Things to know about online travel agency
What's an Online Travel Agency?
Online Travel Agency we also call OTA, a travel agency whose priority is that the presence of digital channels allows consumers to search and book travel using a website and mobile device. OTAs are seamlessly linked with travel providers, giving travelers access to all the inventory they are looking for on their next trip. Online travel agents are the largest source of bookings for the travel industry and last-minute flights. They most often use package deals, including special offers such as airfare and hotels or flash sales to drive economical bookings for airline and hotel partners.
How do Online Travel Agency make money?
Most online travel agencies make money by charging a commission per booking, ranging from 5% to 20%. The actual commission rate is negotiated on a brand by brand and asset basis. In general, what happens is that big hotels and big brands with multiple properties use their leverage to negotiate lower rates. In the end, I would like to say that a platform like OTAs is a very smooth and easy way for travelers to book online, whether it is flight ticket booking, hotel booking, and many types of booking.
List of the best top online travel agencies
Whenever you make a booking or choose a place to book, the priority most travelers give through an online travel agency is Expedia Group, Booking Holdings. These two companies have a significant share of online booking. But there are other online travel booking agencies that provide these services.
Travelocity
Hotels.com
Hotwire
Orbitz
Dreams
Skyscanner
FaresMatch
Kiwi.com
Agoda
Trip.com
MakeMyTrip
Priceline
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