travel tech insights

Mobile Bookings by the Numbers

It’s no secret mobile bookings are a major force in today’s travel industry. Travelers - particularly  millennials and digital natives - are more tech savvy and connected than ever before, and they’re using mobile capabilities to research, book, and review travel experiences at unprecedented levels.

According to the travel industry research group Phocuswright, the online travel market in the United States has seen revenues surge to more than $166 billion since 2012 - in addition, roughly 45 percent of domestic travel spending will come from online travel commerce. Both of these staggering statistics are in large part driven by mobile capabilities and how travel companies leverage their mobile platforms to reach customers and engage with travelers.

In fact, these statistics are just two of many that support the mobile narrative unfolding across the travel and tourism industry. The figures behind the rise of mobile booking technology and the impact this development has and will continue to have on how travel companies and customers interact is one of the more interesting and revealing aspects in today’s travel landscape.

Topics: Mobile Technology travel trends Mobile Bookings Mobile App Mobile Travel

Why OTAs Should Embrace Travel Apps

You hear it all the time: “I really love the features of this travel app, but I wish I could actually talk to a travel agent…”

Even in today’s travel industry where interconnectivity and deploying the latest technology platform is the name of the game, travelers still crave the personal, one-on-one interaction brick-and-mortar travel agents provide. Such personalized connections have long been a critical challenge for online travel agents (OTAs) as they strive to maintain a foothold in the travel industry, particularly when attempting to reach millennials and other highly-prized demographics.

Topics: Travel App online travel agency Mobile App Chat

Keep Connected: How Mobile Travel Apps Promote Customer Retention

Many of today’s travelers view mobile travel apps as the simply the newest method to quickly and conveniently research, book, and modify destination and bookings - a shortcut or way around working with a traditional brick and mortar travel agency or even an online travel agency or management company. But for those within the travel industry, particularly travel agencies themselves, mobile travel apps are a key marketing tool travel agencies can leverage to increase deploy modern customer engagement campaigns and increase customer retention.

A recent survey published by Euromonitor International found roughly 44 percent of travel bookings completed during 2016 will be done via mobile devices such as smartphones or tablets, and the use of mobile travel apps is also expected to play a large part in these bookings. Must-have market segments for travel agencies in today’s travel industry like millennials and travelers from emerging markets are spending more and more of their time online, incorporating apps into their daily lives in unprecedented numbers.

Topics: Travel App travel agency customer retention Mobile App Customer engagement Mobile travel apps

Travel Apps By the Numbers

It simply can’t be stated enough: mobile travel apps have changed and are changing the way today’s traveler experiences travel and the ways travel companies reach their customers. Whether you’re talking about millennial, adventure, or experimental travelers, the impact of mobile travel apps is undeniable, and there’s no greater proof than the resources travel companies, suppliers, and travel agencies have dedicated to becoming more responsive, faster, and more agile to cater to the mobile needs of the modern traveler.

While the industry ramp-up in mobile app technology has been steady during the last five years, hotels and hotel booking suppliers have made a strong push during the last 18 months to create robust mobile app platforms aimed at offering customers the easiest, most convenient platform to research and complete bookings, while at the same time working with travel management companies and online travel agencies to create better visibility and enhanced transparency when it comes to inventory, transactions, invoicing, and other operational processes.

Topics: Mobile Technology travel mobile app Mobile Bookings Mobile App travel booking system

Pros and Cons of Mobile Travel Apps

Isaac Newton’s Third Law of Motion says for every action there’s an equal or opposite reaction - essentially, each action has two component parts that not only rely upon each other but can also counteract or combat each other’s characteristics. But what does Newton’s Third Law of Motion have to do with the travel industry?

Well, when it comes to travel apps and how these platforms provide value added for travel companies and their customers, the issue is not necessarily a matter of black and white. Instead, much like Newton’s Third Law, each action - or component of a travel app - has distinct benefits and liabilities - actions and reactions - that travel companies should consider before implementing a mobile app strategy or solution.

While it’s fair to say the travel industry at-large has more or less fully-embraced mobile concepts and functionality during the last few years, smaller travel companies or new start-ups are faced with a myriad of decisions and value propositions when it comes to creating and propagating a mobile platform.

Topics: Mobile Technology Travel App travel trends Mobile App Digital Technology