QuadLabs, a premier travel technology company based out of New Delhi, India is entering into the Latin American travel markets with the first ever WTM Latin America 2013. After several successful deployments and adaptions of its flagship product XChange ERP, across Europe, USA, India, Middle East and Africa, they are now focused on delivering product to the Latin American region.
Latin America’s tourism has been showing constant boom in domestic and intra regional travel, fueled by state-driven economic development.Consumers in Latin America are making more and more travel purchases online as individual markets begin to see higher internet penetration. Latin America is to lead all world regions in online travel sales growth through 2016, increasing by more than 30% on a yearly basis. By 2013, Latin America will surpass Asia-Pacific in terms of online as a percentage of total travel sales. Considering Brazil, which is the largest economy in entire South America, is anticipated to have the third highest online travel sales at CAGR of 18.2% .By 2022, tourism is expected to create 4 million new jobs in the region, half of which will be in Brazil, not only due to its population and economic growth but also due to the 2014 FIFA World Cup and the 2016 Olympics.
According to Gaurav Chiripal, CEO of QuadLabs Technologies Pvt. Ltd.“Considering this exponential growth of travel industry in Latin America,we believe that our comprehensive XChange ERP solution will help the travel intermediaries getting on-demand system with low cost of ownership.”It is an all-in-one suite to automate the travel business process from content acquisition all the way through distribution.It equips the intermediary with the ability to sell across multiple sales channels such as B2B dashboard, B2C online booking engine and Call center/Front desk. It is integrated with multiple GDSs and third party suppliers of hotels, sightseeing and transfers for fetching worldwide content. With functionalities like multi-language and multi-currency will make QuadLabs XChange ERP the most preferred choice for travel intermediaries in the region.
