Sep 20, 2012
This report provides a quantification of how the travel business has changed and how the role of marketing communications has shifted.
Where are you going in 2010?
Make
no mistake, the Internet has had the biggest impact on the way people
buy their holidays since Thomas Cook invented the package holiday in the
19th century. In fact, it would be hard to name another industry that
has felt the dramatic effects of the web more than travel.
Despite
this radical shift, it can be easy to take this change for granted. Can
you remember how you booked a holiday before the web? Neither can we.
However,
it wasn’t so long ago that travel agents and tour operators dictated
the market – they were the only options. You went to them for advice on
where to go for your precious two-week summer break, and would be
greeted with a wall of brochures and partisan advice – your choice was
limited by what that company offered.
Then the first wave of the
Internet, in the early 2000s, instigated a revolution in the way we
book, making household names of virtual booking agents including Expedia
and Lastminute and creating new industries like low-cost airlines that
changed the way we travel forever. Most importantly they created
unlimited choice for consumers and placed them in charge of where they
wanted to go. Thanks to this, the travel market is dictated
by the needs and wants of the consumer.
But
perhaps an equally significant shift has emerged in the last couple of
years. Travel consumers have been empowered further by the rise of
social media and the ability to share their holiday experience online.
Photo sharing, blogging, review sites and social networking services
have quickly established themselves as a central part in most people’s
lives and have made it incredibly easy to publish and share opinions.
The result is that consumer opinions and shared experiences now have a
huge impact on how holidays are planned.
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