Product details

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Published by: Asia Case Research Centre, The University of Hong Kong
Published in: 1999
Length: 17 pages
Data source: Published sources

Abstract

Computer Reservation Systems (CRS) vendors have enjoyed an indispensable role in the travel industry - 75 to 80 percent of all airline bookings are made by travel agents using a CRS. But by mid-1998, their solid position in the industry is being threatened by two forces - a substitute and a new entrant. The substitute is the websites run by airlines that are capable of accepting bookings directly from customers. The new entrant is a new CRS, supported by travel agencies around the world, called Genesis. It is scheduled to go on trial in the 4th quarter of 1998 and for launch in 1999.
Location:
Industry:
Other setting(s):
1998

About

Abstract

Computer Reservation Systems (CRS) vendors have enjoyed an indispensable role in the travel industry - 75 to 80 percent of all airline bookings are made by travel agents using a CRS. But by mid-1998, their solid position in the industry is being threatened by two forces - a substitute and a new entrant. The substitute is the websites run by airlines that are capable of accepting bookings directly from customers. The new entrant is a new CRS, supported by travel agencies around the world, called Genesis. It is scheduled to go on trial in the 4th quarter of 1998 and for launch in 1999.

Settings

Location:
Industry:
Other setting(s):
1998

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