An online marketplace for travel connects customers with travel-related goods and services provided by several vendors. These platforms serve as middlemen, enabling customers to book air tickets online, evaluate, and reserve travel alternatives from providers, including hotels, rental car agencies, and tour operators.
Convenience for passengers is one of the key advantages of a travel marketplace. It gives consumers an overview to access and compare various travel possibilities, which facilitates finding the best offers and helping customers make well-informed selections.
By providing a wider audience and access to a larger client base, travel marketplaces also assist travel suppliers. By listing their offerings on the marketplace, providers can reach a wider audience of potential clients who would not have discovered them through other means.
For example, DBS Market Place says that vacations make you feel happy, whether you’re shopping in Bangkok’s streets or taking in Paris’s sights. However, since they’re providing 25 million miles, using your DBS/POSB Card to travel can make any vacation feel even more amazing!
Additionally, to make the most of your vacation, travellers have the option to sign up for the DBS/POSB Power Up Your Travels Promotion, which adds cashback or extra miles to your current card rewards.
Free Travel Insurance
(Now improved with coverage for unauthorized transactions and lost identity documents.)
Get free travel insurance when you use the DBS Travel & Leisure Marketplace to book a hotel stay abroad or a flight departing from Singapore! Terms and conditions apply.
With the addition of our Unauthorized Transactions and Loss of Verification Documents Coverage, you may travel with confidence!
Make a payment On the DBS Travel & Leisure Marketplace
Use your DBS/POSB Credit or Debit Card to make payments for your hotel and flight reservations. To reduce the cost of your reservation, you can also redeem your DBS Points or POSB Daily$ while you pay.
Adjustable payments
You can use DBS Points/POSB Daily$ or a DBS/POSB Credit or Debit Card to pay for bookings made through the DBS Travel & Leisure Marketplace.
On the DBS Travel & Leisure Marketplace, your DBS Points are worth twice as much. Therefore, when you use DBS Points to offset your bookings, you will receive twice the value (S$2 is the value of 100 DBS Points on the DBS Travel & Leisure Marketplace).
Additionally, feedback from customers, ratings, and customized suggestions are just a few of the things that travel marketplaces frequently provide. These features improve the entire booking process and assist travellers in making better decisions.
To sum up, a travel marketplace is an online marketplace that links tourists with different travel-related goods and services. It offers easy access to possibilities and helps travel providers reach a wider audience.
How are notifications and real-time booking updates handled by a travel IT platform?
Travel technology applications use advanced information processing and integration approaches to handle real-time reservation updates and notifications. These platforms ensure that booking information is updated consistently across all systems by connecting to various databases and travel agents via webhooks and APIs. Real-time data processing enables the platform to quickly reflect changes in availability, pricing, and booking statuses, ensuring that customers receive up-to-date and correct information.
Users receive automated alerts about booking confirmations, modifications, cancellations, and other significant developments by email, SMS, or push notifications. Travellers are always aware of the most recent information regarding their reservations through prompt communication, which helps avoid problems like double bookings. Travel tech platforms increase customer experience, boost operational effectiveness, and keep accurate booking and update records by incorporating these real-time features.
