Online Travel Technology
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Online Travel Technology
4y ago
Why an all-in-one solution is the best for a Travel Company
In the 21st century, there are few tourist companies or travel agencies that manage everything manually. And if they still exist, they will probably stop if they continue to forego Technology.
But there are also many that, although they have an online Booking System, could improve their efficiency with one that includes an integrated administrative management and invoicing module. Excel may still seem useful to them, but it falls far short of options that centralise and unify the tracking of bookings with their collections, paym ..read more
Online Travel Technology
4y ago
Why will XML
connectivity in the tourism
industry continue to make a difference in the beginning decade?
Currently, all the businesses that were traditionally
carried out in physical premises are moving to the Internet. Tourism companies
must also modernize and adapt all their systems to the new demands of the
market. And what is most valued in tourism intermediation is connectivity
through the Internet.
The use of APIs and XML to connect with customers and
suppliers in the travel business is gaining increasing relevance in both the
B2B and B2C tourism business. Let’s see why.
Standar ..read more
Online Travel Technology
5y ago
E-commerce and hotels
The challenge for hoteliers is to market its beds efficiently. Technological giants have become a real threat to large OTAs such as Booking and Expedia. At the same time, they are an opportunity for hoteliers. To prevent companies like Amazon or Alibaba from using their vast knowledge in electronic commerce to enter the business, experts ask hoteliers to act “sooner rather than later.” It is about not repeating the mistake they made by being unable to anticipate and avoiding the great influence that OTAs currently have in the marketing of hotel rooms.
New internet ..read more
Online Travel Technology
5y ago
E-commerce and hotels
Technological giants have become a real threat to large OTAs such as Booking and Expedia. At the same time, they are an opportunity for hoteliers. To prevent companies like Amazon or Alibaba from using their vast knowledge in electronic commerce to enter the business, experts ask hoteliers to act “sooner rather than later.” It is about not repeating the mistake they made by being unable to anticipate and avoiding the great influence that OTAs currently have in the marketing of hotel rooms.
New internet intermediaries
Nick Price, CEO of NetSys Technology, recall ..read more
Online Travel Technology
5y ago
Several years ago, the market warned: the future of
online travel agencies (OTA) depended, among other factors, on a conversion
that would happen through its adaptation to the sale of products of greater
profitability than the plane ticket.
On the other hand, the requirement of consumers is
increasing, and they mark the conditions for their needs to be met.
In the tourism sector, the traveler is more than ever
the protagonist. Technology has been giving it more and more information and,
therefore, greater choice. Among other advantages, Technology has transferred
power to the user to dec ..read more
Online Travel Technology
5y ago
Technology has revolutionized distribution in the tourism industry. Nowadays, travel products follow an online path through booking engines and their XML connections. A Booking Engine is online software used to manage and distribute tourism products. But, what do we call XML integration? If you have a travel company, do you need to have XML integrations?
What is an XML integration?
To understand XML technology, we need to think of a connector that acts as a “data translator” between clients and suppliers, and vice versa. This translation makes the differences – that may exist in terms of progr ..read more
Online Travel Technology
5y ago
What will the tourist sector have in the coming years? It is the question that all professionals in the travel industry would like to have answered. Although the future is uncertain, managers of the largest hotel groups and tour operators in the world have spoken. And in the scenario outlined, key concepts such as segmentation, relational models with the client and technology are drawn.
Meliá, Riu, Ávoris, W2M, Grupo Piñero, Travelport … the top representatives of the major players in the tourism industry gathered at the end of May at the Forum “Passion for Tourism”, organized in Palma de Mall ..read more
Online Travel Technology
5y ago
Based on the study carried out by the University of Applied Sciences of IUBH, together with the tour operator TUI and the reputation management platform TrustYou, the answer is yes: online qualifications are decisive when deciding which holidays to book. And in a particular way, for trip and hotel bookings.
TrustYou is a company specialized in managing the feedback of travelers around the world. This type of companies proliferates not only in the tourism sector, but also in any online sales environment. The reason for that is that the review of the customer is key to sell more, and may be take ..read more
Online Travel Technology
5y ago
In this article, we will review some of the tourism global figures: more specifically, we will see which are the countries that receive the most tourists, as well as the ranking of those that earn the most money thanks to tourism.
The tourism industry is fundamental to the world economy, and in some countries, the key to its survival, since its sustainability depends on the benefits generated by the visits of foreigners.
Tourism is crucial not only for the economy of the country and for the jobs it generates, but also to encourage the conservation of the cultural heritage of its territory, pre ..read more
Online Travel Technology
5y ago
NewGen ISS is a program launched by IATA to offer faster, safer and more profitable financial settlement solutions for airlines and travel agencies, according to what the International Air Transport Association states in its digital publication. It is a credit management system through which IATA seeks “a safer sale and mitigate the losses arising from the breaches of travel agencies.”
One of the keys of the software is that it establishes what will be the ceiling for aerial sales that travel agencies can make. Once the spending limit has been exceeded, retailers can only continue issuing airl ..read more