Travel Agency booking versus Independent Travel booking from a Millennials Perspective: A Comparative Study
A Tourism Research Paper
Presented to the Faculty of Institute of Tourism and Hotel Management
Far Eastern University
Nicanor Reyes Sr., St. Sampaloc, Manila
In Partial Fulfilment of the Requirements in
Tourism Research Methods and Techniques
For the Degree in Bachelor of Science in Tourism Management
And Hotel and Restaurant Management
Submitted By:
Reyes, Ashley Rosedale B.
Prado, Yvette Diane T.
Natividad, Kriza O.
Guerrero, Maria Doris E.
Canlas, Beatriz Katrina T.
Sec 3
Acknowledgment
As the researchers, we would like to express our appreciation to our lecturer Ma’am Carolyn Cuevas for being understanding and helpful through the course of this study. Also, to Mr. Marc Alvin R. Ermino our statistician from Institute of Arts and Sciences who has helped us to analyze the data and for the encouragement that he gave to us. To our adviser Ma’am Joy Labuguen who has guided us through the course of this thesis. She never fails to give us inputs that will help strengthen our paper. In times when we needed her help the most, she was always there. Also, thank you for accommodating us during consultation hours. We would also like to express our gratitude to the faculty members of Institute of Tourism and Hospitality Management for helping us validate our questionnaires and for accommodating us. Lastly to our families who have been sending us their encouragements throughout this research.
Chapter 1
Background of the Study
Introduction
This Chapter discusses about the background of the study, problem statement, theoretical framework, conceptual framework, research objectives, hypothesis, the significance of the study, scope and limitations and definition of terms. Chapter 1 is also an essential part of the paper since it will be giving insights of what the study is really about and will serve as a guide on what to expect in the final result. This part of the paper will also give information about what the study is trying to prove and the relevance of the study to the researchers and involved subjects.
Background of the study
According to the World Tourism Organization, “Tourism is defined as the activities of persons traveling to and staying in places outside their usual environment for not more than one consecutive year for leisure, business, and other purposes.” Here in the Philippines, it is considered as one of the largest industries and one of the economic contributors since it generates a lot of revenue for the country. According to the Tourism Promotions Board, “The Philippine tourism industry reached a new milestone as the country welcomed a total of 5,967,005 arrivals, closely hitting the Six Million
Arrival mark. This volume escalated by 11.31% compared to the 2015 arrivals. I am optimistic that the tourism industry will remain as one of the top pillars in boosting Philippine economy with this positive trend in increase of arrivals,” said Tourism Secretary Wanda Corazon Teo CITATION PHI17 l 1033 ( PHILIPPINES GEARS UP FOR A STRONGER TOURISM INDUSTRY, 2017).
In relation, a travel agency provides travel related services and serves as the intermediary between the suppliers and the clients. They provide bookings, arrangements and even document processing for clients who would want to experience a hassle-free travel. They serve as a middleman for airline, accommodation, activities, attraction, transportation and etc. These travel agencies are able to sell and make itineraries that would fit their client’s needs. The first person who was able to create a structured travel plan was Thomas Cook who is also considered as the Father of modern travel agency. 1841 Thomas Cook organizes his first excursion, a rail journey from Leicester to a temperance meeting in Loughborough. On Monday 5 July a special train carries some 500 passengers a distance of 12 miles and back for one shilling CITATION Tho l 1033 (Thomas Cook History). The development of information technology enables most hotels to change their business operations rapidly CITATION Seo17 l 13321 (Seo, Jong, ; Sang, 2017). Same with travel agencies, now they have online websites wherein they can easily be contacted by potential clients. They do their advertising and marketing through online specifically with the use of social media. With that kind of strategy, they can easily attract potential clients most especially tourist that are very tech savvy.
Independent travel booking is also another way or means of booking one’s travel arrangement. This is wherein the traveler will be the one responsible for arranging his travel and usually uses online booking websites like Agoda, Expedia, the website of the airline/hotel and the like. Many travelers search for information on travel, buying airplane tickets online, online booking of accommodation and other facilities, rather than relying on travel agencies to do it for them CITATION Crn10 l 13321 (Crnojevac, Gugic, & Karlovcan, 2010). With the evolution of the internet, the use of online search facilities for travel information has provided additional sources of information and opportunities to purchase travel direct from suppliers such as airlines and accommodation providers without recourse to travel agents and in some instances at discounts to prices available through travel agencies by eliminating commissions for such agents CITATION NgE l 13321 (Ng, Cassidy, & Brown) .
Not all tourists are the same; some tend to be adventurous while some are not. There are tourists’ classifications according to Stanley Plog in and these are Psychocentric, Mid-centric, and Allocentric. Psychocentric tourists are not that adventurous and they tend to look for something that gives the familiar kind of feels. Mid-centric is the in-between of being adventurous and not. They are open to trying new things out but also want the familiar feel. Allocentric tourists are the ones to tend to explore a lot and always want something new.
Millennials, typically defined as those born between 1980 and 1996 CITATION Car17 l 1033 (Carnegie, 2017). Today, they are already part of the working force meaning they already have the means to travel to wherever they want. Millennials are adventurous, creative, open-minded and want more of the so-called “me time” CITATION Mai17 l 13321 (Main, 2017). They are the ones who have the tendency to explore different places and willing to try out new things that they haven’t experienced before. Young travelers use the internet when they decide to plan a trip. They tend to be very well informed, consulting a wide range of resources before departures CITATION Tug l 13321 (Tugulea, Bobalca, Maha, & Maha, 2014).
Do it yourself is a term we mostly hear nowadays. People like to do things on their own now and it just shows that they are curious and ready to explore things. The term do it yourself can be applicable to anything like cooking, creating something out of scratch etc. Since most people are now tech-savvy they tend to just search online for what are the things they need to do. With just one click on the search button, you can easily learn how to do things on your own. For travelers who use independent online booking, they are less interested in following the masses in tourists packages and much more eager in satisfying their own priorities and timetables CITATION Crn10 l 13321 (Crnojevac, Gugic, & Karlovcan, 2010). It is also known as Independent Travel Taken literally, independent travel means any trip that you organize by yourself – booking your own accommodation, transport and itinerary as opposed to going somewhere as part of a holiday package which is defined by Mpora a known traveling website. The technology is truly a played important role in DIY travel booking. Through just one click you can browse different flights, accommodations, and trips. They also research everything about what they need to satisfy their travel needs. If they are first-time traveler they are also sites that provide guides that will them such as Travel Info. Also, there are phone applications that help them in booking such as LocalTrip, Localeur, CoolCousin, 500px etc.
This study aims to analyze whether millennials still prefer to seek assistance from a travel agency or would they prefer to do it their way. With this research, the researchers would be able to know the current trends when it comes to millennial travels and what makes them pursue their travel which is very relevant for the researchers since they are taking up tourism management. As future tourism professionals, the researchers would be able to identify the things they can conceptualize if ever they will put up a travel agency in the future. The researchers would also want to recommend possible solutions to the problems or issues they will encounter during the researcher proper.
Problem Statement
It is said that by 2020 there will be 1.6 billion tourists who will be traveling around the globe and that is very evident. More people are now capable of traveling most especially the millennials because of those promos that not just airlines offer but also the other sectors of the tourism industry. Today “DIY” travel or backpacking seems to be very popular and you can see it on blogs, vlogs, and even Facebook posts. With the rise of these DIY travel tips or hacks, this research aims to know whether if there is still a relevance for the millennials to seek assistance from a travel agency with regards to booking for their trip.
People nowadays are tech-savvy and with the help of the internet, people can easily plan their trips through their smartphones. With just one click things will be set and okay. This is very relevant to the millennials since they tend to explore a lot and rely on the internet. But note that not all millennials are like this. They are easily influenced by what they see and when it seems very pleasing and catchy to them tendency is they will try. Given that there are many factors in determining one’s satisfaction, the study aims to identify certain factors that greatly affect the travellers’ booking needs and wants in terms of transportation, hotel and tour reservations. The study will consider the following such as accessibility of information, cost of travel arrangement, ease of transaction and flexibility of travel arrangement. When it comes to comes to accessibility of information this only means Accessible information means information provided in formats that allow all users to equally access content. Information and Communication Technology or ICT is increasingly seen as a major tool in meeting individual learning needs CITATION Eur l 13321 (European Agency). Other factors that we need to consider is the cost of travel arrangement it differs from the travel agency and independent booking. With a travel agency, it has a mark-up. Ease of transaction relates to convenience because for quick and easy where you can find that you need. The last would be the flexibility of travel arrangements this shows that the travelers have control in arranging their preferred time, destinations or accommodations.
This research would be helpful for all future travelers not only limited to the millennials and also travel agents who would like to know how they will be able to keep up with today’s travel trend which is DIY travel. Since this research paper will present the study about millennial travelers about travel agency service versus independent booking, this research will guide the future travelers on how to determine the appropriate booking method for them. This will help enlighten them because this research will present the study about between the two means of booking arrangement. Lastly, this will be relevant for those people who will be planning to start up a travel agency business and so does travelers out there who would want to seek information about which one is better or suitable for them.
