking Engine on Travel Industries

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.

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online Booking Engine

How does an Online Booking Engine Empower the Travel Business?

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.

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