Back in the autumn of 2012, IATA announced plans to standardise the airline industry’s retailing operations. Their solution was to develop a new, XML-based transmission standard: the 'New Distribution Capability (NDC) Standard'. Since then, the adoption of NDC Standard by airlines has been relatively slow. But, with a recent report showing 50% of airline members planning to implement NDC by 2020, now is the time for TMCs and GDS developers to prepare.
2016 hasn't exactly been a relaxing year for the corporate travel industry so far. The strength of the U.S. dollar, terror fears and static global economy has resulted in many companies reducing their travel spend. However, the outlook is brighter for the corporate travel industry as we look ahead into 2017. A recent industry forecast report by Advito has predicted sector growth for emerging countries, as the cost of business travel remains cheap.
As the world’s largest online travel company bringing in total revenue of over $6.6 billion last year, Expedia are a major player within the world of travel. And, with the ongoing successes of assets acquired back in 2015, this year’s impact on the travel industry is set to be greater still.
In the twenty-first century, the novelty of carrying cash around is fast becoming a redundant enterprise. Today, with technologies such as Paypal, Bitcoin and Apple and Android Pay, purchasing goods and services has never been easier – with only a viable internet connection, a plethora of digital payment methods open up for leisure and corporate consumers.
Airbnb has often been at the heart of legal battles with the cities in which it operates. The service is now available in over 191 countries and with so many political systems to work with, it’s not surprising that they, and sharing economy brands like them, have made a few enemies.
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