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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.
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.
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.
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.
1) Scenarios that are bad for travelers and Your Business π
2) Leveraging WhatsApp for Customer Communications π¬
3) 6 New Suppliers integrated with OTRAMS Enterprise (LCC βοΈ, SMS π², Payments π±and API)
4) Tips to choose the right Travel Supplier for Your Business π₯
5) 5 Travel Business go live on OTRAMS GO!