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How travel product sales typically flow from suppliers to consumers?
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∙ 10y ago
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What services does Priceline offer to consumers?
The services that are offered to consumers by the online company Priceline is finding the best prices on hotel rooms, rental cars, airline flights, and other travel arrangements.
How do tourists contribute to Gross Dometic Product?
Tourists purchase hotel accomodations, restaurant services, travel services, entertainment services, and the like. These all contribute to the nation's overall GDP (Gross Domestic Product).
Why doesn't price cause a shift in demand?
Demand can remain high despite its price depending on the commodity or the product. It all depends on the commodity in question. In the US, the price of gasoline will have little change in its demand. For example, for the most part, gasoline is used by consumers to travel to work. As people must still get to work, the demand for gasoline will not change to much. Yes car vacations in the Summer may lessen, but the price won't change unless the quantity of gasoline expands.
What is the impact of technology on travel agencies?
The impact of technologies on travel agencies is so profound, that in fact it should be viewed as a key factor for their success.As we recently wrote, technology enables small and mid-size travel agents to successfully compete online with well established OTAs (Online Travel Agencies).Quoting Andrey Spektor - founder and CEO of Gimmonix Technologies, and the creator of Carsolize - a complete online travel booking solution:"On a personal note and from past experience, even a small travel agency with less than 10 employees can successfully grow and rapidly expand, with low capital investment in Internet technologies. As an example, various travel suppliers today provide for 10-15% gross commissions, while handling processing charges. Flight-booking is an Achilles heel of non IATA agencies. But hotel, car and other travel resources are at their disposal. By integrating these in a single system with a solid, user friendly interface, managing online client support, engaging in Facebook activity, and establishing direct travel relations with oversees partners - a travel agent can become a self made OTA. And if it seems that current penetration cost is too high, what is the cost of losing your business?"
What is travel propensity?
Gross travel Propensity + Net travel propensity
What are travel suppliers?
Travel suppliers are people that provide supplies for trips.
How does natural gas travel from producing fields to consumers?
Natural gas typically travels from producing operations via pipelines
What does the website 'feildandtrek' offer to consumers?
Feildantrek is an online site that has many products such as tents, walking boots, travel clothing, sleeping bags, and outdoor equipment. Their product line is very price competitive.
Why do travel suppliers need distributors?
It is impractical for any supplier to have sales offices in every city in the of 5,000 or more people. Thus, some outside organization such as a retail travel agency can represent the supplier in any particular community and be paid a commission for each travel product sold. As there are over 20,000 agencies in the country, there is good coverage of all markets.
What are the basic functions of travel agencies?
The travel agency exists to match specials and offers with consumers. The travel agent makes the travel go smooth by prearranging the details of the travel.
Is a pediatrician required to travel?
Pediatricians are not typically required to travel for their jobs.
Do mustangs horses travel in packs or alone?
Mustangs typically travel in herds, but they will travel alone if they have to.
Is travel deals a product?
Ya
Where does a cosmonaut travel?
Cosmonauts typically travel to the International Space Station but in general travel to outer space.
What is product miles?
Product miles are the number of miles a product needs to travel to reach its retail destination.
What does product miles mean?
Product miles are the amount of miles a product needs to travel to get to where you need it to go.
Who is the leading supplier of corporate jet travel in the UK?
The leading supplier of corporate jet travel in the UK is Aircharter. There are several other suppliers including captainschoice, airbus and airpartner.
