The Impact of Online Travel Sales on the Travel Industry
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How has Liquidation.com (and similar online services) impacted the travel services industry?
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Solution Summary
The solution investigates the benefits and challenges to the travel industry, with the development of discount online travel accommodations web sites. It also provides a brief explanation of benefit to consumers.
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Liquidation.com and similar online services impact the travel industry in various ways. There are both positive and negative effects of online transactions, for all industries. Overall, Online auction sites that offer travel packages, hotel rooms, car rentals and other accommodations provide an additional opportunity for travel providers to increase sales.
Often hotels, airlines and other travel providers have empty seats or rooms that may not be sold. The online auction provides another avenue for exposure and can help "capture the niche market of hard to sell products" (Chea, nd) ...
Education
- MEd, Jones International University
- BSc, DeVry University
- MPH, Walden University
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