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Travel & Tourism

Industry Expertise

In a market worth over £30bn, the last decade has seen rapid changes in the travel industry.  With rising levels of disposable income, and a generally confident consumer market, the proportion of people taking a holiday has increased by 3 percentage points between 2000 and 2005 to 65%, whilst the number of those also taking multiple holidays has increased.  

Technological changes have changed the face of the travel industry irreversibly.  Mintel estimates that there were 7.9 million domestic holidays and almost 16.4 million overseas holidays or components booked on the Internet in 2005. Thus the Internet accounts for almost 20% of domestic and over 37% of foreign bookings.   There has been a big increase in ‘dynamic packaging’ or ‘tailor-made’ holidays in 2005 and this is set to increase further in the future as dynamic packaging software technologies are enabling travel sites to offer a more flexible holiday product

Sapphire’s Travel sectors offer a proven track record in delivering cost-effective financial and business management solutions to travel agencies and tour operators, airports and the leisure industry.    Our range of solutions includes:

	Proven integration into online travel booking systems - including Travelstudio from Open Destinations for enhanced reporting and business management.
	Revenue Recognition – the flexibility to handle the recognition of revenues in different ways. For example, by the date the holiday is invoiced and/or by the date the holiday is taken.
	Multi-Currency - true dual base currency processing. This powerful functionality enables companies to buy, sell and stock products and services in any currency, to account in three parallel currencies, and to report back to overseas parent companies in the currency of their choice.
	Extensive reporting and analysis capabilities - allowing companies to report by tour code, departure date, product type, region, department, and more.
	Worldwide capabilities. For travel operations with multiple overseas offices, our solutions are available in 30 languages and in nearly every country worldwide.

Improved financial reporting through Travelstudio & SunSystems. 

Sapphire partner with Open Destinations – providers of the Travelstudio travel reservation solution. Travelstudio is one of the most complete solutions available within the industry today, enabling operators to do business with trade customers and consumers, package tours and bespoke holiday bookings.

With SunSystems and Travelstudio, you can get fully integrated business management solution that offers complete synchronisation across your business information – resulting in more accurate, up to date information with which to measure and assess your financial and business performance.

For more information on the solutions that can fulfil these requirements please visit our products and solutions section. 

If you are interested in seeing any of our product and services in action, why not check our current events section for further information?

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