Travel Portal & Mobile App: Worth the Investment? Discover the Cost and Impact!

Maximizing ROI: Travel Portal & Mobile App Analysis
Abhishek Founder & CFO cisin.com
In the world of custom software development, our currency is not just in code, but in the commitment to craft solutions that transcend expectations. We believe that financial success is not measured solely in profits, but in the value we bring to our clients through innovation, reliability, and a relentless pursuit of excellence.


Contact us anytime to know moreAbhishek P., Founder & CFO CISIN

 

It is not difficult to see the competition in the travel industry. In the market for mobile apps, there are several possibilities for anyone wishing to make a holiday holiday.

The rise of online travel booking apps is raising questions about the necessity for traditional travel agents.

Airlines, vehicle rental agencies, and hotel chains have all created their apps to get in on the activity. Travel agents are being forced to leave the market even more.

In this highly competitive market, OTAs (Online Travel Agents) must be innovative and different.

This guide cum article will provide information to travel agents on how to set up a travel booking application that they can use to launch their journey.

It will also help them to find the best travel apps like Expedia, Kayak, and Airbnb.

Applications are changing the landscape of travel in several obvious ways. Even if you ignore theories, statistically speaking, the reason why travelers use apps to travel is clear.

Travel agents are essential for a mobile presence. Is this a reason to develop a travel app or not? Is it possible to create a mobile-responsive website?

No. Let's get to the whys.


Why Create An App When You Already Have A Mobile Travel Website?

It is a common problem to choose a mobile website or app. This is even more difficult if you're a startup with a limited budget.

These statistics show the advantages of the travel booking application. Also, they discuss the benefits of native versus hassle-free web experiences for users.

Travelers prefer apps to the mobile web because they can do more with their apps than with a mobile website:

  1. Get their boarding passes on your mobile device
  2. App - Check-in
  3. Push notifications
  4. You can access the information that they require offline

Another reason is the ease of use. Over 28% of travelers choose applications to save preferences, pay information, or other personal data.


More Statistics About the Travel App Industry

In the last few years, the travel app industry has experienced incredible growth. The rise in social media and smartphones is the main reason for this growth.

Travelers are more likely to book flights, tours, and hotels via mobile apps. There is increasing competition in the travel industry and tours. Let's look at some more statistics about the travel app market:

  1. A majority of Americans have used smartphones to book their travel and tour bookings.
  2. Over the next three years, 84% of global airlines will incorporate AI technology.
  3. Chatbots will be used by 26% of travel application development firms.
  4. Nearly 21% of global travelers use mobile travel agent apps while paying via secured payment gateways.

These statistics show how important it is to develop travel applications and tours at this time.


The Top Players in the Travel Booking Sector

Knowing who you will be sharing space with is an important aspect of entering a crowded market. Some of the most prominent names in the sector have already established the goals and monetization strategies for the entire industry.

We understand how overwhelming this list can seem. We are confident that you will find the information that you need to prepare your OTA business for the next step on the list.


Different Types Of Travel Mobile Applications

Different Types Of Travel Mobile Applications

 

Many travel apps are popping up that help people plan their entire trip. Let's take a look at the various types of travel and the mobile apps for it.


App for Travel Planning

Users can search for the best travel packages within their budget, book reservations, and plan for safe travel with travel planning applications. You can also read reviews and base your bookings on them.

Book Your Flights

With their affordable flight tickets, flight booking apps are in fierce competition. These apps allow app users to compare prices and select from multiple airlines.

To get lower flight prices, users can use promo codes and discount codes.


Reservation App

Your users can easily connect with hotel and property owners in a specific area or location using the accommodation booking application.

These mobile apps allow users to compare prices and other features of different types of accommodation.


Navigation App

Navigation apps are used to help travelers locate the best route from an airport or station to their desired destinations within a city.

It will show you the fastest route to reach your destination, which is also free of congestion.

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App for Travel Guide

This app is designed for travelers who are looking for entertainment, restaurants, cities, or events in a specific location throughout their travels.

