Travel agencies are facing unparalleled challenges from the competitors. It was able to transform the distribution, buying and selling aspects in the travel market. Global Distribution System (GDS) will let your business stay ahead of the competition and exhibit a steady growth in the travel business. GDS is considered as the primary reservation tool for travel agents. It is the fundamental aspect of supplying travel products to retailers.
What is the relevance of GDS integrated system?
GDS is considered as the network/platform that enables the travel agencies or their clients to easily access travel data, place the bookings, compare the various booking prices for flights, hotels, buses and so on. There are GDS systems offered by Travelport, Sabre, Galileo and Amadeus. These major GDS systems can enable your travel website to gain billions of dollars every year.
GDS offered by these major companies can access real-time inventories of hotels, bus, flights, railway, and the car rentals.
What are the important aspects of GDS system for travel agents?
Just imagine how the airline reservations and ticketing used to happen in the olden times. Many people will be sitting and working together in an office and one receptionist to connect with each team for various bookings. An index file for each flight has to be maintained and the tickets were manually written when the reservation is placed through a phone call. The reservation cards will be kept in the cubby hole and the whole process takes 90 minutes to 3 hours. This takes a lot of time and effort to place one booking. When there are multiple reservations under each category, then it’s going to be a tough job.
The modern GDS system evolved from the collaborative effort put forward by American Airlines (AA) and IBM. This further developed as Sabre GDS system. Nowadays the travel agencies, tour operators, and OTAs use more complex GDS system to find the best available travel, hotel and airline reservation rates. The agents are able to place the reservations for clients in real-time. This has made the entire booking processes easier and faster.
This GDS system will send promotional messages to the travel agents and from there to their customers. It will send alerts to agents regarding special fares, rates, discounts, and packages. This is an effective marketing and promotional tool for your travel business. GDS providers are becoming “fundamental to the supply of travel products to retailers in the online channel.”
High traffic travel websites like Booking.com and TripAdvisor are using GDS integrated system to manage the traffic happening during the specific time especially in seasons.
What is the future of GDS in the travel industry?
Some industry experts are predicting that the GDS systems will be out of date by 2020. But there are chances that it may evolve or undergo a complete transformation and a new version may emerge. GDSs can turn into a ‘direct corporate booking tool’ rather than a booking tool only for travel management companies.
Innovation may refine and tailor engines to target particular travel interests like corporate or leisure travel. Technology may likewise deliver new answers for make information more valuable and pragmatic for clients (travel operators) and extend to cover new ventures.
GDS is likely not going to fall into neglect at any point in the near future. Or maybe, it will keep on evolving as it did from the old travel management techniques of the 1950s.
What is the cost of online booking software for a travel agency, DMC?
If you are associated with the travel industry as a travel company, tourism development organization, resort, travel agency, consolidator or a travel adviser; you may be using travel technology solution that lends you the edge to attract/retain customers and beat competition. To set up OTA software, one needs to have a clear idea regarding the cost involved in developing a travel portal. After-all nothing comes without a cost. For every dollar that you spend in developing the travel software, you should get 10 fold back as the latest technology driven online travel booking software will drive more customers – means increase in sales & revenue.