Posts in the category "Travel Industry"

google-and-apple-as-travel-revolutionists

Google and Apple as Travel Revolutionists?

Apple has been reportedly working on an NFC-based (Near Field Communications) iPhone application called iTravel enabling airline check-in and baggage identification, advanced electronic ID, car rentals, hotel and airline reservations, etc.

After Google also announced in April to be in negotiations to acquire ITA Software there seem to be signs for a revolution in the travel sector. It seems like these giants of digital business want to conquer the travel market, however, in somewhat different ways. Continue reading 

the-effect-of-the-economic-crisis-on-the-asian-travel-industry-response-to-martin-buck-at-itb-berlin

The Effect Of The Economic Crisis On The (Asian) Travel Industry

After the economic crisis revealed in September 2008 the issues affecting the travel industry were already discussed at the ITB Berlin 2009 and many predictions were made.

Since the crisis is not over yet, it was also widely discussed during this year’s convention. Following Martin Buck’s contribution within the framework of the convention, that can be accessed through the summary “Trends and Issues in Global Tourism 2010”, this article addresses the influence of the financial crisis on travel and tourism in Asia. Continue reading 

travel-innovations-and-trend-setting-opportunities-in-tourism-at-the-phocuswright-conference

Trend-Setting Opportunities in Tourism at The PhoCusWright Conference

At The PhoCusWright Conference in Orlando on November 17-19 global travel executives came together to discover and debate on the latest trends and opportunities in travel, tourism and hospitality.

A huge variety of innovative travel solutions, technologies, and mobile apps were demonstrated which are expected to significantly impact travel planning distribution and purchasing.

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the-world-travel-awards-winners-are-determined

The World Travel Awards – Winners Are Determined

As the premier global Award of that kind, The World Travel Awards promotes excellence honoring the leader in the travel industry with trophies in all areas of the industry and all over the world. Since 1994 the winners are setting benchmarks in tourism to which all others aspire.

Excellence in over 1000 categories

On a global level the best of the best are celebrated each year in 1012 categories including but not limited to the following: Continue reading 

nbta-2009-summary-by-pass-consulting

NBTA 2009 Summary By PASS Consulting

PASS Consulting Corporation, a leading source of end-to-end technology and services and a recognized industry innovator in the competitive business travel marketplace, successfully presented their Travel Technology Solutions for the fifth year at the 2009 NBTA Convention in San Diego.

With more than 400 exhibiting companies and over 5,600 corporate travel professionals attending, the NBTA Convention is the most recognized trade show in Business Travel. Continue reading 

travel-market-online-travel-agencies-are-facing-tough-times

Travel Market – Online Travel Agencies Are Facing Tough Times

Online travel agencies are facing tough times in the corporate travel segment. Originally, Phocus Wright had forecasted dynamic growth in the corporate segment, especially for the online travel agencies (OTAs), while a slower growth rate was predicted for the direct distributors among the service providers. In their current “Seventh Online Travel Overview”, the analysts have corrected their forecasts: the growth rates of the OTAs are stagnating.

The business travel segment is now experiencing the same trend as the leisure segment, i.e., direct distributors are outperforming the online agencies. In fact, metasearch engines are the unknown factor currently creating suspense among competitors.
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travel-industry-changes

The Travel Industry: Only Those Open To Change Will Reap The Rewards

From a technological point of view, the travel industry is not the hunter, but the hunted. Innovations are neither fostered nor developed to the necessary extent. Suppliers, distributors, travel management companies, but also technology providers are partially to blame for this. However, new concepts can help the travel industry to reduce costs, master crises and offer better products.

The long term future of the travel industry is secure. Due to progressive globalization, the demand for mobility will continue to grow in the future as well, and video conferences will not change this. Continue reading