Theoretical Framework
In this study the researchers gather a theory that will strengthen and support the topic. The aim of this research is to conduct a comparative study between travel agency and independent booking for a millennial perspective. Adam Smith Scottish economist, philosopher and author usually gets the credit as father of Rational Choice Theory according to the Hartford Institute for Religion Research. In the standard view, rational choice is defined to mean the process of determining what options are available and then choosing the most preferred one according to some consistent criterion CITATION Lev04 l 1033 (Levin ; Milgrom, 2004). As a result each individual has its own preference among the available alternatives that allows them to choose the option that is more preferable for them and can give satisfaction. Another insight made CITATION Wit13 l 1033 (Wittek, 2013) that Rational Choice Theory is an umbrella term for a model explaining social phenomena as outcomes of individual action that in some way be constructed as rational. It includes the key elements of all rational choice explanation like individual preferences, beliefs and constraints. A much more narrower definition was described to rational choice as one which maximizes the expected utility CITATION Von07 l 1033 (Von Neumann ; Morgenstern, 2007). It assumes that an individual has its own preference in which he/she can choose between the available choices. Since not all needs were met the person may select the best alternative which is preferable for them or more likely gives the greatest benefit or satisfaction. Given an example, A travel agent or tourist wants to book a hotel but unfortunately their preferred hotel was fully booked. The initial action done by the tourists or the travel agent is to find a hotel that is most likely the same from their first choice. Choosing a destination is often a complex and difficult decision-making process as individuals have different destination preferences and expectations while having to pay in advance for it without knowing whether it will be a pleasant trip CITATION Zha09 l 1033 (Zhang, 2009). Trends vary from time to time, thus the consumer preferences changes. Especially nowadays variety of tourist attractions are available and can easily be traced and accessed. Tourists may differ in the from their travel preference form destinations, activities, transportation, food etc. It may vary mainly because preference can have many roots ranging from culturally transmitted tastes for food or items to personal habits and commitments CITATION Wit13 l 1033 (Wittek, 2013). Belief, on the other hand, refers to the perceived cause-effect relation, including the perceived likelihood with which an individual action will result in different possible outcome CITATION Wit13 l 1033 (Wittek, 2013). Minimally, rational-choice theory must tell the agents how best to realize their desires, given their beliefs. Furthermore, the theory must prescribe which beliefs it is rational for the agents to hold, given their evidence or information. CITATION Els09 l 1033 (Elster, 2009). A belief may be rational and yet false. Constraints within the tourism industry act as filters for tourism demand, hindering the potential tourist to engage in travel even though a motivation to travel may exist CITATION Pag03 l 1033 (Page ; Hall, 2003) this reflects to some circumstances that can limit the tourists to travel. As for CITATION Gil00 l 1033 (Gilbert ; Hudson, 2000) regarding constraints, finance can be viewed as the main limiting travel factor to participate in leisure and activities. Another barrier might occur for potential travellers may fear for their safety and not travel if there is limited information available of a destination CITATION Car09 l 1033 (Carneiro ; Crompton, 2009). Another constraint discussed by CITATION Jac93 l 1033 (Jackson, 1993) found that social isolation such as being single can also be regarded a possible travel constraint. These factors might hinder or reduce the tourists to purchase their travel arrangement.
36834391595657
Rational Choice Decision Making Process. by Mchsane/ Von Glinow 2015.
Is characterized by six steps in decision making in which the individuals identify, select and execute the best alternatives. In this framework, we relate the three key elements mentioned by CITATION Wit13 l 1033 (Wittek, 2013) namely, preference, beliefs, and constraints. Beliefs and constraints appear on the first three steps. Given that belief, rationality can be shaped by the agent’s desires, not directly (as in wishful thinking) but indirectly through the process of information acquisition CITATION Els09 l 1033 (Elster, 2009). The early stage was related to beliefs in which it is the primary basis of the individual together with the information he/she acquired in making such decisions. Constraints appear in this step simply because the agent will first evaluate the situation in order to maximize its full utility. The last few steps reflect the preference mainly because the decision was finally executed by the agent. The decision made by the individual was evaluated in order to distinguish if it maximizes the full utility of the course of action.
1.4 Conceptual Framework It will identify the perspective of the travelers.
It will enhance the marketability/ dependency on different booking options.
Increase awareness and provide precaution in selecting booking preference.
Identifying the preference, beliefs, and possible constraints through the help of the sub-factors that will affect the Millennials perspective with regards to travel booking.
Sub-factors:
– Accessibility of information
– Cost of travel arrangement
– Ease of transaction
– Flexibility of travel arrangement
A survey will be conducted to working millennials through pen and paper or online to determine the tourist perspective.
Fig. 1.2 (Input, Process, Output Framework)
The researcher uses the Input, Process, Output or IPO method/model for the conceptual framework in which will provide the general structure and for the direction of the study CITATION Lal14 l 13321 (Lala Eusebio, 2014).
According to CITATION Wit13 l 1033 (Wittek, 2013) rational theory is a model that explains social phenomena as outcomes of the individual actions in some way is constructed as rational. This theory, tells that preference denotes to a positive and negative evaluation of an individual attached to the possible outcomes of their action.
Wittek stated in his study that Rational Theory has three factors: Preference in which the individual can choose between the available choices, Beliefs that said that it would be the cause and effect relation, and Constraints in which hindered tourist in making decisions CITATION Wit13 l 1033 (Wittek, 2013). As an input on this framework, the researcher supports the factors with the sub-factors that was categorized using journals that relate to this study in which they mainly talk about the importance of it in the research. Researchers came up with four sub-factors that are the most common talk in the study and these are The Accessibility of Information, The Cost of Travel Arrangement, Ease of Transaction and Flexibility of Travel Arrangement. With the help of these sub-factors, the researchers can easily identify on how it will affect the perspective of the tourist Millennials. The study of CITATION Usi l 13321 (Oana Tugulea, 2014) talk that accessibility of information is one of the most important aspects that the tourist considered, information can be asked to a travel consultant since they are more knowledgeable about the tour arrangements and such or scroll through sites which give tourist more options, and also stated that internet provides every information that the travellers need. Cost of travel arrangement mainly depends on the budget or wants of the traveler CITATION Jam80 l 13321 (Moncur, 1980). When it comes to ease of transaction, this factor is about how well the transaction between the tourist and supplier or the travel agency. Tugulea CITATION Oan14 l 13321 (Oana Tugulea, 2014) stated that if tourist choose to be accommodated by the travel agency tourist must directly visit the physical agency office for them talk about the plans and some recommendation, yet if tourist prefer to arrange their own booking and since they are provided with so much information it is an advantage for them to stay at home and directly contact the supplier stated in this Baghdadi’s journal CITATION Ibr13 l 13321 (Baghdadi, 2013). Flexibility of transaction Baghdadi CITATION Ibr13 l 13321 (Baghdadi, 2013) stated that 71% of his respondents will book through travel agency because they can be provided a tailored tour package base on their preferences and if a tourist prefer to have an independent booking they will have more options and information since the internet will provide their need and questions for their uncertainties CITATION Oan14 l 13321 (Oana Tugulea, 2014).
As for the process, the researcher will be using a Quantitative Approach. According to Creswell CITATION Cre03 l 1033 (Creswell J. W., 2003), this method involves the gathering of data information to strongly support its claims. In order to gather data, the researchers will be conducting a survey with a question that was formulated based on the factors, it will be through online or they will be given a hard copy.
As when the result come out this study will help travel agency and apps or websites that allow the tourist to have their own booking to identify the perspective of the tourist that can help them improve the marketability/ dependency on different booking options. Tourist, on the other hand, will be more
1.5 Research Objectives
Main Objective
To know whether the millennials will have a significant difference in finding satisfaction towards booking via a travel agency or independently booking their travel needs.
Specific Objectives
What are the factors that greatly affect their decision making, either booking independently or via travel agency?
What is the millennial’s perception of identified factors such as accessibility?
What would be the possible constraints that may occur in the process of booking their travel arrangements?
What are the common beliefs associated with booking travel arrangements through the means of a travel agency and independent booking?
1.6 Hypothesis
H1: There is no significant difference between the level of satisfaction of the travelers that availed from the travel agency than the direct buyers who shouldered all the burden on transacting the different tourism components. For some travel agents who are not licensed by the Department of Tourism creates a bad image towards their company which leads to a manual booking of accommodation instead for the direct buyers. There are a lot of things to do in just a snap of a finger with technology, the rapid growth, and almost everybody has the ability to connect through the internet just to browse some promo fares directly from the airline’s website and choose from hundreds of hotel accommodation with different helpful travel apps.
