Future of Inbound Tour Operators With Travel Technology Solutions

The statistics show that in the last 20 years, travel agents share of bookings has declined by 50% due to the arrival of online portals as they tend to provide the good discouts in hotel reservations and other beneficial offers on other services. However, even though the hotel reservations part of travelling has seen a great fall for travel agents, more than 70 % people who are travelling to overseas still tend to book their flights through travel agents as they provide them a much better price.

With this data, we can understand the future of travel agents and tour operators if they employ efficient technology. With this heavy competition in the travel market, only travel technology solutions can help both inbound tour operators and outbound tour operators to thrive their business. For instance, let's take an example of inbound tour operators who target audience from foreign countries to travel their country offerings. With latest technology, they can promote their country's travel products in foreign nations and specifically target people who are planning to travel abroad.

Similarly, an outbound tour operator who sends their country's traveler to outer destinations can promote their business by highlighting other country's travel products and target their country's people planning to take a foreign trip.

A destination management company can easily attract more travelers who are looking for a foreign trip to choose their services instead of going to an online portal by defining and targeting a specific market and defining their niche, which is of great importance. However, while planning a trip to another country, travelers top priority is the cost involved, hence you will need to adjust your price according to the comfort of the traveler and give them a price they won't find on any online booking engine. And in order to make sure this happens travel technology solutions would aid you offer premium services and value for money to the customer, giving you a higher return on investment (ROI).

But, it is expected of you to be as efficient as possible. A customer will come to you after analyzing all the pricing on portals, hence offer him the best services at as reasonable a price as possible.