Increased competition and decreased profit margins is the mantra of the day
The online travel market is expected to touch USD 32 billion in sales by the year 2003. There has been heavy investment in the travel industry since what is termed 9/11 (Sep 11th, 2001). The crisis created a dramatic drop in demand which forced Travel Companies / Agents, Hotels, Airlines to rethink pricing and operational issues. The Internet allowed for smart and proactive suppliers to connect with their customers, move stocks and stay ahead of the competition. Airlines are now forming partnerships with Hotel Chains and Car rental companies to incentivise people to book online.
The cost of online sale of tickets / travel related services or hotel reservations is substantially lower. The need for an online presence is further compounded increasing online consumer adoption. Medium and large scale travel companies need partners who understand the online environment and are capable of developing success online strategies for their business. Prophetic develops solutions that are customized to the need of individual customers; turnkey solutions for travel agencies and intermediaries, airlines, hotels and transportation companies.
Prophetic has worked with both large and medium scale travel companies. We have used our understanding of the diverse travel and transportation audiences to develop solutions that not only help companies sell smartly and more economically but also reach across the enterprise and the value chain. Our tailor made solutions can help in reducing operational costs, operational efficiency and build long lasting relationships with customers while keeping your employees motivated. Our solutions that include both the use of Internet and wireless technologies that are all aimed towards giving you an extra competitive edge.
Our services for the travel and transportation industry include:
CRS Implementation – Integration of a fully customizable online booking engine which allows you to publish and sell negotiated fares online.