Collaboration Developing Travel Technology is Key

Collaboration Developing Travel Technology is Key

There are so many online travel technology solutions available in the market today offering so many different product options that finding the right one for your business can often be overwhelming for many. Of course you’ll want to find a solution that accesses the content you are looking with the administrative tools you’ll need to adjust a products selling price or offer a special promotion. Most of the online travel booking engines in the market today come with these basics which can be enough to get you online. But is simply getting your business online enough in today’s crowded marketplace?

A handful of large Online Travel Agencies (OTAs) control a significant portion of the mass market where price is a main driver. These online conglomerates have amassed such “buying power” with travel suppliers that they are able to secure the lowest prices available at the highest commission rates, making them difficult to compete with on price alone. Many have made significant investment in technology and infrastructure to improve their efficiency which has secured their competitive advantage even more.

But there is hope for those looking to compete online with these giants, it’s just a matter of doing your research, developing your strategy and implementing your plan. Quite often, online sales are a driving force behind a company’s decision to change technology. Online sales can save a business both time and money making it the most cost effective method to serve today’s consumer. The innovative travel technology solutions available today allows technology providers to design and develop flexible & fully scalable applications that can easily grow with your business. Many can even provide the ability for you to customize the application templates to maintain your company’s own unique branding. And to serve today’s growing number of consumers who use their mobile device to purchase travel products as well as those that switch between devices during the research and booking process, many are choosing applications that use responsive technology that can automatically adjust the screen layout based on the type of device being used.

Experience has shown that some of the best travel technology solutions are the result of collaboration. Software Developers, Suppliers and Travel Agents all provide valuable input on how to design and develop the ultimate online travel booking engine. Each of these participants in the sales process play an important role and any technology should consider the individual needs of each. This type of collaborative effort can help ensure an online solution that automates processes and increases revenues while it reduces the time and effort required to complete a transaction.

Input and feedback from Suppliers as well as Travel Agents ensures that the technology connecting them meets each of their individual needs as well as identify areas for process improvement more efficiently. For example, Easy to Use applications designed by a specialized team working with travel agent users are able to deliver an online booking engine that reduces the amount of time required to train agents and gets them selling faster. Finding a technology solution with the right combination of options for your business can be critical and the key to the success of your online travel business. Finding a technology partner that uses a collaborative approach can be just as important.

Hotel Bookings Anytime, Anywhere

Hotel Bookings Anytime, Anywhere

The explosive use of mobile devices over the past decade has made mobile technology an important part of any travel business’ strategy to attract and serve customers. Have you ever turned around and went back home to get your mobile phone, even if you are going to be gone for just a few minutes? It seems like many of us have become so accustom to the convenience these devices provide, that they have become one of our most important, if not critical possessions.

Retailers recognize this opportunity and many have capitalized on the trend and can make their products and services available to their customers anytime, anywhere. Airline reservations are just a few clicks away and many applications include a hotel booking engine as well.

You’ll want to start with the basics like a mobile ready website so that customers can find your business quickly and easily online using the device of their choice. A good way to start your research may be to learn what your competitors are using for their online technology and see if something similar might work for you. Businesses of all size are realizing the potential of mobile ready technology to gain more customers and increase sales and are taking their business mobile. Today’s online consumer can shop for and purchase everything for their trip using their mobile device including airline tickets and hotel reservations and they can even purchase Travel Insurance for it all as well.

As Millennials become the largest segment of consumers, make sure your business is ready to serve this generation the way that they choose to shop. While there are no precise dates for when this contingent of the population starts or ends, typically a millennial was born between the early 1980s and the mid-1990s to early 2000s as a group. This is the generation that grew up with laptop computers, cellphones and helped fuel the explosion of the use of smart phones globally. They are quick to embrace new technology and make a majority of their purchases online. They also travel more than generations before them and often start their research for their travel accommodations using a hotel booking engine that is mobile ready.