This app will show you the most relevant results based on your search preferences.


Building a Travel Booking App: The Must-Have Features

Building a Travel Booking App: The Must-Have Features

 

The value of a travel application is determined by the assessment of three segments: the agent's panel and the customer's panel.

Each one comes with its own set of features. Let's take a closer look at the features of travel apps:


Customer Panel Travel App Features

Create a strong customer panel for your travel app to meet the needs of your end-users. Even though each feature offers functionality, let's take a look at it individually.

You should focus a lot of your efforts on the search functionality.

The search functionality should be comprehensive enough to allow customers to travel anywhere in the world they choose, or at least to places you offer.

You should incorporate all daily search terms and form fields in your design and development plan for your travel app.

Hotels Tab

Customers can access the hotel's tab to view details such as accommodation details, room rent, availability on selected dates, facilities, and ratings.

This is where it's important to be as clear as possible.

You can provide real-time information to your customers using APIs (described in the section), such as availability, roundtrip details, seat details, and more.

This is the rule that travel app developers must follow: offer customers a wide variety of options.

Trip Details

Your customers should have a separate section that allows them to view their trip details and past trips. This would allow them to keep track of all their trip details and might be something they want to revisit.

Currency Converter

If your software enables users to travel internationally, a currency converter is an absolute necessity. To avoid any cost differences in booking payments, make sure you keep it up-to-date.

When developing travel applications, it is important to ensure that you are always available for your customers.

We recommend that customers have a chatbot for basic questions about their trip, even if they are not physically present.

In-App Payment

In-app payment is one of the most important features to include in your tourism/travel booking app. You can integrate a secure mode for in-app payments in your travel booking app to allow users to pay against their bookings from within the application.

Push Notifications

Push notifications are essential when investing in mobile travel app development. Customers will expect to be notified whenever a hotel becomes available at the time and date they choose, as well as of any changes made to their booking and any new offers or promotions.

While not essential, some factors can help increase app engagement:

  1. Bundle Deals - Provide details to customers in combination - Flight + Hotel, Hotel + Car deals to simplify their itinerary.
  2. To make it easy to commute to another country, you can use the car booking feature.
  3. The Things to Do tab provides information about activities that are available at the destination during their travel dates.
  4. Travel Insurance

Property Agents Panel

You can manage booking requests and facilitate transactions using a panel of scalable agents.

Agents are the hoteliers or trip planners that would extend their services to you.

This feature will allow property managers and trip package owners to make changes in the offering, such as the date, room availability, time, number, and payment details.

Booking Management

Property managers should decide whether they will accept or deny the booking request. This applies to both the total booking as well as any additional requests, such as the choice of smoking/non smoking rooms.

A travel application development plan should also include the ability to accept payment or make refunds. It is important to keep track of all invoices and bookings.

Analytics and Report

Managers should have a dashboard that allows them to see all the information about their property or package, such as the number of reviews, bookings, and payment details.

They will be able to make more wise decisions regarding their goods and services as a result.


Travel App Features

The app admin can manage everything related to customers, including their bookings, payment details, and other details, as well as customer details.

This feature will make it easier for them to keep every booking running smoothly.

This platform should handle the details of the property as well as the package details.

The administrator will also be accountable for making sure that the advertisement on the application is real and complies with the rules set forth by the parent company.


Considerations When Developing a Travel App

Considerations When Developing a Travel App

 

It doesn't matter how brilliant your app idea is or how well-designed its functionalities and features are. But if it doesn't provide any value for the users, it is useless.

When developing a travel app, it is important to consider these factors:

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A. Understanding the Market and User's Needs

You must first understand the market before you can follow your passion for creating a travel app. You should first understand the market and then create a product roadmap.

You must also understand the needs of your clients and determine if your app can solve their problems. These are questions you should ask yourself:

  1. Who are your target audiences?
  2. What's the purpose of your app development for tourism?
  3. Which travel app should you first consider?
  4. Will your app give you better returns?

You can evaluate the effectiveness of your innovative ideas using the following questions. You will launch a more valuable application if you have a better understanding of the market.


B. Travel Market Is Becoming Increasingly Competitive

The travel market is becoming increasingly competitive due to the emergence of mobile apps in every industry and domain.

You can analyze data and conduct competitor research to understand where your competitors are at the moment and what strategies they are using to stay ahead.

Through competitor analysis and in-depth data, you will also be able to learn about the key resources and databases of market leaders.

This gives you an overall picture of where you can go.


C. Your Time and Money

Your time and money will be wasted if you don't have a skilled and experienced app development staff. Cyber Infrastruture.Inc , a travel app development company, can help you build scalable apps that are loaded with features.

Cyber Infrastructure.Inc is a mobile app development company for travel that will help you make your business idea a reality.


How Do I Get Hotel Listings And Real-Time Flight Details On My Travel App?

We understand the financial constraints that startups and lesser-known travel agencies face. This is why we recommend APIs to help you kickstart your mobile business model.

We have more than 10 years of expertise working with clients to design and create travel apps. This has allowed us to compile a list with tested affiliate programs and APIs that offer extensive listing.

Signing up for the plans will allow you to not only save time searching and partnering with hotels but also help save money on making an app by using their APIs.

Below is an image that shows the names of brands that offer affiliate programs. We also show the APIs for open-source content sites.


A Robust Travel Booking Application That Uses The Probable Tech Stack

Application & Data - The mobile version of the travel booking app developer can use languages and tools such as Java, Python, Amazon S3, Apache Impala Scala, and Kafka.

Location Tracking - One of the most important components of the travel booking tech stack. It is essential that users can track their location to ensure a smooth user experience.

Cloud – Given the variety of travel applications and the amount of data they generate, cloud access is essential.

Cloud service providers such aRead More: 32 Blockchain Applications and Real-World Use Cases 2023s Amazon and Google Cloud can help you not only secure terabytes but also make information transmission cost-effective and secure.

Real-Time Analytics -Tracking the app's performance is an integral part of every application. You can keep track of the movement of your app by using Flurry, Google Analytics, and Localytics.

User Verification - To ensure authenticity in your application, ask your mobile app developer to use SMS, Email, and Phone APIs.

Database – To ensure robustness, it is important to have a well-designed database backing the app.

You have a variety of options: Aerospike and Cassandra, MongoDB, and HBase.


Travel App Development Cost Estimation

Travel App Development Cost Estimation

 

These are the two key elements that affect how much it costs to create a travel app.

They are insufficient to determine how much money you'll need to set aside for the costs of developing travel apps.

Several significant elements need to be taken into account. These are the factors that affect the cost of developing a travel app.

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A. Cost Of Your Partnership

The cost of your partnership with a professional travel app designer company will be largely determined by the location.

The average hourly cost drops as you move from an Eastern country to a Western one. You can expect an hourly cost of $80-100k in Australia and the US, while India's average hourly cost would be between $40-$80.


Backend Architecture Choice

App development costs can also be affected by the choice of backend technology. We often refer to the choice between Microservices and Monolithic backend architecture when we speak about backend architecture.

Although microservices architecture will be more costly, it will offer more flexibility and be more future-proof.


Technology Incorporation

Innovative technologies are essential to stand out from the rest of the travel apps. If this is your goal, you should be aware that adding technologies such as AR/VR, Blockchain, and IoT will increase app development costs.


Design and Development of Travel Booking Apps

The cost of mobile app design can have a significant impact on the overall price range for travel booking app development.

Animations and videos are a great way to draw users to your app, but they can also come at a high cost.

We recommend starting with basic animations and vectors and then increasing your design style as app popularity grows and downloads increase.

The total cost of developing a travel app can be calculated based on the functions and factors. It is between USD 100,000 and USD 130,000.

However, this will vary depending on what your specific black-and-white requirements are.

Type of app Total Cost Timeline

App Basic: (core features). $60,000- $150,000 3-5 Months

Full product: (complex features and supports single platform) $150,000- $300,000 4-9 Months

Large app: (complex design, support cross-platform apps) $300,000+ 9 months


Travel Industry Software Solution

Travel Industry Software Solution

 

The travel industry has been revolutionized by the advent of travel applications. It allows customers to book and plan their vacations in one place.

