It's hard to imagine anything in travel these days where the vast majority of the business is still done offline, in-person, and on a whim. But as you will read today in our deep dive on the potential for tours and experiences, this is the case with these enormous, last-mile revenue generators in the travel ecosystem.
Dan Peltier and Andrew Sheivachman from our Skift edit team spent months researching what they describe as "the next great untapped market in online travel." What you will come away with after reading this piece is a new understanding of how technology is about to pull together the disparate pieces of this sector of travel, which by some accounts rakes in $150 billion a year. Much of that is being driven by consumer demand for more interesting experiences. How that demand reconciles itself with the entrenched, protective way of doing business by tour operators and travel agents will result in a few hiccups along the way to radical reinvention.
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