Coronavirus advice for travel businesses
The coronavirus is wreaking havoc on the international travel industry. The United Nations World Tourism Organization (UNWTO) is now expecting international tourist arrivals to fall by between 1% and 3% this year, resulting in an estimated loss of US$30-50 billion in international tourism receipts. You might, quite reasonably, be thinking that now is not a […]
The 6 Best Web-Based Tour Operator Software
Have you been wondering which tour operator software is best for you? Choosing the right tour operator software is one of the most important decisions you can make for your business. As more travelers and travel agents book online reservations in real-time, a user-friendly web interface and a robust booking management system are two of […]
Top 3 Types of Travelers That Use Travel Agencies
There are an abundance of reasons why people travel. What motivates one person to schedule a trip may be completely different from what drives another traveler to embark on the same journey. However, most people would agree that the less stress that goes into traveling, the better. Travel agencies, online travel agencies (OTAs) and tour […]
The necessary importance of tour operators in the tourism industry
Tour operators are a key factor in the success of the tourism industry. Tourists count on tour operators to turn their dream vacations into realities. Booking a tour is an easy way for a traveler to experience a foreign land and make sure they hit the best spots. In this article we are going to […]
Millennials’ Travel Statistics; How do They Travel?
As a travel agent or tour operator, it’s important that you have a clear idea about who your target customers are. Your business model and marketing approach will differ depending on whether you appeal to a broad range of customers or whether you focus on a particular travel niche or age group. Where do your […]
Travel Trends by Age Demographic: Age as the Key Factor in Tourism
As the travel and tourism industry keeps growing, travel trends keep changing. The switch to online solutions brought about one of the most significant changes in terms of booking. More and more people book their vacations with online travel agencies, as it’s easier, faster, and more convenient. However, most of the latest travel trends have […]
What exactly is travel technology? All about this industry game-changer
Technology has become an integral part of our lives, completely changing how we work, shop, eat and spend our leisure time. With just a few simple taps on our smartphone, we can order food, purchase home appliances, make dinner reservations, and much more. Constant technological advances have even made their way into the travel industry. […]
5 Travel Industry Facts You Need to Know in 2024
Travel is one of the most dynamic industries. There are many moving pieces of the travel industry puzzle, and each one affects its expansion, growth rate, and revenue. All these factors, such as supply and demand, availability of transportation, economy, and travel tech, are subject to changes. It makes tracking and learning travel industry statistics […]
Explore How Travel Companies Benefit From Corporate Partnerships in 2021
Technology has always had an important role in how businesses operate. Tech solutions bring a variety of options to all business industries, especially the travel industry. Airlines, travel agencies, OTAs, tour operators can all get specialized travel solutions from a leading travel technology firm. This will help them engage customers in a much more profound […]
Gen Z Travelers: How Their Travel Behavior Compares to Millennial’s
Organizations in the travel and hospitality sectors often run market analyses to learn what their target audience needs and wants are. One of the key initiatives is demographic segmentation and trying to discover how each of the segments behaves. Gen Z travelers make one of the most significant demographic segments today. Discovering and understanding their […]
4 Reasons Why You Should Attend WTM London 2021
Travel events are must-go events for all parties in the travel sector, especially tour operators and travel agencies. The events, such as WTM, provide amazing opportunities to meet potential new business partners, facilitate business growth, and identify cutting-edge technologies with transformative power. During the pandemic, the entire industry, like many others, adapted to virtual events. […]
Top 6 Free and Paid Itinerary Builders for Travel Agents
Making your own travel itinerary templates is a great idea. You have your own workflow, know how to structure it efficiently, and how to distribute it. However, since you are here, you probably have some issues with your trip itinerary template. Maybe you are not satisfied with their design? Do you find it too time-consuming […]
The Top 13 Online Travel Agencies in India
People searching for online travel agencies in India will be surprised by how many there are in the market. But, as with any other business model, there are no two OTAs alike. Some will always be better than others in terms of reliability, the attractiveness of their offers, and the size of the supplier network. […]
Understanding the Important Role of Technology in Tourism Marketing
The travel industry has always been thriving on technological advancement. However, some tech pops up in the real world more while other solutions are nowhere to be seen. For instance, under the hood of a modern marketing strategy, there is nothing but technology. Yet, since it remains invisible, the importance of technology in the tourism […]
The List of 28 Travel Companies, Tour Operators and Travel Agents in Europe
The old continent has more than a couple of jewels famous among avid travelers. However, the travel experience isn’t just about the gorgeous destinations. Travel agents play a crucial role here as they promote destinations while, at the same time, catering to the specific needs of their clients. And, yet, it appears that there is […]
Positive and negative effects of Social Media on the Tourism industry
The social media phenomenon has this incredible power to impact various industries. The tourism industry seems to be very susceptible to the effects of social media platforms. To what extent, though? The travel industry is among the early adopters of new technologies and solutions. Social media networks enabled the sector to improve various processes and […]
4 Key Travel Industry Digital Transformation Trends That you Should Know
The travel and tourism industry keeps moving forward rapidly thanks to new technologies. Digital technologies have created new opportunities for travel agencies and facilitated the digitalization of business processes based on traditional methodologies. If you want to stay competitive in the dynamic travel market, you need to know what the competition is doing and find […]
8 Use Examples of NFT in Travel and What is Coming Next
The travel sector heavily relies on both hardware and software innovations. With the help of technology, travel organizations can streamline everything from online booking to personalized offers. Some major technology advancements are even capable of transforming the entire sector. Such is the case with travel NFT. The chances are that you are hearing about travel […]
What is OTA in Revenue Management and how to do it right?
