Online travel
business is growing day by day. According to a research, over 50% travelers
purchase their products online. The
online Travel Market is estimated to garner $1091 billion by 2022, registering
a CAGR (compound annual growth rate) of 11.1% during the forecast period of
2016-2022. Online travel providers facilitate the travelers in their travel
planning and bookings. There are three important aspects of travel
market–speedy and convenient way of bookings flight and hotels, trust in online
payment and ability to compare various available travel options.
Nowadays, mobile website and apps are most preferred mediums
of travel bookings, particularly among the young professionals. Allied market
Research reported that professionals in the age group of 22-31years spend 200
billion dollars every year. These groups are greatly revolutionized the online
travel industry by the extensive use of technology. Online travel agencies (OTAs) are top among the major modes of
booking. Growth of online market share in Asia-Pacific nations (China, India,
Japan and others) is highest globally. Travel business Software plays a vital
role in the growth of travel market. Being a travel technology company whitelabeltravelportal.in
is engaged in developing different types of travel software according to the
need of its clients.
The main objective of a business is to get maximum return
over investment. This is only possible when travel business software manage the reservation fast and
efficiently. An efficient system helps to track bookings end to end without any
glitch. The software for travel business
provides an integrated system of real-time reservation software, booking
systems, web publication, accounting and administration. It should be flexible
enough to make complex packages, dynamic packages using the resources of
clients in combination with GDS, hotel, car rental system, etc.
Travel Business
Software has not only revolutionized the way of consumers travel but the
way the travel enterprises conduct and manage their travel businesses. Here we show some points, how it has simplified
the travel operations of travel agencies:
Travelers now easily compare the prices for flight, hotels,
cars, etc and subsequently book them online. The online booking engines are designed to improve the navigation
through website pages. Through online search the travelers can book lowest
prices from different search options. Thus they can enjoy hassle free bookings.
The software is made available on cloud platform so it helps
the travel companies in reducing the
IT costs and at the same time controlling the collaboration among Supply Chain,
IT, Finance and other travel functions.
With the help of this software a travel agent can automate
all his operations. Thus the back office job is no longer required to be done
by a staff, this also avoid the errors due to manual entry.
The software has greatly improved the distributions of
various travel products through different channels without any fault. Now the
GDSs and third party consolidators are easily reaching to travelers. The real
time inventory of flights, hotels, cars, etc is just a click away.
Know more details visit: http://www.whitelabeltravelportal.in/