H2: There is a significant between the travellers who opt to seek help from a professional travel consultant since it is hassle free, communications are open through emails or sending text messages from the clients and since the contact person in charge is the travel agents if ever there are adjustments from the itinerary or the hotel accommodation, it is much easier to address it to the client.
1.7 Significance of the study:
The study about the travel agency booking vs. independent booking will benefit the different sectors such as the tourism industry, travel agents, researchers, travelers and the suppliers. The researchers hope to contribute more to the depth of research materials on the subject.
.1. To future travelers. Some of the tourists are not aware of the ins and outs of a travel agent and on how they transact to the different tourism sectors starting from the different components of a tour package just to provide them the affordable price and quality service. In this study it will help them to fully understand the duties and responsibilities of each travel agent dealing with each time they are being assisted.
2. To the future travel agents. This study will help regenerate a new tactic in order to gain sales, provide the best service for the clients. In case there are any circumstances that were not met in a certain agreement between the travel agent and the customer it will create a bad image towards the agency. A professional travel agent must know the places that best suits best for the client and the activities included in the tour packages.
3. To the suppliers. Travel agencies without their suppliers who will provide the tourism related services to their clients such as activities that are to be done in a particular destination, air transportation, hotel accommodation and travel insurance. They would not be able to cater the needs of their clients and provide a quality service. In this study, they will benefit from the research conducted on how to approach direct buyers not just supplying the travel agencies itself.
4. To the tourism industry. The tourism industry is one of the largest industry that produces a huge amount of money in the global economy in terms of accommodation, transportation, entertainment, and shopping destinations. These components of a tour package must be given importance thus this study will help improve the quality of service.
5. To the researchers. This study will educate the researchers with what to consider when negotiating from a travel agent compare to shouldering all the duties and responsibilities that have been covered during the whole process of the research that would help them to be aware of the issues that can possibly happen. The outcome of the study will give them a specific idea towards this study and provide updated information for everyone.
1.8 Scope and Limitations of the Study
This research aims to know which are among two means of booking arrangement they prefer. Is it the old-fashioned going to a travel agency to avail a tour package or searching online and book it by you and organize everything from time, airfares, land transfers, accommodation and etc. Also to know which is more convenient for the travelers, do they want a fixed schedule like what most tour packages have or you want a flexible time schedule that you can control any time you want. The hierarchy level of travel needs as proposed by Patrick Singleton that there are a hierarchy of travel needs consists of feasibility, accessibility, safety and security, cost and pleasure. Given that the one being arranged by the travel agency is a fixed schedule of itineraries and the other one is they can add or remove based on their mood and taste or which they prefer and satisfy their travel experience more. This study will tackle on which they prefer more regardless that a travel agency is a physical or online store. The respondents that will be covered are only millennial professionals. The researchers will have to maximize their time to gather all data needed for the study. The targeted date in gathering data is on March 2-3, 2018. Also, we will be focusing on leisure travelers rather than business travelers.
1.9 Definition of Terms
These following terms will be used in this study:
Accommodations- Accommodation in the form of low budget lodges/hotels to world-class luxury hotels is available at all the major tourist destinations to provide the tourist a home away from home. These are establishments that provide a place for the tourist to stay i.e. lodging facilities which are paid for the duration of the stay by the tourist. (National Institute of Open Schooling)
Beliefs- Assumptions and convictions that are held to be true, by an individual or a group, regarding concepts, events, people, and things. (BusinessDictionary.com)
Constraints- A limitation or restriction.
DIY/ Independent booking: the client itself is the one reserving their accommodations through the website of a particular tourism component.
Feasibility- The state or degree of being easily or conveniently done.
Leisure Travellers- travel in which the primary motivation is to take a vacation from everyday life. (usatoday.com)
Licensed Travel Agency- An accredited private retailer or public service that provides travel and tourism related services to the public on behalf of suppliers such as activities, airlines, car rentals, cruise lines, hotels, railways, travel insurance, and package tours.
Millennials – The generational demographic cohort following Generation X. Typically use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years
Online Booking System- is a software you can use for reservation management. They allow tour and activity. Operators to accept bookings online and better manage their phone and in person bookings. But they also do so much more than that. (CheckFront.com)
Portal – a website that functions as an entry point to the Internet, as by providing useful content and linking to various sites and features on the World Wide Web. (Dictionary.com)
Non Probability sampling- Non-probability sampling represents a group of sampling techniques that help researchers to select units from a population that they are interested in studying. (dissertation.laerd.com)
Preferences- refer to certain characteristics any consumer wants to have a good or service to make it preferable to him. This could be the level of happiness, the degree of satisfaction, utility from the product, etc. (Economic Times)
Quantitative approach- Quantitative analysis involves using scientific or mathematical data to understand a problem, such as analyzing surveys to predict consumer demand.(smallbusinesschron.com)
Rational Choice- individuals always make prudent and logical decisions
Tourists- a person who travels and visits places for pleasure and interest. (Cambridge Dictionary)
Tourism- comprises the activities of persons traveling to and staying in places outside their usual environment for not more than one consecutive year for leisure, business, and other purposes. (UNWTO)
Transaction-: Agreement, contract, exchange, understanding, or transfer of cash or property that occurs between two or more parties and establishes a legal obligation. Also called booking or reservation. (Business Dictionary)
Travel Agency- an agency engaged in selling and arranging transportation, accommodations, tours, and trips for travelers.
Travel agents- a person engaged in selling and arranging transportation, accommodations, tours, or trips for travelers. (Merriam Webster)
Tourists- a person who travels and visits places for pleasure and interest. (Cambridge Dictionary)
Chapter 2
Literature Review
This Chapter is the Review of related literature and it discusses about 4 different subchapters relating to the specific research objectives. Chapter 2 is wherein related scholarly journal articles will be presented that will help build a good foundation for the study. In choosing the related literatures, the researchers made sure that each journal they have chosen is all in line with the research variables. These journal articles have been collated in order to show their relationship to the specific research objectives of this study.
Subchapter 2.1: Factors that greatly affect their decision making
Due to the advancement of the technology through the internet, the customers have a variety of choices to choose from. Every now and then people book their travel arrangements ahead of time, looking forward to travel promos. The online booking may cause a threat for the travel agencies since clients have the opportunity to book their travel arrangements online for them to communicate the suppliers directly and avail the products that are much cheaper prices this cause the travel agency to shut down their operation. It has been shown in many studies that people travel much more these days than ever before CITATION Dos97 l 1033 (Doswell, 1997) The age of travellers does not relate to choice of booking via the internet or through the travel agent, since older people know how to manipulate the gadgets that we use like smartphones or computers and internet is mostly accessible everywhere
The difference between having a transaction from a travel agent is that they will be the one to address all your concerns about your chosen itinerary to their suppliers compare to shouldering the burden. In influencing consumer behavior when making travel decisions with specific reference in choosing online travel booking or through the travel agency CITATION Eze15 l 1033 (Ezeuduji ; de Jager, 2015) reflects the way consumers want in choosing a travel agency who will organize their travel bookings. The consumers opt to choose the best travel agency in terms of time management. Travel agency makes the consumer’s life easier compared to online travel booking. It may seem to look good when the consumers are transacting through the travel agency but the disadvantage is, they have to cope up with the fixed itinerary.
Subchapter 2.2: Millennials preference on accessibility.
On this part of the research, the journals collected gives similarities in the aspects of the perception of the traveler or consumers when it comes to accessibility. Some studies stated that travelers who prefer to have independent bookings prefer to have a reliable site that give them specific information for them to save more time in looking for their need rather than visiting more site that can lead to confusion. As said to the study of Thomas Mayr and Andreas H. Zins CITATION Tho12 l 13321 (Zins, 2012) they try to gather information regarding the perception of the consumer, the service quality approach and price perception is most likely drives the travelers or consumer in different travel distribution channels. The study is about travelers who prefer to go through the traditional travel agency CITATION ZuH09 l 13321 (Cheng, 2009), it stated that most consumers seek in a travel agency or consultant is knowledgeable and experienced when it comes to the industry, helpful and friendly staff/consultant.
This study CITATION Mer1 l 13321 (Cem) provide social media survey for them to know how was the decision-making process changed in selecting a destination and what impact does it have on decision-making-process. In the study of Cristina Ressel CITATION Cri16 l 13321 (Ressel, 2016) they have their questionnaire distributed mainly on Facebook for them to be able to reach consumer that is born between 1980 and 2000 they use the Facebook due to its popularity and it appeared to the most suitable channel for the survey. Peter Belenky CITATION Pte11 l 13321 (Belenky, 2011) get his result from looking in various websites review and journals based on the traveler’s constraints on income and the minimum amount of time they spend in looking for their information.
This research mainly talks about the perspective of millennial travelers in terms of booking their trip through a travel agency and independent booking. The results of the research will help the tourists to identify which one is more reliable for them. Based on the journals, tourists prefer reliable sources. They made sure that before purchasing their trip they must talk to someone knowledgeable.
