Source: http://www.hotelreservationssystem.com/online-travel-agency.html
Travel Industry has got a huge list of services when it comes to providing travel solutions to its customers. To retain the existing customer or bring a new customer has become an important agenda for every travel agents whether it is a flight ticket provider or hotel chain. Everybody wants to provide something extra to its customer. Partnering with other travel suppliers or travel consolidators will always help to avail the services which others have and at the same time share your own inventory with others to increase your business. This kind of partnership for mutual benefits will always be helpful to get maximum ROI and a global exposure through different channels. Dynamic Packaging is one such business idea or process where inventories of different services like flights, hotels and cars are combined together in a wholesale price in various permutation and combinations to design the best package for your customers and at the same time provide one stop solution for his needs.
To get a quote for travel software for dynamic package solution, contact us right now through http://www.hotelreservationssystem.com/get_quote.html
PROVAB TECHNOSOFT is a leading supplier of cutting-edge software for dynamic packaging to large number of OTAs across the globe. Many travel agents and tour operators around the world, especially in India, Dubai, Abudhabi, France, Germany, Malaysia etc. have been successfully operating with our customized software. As a hotel booking system development company we can design and develop an extremely fast and powerful travel portal with dynamic packaging and travel ecommerce. The backend will automate the entire system related to bookings, managing the operations, sub-agents, partners, suppliers, vendors, online and offline customers, customer experience, social media and many more.
Dynamic Packaging is the method to package holiday bookings to enable travelers to buld their own package with flights, cars, hotels, cruise, transfers, resorts, bus , vacations etc along with trip specific ad-ons and group tours.
The dynamic packaging like flight+hotel or flight+car or hotel+car leverages the OTA business to grow in terms of revenue and customer retention. OTAs connect with large number of wholesalers from different travel services to bring the best inventory at best cost. It is because of this feature that travelers still prefer to book their tour packages from online travel agency in comparison to any meta search engine or local agents. Customer know that they are getting best price and also at the same time hassle free journey something related to WYSIWYG.
Dynamic packaging is dynamic at several levels. Firstly, inventory is sourced dynamically, meaning the dynamic packaging solution will source flights, accommodation and car rental components for the package in real-time. Secondly, these components are dynamically combined into packages. Thirdly, the package is dynamically priced and is usually given an opaque total price.
In general wholesalers generally control the price of the inventory that is combined with the package. They take special discounted rates from the suppliers to make the best use of package.
Dynamic packaging can be integrated with any CRS system or GDS system to increase revenue sales and the packages can be sold through XML, travel sores, B2B and B2C websites.
The backend system can administer all the vendors, their markup management, control rates of various components of the package, control the inventory, control the contents and price through CMS system, commission management, user management, customer priviledges, voucher management and many more.
A professional travel technology company can develop a travel reservation system with the features like dynamic packaging, accounting, CMS, backend components (mentioned above), payment gateway, operations and many more.
How has facebook and twitter has helped travel reservation systems and web portals to grow?
In online travel booking domain or OTA web application portals, one of the eminent changes that we have seen is the impact of social media and the impact that they have on transforming the whole idea of sales of travel deals online. The present time advertisement provides more emphasis on customer engagement and building the very important element of “TRUST” among the customer. Building trust among the customer has been never being such an eminent part of advertisement as it is now. Success of online travel software totally depends on that.
Regarding Author:
Author is a travel technology expert and has been involved in several online reservation system development projects