Travel Management Blog

In October, the Global Business Travel Market 2017-2021 report was published, with analysts forecasting the global business travel market to grow at a Compound Annual Growth Rate of 5.11% between 2017 and 2021. But what can TMCs do today, to reap the rewards of the growing industry in the future?

Unless you’re a doe-eyed debutante in the travel industry, chances are you’re well familiar with GDS and probably use one several times a day. The Global Distribution System (GDS) is a vital cog in the travel industry machine, but why is it so important to travel management companies and what does the future hold?

Recently we’ve talked a lot about how TMCs can ready themselves for the New Distribution Capability (NDC) standard and what it means for the wider travel industry. But what are the benefits, for your business and your customers, of adopting the standard?

During the last 30 years, the process of selling airline seats has remained largely unchanged. So it raised some eyebrows when the International Air Transport Association (IATA) revealed plans to launch its New Distribution Capability (NDC) back in 2012.

Today, however, the NDC is beginning to gain traction, addressing the industry's distribution limitations, and enabling more efficient communication between airlines and TMCs.