Subchapter 2.3: Possible constraints that may occur in the process of booking
In researches, online reviews affect the trust of the tourists towards the hotel and affect their decision in choosing CITATION Seo17 l 1033 (Seo, Jong, ; Sang, 2017). This gives an insight on other travelers experience during the purchase of service. The research focused on the trust of individuals who uses online booking sites. CITATION Pen13 l 1033 (Peng, Xu, ; Chen, 2013) added that online travel booking was increasing and adopted by a lot of tourists. Based on CITATION Pte11 l 1033 (Belenky, 2011) that emphasized reliability, because some travelers sacrifice their time and effort just to ensure that they will arrive at the destination right on time. Another insight from CITATION Wil08 l 1033 (Wilson ; Little, 2008) states that women have a greater array of tourism and leisure choices yet they might be constrained by their social and gendered location as women. This implies that gender can somehow affect their decision in choosing their travel arrangement.
The study conducted by CITATION Wil08 l 1033 (Wilson ; Little, 2008) was focused on women who do solo travel. An exploratory study was conducted on 40 women. In-depth interview was done to be able to know the constraints. 4 interlinking constraint was identified characterized by socio-cultural, personal, practical and spatial. A research from CITATION Pte11 l 1033 (Belenky, 2011) tackles for reliability. Given by the uncertainty of time travelers usually use a buffer in their schedule, leaving early to assure that they will be on time for their trip. CITATION Seo17 l 1033 (Seo, Jong, ; Sang, 2017) highlighted the trust of the travelers in online booking. The tourists will show that individuals tend to confirm their booking when they think their perceived value will be satisfied. This study performed online survey as methodology. The online survey is consisted of questions prior to the study that will prove its validity and reliability. Another study was conducted by CITATION Fer16 l 1033 (Ferreira, Perks, ; Oosthuizen, 2016) that explains the constraints of booking a travel arrangement. Work, personal and accessibility are clearly specified. A quantitative research paradigm was applied and a survey was conducted among 301 outbound South African travelers. The gathered data was analyzed using descriptive statistics. CITATION Pen13 l 1033 (Peng, Xu, ; Chen, 2013) discussed about a new research agenda in tourist behavior while booking their arrangements that proposed an empirical method in the future study. Empirical methods are employed in this behavioral research. In general, it emphasized the different constraints experienced by the travelers in terms of booking their arrangement.
Since the research is about the preference of the millennials between two medium of travel arrangements which is travel agency and independent booking it gives us an idea how travelers nowadays purchased their travel. The journals imposed different factors that influence travelers in booking their trip as well as the occurrence of constraint in their travel. It displays an amount of information that gives knowledge to all travelers on which medium is more advisable to the public. Since the study also includes constraints, travelers can have an idea about the weaknesses of the two as well as its advantages. Through all the gathered information from various respondents this will give a timely perspective to the tourists.
Subchapter 2.4: Common Beliefs in booking travel arrangements
Common beliefs have an effect on people’s decision-making skills. Those stereotypes that we often encounter have been embedded in our minds thus making us think that this is what okay or normal. In booking travel arrangements common beliefs cannot be avoided since people have a tendency to believe in what they usually read or hear through word of mouth. In this, it will be discussed what are the common beliefs of travelers in traditional travel agency booking and online or independent booking. When it comes to travel agency booking the most common beliefs are the expertise, benefits, clear information, little effort coming from the traveler which are all positive. If there is a positive belief about it then there is also the negative one like an agency has a fixed programme, high prices, and not all received information corresponds to reality CITATION Tug l 13321 (Tugulea, Bobalca, Maha, & Maha, 2014). There is still a substantial portion of the travel and tourism market that prefers to use the services of travel agents for their travel and tourism needs. In a study, it was found out that these consumers prefer to use travel agents because of the expertise, financial and support benefits that travel agents offer them CITATION Ter151 l 13321 (Terblanche, 2015) CITATION Egg02 l 1033 (Eggert & Ulaga, 2002). For the people who prefer travel agencies, most of them believe that they have the possibility to be helped by the TAs when it comes to their decision making CITATION Bog l 13321 (Bogdanovych, Berger, Simoff, & Sierra, 2005). It is believed that it is easier to talk to travel agents and also it is much safer to purchase airline tickets with them. On the other hand, nowadays it gets more and more difficult for “brick and mortar” travel agencies to compete and keep up with the Internet and its online booking potential. It seems that most of the travelers tend to prefer the online experience because it’s better manner of visualizing destinationsCITATION Tug l 13321 (Tugulea, Bobalca, Maha, ; Maha, 2014). Young travelers use the internet when they decide to plan a trip CITATION Tug l 13321 (Tugulea, Bobalca, Maha, ; Maha, 2014). But despite its popularity, this also has positive and negative beliefs just like the traditional travel agency. Online travel booking provides more information, it easy to find what you want, costs less that travel agencies offer and etc. Some have believed that online booking is too risky and the fear of being scammed, are examples of the most common negative belief. The ease of access and the large quantity of information available via the internet have made it one of the most important information sources to acquire travel information. Furthermore, the internet also provided opportunities for consumers to seek out special promotions at a discounted rate or any last minute bookings CITATION NgE l 13321 (Ng, Cassidy, ; Brown). Research indicates that most consumers are concerned are concerned with acquiring good value for their money instead of solely seeking the lowest possible price CITATION Gup10 l 1033 (Gupta ; Kim, 2010); Peterson, 2011). These studies mentioned and used for this part of the research shows its similarities in terms of their study regarding what kind of similarities travel agencies and independent booking has in terms of common beliefs. These studies show common descriptions about the two means of booking.
Although these studies have similarities most especially in their topics they also have differences. Their differences are found in the methodology wherein it will be explained how these researchers have been conducted. The methods used in these studies were mostly through survey but they have different approaches. The contents of the questionnaires they have used have distinct differences since they do not have same types of respondents. In the study conducted byCITATION Tug l 13321 (Tugulea, Bobalca, Maha, ; Maha, 2014), they have used qualitative and quantitative. Qualitative was used specifically exploratory qualitative research. This type of research is suitable “where the research emphasis is on the in-depth understanding of how, why and in what context certain phenomena occur” CITATION Car01 l 1033 (Carson, Gilmore, Perry, ; Gronhaug, 2001). For their quantitative, they have chosen a focused group. For their sampling, the sample is represented by 21 students, 10 men and 11 women, ages 19-26 years CITATION Tug l 13321 (Tugulea, Bobalca, Maha, ; Maha, 2014). Also, they have certain factors to consider in grouping the respondents for the focused group. For CITATION Ter151 l 13321 (Terblanche, 2015), the methodology followed consisted of studying websites of travel agents, the international association air transport, the world travel agents association alliance. They have also opted for online survey wherein they had a random sample of 10000 email addresses of customer that fly regularly was purchased from the data suppliers. While for the study conducted by CITATION NgE l 13321 (Ng, Cassidy, ; Brown), which focused on why consumers still prefer travel. The study used two stages but the second stage is the only one elaborated in the paper. The exploratory stage took form in-depth interviews with five frequent travelers, fu e occasional travelers and three experienced travel agency consultants, to investigate the appropriateness of those travel agencies selection sources identified in the preliminary model. The selection on of the interviewees was based on convenience judgment sampling and interviews were semi-structured. In a study conducted by CITATION Bog l 13321 (Bogdanovych, Berger, Simoff, ; Sierra, 2005) which also focused on the comparison of travel agency and online booking, they have used two stages of qualitative inquiry same with CITATION NgE l 13321 (Ng, Cassidy, ; Brown) but the difference is that both stages were discussed in the paper. In this study, the questions were based on the literature review and the information obtained through semi-structured interviewing of a carefully selected target sample. This study sample has been composed of people possessing ample of expertise in online booking but also considered Travel Agency point view. CITATION Bog l 13321 (Bogdanovych, Berger, Simoff, ; Sierra, 2005). All these related journals have similarity in the course of topic their differences are very evident in how they conducted their studies and who they have chosen as respondents. Other research has focused on only one side while the others have focused on both sides.
These studies for this subchapter are found to be appropriate for the nature of this research paper. The related literature will guide the researchers on what are the things they have to consider in doing their research. With these studies focusing on the common beliefs of travelers when it comes to those two booking methods, the researchers will be able to identify what are the things they might be able to add in their study that these related studies have not tackled. This research paper will be a support for studies in the course of nature and distinct from others since it will focus on the millennials perspective since it will be based on the current trend in today’s society. Also, this research paper will be a comparative study that will help widen the knowledge about why people chose the means of booking they have chosen.
