How B2B Travel Agents can Reach Newer Markets?

Today globalization has spread in every corner of the world thanks to technological breakthroughs taking place in every industry. International presence has become significant for all types of businesses for growth and survival. The technology is slowly altering the way of doing business. Even small sized companies are managing their business in multiple countries effectively. It has reduced the costs and removed the barriers in communication. These trends have affected the travel industry also. In recent years there has been demand for the specialized technology by travel agencies. Since the travel management companies and travel agencies face competition not only from regional players but also international players.  It is in their benefit to quickly adopt to technologically more advance ways of streamlining their businesses. Technology therefore is seen as critical factor in reducing measuring and controlling their costs. The travel intermediaries also experience the dynamic buying behavior of the consumers as they have become more informative, there has been a continuous change in their demands and expectations. Therefore they have to focus on providing enhanced value to customers through new products.  The Travel agencies should realize the importance of making investments relating to the online travel technologies to ensure their long-term strategic visibility and sustainability.

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Mobile Travel Apps – Make Your Travel Simpler

The global travel industry is becoming dynamic with continuous change in traveler’s behavior and expectations. The worldwide growth of tourism and travel lies between 3-3.5% for year 2013.  As more people plan to travel every year the international trips are expected to grow by 2-3%. Due to rise in economic growth in emerging markets the industry is experiencing upward trend. The travel companies are adopting newer channels to grab the opportunities which lie in emerging markets. Therefore it has become vital for the travel companies to reach out to their customer in fast and easy way this being one of the primary reasons why mobile travel apps are becoming popular in a big way. The ease of accessibility of internet on mobile has made it possible for the users to book, search and pay for flights, hotels, cars etc. through their mobiles devices. Even though mobile services are still evolving in the travel industry continuously, it is clear that travellers are beginning to expect, demand and adopt them with 16% of travellers surveyed currently using smartphones to book trips. The travel marketers today see this opportunity with mobiles such as online deals and booking services for travelers, airline check-ins, payments through mobiles, hotel reservations to fill rooms in last minute inventory. Before we go discuss about the popular travel apps which has made the travel simpler we need to get people understanding the basic features of the travel apps. It is for those who are still not using the travel app on mobiles so far

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How to Select Right Travel Technology Platform?

In an increasingly difficult economic situation and highly competitive market today the travel agencies are facing unprecedented challenges. Proven travel agencies or new ventures, regardless of the type of their business are tested when it comes to quickly scaling up their online business for the consumers or affiliates. The travel technology companies are looking to add value in this rapidly trend changing travel industry. Good business model is essential to remain at par with the industry trends but at the same time it is challenging to choose the right technology for the travel agency business.

 

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flight booking software

Flight Booking System- How it works?

Ever since the first technological breakthrough of computerized system for flight booking by American Airlines has taken place the airline industry has experienced 360 degree change.  It replaced rather the lengthy booking process of flights where customer would call up travel agent, who would then look for flights their schedules availability rates etc. upon receiving the confirmation from the customer the travel agent would get the seats reserved. Thus, it was vital for the travel agencies to access the system which provides them with variety of tasks for managing their customer’s needs from the initial time of query till the time they get on the plane. The flight booking system comes with features such as management of ticketing, refunds, cancellations, schedule of flights helping the travel intermediary to minimize cost incurred with distribution.

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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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