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Middle East's Leading Travel ERP Technology Provider 2017 OTRAMS is the flagship Travel ERP System of Qtech Software, a Travel Technology Company with 16 years of experience and over 45 clients across More
Benefits of Smart Mark-up Strategies for Travel Agencies
A variety of factors influence your profits, one of the most important of which is your markup rates. A consistent markup policy is required to increase your markup revenue.
A smart mark-up policy allows you to manage your margins while also providing your travel agents and customers with smart pricing.
The Benefits of Mark Up Pricing
Establish a rack rate and add a markup to it to manage your profits. Your markup price is an amount added to your price that allows you to profit more from the transaction.
Competitive pricing: A good markup strategy allows you to sell your inventory at a competitive price, which aids in sales growth.
Travel agents, if your company does not have a travel app, you are missing out on a large number of potential customers. If we've learned anything over the last five years, it's that mobile apps are unquestionably the future of how people buy and sell goods and services. Most, if not all, businesses have a mobile app and use it to serve their customers.
People have relied on their phones for information on travel, booking, and anything else that can make their journey smooth and hassle-free since the smartphone entered our lives. Travel apps are assisting in the transformation of the travel industry by making the process simpler and faster.
Travel apps can assist travelers from the moment they plan their trip to the end of their journey.
4 Ways Travel Companies Must Evolve in the Present Times
The current state of the economy has impacted practically every part of our life in some way. The travel industry, which has been nearly ravaged by the growing pandemic, is perhaps the worst hit.
The rehabilitation phase for the industry has begun slowly as other countries open their doors. However, current estimates suggest that the international tourism business will contract by 60 to 80 percent by 2020. As a result, the path...
Challenges the Online Travel Industry Faces and How to Solve Them?
The online travel industry is one of the fastest-growing industries, but with the current setup, it is difficult to believe that we have taken so long to get here. Taking technological advancements into account, we are indeed being left behind, while other industries with comparatively fewer resources have evolved faster and are much more open to all.
Let’s have a look at the biggest problems the online travel industry is facing today followed by what can be done to minimize or curb them.
FITUR (International Tourism Trade Fair) is a global meeting of travel industry professionals and a major trade show for the Ibero-American markets. It is held in Madrid, Spain, on a yearly basis.
Thousands of businesses from over 150 nations showcase their goods and services at the expo every year. Over 200,000 participants, journalists, and tourists will be able to visit the exhibitions at the same time, connect with one another, receive trade information about the tourist market, network, and set up business meetings.
Are You a Travel agency or a Tour Operator? Here's the best travel agency software for you to start your online travel portal.
We are offering, travel industry's first BUILD NOW and PAY LATER Plan.
Get started with your online travel portal at ZERO Cost
To Learn More, Visit: https://www.otrams.com/fitur
The Arabian Travel Market will take place from May 9th to May 12th, 2022, and the virtual edition will take place from May 17th to 18th, 2022.
ATM has been one of the most enjoyable and well-received events we've participated in over the years.
ATM is a massive gathering of the Middle East Travel Fraternity, as well as a fantastic opportunity to meet our customers, partners, and well-wishers. For over 5 years, our team has visited the Arabian Travel Market, meeting with travel companies from major countries including the UAE, Kuwait, Saudi Arabia, Oman, Qatar, Bahrain, Egypt, Turkey, and Lebanon.
