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Prerna Synopsis

Here are two research papers with hard copies attached: 1. Online Travel Agencies vs Offline Travel Agencies: A Comparative Study (Attached) This paper compares the operations and business models of online travel agencies versus traditional offline travel agencies. It discusses the advantages and disadvantages of each. 2. Impact of Online Travel Agencies on Hotel Performance (Attached) This paper analyzes the impact of online travel agency bookings through sites like Expedia, Booking.com, etc. on hotel room occupancy rates, average daily rates, and revenue per available room. It studies secondary data from hotels in various regions.

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51 views7 pages

Prerna Synopsis

Here are two research papers with hard copies attached: 1. Online Travel Agencies vs Offline Travel Agencies: A Comparative Study (Attached) This paper compares the operations and business models of online travel agencies versus traditional offline travel agencies. It discusses the advantages and disadvantages of each. 2. Impact of Online Travel Agencies on Hotel Performance (Attached) This paper analyzes the impact of online travel agency bookings through sites like Expedia, Booking.com, etc. on hotel room occupancy rates, average daily rates, and revenue per available room. It studies secondary data from hotels in various regions.

Uploaded by

prernathange25
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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PORT FOLIO

PREPARED
BY

Thange Prerna Balasaheb


Kamble Mansi Satish
Bhalerao Shravani Shankar
Devraye Rohit Rajendra

OF

CAPSTONE PROJECT PLANNING


Samarth Polytechnic, Belhe

MAHARASHTRA STATE BOARD OF TECHNICAL EDUCATION

2023-2024

SYNOPSIS
Project Title:- “Online Travel Agency”
Internal Guide:- Kedar A.L.
Keywords:- online, offline, travel agent, room occupancy.
Introduction:

Online travel agents get thousands of website visitors from all over the
world. Plus, they have positioned themselves as an authority on
everything related to travel. So, people trust the recommendation they
receive from OTAs. By listing in OTAs, accommodation businesses like
hotels not only reach a vast set of audience but will also find their service
among many other reputable sources of information In addition, hotels
that are listed on OTAs can also benefit from what is referred to as the
‘billboard effect’. This means that OTAs provide a form of advertising
for service providers such as hotels on their platforms. Once the user
gains this awareness, they may even go to the website of that particular
hotel to make a direct booking. What Are the Advantages and
Disadvantages of Selling Through Online Travel Agents?
Accommodation businesses like hotels and B&Bs have pros and cons of
getting listed in OTAs

Characteristics of Area
1. Research Issues in that Area

 Change in marketing trends and dynamics


 Operational issues
 Rising cost of daily consumables
 Change in customer expectation
 Irregular cash inflows
 Data security challenges
 Maintaining online reputation
 Change in technology
2.Proposed Work:

The aims of this study are to know the contribution of Online Travel Agents
and Offline Travel Agents to room occupancy at a hotel in Denpasar, Bali,
Indonesia, and to find out the comparison of contribution from Online
Travel Agents and Offline Travel Agents to room occupancy at the hotel.

3.Problem Statement:

Millennium Travel Corporation (MTC) travel agency plans to become a market leader by
augmenting its human travel agents with an automated travel agent system for processing flight
reservations. The automated travel agent will intermediate between travelers and the MTC
corporate computing system, which interfaces with commercial airline reservation services (e.g.,
SABRE). Like a human travel agent, it will assist travelers in booking, changing, and canceling
flight reservations. If, for any reason, a traveler making a flight reservation travel request prefers
human assistance, she will have the option to interact directly with a human travel agent.

4.Objectives:
Travel agent marketing aims to increase visibility and generate business leads. It also aims to
build brand awareness and customer loyalty. Many travel agent marketing strategies are now
implemented digitally. The company website and social media platforms are used for these
strategies.

5.Research Methodology:

Data collection methods used are observation, interview, and study documentation. The
analysis technique used is quantitative analysis, qualitative analysis, and descriptive statistics
from secondary data. The stages of the data analysis technique start from the classical assumption
test, multiple regression analysis, hypothesis testing using SPSS 21 program, and descriptive
statistical techniques.
5. Research Plan:

Phase Task Plan Start May be complete

Phase 1 Communication
Phase 2 Project Initiation
Phase 3 Requirement Gathering
Phase 4 Planning
Phase 5 Estimation
Phase 6 Project Scheduling
Phase 7 Modeling
Phase 8 Analysis
Phase 9 Design
Phase 10 Risk Management
Phase 11 Data Test Gathering
Phase 12 Testing Data
Phase 13 GUI Creation
Phase 14 Algorithm Implementation
Phase 15 Data Modification
Phase 16 Validation
Phase 17 Report Writing and Validation

Thange Prerna Balasheb


Kamble Mansi Satish
Bhalerao Shravani Shankar
Devraye Rohit Rajendra

Prof.Kedar A. L Prof.Navle S.K

Project Guide Project Coordinator HOD Team Members


Activity No:1

Submit 4 different project topic name

1.Online Food Delivery


2.Online Printed T-Shirt Designing
3.Online Book Store
4.Online Travel Agency

 We search titles on Google chrome. Then we find out lot of Project


titles. In those titles we select out these 4 titles for our Capstone
Project.
 We select “Grocery Management System” and final this title for
our Project.
Activity No: 2
Submit Abstract & 2 Different research paper with hard copy

Online Travel Agency

ABSTRACT

The internet revolution has changed the scenario of travel industry through the
easily accessible of travel products to the mass
consumers by their virtual presence rather than physical. The online travel Portal
(OTP) is also known by Online Travel agent, E-travel
agents and virtual travel agents (VTA’s). The concept of travel agents immersed as
a connecting link between supplier and consumer. In a
last 5-10 years techno friendly visitors prefer more to buy their travel services
online like the online shopping of physical goods. The OTP
has served vast prospects for travellers to buy their travel directly online thereby
evading the traditional travel systems i.e. travel
agencies. While serving as an intermediary means between service providers and
tourists, internet has reduced the significance of the
traditional intermediary (travel agents) or at the large extent traditional part became
very uncommon in today's practice. Web-services

 For this activity we refer the recent work that was already done by
someone. Then we prepare abstract of our project.

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