Prevalence of Online Travel Agencies has Potential to Impact Travel Arrangement and Reservation Businesses | Monitor Industry Risk with BizVibe

NEW YORK, Sept. 20, 2021 /PRNewswire/ -- BizVibe has added key challenges and trends for travel arrangement and reservation services industry profiles on their platform. All 40,000+ travel company profiles will now contain 50+ company data points, including a list of potential challenges which are expected to impact market participants over the next few years.

One challenge which is being highlighted is the growing prevalence of online travel agencies (OTAs). The continuously increasing role and importance of OTAs is threatening the survival of small local travel agents, and their market share in travel booking has been increasing every year. Their customer-centric platforms, price transparency, attractive deals, and travel-related content and recommendations have created a value proposition that is hard for small travel operators to match. As OTAs continue to expand into new markets, small travel agents will increasingly find it difficult to survive in the intensely competitive market landscape. By identifying such challenges, BizVibe is helping users analyze which suppliers are right for their business, while allowing them to efficiently monitor the risk of doing business.

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Key Insights Provided for Travel Arrangement and Reservation Companies

In addition to analysis on how key challenges are expected to impact businesses, BizVibe company profiles contain numerous high-quality insights to help users discover, track, compare, and evaluate suppliers or sales prospects. These insights include:

• Relevance and influence of industry trends and challenges, segmented by region
• Press releases and news coverage referencing key trends and challenges
• Risk of doing business score, segmented by operational, financial, compliance, and country risk
• Top company competitors at the global, regional, and national levels
• Names of top company decision makers, including job titles and social profiles
• Company financials such as annual revenue, profitability ratios, and management effectiveness

View 50+ Company Data Points for Free

Travel Arrangement and Reservation Services Categories

BizVibe's platform provides access to over 10 million buyer and supplier company profiles. Businesses from more than 200 countries are categorized into 40,000+ product and service categories, each providing detailed insights tailored to the needs of procurement and sales teams globally. The travel arrangement and reservation services industry group features 40,000+ company profiles categorized into 10+ product and service categories, enabling clients to identify and connect with potential new business partners across diverse market segments.

Categories for the travel arrangement and reservation services industry include:

• Corporate travel services
• Accommodation booking services
• Air travel sites and services
• Airport parking services

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BizVibe for Buyers and Sellers

BizVibe is a modern B2B platform dedicated to connecting buyers and sellers from around the world. Powered by the latest best-in-class solutions, BizVibe is designed to help companies generate leads, shortlist suppliers, request proposals, and identify global companies. Evaluate companies side-by-side to compare key metrics and initiate productive partnerships.

Buyers use BizVibe to discover suppliers from among more than 5 million companies using advanced search filters and comparison tools. Features for buyers include:

• Shortlist potential suppliers
• Track and compare companies
• Set up custom news alerts
• Quickly create and customize RFIs

Explore BizVibe's buyer services: https://www.bizvibe.com/buyers

Sellers can take advantage of BizVibe's smart sales intelligence tools to discover, evaluate, and communicate with prospects across 300+ categories. Features for sellers include:

• Identify and qualify sales prospects
• Receive customized prospect recommendations
• Analyze and evaluate potential buyers
• Integrate CRMs for efficient data transfer

Discover BizVibe's seller tools: https://www.bizvibe.com/sellers

About BizVibe
BizVibe has been conceptualized and built by a team based out of Toronto, Bangalore, and London. We are a branch of Infiniti Research and have dedicated units in all three locations. BizVibe helps buyers find the most relevant suppliers from around the world and helps sellers target prospects who need their products and/or services. For more information, please visit www.bizvibe.com and start for free today.

Contact

BizVibe
Jesse Maida
Email: [email protected]
+1 855-897-5880
Website: https://www.bizvibe.com/

SOURCE BizVibe