Global Travel Technology Market – Opportunity, Trends and Forecast 2015-2019 research report includes revenue generated from third-party service providers and excludes in-house IT spending by airlines, hotels and other travel agencies.Commenting on the latest travel technology market report, an analyst said: “Many travel suppliers are focusing on developing in-house applications and software for their business processes, as constantly changing business models require flexible and scalable technology. Increased cost efficiency and reduced IT budgets have compelled many travel suppliers to outsource services to third-party solution providers for key technologies. As a result, they have started using monthly fee subscriptions associated with software as a service (SaaS) and hosted solutions.”
According to the report, organizations spend significant amounts of money on business travel. The cost involved in these business trips includes not only travel expenses but also other costs associated with planning and arranging business meetings, accommodation, food and beverages, transportation, and recreation and entertainment.
Further, this travel technology market report states that building the right multi-channel strategy is a concern for many travel agencies. Most travel technologies have similar functions. As a result, many travel agencies are unable to adopt the correct channel to target their customers.Companies mentioned in this 2015 travel technology market report include Amadeus, Sabre, TravelPort, Navitaire, CRS, Dolphin Dynamics, eCare, Expert Travel, Fourth Dimension, Lemax, mTrip, PcVoyages 2000, Qtech, Technoheaven, Toursys, Tramada, TravelCarma, Trip Solutions, and Web Booking Expert. Order a copy of Global Travel Technology Market – Opportunity, Trends and Forecast 2015-2019 research report.