4 WAYS TO LEVERAGE TECHNOLOGY & EVOLVE YOUR TRAVEL BUSINESS - PowerPoint PPT Presentation

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4 WAYS TO LEVERAGE TECHNOLOGY & EVOLVE YOUR TRAVEL BUSINESS

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In the 1950s and 1960s, the travel agent sector was ''born''. The airlines couldn't have asked for a better partner as their front-end partner. The role of the travel agents was so important that the airlines soon found them ''powerful enough'' to threaten their profits. A portion of the revenue does go to the agents as commission. – PowerPoint PPT presentation

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Title: 4 WAYS TO LEVERAGE TECHNOLOGY & EVOLVE YOUR TRAVEL BUSINESS


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4 WAYS TO LEVERAGE TECHNOLOGY EVOLVE YOUR
TRAVEL BUSINESS
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  • In the 1950s and 1960s, the travel agent sector
    was ''born''. The airlines couldn't have asked
    for a better partner as their front-end partner.
    The role of the travel agents was so important
    that the airlines soon found them ''powerful
    enough'' to threaten their profits. A portion of
    the revenue does go to the agents as commission.
  • Thanks to rapid technological advances, the web
    interface has allowed airlines to be more
    accessible to travelers. The role of travel
    agents is no longer as vital as it was, and the
    need to adapt the traditional business model
    using technology is urgent. How can technology
    help these businesses grow? These are my top four
    technology trends to help you grow your business.

3
1.Going Mobile
  • As more people use smartphones for their daily
    tasks and needs, the world is moving mobile (at
    least in developed countries). Customers are more
    mobile-driven, have less time and are
    increasingly demanding. Travel agents and
    airlines have realized the importance of catering
    to mobile-driven customers and have developed
    mobile apps to help them. Imagine a traveller
    being notified about a delay at her boarding gate
    or on the arrival of a cab. It's all possible!

4
2.Enhanced Booking Experience
  • Online Travel Agencies (OTAs) are playing the
    role of travel agents by going online. These OTAs
    created an online interface powered by booking
    engine software to simplify booking. It took away
    the hassle of searching for tickets and all the
    frantic running around.

5
3.Seamless Travel Experience
  • Today's customer is highly tech-savvy,
    well-informed and always on the go. The customer
    wants a seamless and wholesome experience. It's
    not about booking a flight but organizing the
    whole trip. Technological integration has enabled
    seamless connections with all stakeholders in the
    industry, from the travel agent to the airline to
    the cab to the hotel. Many travel agents use tour
    management software to plan the trip.

6
4.Personalization
  • A loyal customer is a company's goal. With so
    many choices, from flights to taxis to hotel
    stays to hotels, it is not surprising that
    loyalty comes at a high cost. According to all
    the stakeholders in the travel industry,
    personalization is a way to get closer to
    customers. Companies can now use data management
    and data analysis to gather and analyze data to
    understand the customer's preferences and needs
    better. Based on customer preferences and needs,
    specific programs can be planned. These
    technologies have allowed companies to understand
    their customers better and offer multiple service
    levels for the same travel goal. For example, two
    people flying from Delhi to Berlin to attend a
    concert may prefer to fly in two classes. They
    can also stay in the same hotel but choose two
    different service levels.

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Conclusion
  • Since the dawn of the millennium, the
    stakeholders in the travel industry have operated
    in a variety of lanes. Technology and the
    increasing demand for customer service have
    created a need to integrate business at all
    points of the service chain. Technology will
    allow businesses to collaborate better than ever
    and help them evolve to meet their goals.
  • Clarity Travel Technology Solution transformed
    the business of one the largest tour operators'
    businesses and helped them become a digital-ready
    Company using technology.
  • To Know more visit our website _at_
    www.claritytts.com 1 416 223 2800.
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