Synthesis of the Study
These journals that were used as a reference in this research has similarities. It can be in their beliefs, perception, and constraints. Some journals presented they need to have a reliable source for them to have efficient time in finding the for their travel needs that will satisfy them the most they need different perceptions and also for the reliable price. Somehow their different studies have they need help from an expert in travel industry such as travel consultants. The constraints that are presented in these such e-journals have similarities such as solo women travelers facing constraints specifically spatial, socio-cultural and practical. They have common beliefs regarding in travel agency booking and independent travel booking. In a travel agency, this will help the traveler’s decision-making process in choosing the suitable travel needs. With the independent travel booking, they have doubts in using online booking websites because for them and it’s risky and the fear of being scammed. When it comes to the preference, most journals present that travelers choose online booking. Tourists believed that it is cheaper compared to travel agency rates.
Despite with these given similarities during the course of this study, the researchers found out differences in constraints, preferences, and beliefs. A study by (Cem) the method that they used in gathering respondents by social media and the other study cited that the method they used in giving out surveys is through Facebook. To collect more millennial respondents since most users are what they called millennials. Journals that are presented in subchapter one that ages of the travelers will not affect their choice of travel booking arrangements. The other subchapter used Qualitative approach and Quantitative approach. A journal based its study on online reviews. On the last subchapter, it was found that they have respondents such as professionals, young travelers and age and method was an online survey.
The researchers of this study believe that this study is appropriate in today’s age of technology in which most people have access to the internet. This study focuses on the factors that were specified in research objectives to achieve more precise findings or results in the end. Most journals that were collected are from an international perspective. The researchers had a hard time in finding studies that were based in the Philippine setting. That is why this study would like to focus on local setting. This study also focuses on millennials perspective who has the means to travel and tend to be adventurous and to find what will suit their travel needs.
Chapter 3
Methodology
Introduction
The chapter tackles about how researchers conduct data gathering to the specific target. This research is composed of research design, sampling design, data collection method and development of research instrument. This chapter simply presents research instruments done by the researchers and how they come up with the results.
3.1 Research Design
The researchers will be using Quantitative approach. Quantitative research involves the collection of data so that information can be quantified and subjected to statistical treatment in order to support or refute “alternate knowledge claims” CITATION Cre03 l 1033 (Creswell, 2003). CITATION Cre02 l 1033 (Creswell J. , 2002) asserts that quantitative research originated in the physical sciences, particularly in chemistry and physics. The researcher uses mathematical models as the methodology of data analysis. Three historical trends pertaining to quantitative research include research design, test and measurement procedures, and statistical analysis. Quantitative research also involves data collection that is typically numeric and the researcher tends to use mathematical models as the methodology of data analysis. Additionally, the researcher uses the inquiry methods to ensure alignment with statistical data collection methodology. CITATION Car07 l 1033 (Williams, 2007 )The type of research design that will be using in this entire study is Descriptive. The descriptive a definition provided by University of Manitoba research attempts to describe, explain and interpret conditions of the present i.e. “what is’. The purpose of a descriptive research is to examine a phenomenon that is occurring at a specific place(s) and time. A descriptive research is concerned with conditions, practices, structures, differences or relationships that exist, opinions held, processes that are going on or trends that are evident. The term descriptive research refers to the type of the research question, design and data analysis that will be applied to the given topic. The type of question asked by the researcher will ultimately determine the type of the topic at hand. Descriptive studies primarily concerned with finding “what is”. CITATION Knu l 1033 (Knupfer & McLellan)The researchers have chosen those types of studies since it is the most applicable way of gathering the needed data for this research. Since this study will be focusing on the comparative study between a travel agency and Independent travel booking from a millennials perspective, having a structured questionnaire will help the researchers to compare the responses in a much more efficient manner. The quantitative type has a mathematical aspect wherein through it, the results will be much more organized and easier to identify. The descriptive type of study answers the question “what if” is appropriate for this study since the questionnaire will also be giving out “what if” questions. Through the combination of Quantitative and Descriptive study, the researchers will be able to conduct a much precise study and results. Having to focus on the perspective of millennials, this type of method will help compare answers and arrive at a much clearer conclusion in the end.
3.2 Sampling Design
The samples in this research are millennials ages between 22- 38 years old, male or female and must qualify in the salary bracket that was provided.
Frequency (n=100) Percentage
Age 22-25 years old 39 39
26-30 years old 24 24
31-35 years old 26 26
36-38 years old 11 11
Gender Female 69 69
Male 31 31
Income Below 10,000 3 3
10,000-20,000 40 40
21,000-30,000 25 25
31,000-40,000 11 11
Above 41,000 21 21
The researchers will use the Non Probability sampling. In which the researchers will choose the most efficient way. Much less complicated, less expensive and can be done at the spur of the moment. Can take advantage of whoever is available.CITATION DrR l 1033 (King) The non-probability type that will be applied in this study is the Convenience Sampling. Convenience sampling (also known as availability sampling) is a specific type of non-probability sampling method that relies on data collection from population members who are conveniently available to participate in the study. CITATION Sau12 l 1033 (Saunders, Lewis, & Thornhil, 2012)Convenience Sampling will be applied in this study because it is easier to reach respondents through it. The study will be focusing on Millennials which is part of a huge population thus the researchers have decided it is best to use this since they’ll be able to reach a required number of respondents by having to focus on specific demographics. Although this type of sampling does not represent the entire population of millennials, this will study will still show what do some of the millennials prefer when it comes to booking travel arrangements. Also, this type of nonprobability sampling is recommended for studies that will experience time constraints. The researchers will also be using online survey thus convenience sampling can be applied. The researchers can easily reach out to respondents that are available, willing to cooperate and has an internet access.
This research will only be accommodating 100 respondents which are all millennials. The number of respondents of this research would also contribute to the credibility of the study; that is why it has been decided that not less than 100 respondents will be needed. Once the survey has reached its quota, the researchers would no longer be accepting any other responses coming from other respondents.
3.3 Data Collection Method
The study will be conducted to those working millennials. The researchers will provide a hard copy of the survey and it will also be available online. The content of the survey tackles the efficiency whenever the clients are booking their trip through online or with the help of a travel consultant. The survey questionnaire was formulated by the researchers.
In order to gather all the data needed in this study, the researchers made an online survey since millennials nowadays spend a lot of time browsing through the internet and it is an easy way to gather more respondents. After the survey has been done with the respondents, the researchers will now collect all the data gathered in order for them to identify the results.
3.4 Development of the Research Instrument
The questionnaire was formulated and patterned by the researchers that were based on the researchers’ objectives in order to acquire the intended answer. The researchers formulated the questionnaire guided by the journal of CITATION Tug l 1033 (Tugulea, Bobalca, Maha, & Maha, 2014) entitled “Using internet and travel agency in planning at trip; A qualitative research” and other academic journal. Platforms used to gather data is through internet and pen and paper survey. The target of this research instrument is to get data on about the preference of millennial travelers in terms of purchasing their travel arrangement between a travel agency and independent booking.
With the guide of the research objectives, the researchers were able to create a survey that was concentrated on the topic. The questionnaire was divided into two parts, the first section was a yes or no type of question and the second half is about choosing the most preferred medium, between travel agency booking and independent travel booking survey. The developed questionnaire was validated by professionals in the field of tourism.
YES NO
QUESTION FIG. 3.1 (Yes or No Survey)
TRAVEL AGENCY BOOKING INDEPENDENT TRAVEL BOOKING
QUESTION FIG. 3.2 (Preference Survey)
3.5 Statistical Treatment of Data
The procedure that will be using for this research is the Paired T-test sometimes called the dependent sample t-test, is a statistical procedure used to determine whether the mean difference between two sets of observations is zero. In a paired sample t-test, each subject or entity is measured twice, resulting in pairs of observations. Common applications of the paired sample t-test include case-control studies or repeated-measures designs CITATION Lan l 1033 (Lani). The reason why this research will be using T-test is that we have two sets of observation which are Travel Agency Booking and Independent Travel Booking. Since this research goal is to find out what will the respondents would prefer.
Chapter 4
Data Presentation and Analysis
Introduction
In this chapter, the data analysis and interpretation of the results will be presented which came from the survey the researchers have conducted. There were 100 respondents who belong to the millennial generation and the questionnaires used distributed through online and survey.
Frequency (n=100) Percentage
Age 22-25 years old 39 39
26-30 years old 24 24
31-35 years old 26 26
36-38 years old 11 11
Gender Female 69 69
Male 31 31
Income Below 10,000 3 3
10,000-20,000 40 40
21,000-30,000 25 25
31,000-40,000 11 11
Above 41,000 21 21
Table 1. Demographic Profile of the Respondents
Table 1 shows the distribution of the 100 respondents according to the demographic profile variables age, gender, and income. The modal age class is 21-25 years old having 39 respondents. Respondents whose age range 26 to 30 years old account for 24%. Meanwhile, respondents under age class 31-35 years old account for 26%. Finally, the respondents whose age ranges from 36 to 39 years old account for 11% of the total.
