Key Strategies to Increase Revenue for Online Travel Agencies - Shaun Stenning
Technology is growing fast day by day and so is the use of the internet. As the internet has worked to streamline many processes, it has turned the marketplace for Online Travel Agencies(OTAs) too crowded. In today’s fast-paced world, Online Travel Agencies like Expedia, MakeMyTrip enormously influence the way travelers make tour bookings. These Online Travel Agencies offer many benefits to traveling bookers by bundling hotel reservations with rental cars, air tickets, etc. According to Shaun Stenning , “Online Travel Agencies are not only competing for clicks and revenues but they are also competing with hotel chains and airlines that sell their product directly from their website.” “As the travel industry is rapidly becoming a very competitive market, we need innovative strategies to increase its revenue.” Shaun Stenning said. In this post, we will be discussing some of the key strategies to increase revenue for the Online Travel Agency. 1. Have A Good Website We come across ma...