The relevance of the global distribution system around the world is growing as a means of getting the desired reservation for traders and leisure travelers as per the demand of travel agents.
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In addition, the development of platforms delivered through cloud-based technology and the development of effective solutions is the driving the growth of the market.
Moreover, the rapid growth in the travel and tourism sector and the growing number of airlines is an opportunity to grow the global distribution system market.
A distribution System is a basic reservation system that allows travel agencies and their clients to access travel knowledge, purchase and compare travel ticket and select reservations.
It is an online network system that connects vendors or travel service providers with travel agencies around the world. This allows travel agents access, features, availability and pricing for airlines and additional passenger services around the world. Therefore, increasing demand for distribution system services in travel agents.
Major players analyzed include Amadeus IT Group SA, Infini Travel Information Inc., Pegasus, Sabre Corporation, Sirena – Travel CJSC, SiteMinder Distribution Limited, TraveloPro, Travelport Worldwide Ltd, and TravelSky Technology Limited.
Impact of COVID-19 on Global Distribution System Market:
- The outbreak of COVID-19 has effected on many aspects such as flight cancellations, travel bans, and quarantines, which directly affects growth of the distribution system market.
- Currently, there are travel restrictions all around the globe to stop the spread of COVID-19, which has affected the distribution system market in a negative manner.
- Once the pandemic is over, it is estimated that businesses would resume their operations, providing the market a capability to bounce back and again start to grow, owing to resumption of travel plans of people.
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