In terms of gender, the majority of the respondents or 69% of them are female while the remaining 31% are males. For income, 3 respondents have income below 10,000. There were 40 respondents whose salaries range between 10,000 and 20,000. Respondents whose income range from 21,000 to 30,000 account for 25% of the respondents. There were 11 respondents whose income is between 31,000 and 40,000 while the remaining 21 have income above 41,000.
Questions Frequency (n=100) Percentage
Yes No Yes No
Have you tried booking travel arrangements via Travel Agency? 43 57 43% 57%
Have you tried booking travel arrangements independently? 69 31 69% 31%
Do you often book via travel agency? 20 80 20% 80%
Are you familiar with DIY travels? 76 24 76% 24%
Have you experienced it on your own? 65 35 65% 35%
Have you encountered any problems in booking with the help of the Travel Agency? 21 79 21% 79%
Have you encountered any problems in booking independently? 27 73 27% 73%
Would rather do your own travel arrangements? 80 20 80% 20%
Do you prefer research when you plan your trip? 95 5 95% 5%
Do you think Travel Agencies costs more than independent travel booking? 74 26 74% 26%
Do you have doubts when booking independently using websites like Trivago, Skyscanner, Expedia and etc? 46 54 46% 54%
Do you prefer the use of websites like Booking.com and Travelocity in booking flights? 55 45 55% 45%
Do you think travel agencies will be able to help you fulfill your travel plans? 78 22 78% 22%
Do you prefer to talk to a travel agent personally? 67 33 67% 33%
Do you rely on other people’s beliefs when it comes to choosing the means of travel booking? 65 35 65% 35%
Table 2. Preference of Respondents Between Independent Booking and Travel Agency
Table 2 presents the summary of the preference of the 100 respondents between independent booking and travel agency and their level of agreement on the different experiences that each method can offer. There were 43 respondents who said that they have already tried booking travel arrangement via travel agency and 69 of them often use this method for their travels. On the other hand, 76 of the respondents said that they are familiar with do-it-yourself (DIY) travel booking and 65 of them have already experience booking independently.
The respondents are equally positive about booking independently and via a travel agency, which is evident in the result in Table 2 that 79 and 73 of the respondents have not encountered problems in booking via travel agency and independently, respectively. In terms of independent booking, there were 55 respondents who said that they prefer the use of websites like booking.com and Travelocity in booking flights. Moreover, 54 percent of the respondents said that they don’t have doubts about when booking independently using websites like Trivago, Skyscanner, Expedia and etc. In terms of cost, there were 76 respondents who agree that travel agency booking costs more than booking independently. Eighty percent of the respondents also said that they would rather make their own travel arrangements. With the preceding values, it can be inferred that the respondents prefer independent booking over travel agency.
However, 78 percent of the respondents also believe that travel agencies can fulfill their travel plans. There is also 68 percent agreement that they prefer to talk to a travel agent personally.
In terms of preparing for their travel, 95 percent of the respondents said that they research to come up with their travel plan. Moreover, majority or 65 percent also consider other people’s beliefs when it comes to choosing the means of travel booking. Hence, personal experience of peers also plays a vital role in coming up with a preferred method of booking.
Mean t Value Sig. (p-value) Interpretation
Travel Agency 2.76 -6.196 <0.005 Independent booking is preferred over travel agency booking.
Independent 3.71 Table 3. t-Test Results for Comparing Travel Agency and Independent Booking
In order to determine a more preferred booking method, the researchers came up with scoring for a travel agency and independent booking. Answers to Questions 1,3,10,13, and 14 are used to have a respondent’s score for travel agency while Questions 2,4,5,8,9, and 12 are used for the respondent’s score for independent booking. Table 3 shows the result of the Dependent Samples t-Test to compare the two groups of score. The p-value is found to be very small and less than 0.005. Thus, at 0.05 level of significance, it can be concluded that independent booking is preferred over travel agency booking since the mean score for independent booking (3.71) is greater than travel agency booking (2.76).
Factors Travel Agency (n=100) Independent (n=100)
Frequency Percentage Frequency Percentage
Availability of information – Physical Store 60 60% 40 40%
Information accessed through a portal 46 46% 54 54%
Through phone or email 53 53% 47 47%
Cost of travel arrangement Value for money 33 33% 67 67%
Ability to compare prices 43 43% 57 57%
Reasonable pricing of packages 42 42% 58 58%
Ease of transaction Manageability of details 51 51% 49 49%
Payment method options provided 51 51% 49 49%
Process transacted within a reasonable amount of time 58 58% 42 42%
Flexibility of travel arrangement Able to customize travel arrangement 35 35% 65 65%
Able to acquire more information 53 53% 47 47%
Ability to cancel reservations easily 47 47% 53 53%
Table 4. Factors in Choosing Travel Agency or Independent Booking
Table 4 presents the distribution of agreement of the respondents on the different factors that affect the choice between a travel agency and independent booking. In terms of availability of information, the dimensions of a physical store, information accessed through a portal, and through phone or email. On physical store, the travel agency is more preferred with 60%. For information accessed through a portal, independent booking is greater at 54% while for info through phone or email, travel is more preferred with 53 frequencies.
In terms of value for money, 67% said that they prefer independent booking. On ability to compare prices, independent booking is also preferred at 57%. Fifty-eight percent of the respondents also said that independent booking offers them reasonable pricing of packages.
Manageability of details received an almost equal preference by the respondents between a travel agency and independent booking. This is also the case for the provision of payment method options. However, in terms of process transacted being processed at a reasonable amount of time, 58% of the respondents preferred travel agency.
Sixty-five percent of the respondents preferred independent booking when it comes to being able to customize their travel arrangements. On acquisition of more information, 53 percent of the respondents deemed travel agency to be more preferable. On ease of canceling a reservation, 53 percent of the respondents agree that independent booking offer this option more easily.
Factors Mean t Value Sig. (p-value) Interpretation
Availability of Information AGE 1.4 -0.796 0.428 There is no significant difference.
IND 1.59 Cost of Travel Arrangement AGE 1.82 2.560 0.012 There is a significant difference.
IND 1.18 Ease of Transaction AGE 1.4 -0.763 0.447 There is no significant difference.
IND 1.6 Flexibility of travel arrangement AGE 1.65 1.208 0.230 There is no significant difference.
IND 1.35 Table 5. Comparison of Travel Agency and Independent Booking on the Different Choice Factors
Tests are used to compare the preference of the respondents between a travel agency and independent booking in terms of the four (4) factors in choosing a booking method. A 0.05 level of significance is used to compare the two methods. On the availability of information, the p-value is 0.428 which is greater than 0.05 so there is no significant difference between a travel agency and independent booking. On ease of transaction, the p-value of 0.447 is greater than 0.05 so there is also no significant difference between a travel agency and independent booking. Moreover, on the flexibility of travel arrangement, the p-value of 0.230 is greater than 0.05 so it is also concluded that there is no significant difference between a travel agency and independent booking. The only factor where the two methods have a significant difference is on the cost of travel arrangement. Since the mean for a travel agency is greater than independent booking in terms of availability of information, it is concluded that travel agency is more favorable for the respondents in terms of cost.
Chapter 5
Conclusion and Recommendation
Introduction
In this chapter the conclusion, recommendation and implication will be presented. This chapter will discuss what conclusion the researchers got in the data that was presented in the previous chapter. With recommendation, this will give some advice to future researchers on what they might add or need to focus on.
5.1 Conclusion
The researchers have concluded that the respondents which are millennials prefer independent travel booking over travel agency booking. In general independent travel, booking is more preferred by the respondents which answer the problem statement of this research by knowing their perspective for both booking methods. They believe that it would be much easier for them so since they have control of their time, fits their budget, and can be accessible through an online portal. In relation to the objectives of this research, the researchers have therefore identified the factors that affect their decision in choosing the preferred travel arrangement. Those factors identified by the researchers which they have used in the survey questionnaire are the following: accessibility of information, cost of travel arrangement, ease of transaction and flexibility of travel arrangements. In each of these factors the researchers have identified, respondents have different perspectives. Overall in each factor, it can be seen that mostly the respondents have chosen independent travel booking. But it also must be noted that there are some identified factors wherein travel agencies are more preferable. When analyzed thoroughly, it can be concluded that the costs of a travel arrangement are more favorable to the travel agency booking whereas respondents think that travel agencies are able to give them discounts. Since travel agencies get contracted rates, respondents think that the price they get is still lower than the published rate even if it already has a mark-up. Those factors are accessibility through email, a reasonable amount of time in processing and able to acquire more detailed information about the travel. In terms of accessibility, they believe that independent travel booking is accessible through an online portal like Trivago, Traveloka, Skyscanner and etc. For the possible constraints they believe they might encounter, respondents think that independent travel booking is more convenient for canceling travel-related reservations when encountering problems. Researchers have also identified that respondents did not encounter any problems when booking via the said two booking methods. In terms of the common beliefs that these millennial travelers have, their preference can easily be affected by the beliefs of their peers. They also think that travel agencies will be able to help them fulfill their travel plans. When it comes to costs they believe that Travel Agencies cost more than independently booking their flights. This may have been the outcome of this research since it focused on the working millennial travelers who are concerned with travels that can easily be achieved or fulfilled and costs of travel wherein they can make the most out of it.
