Online booking reservation sales figure is projected to grow to $755.94 billion in 2019, which means immense potential In the business. Let's take you through the details of starting a similar venture: http://bit.ly/2vaSvMC

1. All you need to know about
Online Booking and
Reservation Marketplace

2. What is an Online Booking and
Reservation Marketplace?

3. ● Online booking and reservation marketplace websites
allow consumers to book and pay for a service online.
● Such platforms facilitate easy bookings for flights, hotel
rooms, car rentals, etc.

4. Types of Booking and Reservation
Systems

5. One Booking for Several Days
● A customer makes a booking
that lasts for several days or
hours.
● Can be extended from the
period fixed earlier.
● E.g. hotel room reservations,
party planning for occasions
like marriage or festival, etc.

6. ● This type of booking is
mainly for services that take
a short period of time to be
completed
● E.g. car rentals,
beautician’s services, etc.
Several Bookings in a Single Day

7. Why do people opt for Online
Booking and Reservation
Marketplace?

9. Why should you go for an Online
Booking and Reservation
Marketplace business?

10. ● A pre-negotiated percentage from every sale the
registered vendor makes goes as commission to the
admin
● The admin doesn’t need to refill and update his stock
and inventory.
● The admin need not own a hotel or living place in order
to provide the service to the customer.

11. Digital Travel Sales Estimation Worldwide From 2014 to 2020
(In Billion U.S. Dollars)

12. The Scope of Growth In The Field
of Online Booking and
Reservation Marketplace

13. These reports show that the future of online booking and
reservation marketplace is flourishing rapidly.
● Online hotel bookings to generate about $2.3 Billion
by 2020 for e-travel agents.
Source: https://www.livemint.com
● 70% surge in revenue of Ola, in the year ended March
2017.
Source: https://economictimes.indiatimes.com
● Revenue in the Online Food Delivery segment amounts
to USD 7,120 Million in 2018.
Source: https://www.statista.com

14. Want to Setup Your Online
Booking Website?
We Can Help!

15. If you have made up your mind and want to set foot
in the world of online booking business,
CedCommerce can help you with its pre-built
extension Online Booking and Reservation System.
For More Information Visit Us At
www.cedcommerce.com

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