Compose a 750 words essay on Travelocity SWOT Analysis. Needs to be plagiarism free!
Download file to see previous pages…
We market these net rate offerings to travelers at a price that includes service fees that we retain, plus an amount sufficient to pay the travel supplier for its charge for providing the travel accommodations, along with any applicable occupancy and other local taxes on that charge. For this type of business model, we require pre-payment by the traveler at the time of booking.
High customer acquisition costs, as the marketing and promotional costs are quite high to deal with and it is challenging to upgrade the features of online portal quite often. A new feature from competitor keep Travelocity on toes as it may deviate Travelocity’s customers.