5.2 Recommendation
The researchers would like to give a recommendation to the travelers who usually prefer travel agency as their travel booking arrangement and to those people who use independent travel booking. It is recommended for the travelers to always consider different options. Also to make sure that what they can get will satisfy their travel needs and affordable at the same time. In the results, it is said that they prefer travel agency than independent travel booking when it comes to affordability. This is the reason why those travelers that usually arrange their booking independently need to research more and find a reliable source. Since this research will serve to increase awareness and provide precaution in selecting booking preferences. It is also recommended that the travelers also to try both booking arrangements to weigh in which they truly prefer base on what they had experienced.
This study focuses on the millennials perspective in Travel Agency Booking and Independent Travel Booking. The researchers wish to recommend for the future studies to ask the side of respondents who traveled before domestically or internationally. For future researchers, it would be better if they will also study the perspectives of travelers other than the millennials. These travelers could be from the Generation X which are considered the ones older than millennials and generation Z which are the younger ones. Also, the number of respondents should be more than 100 to make it more powerful and solidify the results of the studies. It is also recommended to allot more time in doing this research and to talk about the new trend called joiners.
Survey Questionnaire
Dear Sir/Madam,
Good Day! We are the 3rd Year Tourism Management students from Far Eastern University-Manila who are currently taking up Tourism Research Methods and Techniques. We are currently conducting an s a survey regarding a comparative study between Travel Agency Booking and Independent Travel Booking based on a Millennials perspective. We humbly ask for your permission to be one of our respondents for this study. Thank You.
Sincerely,
Natividad, Kriza O.
Canlas, Beatriz Katrina T.
Guerrero, Maria Doris E.
Prado, Yvette Diane T.
Reyes, Ashley Rosedale B.
Name (optional): ____________________ Age: ___ Gender: F__ M__ Occupation: ___________
Monthly Income:
Below 10,000 10,000-20,000 21,000-30,000 31,000-40,000
Above 41,000
Part I. Please check the box that corresponds to your answer
Questions Yes No
Have you tried booking travel arrangements via Travel Agency?
Have you tried booking travel arrangements independently? Do you often book via travel agency? Are you familiar with DIY travels?
Have you experienced it on your own?
Have you encountered any problems in booking with the help of the Travel Agency?
Have you encountered any problems in booking independently?
Would rather do your own travel arrangements?
Do you prefer research when you plan your trip?
Do you think Travel Agencies costs more than independent travel booking?
Do you have doubts when booking independently using websites like Trivago, Skyscanner, Expedia and etc?
Do you prefer the use of websites like Booking.com and Travelocity in booking flights?
Do you think travel agencies will be able to help you fulfill your travel plans?
Do you prefer to talk to a travel agent personally?
Do you rely on other people’s beliefs when it comes to choosing the means of travel booking?
Part II: Travel Booking Factors
Among the 2 travel booking means, please choose ONE to where it is more applicable based on the given factors.
Factors Travel Agency Booking Independent Booking
Availability of information – Physical Store Information accessed through a portal Through phone or email Cost of travel arrangement Value for money Ability to compare prices Reasonable pricing of packages Ease of transaction Manageability of details Payment method options provided Process transacted within a reasonable amount of time Flexibility of travel arrangement Able to customize travel arrangement Able to acquire more information Ability to cancel reservations easily
Comments and Suggestions:
Literature Matrix
Name Objective 1 Objective 2 Objective 3 Objective 4
Ezeuduji (2014) Socio-demographic variables’ relationships in choosing between travel agencies and the internet for leisure travel arrangements: the case of South Africa To investigate the role of socio-demographic variables in influencing consumer behavior when making travel decisions, with specific reference to choosing between booking through a travel agent or online. This study made an interesting finding that unlike popular belief; the age
of travellers does not relate to choice of booking via the Internet or travel agent. However statistically
significant relationships were found between travellers? income level and race, on the one hand; and
booking domestic flights online or through a travel agent, Peng, Xu and Chen (2013) Tourist Behaviors in Online Booking Online travel booking has been adopted by an increasing number of tourists. Proposes a new research agenda for tourist behaviors in online booking, and recommends empirical methods for future research. The study not only provides a comprehensive understanding of consumer behavior for the tourism marketers. Zare (2013) Changes and challenges of traditional travel agencies in transition to the e-tourism world, case of Malaysian travel agencies Internet has profoundly transformed tourism industry and challenged the traditional value proposition of travel agencies. Traditional travel agencies are struggling to stay relevant through any possible way .They are also under the pressure by the travel providers who try to access the customers directly and bypass these traditional intermediaries (disintermediation theory) Therefore the traditional agencies need to re-intermediate themselves as soon as possible before getting disintermediated. This study investigates the impact of Information Communication Technology (ICT) and the internet in particular, to find the changes that have been affecting the traditional distribution channels and made the travel agencies vulnerable to the growth of internet .Thomas Mayr and Andreas H. Zins (2012) Acceptance of Online VS. Traditional travel Agencies Focused primarily on discovering factors affecting either the benefits and service quality of traditional travel agencies or those of online booking facilities.
This study tries to broaden the scope by investi-. gating multiple distribution channel options. It considers different concepts covered by the SERVQUAL instrument, the technology acceptance model, thee-service quality approach and price perceptions as potential value drivers for different travel distribution channels.
Ng, Eric and Cassidy, Frances and Brown, Les (2006) Exploring the major factors influencing consumer selection of travel agencies in a regional setting. Consumers can now access online bookings for airlines, accommodation, transportation, sightseeing tours and other related products so why do they still go to travel agencies for reservations? This paper identifies the attributes which consumer seek in a travel agency or consultant and determines the relative importance of these in their selection process. There are 12 significant attributes impacting on consumer selection and of these, the most important were firstly, the knowledge and experience of consultants and secondly the helpfulness and friendliness of consultants. Zu-Hsu Lee and Kuangnen Cheng (2009) Predictors of customer preference for online versus offline air travel booking Airlines increasingly use their own websites to sell products directly to customers. Because internet-based distribution is low-cost, this means lower prices for the customer. To compete with such sales channels, global distribution systems (GDS) firms have made ready-made online booking tools available for conventional walk-in travel agencies. This presents such agencies with a choice- to use online or more traditional offline methods in dealing with their customers. Travel agent vs internet: What influences travel
consumer choices?
Jo Cheyne Mary Downes and Stephen Legg
Received June 2005 Travel Agency is the medium between the suppliers and the consumers, but with the advancement of the technology through the internet the consumers are can have a direct contact with the suppliers. This cause the travel agency to loose its function. The paper examines the factors that influence the choices of the consumers between a travel agency or the internet when planning ang arranging their holidays. Online vs. Traditional Travel Agency: What influence travel consumers’ choices?
Xianyun Gao
Teresia Rajala May, 2013
The tourism industry is constantly growing. It has provided millions of people worldwide with jobs and careers opportunities and it has been shown in many studies that people travel much more these days than ever before (Doswell, 1997, p. 4-5). Furthermore, the entry and rise of Internet and the e-commerce have made it possible for today’s generation to book their trip online. However, there exist some doubts among many researchers of whether the survival and the growth of traditional travel agency have been threatened by the upcoming of online retailer.
Exploring Internet Influence towards Travel Satisfaction
Jason M. S. Lama, Seng Huat Tanb, Yit Leng Ohc
2013
This exploratory research has been developed to explore the international tourists’ satisfaction of an overseas travel experience by the influence of internet. In this study, four independent variables, namely “functional benefits”, “complexibility”, “perceived risks” and “costs” were being employed to determine the satisfaction level of 211 international tourists who were visiting. The research findings by multiple linear regression and logistic regression have indicated that all variables were significantly influencing their satisfaction except perceived risks. Young People as a Customer Segment for Travel Agency Services
Jelizaveta Kozlova2014
The aim of this thesis was to find out, and gain a better understanding of the main factors affecting the travel planning process of young people. The thesis was conducted in order to attract the segment to use of travel agencies and improve the travel company’ services for this specific group of customers. After the final research, the main goal was to find out all the wants and needs, and to understand the travel planning habits of the internet generation to be able to produce the right product for the right customer.
