If someone could believe that having a rental-car company would do well, and invested in it. If Gilbert Chagoury,(Owner of giant Eko Hotel & Suite) didn’t take every risk, There would be no EKO HOTEL,( Remember he was banned from entering USA), He had the thought that hotel industry was going to be profitable venture in the future, and invested invest in it. That remains a logical investment strategy, but today there is another option, As to compliment the saying that “early bird catches the worm”. It’s online travel agencies, or OTAs.
Years back there was no such thing as OTAs. But, Today OTAs is one of the fastest-growing entity in the travel and tourist sector in the world and making it a sensible area for investments.
Online travel agency are growing at fast pace:
In 2014, the travel and tourist sector in Nigeria crossed the ₦80 billion threshold. Since this monumental year, hotel and flight bookings via OTAs have risen to 25%. Comparatively, the increase of bookings made directly on hotel websites was only 5%. With hotel websites attracting just 23% of all bookings, there is no doubt that OTAs are becoming increasingly popular.
What makes them unique: Maximization company, believes OTAs are popular because of the meta-search features embedded on their website which makes it easier to locate their offer more easily than ordinary hotel website. It was found that 60% of travelers around the world prefer OTAs because OTAs have a much larger advertising budget, access to more consumer data, and more success at drawing in online traffic and Nigeria is no exception to this trend. Independent hotels therefore find OTAs to be useful marketing platforms to help reach markets previously unavailable. Thereby, making this venture a profitable place to invest. Others already in the industry are taking note of this growth, and will never let you know, because they simply don’t want competitors.
Consider Action:
Investing in a travel agency is indeed a serious business especially when you have the goal of building steady-income portfolio.
The first step to investing in OTAs starts with having online presence (website), which I will help you to create.
Having access to good mentorship and guide, Which I will always be there for you.
Now is that best time to act, Call or whatsapp 08147714099
Email: goldmindswebconcept@gmail.com.
See you on top!!!
[i][/i]