Travel is leisure for those who loves the taste of visiting new horizons. Since ages planning a vacation excites people because of the fun and experience it enriches a person with. In the past, it included planning everything on your own. Some business minded people found a gap in the process and grabbed the opportunity and started providing service to people in their network. With the progress of IT, few sites came up with integrated solutions wherein flights, hotels, buses etc were introduced. With advent of time, holiday packages were also introduces. The initial sector catered by the industry was cream and rich sector. It was quite costly for middle class family, which indeed forms the major working class sector, to afford such luxury in their life. With more innovative techniques, the price war begun with a target to cover more and more people. Yes, the companies in the business achieved success to a great extent. ?but with advent of time, they got fillip by the gravity of the benefit which was hidden in the industry. Thus many more enthusiasts started their ventures, which we can witness by looking at the number of tour and travel companies, and the result in fierce price war and thirst for innovative ways in reducing cost.
There lies special importance of such travel portals which enables businessperson to provide best packages to the clients possibly by giving the best of inventories of hotels, airlines, buses, restaurants and what not. This all has been possible because of amalgamation of technology and management of such services and the art of presenting or providing it to the users. These portals have revolutionized the travel industry by complete 360 degree. Even there are countries like Singapore, Maldives which earns major portion of their GDP by tourism industry.
Well looking at the future prospects of this industry, what all we can assume is that Future Is Lucrative. We will see boom in number of travel portals which can give tough competition on giants like makemytrip.com, yatra.com and many more alike.
Integration of all the services in a single portal which provides ease of booking to clients, customer with the help of latest technology has enabled solution providers to encash on the hidden opportunity in this industry. Bringing offline service providers online is an art which such travel portal service providers are aspiring to master as it can earn them good margins as well as it can enable clients to provide service at cheaper rate and earn better commissions. The best offers which clients get includes around the clock service support, great inventory at cheap rates, trade margins, secure customer database, online visibility. This all surely adds to profit of service provider, client and customer as well.
So in the end we can conclude that future beholds great opportunities for those who can master this art at the right time seeking the right opportunity.