Flight Booking Engine

Future of Travel Agents and Tour Operators with Travel Technology

Kuldeep Sharma Leave a comment

Travelling was never ever this easy with the advancement in travel technology. Traveller’s experience, services offered to travellers, ease of booking have enhanced a traveller’s experience. People, who had to run to travel agents to book their tickets, make hotel reservations and holiday packages can now simply log into their laptops or smartphones and make all the reservations themselves in just a few clicks.

Giant online travel portals such as Yatra.com, SOTC.in, Make My Trip, Booking.com, etc. are making it extremely easy for travelers to choose their favorite destinations, book flight tickets, reserve a preferred room in a hotel and get all the necessary travel products right at their fingertips, causing great difficulty for traditional travel agents and tour operators to boost their sales and grow their business. No matter how hard they try to sell their services with effective marketing and promoting their travel products, they are loosing the battle to these online booking engines.

The statistics show that in the last 20 years, tour operators’ share of bookings has declined by 50% due to the arrival of online travel portals as they tend to provide their customers brilliant discounts in hotel reservations and other beneficial offers on other services. However, even though the hotel reservation part of travelling has seen a great fall for travel agents, but more than 70% people who are travelling overseas still tend to book their flights through travel agents as they provide them a much better price with human intervention. With this data, one can understand the future of travel agents and tour operators.

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How Brexit may affect your travel plans to Europe?

Kuldeep Sharma Leave a comment

The British government has taken a historic move by removing its name from the European Union, which is conceived to be a benevolent economic, political and social alliance. This decision in favor of ‘Brexit’ as it is known, has affected the global economic market greatly and left international investors and economic leaders anxious. However, with this outcome of the UK’s referendum, travel and tourism industry will also have an immediate effect.

Although the long term impact of the vote is still unclear, people currently travelling to British will be the first to see the short term impact. Below are given few possible speculations on how Brexit may affect your travel plans and should travelers be worried about Brexit.

Cost of travelling to the UK will be cheaper than ever before

The most aftermath of Brexit will be witnessed by people travelling to Great Britain as the cost of travel will be cheaper due to the downfall of pounds compared to the US Dollar, which has recorded its lowest rate in the last 30 years.

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Online Booking Engine

Impact of Online Booking Engine on Travel Industries

Kuldeep Sharma Leave a comment

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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Al-Futtaim Travel signs up as fulfillment partner on Travog for the UAE region

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QuadLabs Technologies ; Al-Futtaim inked a strategic business partnership at the recently concluded ATM 2016 at Dubai. The partnership enables Al-Futtaim to be the fulfillment partner on Travog to provide travel content to a growing set of SME customers activated on Travog. At the same time Travog will be rolled out at a preferred tool to the existing business travel customers of Al-Futtaim across the UAE.

Travog is the first ever on-demand Travel ; Expense management system for businesses with pre-book policy compliant system with an internal self-booking tool. The USP is the integrated Travel marketplace of content procured from global travel suppliers and TMCs. 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. Travog mobile app works as a travel companion providing various location based services around the business travel needs. It helps to manage the multitude of hierarchy and workflow within the businesses, at the same time ensuring all their travel related needs are fulfilled through a one-stop solution. System also provides expense management to business travelers to manage post trip expense and the same can be submitted to concerned department for approval.

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This alliance brings together mutual and a unique opportunity for both the organizations. This corporate tool enables businesses to reduce costs, manage compliances ; expense reports and provide business travelers a user-friendly self-booking tool whilst fulfilling their business travel needs. This long term, strategic alliance will deliver new measurement products for corporate market.

“We are gratified to partner with Al- Futtaim. We believe this partnership is a perfect fit for Business Travel Industry market.” said Gaurav Chiripal, Founder and CEO at QuadLabs.

“With the pace the market is moving, successful companies will be those who build the right strategic partnerships to accelerate innovation, growth, and customer value. We welcome the partnership between QuadLabs ; Al-Futtaim.” said Micky Bhatia, General Manager at Al-Futtaim Travel.

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‘Travog’, a Travel & Expense management tool, wins “Asia Pacific Travel Innovator of the Year” award at Phocuswright India 2016

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Travog, a revolutionary Travel ; Expense management tool by QuadLabs Technologies has been recognized as the ‘Asia Pacific Travel Innovator of the Year’ for the year 2016. The honor was awarded at ‘The Travel Innovation Summit’ organized by Phocuswright and held at The Leela Ambience Gurgaon, India on Thursday, 21st April 2016.

Travel Innovation summit is organized along with the main Phocuswright conference and is long-known for bringing the travel industry’s latest wave of innovation to the stage. Each innovator, along with Travog, had 10 minutes on stage to pitch, demonstrate and face off with the Phocuswright Dragons— a collection of the industry’s most informed insiders who have seen and heard it all. The Dragons push and probe the demonstrators, in search of an innovation with the potential to transform Asia’s travel landscape.

“Asia Pacific Travel Innovator of the Year award is the validation of our innovation. It reinforced our belief in innovation and investment in the next generation technology.” said Mr. Gaurav Chiripal, CEO of QuadLabs Technologies.

Phocuswright is the travel industry research authority on how travelers, suppliers and intermediaries connect. Independent, rigorous and unbiased, Phocuswright fosters smart strategic planning, tactical decision-making and organizational effectiveness. To complement its primary research in North and Latin America, Europe and Asia, Phocuswright produces several high-profile conferences in the United States, Europe ; Asia.

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