Global distribution systems (GDSs) are the travel industry data networks that connect service providers (airlines, hotels, cruises, car rental companies, tour companies) with travel agents. Through real-time, automated transactions, these companies help us book more than 60 million hotel rooms, 50% of all flights worldwide, and countless cruises, car rentals, and tours. These companies also provide IT services to airlines, airports, hotels, and other hospitality organizations.
Online travel agencies (OTAs) are the consumer-facing platforms that provide empowering and innovative ways to shop, compare, and purchase flights, hotels, rental cars, and other travel services. An invaluable tool for promoting competition in the travel and tourism marketplace and providing market access to newcomers, these companies play a vital role in providing affordable, convenient, and desirable travel options to consumers.
Short-term rental innovators are transforming the way millions around the globe travel with innovative platforms that plug travelers into local economies. Short-term rentals have been available across the nation for decades, but have become more popular as technology helps make them more accessible and affordable.
Metasearch engines empower consumers by displaying travel options and directing them to supplier and OTA websites and apps to book their travel. Recent studies suggest that about 50% of all consumers start their search on metasearch platforms.
Travel Management Companies (TMCs) are travel agents that fully manage the business travel requirements for individuals, companies, and organizations.
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Delivered every Wednesday, Travel Tech’s Passport newsletter keeps you up-to-date on the latest news at the intersection of travel, technology, and public policy.