A hotel revenue management strategy is usually a comprehensive strategy encompassing various analytics and demand forecasting tasks to custom tailor pricing and distribution strategies. While there are many independent hotels, most hotels list their accommodations through OTAs. But where does that leave OTAs? The OTA market is quite dynamic and has some serious competitors. Is […]
What Does Social Tourism Mean and How it is Redefining Travel?
The tourism industry offers an abundance of benefits. It encourages economic growth, creates jobs, and brings massive amounts of revenue to some of the most popular tourism destinations. However, it’s not always beneficial directly to the local communities, and it’s not always accessible to all. On average, from every $100 spent by travelers in developing […]
All You Need to Know about TikTok Travel Marketing
Companies in the tourism industry have been using various platforms in their social media marketing mix. TikTok is a next-gen social media platform that has taken the world by storm. It’s everywhere! You can even see TikTok videos on Facebook Reels and Instagram Reels and Stories. If you are in the sector, you are probably […]
Data Analytics in Tourism Industry: What Is It, Benefits, How It’s Used, & Real-life Examples
Big data and data analytics are most commonly tied with industries such as fintech and IT. However, a few years ago, they also made it into the travel sector. They didn’t just make it into the industry. The enormous adoption rates of data analytics in the sector have created a brand new market – the […]
What is a retail travel agency? This is how they operate
If you are reading this article, the chances are you have an interest in the wonderful world of tourism. You will see in the following sections that there are ample opportunities to create or grow a travel agency. First of all, you need prior knowledge of the market, to conduct an analysis of the right […]
Travel Trends for 2023 that People in the Industry Need to Know
Given that the tourism industry is one of the most dynamic verticals, it’s becoming increasingly hard to know what’s coming next. Every year unveils new trends. Whether it’s corporate travel, tourism marketing, or tech, trends keep emerging almost regularly. Identifying all the relevant trends can be daunting if you try to do it manually on […]
The 6 phases of a tourist destination’s life cycle
Since the mid-20th century, thanks to factors such as the emergence of commercial flights, higher household incomes and the regularization of paid vacations, among others, tourism has become a mass phenomenon. Until then, this was an activity that had been carried out empirically, causing some tourism projects to become unsustainable over time. In order to […]
The 46 Most Important Travel Industry Events for 2023
The hospitality industry and its sister industry, the trade industry, are among the most dynamic sectors when it comes to events and trade shows. Simply put, your calendar is not big enough to fit the sheer number of travel trade shows that take place around the globe. How do you decide which ones are worth […]
Your Ultimate Guide to Personalization in Travel Industry
Over the last few years, personalization as a concept has become a central paradigm across industries. It’s one of those tourism trends that continues to be one of the main topics experts emphasize year after year. But what exactly does it imply? What is Personalization in Travel? Personalization in the travel industry refers to the […]
Unlocking the Potential of Blockchain Technology in Travel
Blockchain technology has opened up the potential to revolutionize the travel and tourism industry, allowing businesses and travelers alike to benefit from the safety, security, and efficiency that Blockchain provides. According to Informatics research, “In 2025, blockchain technology is expected to become a central component of business operations in the hospitality and tourism industry.” As […]
5 Ways Augmented Reality is Enhancing the Tourism Experience
Augmented reality (AR) can truly transform the way people discover and explore new places. By combining physical exploration with digital elements, travelers are able to gain deeper insights into different cultures while making memories along the way. In today’s world, more and more travelers are turning to technology to add excitement and convenience to their […]
The Economic Impact of Tourism: What You Need to Know
Tourism encompasses much more than just leisurely vacations and exploring far-off destinations. In fact, this vast industry plays a significant role in keeping the world economy thriving. When the world shut down due to the COVID-19 pandemic, we saw its devastating effects on the tourism industry. Airports were shut down, hotels were left empty, and […]
Regenerative Tourism 101: What it is, Examples, Implementation, & More
Regenerative tourism is not a brand-new concept in the tourism industry. It’s a powerful force bound to transform traditional tourism and replace obsolete practices that mainly aims to replace exploitative and wasteful practices. With this in mind, it’s easy to outline the importance of regenerative tourism in the current global context. It doesn’t only help […]
Complete Overview of the 5 Sectors in the Tourism Industry
The tourism industry is one of the most dynamic landscapes. That’s primarily because it consists of several unique sectors. Each one of these sectors goes through comprehensive changes and is subject to many factors. Nevertheless, understanding these sectors is quite essential! Why? Because it can help you make informed business decisions, identify valuable growth opportunities, […]
Travel Niche: What It Is, How to Leverage It, Case Studies & More
Niche travel is one of the few travel sectors that have maintained their pre-COVID market growth. By catering to specific traveler segments, niche travel developed products around adventure travel, eco-tourism, LGBTQ+ travel, and wellness retreats. Take adventure tourism as only one segment of the niche tourism market. In 2021, it reached 288 billion in size, […]