A recent study published by Facts and Factors shows that the global online travel booking market size and its share of revenue were valued at nearly $782 Million in 2020. By 2028 it’s expected to grow to an impressive $2,000 Million, which means that the market demand is higher than ever.
The popularity of online booking management systems came to rise due to the increased availability of technology and the rapid growth in usage of mobile applications, which completely transformed the way travellers book experiences and activities. We want everything available at our fingertips.
Finding the best tour operator software can completely change the way your travel business operates and grows. It can easily save you vital time by streamlining processes allowing you to focus on what matters most: providing the best experiences for your customers and generating more revenue for your business.
We know that great tour booking systems are at the heart of every successful travel business. With tourism making such a comeback in 2022, the question now is, does your company have the essential technology to meet the market demands and stay ahead of the competition?
Considering the current economic climate, travellers will continue to prioritise travel in 2023, but they will be more mindful of how they can get the most of their travel budget and what exactly is a priority as part of their travel itinerary.
50% of travellers say that investing in a holiday remains a top priority for them and 68% continue to prioritise travel while seeking to get more value for money. In 2023 the pressure is still on travel companies that may not be ready for an influx in online bookings and managing the customer experience.
It’s true that the travel market can be highly competitive, and tour operators need to stay on top of their game in order to succeed. One way to do this is by using digital tools and software products that can help streamline operations, improve efficiency, and enhance the customer experience. By investing in the right technology, tour operators can beat the competition and continue to effectively grow their businesses.
So how do you know which online booking management system is the right one for your tour business? Here are six key features a booking software should have in 2023: