According to the study conducted by the International Air Transport Association (IATA), 2.98 billion airline passengers were recorded in 2012, and it is estimated that over 3.91 billion passengers will be recorded in 2017.
Additionally, the travel and tourism market is estimated to reach over 7,680 billion EUR in 2023. This estimate is based on an average annual growth rate of 4.4%.
One of the conclusions of the study “Future Travel Tribes 2030: understanding tomorrow’s travellers” is that technology will play a crucial role in business models specific to the travel and tourism industry. It is estimated that in the coming years, 80% of the global population will have smartphones.
More than 50% of future travelers will complete the specific booking flow using Web services.
“Amadeus has evolved from an airline GDS to a ‘one stop shop’ system for everything related to bookings. Thus, today we presented the Content Rail solution (which allows for railway bookings) and the Amadeus Hotels Plus solution (an aggregator and booking system for the hotel sector). Also, starting this month, a booking system for airport transfers is available in Romania. In this way, we aim to cover all booking needs, and our systems already provide centralized access to all these components,” concluded Robert Komartin, General Manager – Amadeus Romania.
The company launched a partnership with Blue Air, which allowed for the integration of the Amadeus booking system with that of the airline.
Source: Daily Business
Frequently Asked Questions
What is the projected growth for the airline industry?
According to IATA, the number of airline passengers is expected to reach 3.91 billion in 2017, up from 2.98 billion in 2012.
How is technology impacting the travel industry?
Technology is becoming central to travel business models, with 80% of the population expected to own smartphones and over 50% of bookings occurring online.
What new solutions has Amadeus Romania introduced?
Amadeus has introduced Content Rail for train bookings, Amadeus Hotels Plus for hotel aggregations, and a new airport transfer booking system.