{"id":4964,"date":"2022-03-02T07:16:22","date_gmt":"2022-03-02T07:16:22","guid":{"rendered":"https:\/\/www.itilite.com\/?p=4964"},"modified":"2024-11-29T12:33:27","modified_gmt":"2024-11-29T12:33:27","slug":"know-everything-about-gds-in-travel-industry","status":"publish","type":"post","link":"https:\/\/www.itilite.com\/in\/blog\/know-everything-about-gds-in-travel-industry\/","title":{"rendered":"Everything you Need to Know About Global Distribution System"},"content":{"rendered":"
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\"Global<\/figure>\n\n\n\n

If you are a part of the travel industry, chances are you must have heard of the term \u201cGDS\u201d. With the ever-growing need for transparency and accountability, most travel management companies turn to the Global Distribution System GDS for their travel bookings. It is one of the most vital cogs in the travel industry.<\/p>\n\n\n\n

But what exactly is GDS, and why is it essential for travel management companies?<\/p>\n\n\n\n

Global Distribution System Explained<\/h2>\n\n\n\n

A Global Distribution System GDS aggregates and organizes travel data from different suppliers to be easily accessed and used by travel management companies. GDS provides an integrated view of the supply chain, enabling businesses to manage their inventory with accuracy, as well as price quotes for flights, hotels, car rentals, etc.<\/p>\n\n\n\n

The cost of a global distribution system is typically either usage-based or subscription-based. While usage-based systems charge a flat fee per user, subscription-based systems charge an annual fee for access to the entire database.<\/p>\n\n\n\n

Why is GDS so Important for Travel Management Companies?<\/h2>\n\n\n\n

Here is why GDS is such an integral part of the travel industry:<\/p>\n\n\n\n

The Best Deals & Time-Saving<\/h3>\n\n\n\n

Travel management companies can save costs by comparing prices of flights, hotels, car rentals, and other related services. Furthermore, GDS helps organize employee travel through reservations –  bundling discounts and offers from various suppliers in one place.<\/p>\n\n\n\n

GDS makes it possible for travel management companies to carry out their daily tasks without having to contact different organizations individually, thus saving time and money.<\/p>\n\n\n\n

Information Accessible Real-Time<\/h3>\n\n\n\n

GDS is essential for travel management companies because it offers them access to a wide range of travel data in real-time, which they need to run their business effectively.<\/p>\n\n\n\n

They can easily make airline, car, and hotel reservations for their employees, within a few minutes, at the most competitive prices possible.<\/p>\n\n\n\n