5 Stats That Paint A Bright Future for Travel Agents
By Nick Ostdick on Mar 28, 2017 2:00:48 PM
132,00. That’s how many travel agents were in operation in the United States in 1990, according to the U.S. Bureau of Labor Statistics (BLS). By 2014, that number had dwindled by half to about 71,000 and the projections for the next ten years indicate a continued decline by about 12 p …
5 Ways Online Travel Agencies Can Increase Bookings
By Nick Ostdick on Feb 7, 2017 12:38:33 PM
It’s a trend you see all too frequently in today’s global travel industry: a traveler lands at an online travel agency’s website with the intent to complete a booking, but then leaves the site empty-handed. This can happen for any number of reasons, but the result is the same regardle …
From Then to Now, Part II: The Travel Industry's Major Players
By Nick Ostdick on Sep 1, 2016 9:45:27 AM
In the first entry of our series on the evolution of the travel industry since 2002, we looked at the traveler and how their needs, desires, tools, and buying behaviors have shifted during the last 14 years. We examined how advances in personal and industry technology have made it eas …
5 Myths About the Role of Online Travel Agencies
By Nick Ostdick on Aug 16, 2016 7:46:55 PM
Ever since they rose to prominence, there has always been misinformation about the role and value of online travel agencies (OTAs). OTAs were initially viewed a short-cut to increased profit margins and growth without really adding value to the travel and tourism industry. However, wi …
Getting Your Products Out There: Technology, OTAs, and Distribution
By Nick Ostdick on Aug 9, 2016 9:32:39 AM
Talk to OTAs across the globe about their highest priority concern and you’ll hear the same thing again and again: Distribution. In an increasingly competitive, global industry, the ability of an OTA to sell and distribute services quickly without error is critical to driving growth a …