Titlebook: Mastering the Travel Intermediaries; Origins and Future o Ben Vinod Book 2024 The Editor(s) (if applicable) and The Author(s), under exclus

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Offer Management, Dynamic Pricing, and Order Management,es required for dynamic pricing, offer creation, and order management. Dynamic pricing refers to real-time fares that are calculated based on reference fares and prevailing market conditions. These fares cannot be replicated outside of the airline enterprise environment by an intermediary. The chapt

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Future State,s the recovery of global distribution system (GDS) bookings, NDC aggregators, and the potential threat of disintermediation in terms of booking volumes, market share, and margins. Additionally, it evaluates the future roles of GDSs, travel management companies (TMCs), and online travel agencies (OTA

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2192-8096 ndustry.Describes the transformation required for the interm.This 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 developme

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Origins of Online Travel Agencies,TAs from an air perspective. Furthermore, it reviews the growth of OTAs through mergers and acquisitions. The chapter concludes by examining the infrastructure of OTAs and their role within the travel industry.