When it comes to online technology, you need to be open to learning something new every single day, or you will quickly find your online technology outdated and unable to keep up with today’s mobile economy. To prevent this, one topic that should stay on your radar is mobile ready hotel booking engine. As you research the online booking engine options available, you should consider that more businesses will be offering their services online than ever before, ensuring that mobile ready travel technology is here to stay. The benefits of flexibility and ease of use improves the customer engagement in a way that millennial customers demand. A strong mobile strategy can increase sales while improving customer engagement and loyalty, a combination of factors for growth that your business is sure to benefit from.

Finding a hotel booking engine with the right combination of options for your business can be critical to the success of your travel business. Finding a partner with travel technology solutions to help you reach today’s mobile consumer anytime, anywhere they shop for travel can be just as important.

It Started with Flight Booking Software

Flight Booking Software

Today, no travel technology solution is complete without some type of flight booking software included. The airline industry was an early pioneer of automating the sale of travel and introduced the first computer reservation systems decades ago. I started my career as an airline reservation agent and remember attending weeks of training to learn how to use the first in-house computerized reservation systems. Gone were the days when we would scramble around the reservation center to find the actual “Book” that kept track of the customers booked on a certain flight. The “Book” was replaced by clunky green screen monitors connected to a massive Computer Reservation Systems also known as the CRS. We were required to memorize cryptic formats to check schedule availability, pricing and to complete a reservation. While many complained about the time and effort it took to learn how to use the new flight booking systems, it wasn’t long before everyone saw just how much more efficient it was compared to using the old reservation books.

These airline reservation systems continued to evolve, adding updated flight information and other services to assist customers and travel agents. Airlines quickly discovered the benefit of expanding the access to these systems to their best travel agent customers, providing them instant access to availability and pricing as well as the ability to book flights for their customers.

These early centralized computer reservation systems began to add more features and additional travel components such as hotels and car rentals and eventually evolved into early versions of the first generation of Global Distribution Systems or GDSs. These computer reservation systems were deployed in travel agency offices worldwide and became critical for both airlines looking to increase the distribution of their product as well as the travel agents looking to serve their customers more efficiently.

It wasn’t long before the internet revolution exploded and suddenly consumers were shopping and purchasing just about everything online. As these online travel technology solutions became more widely used, many travel agents identified the need for online travel technology solutions that automate processes and are easily customized to support their own unique brand identity. Today’s travel agent needs both a Business to Business (B2B) application as well as a Business to Consumer (B2C) application that automate processes and increase revenues while reducing the time and effort it takes a travel agent or consumer to complete a transaction.

Travel Agents need to be able to quickly adjust a product’s selling price or include special offers right in the availability display. Flight booking software needs to have the flexibility to define a business rule to a specific market, travel or booking dates, suppliers and more. Applications should be designed to meet the unique requirements of Global Marketplaces and easily handle multiple currencies as well as multiple languages.

Early adoption of automation combined with the fact that a flight reservation is often the starting point when making travel plans, make flight booking software a key component for most travel technology solutions. Finding a travel technology solution with the right combination of options for your business can be critical to the success of your travel business. Finding a technology partner with solutions to help you easily and cost effectively reach today’s mobile consumer where and how they shop for travel can be just as important.

Travel Technology Solutions Can Help Your Business Grow!

Travel Technology Solutions Can Help Your Business Grow

Travel technology continues to evolve at lightning speed and has significantly impacted the way that Suppliers as well as Travel Agents attract and interact with customers. In today’s world, travel technology solutions are a key element to the success of any travel business whether a small to medium size traditional retail agency or one of the large online travel agencies (OTAs) that dominant today’s online travel market.

Many “out of the box” solutions do not have the flexibility needed and are too generic for many businesses. A custom built application can be expensive to develop and maintain putting them “out of reach” for most except for the largest companies. When considering online travel booking engines, look for one that automates processes, has the business rule features you need and is easily customized to support your unique brand identity.

