Showing posts with label Travel Technology Outlook. Show all posts
Showing posts with label Travel Technology Outlook. Show all posts

Travel Technology Outlook 2015


Travel industry is changing drastically with the advent of travel technology. For the last few years, it has established a niche platform for the travel operators and assists them to enrich their efficiency with relevant products and services and thereby enhance their business performance. Travel technology outlook in the year 2015 can be regarded as the prospective tool for the travel industry.

If you are one of those tour operators who wants to get par with technology then you must try to focus on the following tech trends:

1) Travel metasearch: With the expansion of online travel booking there is an increase in customer search layer and marketing funnel. Online Travel Agents can be benefitted by Travel Metasearch, which will help them to invest in cost per click to divert customer bookings to their own websites. Travel metasearch has achieved growth in 2014 with an expected growth in 2015.

  • It has been analysed that whoever has the best skill to convert clicks to bookings will have greater capacity to outstrip the other competitors.
  • Travel metasearch can maintain an outstanding relationship with the OTA partners. Its technology enables them to sell more inventory than anyone else through its dynamic pooled inventory distribution design.
  • Seeking the benefits of travel metasearch, Priceline, Expedia, Trivago and Kayak have invested in meta-search channels.
  • Travel meta-search provides opportunity for direct booking in contrast to online search by large online travel agents which is often considered as “battle for eyeballs.”
  • Its results, in improving the customer experience and conversion rates.

2) Email marketing: As the number of e-mail users is increasing globally, so it has created platforms for the marketers to fully implement e-mail targeting and personalization strategies. Success in the e-mail marketing space is dependent upon the quality of the content.

The E-consultancy email census report of 2014 projects 20%, 22% and 24% of dealers, has identified three important points to focus on this year by 2015.

  • Analytics.
  • Specific data quality and
  • Distribute appropriate communications.

3) Social Media: People realized that social media like Facebook, Twitter etc. serves as a business and marketing channel in recent times.

Social media is a channel where consumers are the king. They are located in the opening, central and the last part of the purchase path.
  • Promoting products with a team made up of social media and digital marketing members can optimize your advertising cost through targeting millions of brands on a Facebook Page.

4) Mobile Booking: Mobile travel bookings are projected to rise across the world. One of the largest segments of e-ticketing through e- mobile booking is expected to see a flow in 2015.
  • According to a consulting firm, in the year 2015, the US is projected to comprise one quarter of the online travel market as it advances from just 2 % in 2011.
  • Asia Pacific marks more than 20 % of travel bookings made on a mobile device along with Brazil and Germany which is less than 10 %.
  • On a global basis, mobile bookings are growing faster than desktop booking that ensures 20 % against 2 % over the first six months of 2014.
  • Smartphones and tablets account for 21 % of hotel bookings, while a peer-to-peer apartment rental is the category with highest mobile penetration of 34 % globally.


5) Google Glass: Despite of the fact that technology in its current form is trolling consumers the airport truly seems excited to be using Google Glass. The airport authority created an app that allows the Google Glass wearer to quickly call up flight information according to the gate rather than call to report.

Though it may sound magical to you but it’s true.
  • Glass was being deployed around the airport and on the runway, being used to both track the passenger’s journey through the terminal and for getting information to operations folks on the ground.
  • The use of glass worked for the airport that made information efficiency and it will certainly help other sectors of the travel industry to set free ground resources in the coming years.
Conclusion: Travel technology will undoubtedly carve out a niche for itself in specialized global travel market in 2015.It will certainly trigger the individual DMC to incorporate the ultimate technology trend to expand business in this competitive era.