Travel Technology provider TravelCarma introduced its Innovation “TravelCarma The eMarketplace” at PhoCusWright’s The Travel Innovation Summit on 15 Nov 2011, Hollywood, USA. TravelCarma is an Online Marketplace for the offline travel industry. It fulfills the much-needed requirement of the industry, by providing a platform which allows offline and online travel businesses to network and transact freely on their own terms, retain their relevance and brand identities, and get an opportunity to compete globally – all these and more at highly affordable costs.
TravelCarma is a unique blend of Cloud-based Points-Of-Sales (POS) solutions, Inventory & Exchange solutions, and Business Networking Components for travel companies and agents. Points-Of-Sales solutions include agents booking console, web and mobile portals, facebook booking portal with upcoming iOS and Android Apps. While POS helps sell effectively through multiple channels, the Inventory and Exchange solutions helps efficiently manage the supply and distribution. For travel agents, a single contract with TravelCarma allows them to access, manage and control global inventory feeds from multiple suppliers like GDS, wholesalers, etc. TravelCarma offers them freedom to have direct rate agreements with the suppliers. Also they are free to store and manage their contracted inventory (hotels, packages, excursions, etc) on the system. They can choose to display it on their own POS as well as redistribute it on TravelCarma network at the price of their choice. Similarly suppliers, with a single contract with TravelCarma can access the thousands of agents on the network and control pricing to different customers.
The most innovative component of TravelCarma eMarketplace is “Business Networking” – an open social network for travel companies with focus on sales. It allows them to connect with each other on the TravelCarma network thus increasing their reach in terms of sales. They can broadcast their deals, packages, inquiries, and can communicate regarding anything with the network at large.