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Challenges in Marketing Strategy of Online Travel Booking Industry in China : -A case study of Ctrip.com and Qunar.comZhang, Dongdong January 2014 (has links)
Information technology plays an important role in the hospitality and tourismindustry. The internet has reshaped the distribution channels and thus suppliers andconsumers can contact directly. It also changes consumers searching and bookingbehaviors. So information technology brings online travel agents some challenges inthe marketing strategy.Literature Review includes the theoretical background of online travel bookingindustry and summaries the previous researches in the field of hospitality and tourismindustry. The analytical framework of this study mainly includes the impact ofinformation technology on the Porter’s five forces model which was used forgathering and analyzing the empirical data and the PEST model. Nowadays,intelligent travel is highly efficient and trendy.In conducting this study, I adopted a qualitative approach to analyze challengesfaced by online travel agents. I chose two sample companies Ctrip.com andQunar.com from China. The empirical data were mainly collected from twosemi-structured interviews and secondary data such as the official website andtravel-related information.The conclusion is that the information technology has a great impact on thetourism enterprises. The competition is fierce and consumers are more demanding.Through cooperating and integrating travel-related information resources, the tourismenterprises can provide better products and professional services to consumers andimprove their travel experiences.
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Price Bundling in Online Travel Markets: An Exploratory StudyKim, Jinhoo 01 January 2007 (has links) (PDF)
Price bundling, offering two or more separate products/services together in a single package at a different price from the sum of the components’ prices, is one of the most prevalent marketing practices in many industries, including hospitality and travel. Virtually all types of firms in the hospitality and travel industry, from suppliers such as hotels and airlines to intermediaries such as travel agents, are encouraging customers to purchase travel “packages” rather than a single component of travel. The purpose of this study is to determine whether the practice of price bundling by online travel agents is associated with actual monetary savings to consumers. Conventional economics theories generally assume that price bundling results in consumer savings in comparison with purchasing the same component products separately, and this is what travel agents are highlighting in their advertisements for selling travel packages. This study also investigated whether the magnitude of bundle discounts vary by four relevant variables such as travel agent, destination city, hotel class, and the timing of purchase. The results show that purchasing a travel bundle results in significantly lower consumer prices than purchasing the component products separately. However, the magnitude of the bundle savings is inconsistent across the relevant variables. In particular, Travelocity tends to offer significantly greater bundle savings than Expedia; bundles including upper-class hotels appear to provide greater absolute discounts than lower-class-hotel bundles, but those two are not significantly different in terms of percentage discounts. Some important implications of the results are discussed, along with the limitations of the study and suggestions for future research.
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Strategier och kanaler vid marknadsföring för fysiska researrangörer och traditionella resebyråerWeijsenburg, Helena, Morales, Denisse January 2014 (has links)
The tourism industry in Sweden has expanded in recent years and the increasing industry has meant that customers are in need of a reseller for their trips abroad. Today there are three types of retailers available. These are : Traditional travel agencies , tour operators and online travel agencies. Online Travel agencies are the most modern online option for customers. Their existence has made it easier for the customer and reservation can be made anytime and anywhere. The competition has intensified between the three retailers and the traditional alternatives must find new ways to survive. Through effective marketing and selecting the right channel may be vital to the travel agency's survival. The theories that have been essentiell for this Investigation are: marketing mix, relationship marketing, porter curve, the buying process, the agent's role, word-of-mouth and marketing of services and products company. In this essay, the authors investigated four tour operators and one traditional travel agency and everyone is placed in Stockholm. The authors has choosed to investigate their market businesses and how the customer's requirements have changed since online travel agencies took over a large part of the market. The authors have also decided to conduct interviews with an online travel agency and one travel company that works with marketing for travel agencies. The tour operators in Stockholm mainly use relationship marketing as a primary strategy for maintaining a loyal relationship with the customer. The channels that travel companies utilize is a combination of word-of- mouth, digital media and printed media. All companies could state that the consumer in the current situation is more aware than before and this has led an increased requirement for travel agencies. Travel agents and tour operators must offer something unique or give the client an xceptional service that they can not recieve in another place. Service in this case may involve travel on customers behalf, visa application, bookings for specific requests and helping to add travel insurance.
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