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About
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
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...
How do you develop a white-label solution?
The most important aspect in establishing a white-label solution is a technology supplier. The technology supplier creates the white label, which is a standard element of a solid technology platform. The wholesalers then offer this to the travel agent. Wholesalers that want to provide such solutions must work with a reliable technology supplier. https://www.otrams.com/white-label-solution-for-travel-agencies/
The travel industry grows faster than it was thought. Here's a list of 8 mega tech trends in the travel industry that have taken the industry by storm.
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.
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.