Travel Supplier API Integration

whitelable

In the global tourism industry, leading online travel companies collectively held a market cap of approximately 78.17 billion USD in December 2022. The global online travel industry's market size alone exceeded 470 billion U.S. dollars in 2022, with projections indicating revenue generation of US$854.70 billion in 2023, growing at an annual rate of 4.42% from 2023 to 2027. Notably, the Travel & Tourism sector contributed 7.6% to global GDP in 2022, marking a significant 22% increase from the previous year.

Turning to Travel Supplier API Integration Services and Providers, these integrations offer convenient access to a wide range of third-party travel offers, simplifying the establishment of online booking platforms. Renowned providers such as Travelopro, TravelTek, and Trawex facilitate integration with Global Distribution Systems (GDS) and Flight Consolidators. The top travel API providers include industry leaders like Amadeus, Travelport, Galileo, Expedia, TBO, Priceline, and Travelomatix. These trends highlight the substantial potential in the Travel Supplier API domain, making it a promising investment opportunity for businesses looking to explore this area further, including top-tier services like those offered by OneClick.

whitelable
What-is-White-Label-Travel-Portal
Introduction To

What is a Travel booking Supplier API?

A travel booking supplier API, short for Application Programming Interface, serves as a software bridge that facilitates seamless connectivity between travel agencies and various travel suppliers, such as airlines, hotels, car rental companies, and more. This technology streamlines the process of accessing and utilizing inventory and booking systems. 

Eclips
Travel booking Supplier API:

Inventory, commissions, margins, Agent’s business going from offline to online

In the fast-paced travel industry, staying ahead is crucial. Step into the world of Travel Booking Supplier APIs – the engine propelling travel agencies into a more efficient, profitable, and customer-centric era. Let's dissect the essential components that make these APIs the cornerstone of modern travel agency operations.
  • inventory-management
    Inventory Access:
    Travel supplier APIs provide travel agencies with immediate access to real-time inventory for various travel products. This means that travel agencies can efficiently book travel services for their customers without the need for manual checks on supplier websites or resorting to time-consuming phone calls to supplier call centers.
  • inventory
    Commission Earnings:
    These APIs also offer a valuable opportunity for travel agencies to earn commissions on bookings conducted through their online platforms. These commissions are typically calculated as a percentage of the total booking value, adding an additional revenue stream for travel agencies.
  • inventory
    Margin Calculation:
    A travel agency's margin represents the difference between the commission earned on a booking and the overall cost associated with that booking. The margin can fluctuate depending on factors like the type of travel product, the specific supplier, and the negotiated commission rate.
  • inventory
    Transitioning to Online Business:
    Utilizing travel supplier APIs empowers travel agents to transition their business operations from offline to online seamlessly. By integrating these APIs into their systems, travel agents can provide their customers with a broader selection of travel products, competitive pricing, and a more convenient and efficient booking experience. This transformation enables travel agents to compete effectively with online travel agencies (OTAs).