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What is the Current Business Model in Travel Industry?

 

Currently, travel information ser= vices are dominantly provided by Global Distribution Systems (GDS). A GDS gives= its subscribers pricing and availability information for multiple travel prod= ucts. Travel agents, corporate travel departments, and even Internet travel services, subscribe to one or more GDSs to check, for example, flight availability and prices for their customers. The GDSs get their revenue f= rom the booking fees that these organizations pay. In addition to supplying information, a GDS typically provides hardware, software and technical support to its customers, including printers that allow agencies to print airline tickets. The leading GDSs today are Sabre, Galileo, Amadeus and Worldspan. All the airlines, many hotel chains and car rental companies l= ist their inventory with major GDSs.