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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
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...
We now live in a digital world in which technology has made everything we require readily available. The corporate world has been transformed by innovation and automation.
Technology has altered the way we interact, shop, travel, and so on. Customers' expectations have also shifted as a result. People, especially when it comes to services, believe in and want rapid satisfaction. One such field is travel and hospitality.
As a result, technology not only attracts but also keeps hotel visitors. Hotels must have a well-functioning reservation system in order to meet and exceed their visitors' expectations.
A hotel reservation system, sometimes known as a hotel booking system, is software that allows customers to reserve rooms and pay for them online.
Access to the best technology makes it the simplest to create and sell semi-dynamic packages. OTRAMS by Qtech Software includes a cutting-edge package creation tool that is ideal for creating semi-dynamic packages.
What Are the Advantages of Using an Online Hotel Reservation System?
With everything discussed regarding the benefits and requirements of a hotel reservation system, it is critical to comprehend why one should spend wisely in one.
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.
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.
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To Learn More, Visit: https://www.otrams.com/fitur