If
you are associated with the travel industry as a travel company,
tourism development organization, resort, travel agency, consolidator
or a travel adviser; you may be using travel
technology solution
that lends you the edge to attract/retain customers and beat
competition. Travel
portal software
is ideally suited for those travel agencies who require flexible,
easy-to-use solutions to automate and control their business online.
Your experience in your industry, backed by this robust technology,
will give you the necessary ammunition to skyrocket your business
through the web.
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cost
of travel software
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So,
how to enter the OTA market? How much it cost to build an online
travel portal??
To
set up OTA software, one needs to have a clear idea regarding the
cost involved in developing
a travel portal.
After-all nothing comes without a cost. For every dollar that you
spend in developing the travel software, you should get 10 fold back
as the latest technology driven online travel booking software will
drive more customers - means increase in sales & revenue.
The
overall project cost depends on the complexity and depth of your
requirement. If you know nothing about development and cost, here are
some points to be considered:
1.
Choice of t-commerce platform:
A
comprehensive travel portal can be developed on various t-commerce
platforms like flight booking engine, hotel booking engine, car
rental software, cruise booking engine, bus reservation system,
holiday and packages booking system etc. Depending upon one’s
requirements and business vision, the specific platform can be
chosen. While choosing the appropriate travel module, you need to
know the cost associated with it.
Flight
Booking Engine:
It is one of the leading travel commerce platforms that provide
distribution, technology for global tourism and travel industry. An
airline reservation system comes with an XML integration, which is
ideally provided by some API or GDS (Global Distribution System)
consolidators. API/GDS is a network operated by a company that
enables automated transactions between third parties and booking
agents in order to provide travel-related services to the end
consumers.
A
basic flight reservation system with an API integration usually costs
between 6K to 9K USD. For a booking engine with GDS integration, say
Amadeus, you can add 25% to above cost.
Hotel
Booking Engine:
Online hotel reservations are a popular method for booking hotel
rooms. It is a computerized system that stores and distributes
information of a hotel, resort, or other lodging facilities. Large
hotel chains typically have direct connections to the airline
national distribution systems (GDS) (Sabre, Galileo, Amadeus, and
Worldspan). These in turn provide hotel information directly to the
hundreds of thousands of OTA through their XMLs, which are integrated
in a travel booking software.
A
hotel booking engine with a base level design can cost you between 5K
to 7K USD. Any customization in terms of design, functionality,
features etc., can cost you more.
Car
Rental, Cruise and Bus Booking Systems: For a comprehensive travel
booking engine, these all modules play a vital role in terms of
business spread. According to a study report, the travel portal with
these comprehensive services have more visitors compared with a
single service provider booking engine.
Generally
adding a car rental software or cruise / bus booking engines in a
travel portal costs between 3K to 5K USD each. However the cost
varies if you go with a single module system development.
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b2c
booking engine cost
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2.
Choice of business models:
There
are basically two different types of business models - B2C, B2B.
Based on the audience, one can select his appropriate business model.
B2C:
Business-to-Consumer
(B2C) Model refers to the tactics and best practices used by the
companies that sell their product and services directly to the
consumers. For a booking
engine with B2C model,
you can add 15% to above cost.
B2B:
Business-to-Business (B2B)
usually connects customers & partners to important company and
product info. In simple words, it refers travel AGENT module. This
model ensures your business growth as well as stability. For a
booking
engine with B2B model,
you can add 30% to above cost.
Travel
portal development cost
varies a lot based on the features and platforms associated with the
system. It can be commented after going through the detailed
requirements. Professional
travel portal development companies
have ready framework for different type of travel models and thus
using that, may reduce the time and development cost. Better to share
your scope with a professional development company and get the
absolute idea about pricing.
Regarding
Author:
