Travel Players’ DNA is Changing

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Independent study reveals the value of cross-selling and the trends driving its future.

Cross-Sell Your Way to Profit

More and more travel players are expanding their offers to include supplementary third-party ancillary products and services to help and inspire today’s travelers while earning attractive profits.

Travel players’ DNA is changing.

Cross-Sell Your Way to Profit – How Travel Suppliers Are Using Third-Party Ancillary Services to Drive New Revenues and Enhance Their Travelers’ Experience” is a Forrester Consulting study commissioned by Amadeus that explores the key trends shaping the future of cross-selling.

The study is based on insights from travel providers from across the globe and centers explicitly on the opportunity presented by “third-party ancillary services.”

Findings from the report include:

  • Predicted revenues from third-party ancillary sales are set to grow 30% by 2015, 10 times faster than general sales.
  • Third-party ancillary services will represent 2.5% of totalrevenues by 2015 – representing $25 million per year for a $1 billion company.
  • New innovative “extreme” third-party ancillary services could include:
    • Virtual reality allowing customers to experience airports, hotels, cruise ships or destinations prior to travel
    • Digital concierges on mobile phones to assist with hotel, airport or destination services
    • In-journey spa services
  • Mobile is expected to have the biggest impact on the types of third-party ancillary services that are offered and how they are sold.
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Cross-Sell Your Way to Profit (PDF)- ENGLISH

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Author: Editor