Bookingxml is an international travel technology and travel software company and we serve travel companies from 100+ countries across four continents. Bookingxml platform is powered by 200+ suppliers across flight, hotels, car, sightseeing, vacations and other ground services.
We partner with our clients to provide strong distribution capabilities - B2B/B2C / B2B2C travel technology, automate travel business process, powerful back office system, flexible content management system and feature a unique standardization element.
Bookingxml develop and enable access to extensive range of travel suppliers which includes all GDS, LCCs, 600,000+ Hotels, 200,000 Activities, 50000+ Car rental locations, Crusies, Eurail, Bus, Insurance and tours and travel experiences worldwide.
One of the leading online booking engine providers EXCLUSIVELY for travel agencies. Our aim is to provide you with a fast and easy online access to the products your clients are asking for, wherever and whenever that may be.
What is Online Travel Agency?
OTA stands for online travel agency, which operates and supplies the services online. OTA Online enfolds a variety of various sorts of services that it provides to global clients including flight reservations, hotel reservation, car reservation, holiday packages, and other travel-related services.
Moreover, there has been maximum growth in the online travel business and that’s why most travel companies have adopted the OTA business model and going for travel portal development for his or her companies.
Travel agencies are contracting travel technology companies to create and set a strong OTA online platform. It is absolutely convenient thanks to its 24-hour availability, global reach, great room inventories, and pricing related to it.
Online Travel Agencies give customers everything they need for a trip on one webpage. This makes these pages famous among travelers and also important for service providers. Being represented on an OTA page provides companies a lot of exposure. These websites often act as an authority in the field, making their suggestions trustworthy.
How do online travel agencies work?
Hotels, airlines, and car hire companies pay online travel agencies to remain on their website. On the other hand, the edge of the service provider is the added visibility that OTAs can provide.
For hoteliers, OTAs have evolved into experienced marketing channels for properties of all sizes. Never before have end-users been able to easily compare different travel options side-by-side in terms of price, dates, and location.
Directly being present on these channels can have a dramatic influence on a property’s visibility. For example, many hotels advantage from the “billboard effect” which happens when potential guests discover a hotel on an online travel agency and do further research about the property, hence increasing traffic to the hotel’s website and leading to more direct bookings.
Following are the steps to start an online travel agency
1) Plan specific your travel agency:
Recognize your interests and passions which are helpful to every customer of your travel business across the world. You need to search for types of travel businesses such as a home-based travel agent or host travel agency etc.
2) Conduct market research and find your niche:
When you start your business, you would like to possess a deep understanding of your customers. In fact, knowing your customers inside and out of doors is perhaps the foremost important key to success. Knowing all of this, BookingXML will help you to find more customers and build a better product for your customers, the customers will rush to buy products and tell their friends and colleagues about them.
These are some of the main points in starting a new online travel agency
Register your agencies, OTA online name and take license as per the local laws,
Integrate with IATA or any other reputed travel companies,
Learn about the travel industry very thoroughly,
Begin and obtain your travel website done by a knowledgeable company.
You can also acquire a top travel software integrated give maximum publicity to your new firm,
Offer the deals, which are specialized in selected geography. Focusing on a niche will bring accolades quickly.
What Are the Benefits of Partnering with Online Travel Agencies?
In one word – exposure! Online travel agents get thousands of website visitors from everywhere on the planet. Plus, they need to position themselves as an authority on everything associated with travel. So, people trust the advice they receive from OTA online. By recording in OTAs online, accommodation businesses like hotels not only reach a huge set audience but also will find their service among many other reputable sources of data.
In addition, hotels that are listed on OTA online also can enjoy what's mentioned because of the ‘billboard effect. This suggests that OTAs provide a sort of advertising for service providers like hotels on their platforms. Once the user gains this awareness, they'll even attend the website of that specific hotel to form an immediate booking.
Nowadays many travelers think that booking online hotels, tickets, and holiday packages on their own save more money and time. So, instead of visiting travel agencies or tour operators, they chose online travel agents to book their travel products. So, earning more along with offline presence online is also important.
OTAs increase the visibility of your travel business. The OTA online provides a platform for small tour operators to become visible to a new market and locations. Travel agents can sell their products globally through a responsive and optimized website and reach the wider market.
OTA offers huge choices and options and allows them to compare relevant products and choose the convenient options for them. For example, if a tourist looking for accommodation then he first looks for the price, available room types, amenities, and interior of room and reviews, etc. And then come across the decision.
So, with the help of OTA online, you can highlight the best hotels or best-selling tour packages along with a photo gallery and reviews which gives a clear view of your product and services. Therefore, you can easily attract local and international customers.
Effectively, OTA online makes bookings on behalf of their users, and they make money by charging a commission fee to suppliers. The precise amount can vary significantly from service to service but is generally a percentage of the amount paid by the customer.
In most cases, the commission fee is paid either after the customer has made their payoff, or after the travel itself has been completed. The commission fee varies per online travel agent. A high amount can be charged in exchange for a higher ranking within search results. This is the trade-off for those within the hotel industry because an OTA can help them to sell rooms, but it's also likely to be one of their most expensive distribution channels.
Because OTAs are essentially available on a 24/7 basis - the net never really closes - travelers have nearly unlimited access to their bookings. This makes it quick, easy, and straightforward for travelers to regulate bookings supported cancellations or errors - flight delays, misplaced reservations, overbookings, and more.
However, with indirect communication capabilities, OTAs are more ready to engage with travelers via chat or messaging applications to assist in troubleshooting errors or disruptions in travel. This leads to peace of mind for the tourist and a positive value proposition for the OTA in their customer engagement.
In addition, OTAs that leverage direct communication channels like mobile chat applications and social media platforms can engage with customers on a one-on-one basis. This strength of customer relations management gives travelers the personalized booking experience they desire with increased speed and convenience.
Advantages of Online Travel Agency
Low-cost method of selling accommodation services
Reduced online marketing spend as OTAs invest in advertising to draw in potential customers
Impartial reviews give customers the arrogance to book
Clients can easily compare various accommodation costs at one place
Disadvantages Of Online Travel Agency
Commission rates are charged on every sale.
Restrictive cancellation terms
Even if accommodation businesses use OTAs, the necessity for his or her own website and booking engine doesn't get away
Investment during a balanced multi-channel strategy could also be needed to improve sales
Why Are Online Travel Agency Important?
Online travel agents are increasingly important for hotels because they serve as both a marketing and a distribution channel. A growing number of potential guests now turn to OTAs to search for their hotels, because they function as a kind of ‘one-stop shop’, allowing them to easily search for hotels, read reviews, and compare prices.
Improve your customer experience with their travel agency software: — With BookingXML you can drive value UP! Increasing the return on every trip and adding value to every step of your business.
Global airfare platform for travel agencies and OTAs: — BookingXML offers a web-based online travel agency flight booking system for OTA online their application is easy to use and offers you a smooth experience to book flights.
Increase your efficiency and automate your sales with BookingXML. We aid your travel business to grow by connecting you to the #1 marketplace of worldwide airfare.
Stand out from the crowd: — Our focus is on creating a good range of travel technology applications for his or her global customers. We have constructed a user-friendly, easy-to-use, and feature-rich flight booking system with a real-time inventory of flights across the globe and APIs.
Travel technology solutions for sustainable business growth: — BookingXML supports multiple sales channels like B2B and B2C booking portals that allow travel agents and travelers to book their tickets or make bookings easily with online travel agency software. You can increase the visibility of your business.