Let's take a look at some of the most important benefits of travel apps.


Simple Accessibility

Mobile travel apps for mobile phones offer instant access to information such as timings, flight prices, hotels, and many other details that are not available offline or through travel agents.

Booking tickets online is now as simple as clicking a button.


Advanced Customizations

Users can adapt their travel apps using the advanced customization functionality to suit their needs. These travel apps are continually improving to keep up with the latest technology and adapt to customer needs.


Simple, effective maintenance

Regular updates make it easy to maintain mobile apps for travel. They are able to track, update, and support all data, so they can provide the most current information to their users.


Instant Booking

Travel apps are great for booking flights and finding hotels. These apps provide information such as cost, distance, information about the tourist site, and other details.

Users can also get special discounts to book their rail or flight tickets or hotel rooms at the lowest price. Apps for travel allow customers to book taxi rides to and from airports and railway stations.


Safety Information

If you're planning a trip, safety is a major concern. Apps for travel offer safety information about weather conditions and any other information that could cause problems during your trip.

No matter what the weather condition is, your app will notify you immediately so you can enjoy a safe holiday or trip.


How To Make Money With Your Travel Booking App

How To Make Money With Your Travel Booking App

 

The top three monetization strategies used by mobile app developers are: These specifics describe how travel apps generate revenue.


Merchant Model

One of the business models is that it buys hotel rooms in bulk and then sells them to customers at discounted rates.

This model can also be applied to airfares and car rentals.


Commission Fees

To be included on the app, you can charge hotels and event organizers a commission. You will receive a share of every hotel booking you make through your platform.


Advertisement Model

An additional method for monetizing your travel app is the advertisement model. This model is highly preferred by small OTA agents.

It allows you to charge hotels and airlines to advertise on your app using the cost-per-click model.


How Can You Stand Out From The Rest In The Crowd-Sourced Travel Booking Sector?

How Can You Stand Out From The Rest In The Crowd-Sourced Travel Booking Sector?

 


Discover a New Niche Market for Travel Application Market

Travelers love the Asia-Pacific, North America, Western Europe, and North America. You cannot afford to ignore the most popular destinations, even though you are new to this market.

Different demarcations allow you to explore new areas.


Improve Customer Experience

The travel industry's "blue ocean" is technology adoption. In order to establish a company in the development of travel applications, any new OTA will need to incorporate technology into their strategies.

These are just a few instances of how current travel technology advancements might improve your online content.

AI: OTAs can use artificial intelligence to create their recommendation engine. This will advise users about where to go next or similar hotels in the event that their preferred ones are already booked.

Blockchain: Inaccurate bookings can have a negative impact on the travel experience. Blockchain's immutability feature helps to ensure that users never have to deal with such an issue again.

A Blockchain-powered Hotel Booking Application was developed recently. It is designed to eliminate the problems of incorrect bookings and variations in booking costs by using smart contracts and cryptocurrency.

AR/VR: is Mostly used to show users inside hotels and give details about the top places to visit in a particular city, AR/VR is a new way to use AR/VR in the travel industry.

AR is changing the face of tourism and travel. AR-based travel apps are assisting businesses in enhancing their offerings and giving clients a more tailored experience.

Talk to your AR/VR application development company to learn how to create a successful travel app while keeping the technology in mind.

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Get your Travel App Idea off to the Start with Cyber Infrastructure.Inc

A solid travel app's user experience is focused mostly on effectiveness and speed. If your travel app has a reliable search engine, a clear user interface, customization, and a selection of rock-solid payment alternatives, it will be successful.

Trends are changing faster, so it is important to remember this.

As users become more demanding, mobile and web apps are improving. Analyze your app and its features, and keep track of how it behaves in the wild.

You want an intuitive app that will help your business. We are a trusted travel app development company that is well-respected for providing full-featured mobile and web apps with post-launch support.