LEADER 04258nam 22006855 450 001 9910869181203321 005 20240630052229.0 010 $a9783031515248$b(electronic bk.) 010 $z9783031515231 024 7 $a10.1007/978-3-031-51524-8 035 $a(MiAaPQ)EBC31503997 035 $a(Au-PeEL)EBL31503997 035 $a(CKB)32569128200041 035 $a(DE-He213)978-3-031-51524-8 035 $a(EXLCZ)9932569128200041 100 $a20240625d2024 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aMastering the Travel Intermediaries $eOrigins and Future of Global Distribution Systems, Travel Management Companies, and Online Travel Agencies /$fby Ben Vinod 205 $a1st ed. 2024. 210 1$aCham :$cSpringer Nature Switzerland :$cImprint: Springer,$d2024. 215 $a1 online resource (500 pages) 225 1 $aManagement for Professionals,$x2192-810X 311 08$aPrint version: Vinod, Ben Mastering the Travel Intermediaries Cham : Springer,c2024 9783031515231 327 $aAn Introduction to Travel Intermediaries -- Origins of the Global Distribution Systems (1925 ? 1983) -- GDS: Platform Power (1984 ? 1995) -- GDS: The Internet, New Channels and Transparency (1996 ? 2011) -- Scale Matters: GDS Air Shopping -- GDS: The Turbulent Years (2012 ? Present) -- The Impact of Evolving Business Models on Global Distribution Systems -- A Fast Response System: Airline Shopping in a NDC World -- Offer Management, Dynamic Pricing, and Order Management -- Origins of Online Travel Agencies -- Hotel Bookings and the Dominance of the OTAs -- Customer Trust and NDC -- The Impact of Emerging Technologies on Intermediaries -- Future State. 330 $aThis book chronicles the role of travel intermediaries: global distribution systems (GDS), travel management companies (TMC), and online travel agencies (OTA) in the distribution of travel products. The book covers the historical development of these intermediaries and explores their current state and future prospects. Almost six decades after the introduction of computerized reservations systems and four decades after the introduction of Global Distribution Systems that allowed travel agents to make automated airline bookings, the distribution of air products is amid a major transition. A fundamental change is pricing power, which shifts from the GDSs to the airlines for the indirect channel. These changes are driven by advancements in technology, market economics, and airline cost controls, leading to the emergence of new revenue models that will permanently alter the landscape of air distribution. As a result, travel intermediaries are experiencing the effects of these turbulent times and must adopt innovative approaches and initiatives to adapt and transform their business models rather than maintaining the status quo. In addition to the ongoing transformation, over the next decade, the advancements in emerging technologies like blockchain and decentralized digital identity will further revolutionize the distribution landscape across all sectors of the travel industry. 410 0$aManagement for Professionals,$x2192-810X 606 $aTourism 606 $aManagement 606 $aElectronic commerce 606 $aTechnological innovations 606 $aSales management 606 $aRetail trade 606 $aTourism Management 606 $aE-Business 606 $aInnovation and Technology Management 606 $aSales and Distribution 606 $aTrade and Retail 615 0$aTourism. 615 0$aManagement. 615 0$aElectronic commerce. 615 0$aTechnological innovations. 615 0$aSales management. 615 0$aRetail trade. 615 14$aTourism Management. 615 24$aE-Business. 615 24$aInnovation and Technology Management. 615 24$aSales and Distribution. 615 24$aTrade and Retail. 676 $a338.4791 700 $aVinod$b Ben$0846436 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 912 $a9910869181203321 996 $aMastering the Travel Intermediaries$94170573 997 $aUNINA