When trying to reach a limited amount of targeted customers, the traditional method of face-to-face meeting at a retail travel agency location or speaking with an agency call center is usually enough and in some cases can help strengthen the relationship an agency has with their customer. A good travel agent does more than just “take travel orders”, they are a resource that can assist with making the right choices for a trip and can often provide access to special deals and amenities. They can help today’s traveler avoid making a disastrous mistake with their travel arrangements and can often help make them feel like a VIP during their trip.

Whether your customers shop online or through a retail travel agency, travel technology plays an important role in their interaction with your business. The best applications provide both Business to Business (B2B) capabilities for retail travel agents and call centers as well as Business to Consumer (B2C) to serve those customers shopping online. But there is more to selling travel on line than having a website, there are travel technology solutions available today that are built using responsive technology. These mobile ready applications automatically adjust their display based on the type of device being used. A critical feature to reach the growing number of consumers addicted their mobile devices.

The right technology solution also plays an important role in setting a business up for future expansion. Whether that be through organic growth, reaching out to a new ethnic markets or expanding into a new geographic region, your travel technology needs to be ready to expand with your business.

Look for applications that are designed to meet the unique requirements of Global Marketplaces and can easily handle multiple currencies as well as multiple languages. However, going global involves a lot more than language or currency since each market can have it’s own requirements and set of local supplier content that is critical to success there. You’ll want to find a global application that has worked closely with customers and suppliers to localize the product including access to that specific local content critical to the market.

Finding travel technology with the right combination of options for your business can be critical to the success of your travel business. Finding a technology partner with solutions to help you reach today’s mobile consumer where and how they shop for travel can be just as important.

Travel Technology Should Be Localized

Travel Technology Should be Localized

With all the travel technology solutions available throughout the world today, how do you find the best solution to help your online travel business succeed? As many quickly learn, there’s more than language and currency capabilities to consider when choosing the right technology solution for your travel business. As many technology companies learn, there are often local market requirements that need to be properly addressed before an application can be successful in a market. There can be a huge difference between “globalizing” a product so that it is generic enough to work across markets verses “localizing” a product. Just as the languages and currencies used may vary in different countries, the regulations regarding consumers and the disclosure of information during the selling process may be different. Your technology needs to be flexible enough to handle these market nuances.

Centralized travel technology solutions that manages fast, live connections with the relevant Supplier content are also an important key element for success for any online travel business. This is an example of when “global” content sources may not be relevant to the local market, requiring integration of “local” content sources to provide the products your customers are looking for. The technology you choose needs the flexibility to easily integrate the right combination of Global and Local content so that your solution has the products your customers are looking for.

The travel technology you choose should also include the ability to define flexible business rules that allow you to adjust a product offer based on how you choose to run your business. Some travel agents may want to offer a discount to customers who make their travel arrangements using a travel agency online booking tool as a way to encourage them to use the most cost effective channel. Some may look to offer a lower price on a specific preferred Supplier. Bottom line is you will need flexibility in defining how and when specific price adjustment rules apply. And since today’s consumers have more options available to them than ever before, targeted messages and custom offers have become a key marketing tool used by many successful travel companies. Access to a travel booking engine that quickly and easily define special offers can be a critical tool when you are looking to easily communicate where the best deals are or a specific offer can be found.

The competition customers online is brutal and responding to market trends and special offers can be overwhelming. Today’s travel technology solutions need to provide you the ability to quickly respond to competitive threats, identify market trends and easily include any special offers that are available. Consider a technology solution with robust reporting tools that can help you keep track of important information about your travel business such as bookings by product type, supplier, travel dates, booking dates and more. Isolate search statistics by website to know what customers are searching for and help identify potential product gaps or pricing issues. This type of information can be a powerful tool when analyzing or making adjustments to your business plan.

Finding the right technology solution for your travel business is important, finding a technology partner who understands the need to localize product for your specific market can be even more important.