Exploring the major factors influencing consumer selection of travel agencies in a regional setting
Dr Eric Ng
Frances Cassidy
Les Brown
2006
The research reported in this paper explores why consumers choose to book their travel arrangements with travel agencies in regional settings. Consumers can now access on-line bookings for airlines, accommodation, transportation, sightseeing tours and other related products so why do they still go to travel agencies for reservations? This paper identifies the attributes which consumers seek in a travel agency or consultant and determines the relative importance of these in their selection process. The research was conducted in two stages. The first stage was a series of in-depth interviews with 10 travel agency users and three travel consultants. The second stage was a mail-out survey of 400 users of travel agencies in the Darling Downs area of Queensland, Australia. Despite its regionality, the region is a significant consumer of travel with approximately eight agencies in the city of Toowoomba alone. The in- depth interviews highlighted the need to de-emphasize two particular agency attributes, i.e. agency promotion and adequate brochure provision from the research questions and replace these with parking and travel reward programs as factors worthy of investigation. Survey results revealed that there were 12 significant attributes impacting on consumer selection and of these, the most important were firstly, the knowledge and experience of consultants, and secondly, the helpfulness and friendliness of consultants. Of particular note was that these attributes related to the consultant and not the agency per se. Travel reward programs were seen as the least influential in this research.
Tour and Travel Website Beliefs in Influencing Users Satisfaction — Case Study: Malaysia
Puteri Fatin Nadia and Vera Pujani
October 5 2014
This research framework was developed based on theory planned behavior. This study is to examine the influences the enjoyment, self-efficacy and actual use towards the users satisfaction of e-travel website in Malaysia”. From a multistage data sampling among Malaysian customer of e-travel, a total of 105 questionnaires were returned and analyzed. The data was analyzed using SmartPLS and SPSS 16. The results revealed significant influences of enjoyment, self-efficacy and the actual use of web site on the users satisfaction of e-travel website. All variables moderated positively to the influence of customer satisfaction. The paper highlights its influence of each variables
Factors Affecting Travel Decision Making: A Study of the Credibility of Online Travel-related Information in Vietnam
Hoa?ng Thanh Nho?n*, Nguyê?n Kim Thu
11 July 2014
This study investigates the factors influencing consumer perception of credibility of online travel-related information on online communities, especially online social networks and, in turn the degree to which the perception of online information credibility affects trust and travel decision-making. Online and offline surveys of Vietnamese consumers were conducted with a total of 328 individuals responding to questionnaires regarding the determinants of consumer perceptions, online trust and the use of online information for travel decisions. The findings show that online social network (Facebook) use is widespread in travel information exchanges and the degree of perception of online information credibility by the consumer has a positive effect on trust, as well as on the travel decision of the consumer.
Seo, Y K (2017). The Effects of Perceived Value, Website Trust and Hotel Trust on Online Hotel Booking Intention. Sustainability 2017. pp. 1-14 This research focused on the trust of individuals towards online booking sites and hotel booking. The results shows that individuals tend to confirm their booking when they think their perceived value will be satisfied. It is also said in the research that the tend to be affected by online reviews and their trust towards the hotel affects their decision of choosing. Ng, E. , Cassidy, F. ; Brown, L. (2009). An Exploratory study on consumer travel agency information souces: An Australian Regional Analysis. pp. 1-28 This research is about why some consumers still prefer to seek assistance with travel arrangements despite the rise of online booking websites. This will also discuss the reasons why the consumers have chosen this particular agency they prefer. The study was done in Queensland, Australia which makes it only limited or focused to that specific area. This research will also reveal how travel shows are able to influence their preference in terms of acquiring information about their travel.
Kamsin, A. ; Kin, C.S. (2005). The Study on Online Booking among Young Malaysian. Proceeding of International Conference on E-Commerce 2005. 15-21 This is about survey conducted to undergraduate students from the University Malaya in Malaysia. This will discuss their views about the pros and cons when it comes to online booking and explain the reasons why they have arrived with that kind of response.
Monga, N. ; Kaplash, S. (2016). To study consumer behavior while booking hotel through online sites. International Journal of Research in Economics and Social Sciences. Volume 6, Issue 5. 158-164 This research was conducted by two professors from Lovely Professional University in Punjab India. The paper will discuss what drives a person to book their travel needs like accommodation online through intermediary websites. Those intermediary websites can let consumers compare the prices of different hotels, airfares, attractions and etc.
Ezeuduji (2014) Socio-demographic variables’ relationships in choosing between travel agencies and the internet for leisure travel arrangements: the case of South Africa To investigate the role of socio-demographic variables in influencing consumer behavior when making travel decisions, with specific reference to choosing between booking through a travel agent or online. This study made an interesting finding that unlike popular belief; the age
of travellers does not relate to choice of booking via the Internet or travel agent. However statistically
significant relationships were found between travellers? income level and race, on the one hand; and
booking domestic flights online or through a travel agent, Traveler trends and motivation
Trip advisor
(TripBarometer 2016) This article doesn’t literary tell which of the two would the consumers prefer, but it shows the kind of traveler who would choose travel agency or prefer independent booking. Most of the solo traveler would prefer to do some research and book directly on some airlines, while Value seeker, luxury travelers, and social travel will do some research and go to some online travel agency or operator. Ourdom Kem, Flavien Balbo, Antoine Zimmermann (2017)
Traveler-oriented advance traveler information system based on discovery and exploitation of resources: potentials and challenges. In this study they stated that completeness of information as well as other sources and assistance means to reduce the traveler’s effort and save some time in searching about travel supports from various sites. Youngbin Yim, Asad J. Khattak, Jeremey Raw (2004)
Traveler’s response to new dynamic information sources: analyzing corridor and area-wide behavioral surveys. This study shows that traveler prefer to access accurate and reliable sources of information it also says that some individuals are more likely to pay to receive a specific sources about travel information just for them to save more time. Peter Belenky (2011)
The value of travel time savings: departmental guidance for conducting economic evaluations. Peter Belenky stated that travelers will vary widely in willingness to pay just to shorten the time during in a situation that they are likely uncomfortable and also reliability since some travelers are leaving early and sacrificing an amount of time at the origin to insure against more delay arriving in his/her destination. Cristina Ressel (2016)
How millennial consumers have increased the demand for luxury brand. This study stated that when consumers are availing a product or services they are most likely need to believe that purchasing that service or product will enable him or her to achieve the overall goals he or she seeks to satisfy.
Meriç Cem (2013)
Decision making through online reviews: critical factors for travelers of selecting a destination before travelling. The study tells that some travelers assumes that the more they continuously looking for the information that they needed the more it improves the quality of their choices. But in some point it may be harder since consumers have limited access or resources in some information. Traveler trends and motivation
Trip advisor
(TripBarometer 2016) This article doesn’t literary tell which of the two would the consumers prefer, but it shows the kind of traveler who would choose travel agency or prefer independent booking. Most of the solo traveler would prefer to do some research and book directly on some airlines, while Value seeker, luxury travelers, and social travel will do some research and go to some online travel agency or operator. Bogdanovych, A., Berger, H., Simoff, S., Sierra, C. Travel Agents vs Online Booking: Tackling the shortcomings of nowadays online tourism portals. pp. 1-12 This study discusses about why people still rely on the traditional way of booking which is the travel agency rather than online booking method. It is said that experiences of people with those said booking methods affects their future choices when it comes to this matter. The study suggests that the internet should be combined with convenience of simplified decision making and collaborative booking from traditional TAs. It also suggests that Travel agencts should help online customers in choosing the best deal under a given constraint and provide efficient support. Terblanche, N. S., (2015) Selection of travel agents for service: A study of benefits for customers . The Business and Management Review, Volume 7 Number 1. 457-467 This will deepen the understanding of the benefits customers perceive when they book through a travel agency. This will also contain interviews from real time travel agencies. It is revealed in the study people still prefer travel agencies since they believe in the expertise, financial and support benefits that TAs offer them.
Tugulea, O., Bobalea, C., Maha, A. , Maha, L.G. (2014) Using Internet And Travel Agencies in planning a trip. A qualitative research. CES Working Papers. Volume VI , Issue 1. 181-200 This study is mainly focused on young travellers and the process of how they plan their travel or trip. It also used a qualitative type of research. This will also study about the perceptions of these young travellers when it comes to Travel Agencies and Online booking method.
Ferreira, D., Perks, S., Oosthuzien, N. (2016). Travellers’ perspective of travel constraints and travel booking channel preferences. African Journal of Hospitality, Tourism And Leisure. Vol.5(4). 1-23 This research will discuss about the constraints travellers may encounter whenever they book for their travel arrangements. In this study there are different constraints identified and these are: personal, work and accessibility. It is also stated that online booking channels was more preferred in this study. Exedia.Inc and Egencia. (2013) The Future of Travel Executive Summary. 1-8 Expedia is an online booking site that allows potential travellers to book hotel accommodation, airline tickets and etc. In the study made by them, they would want to make sure that everything that is on their website accurately represents what they offer. It is also stated in the study that with the kind of ease these booking websites offer, millennials are more inclined to use this kind of booking method. Monga, N. ; Kaplash, S. (2016). To study consumer behavior while booking hotel through online sites. International Journal of Research in Economics and Social Sciences. Volume 6, Issue 5. 158-164 This research was conducted by two professors from Lovely Professional University in Punjab India. The paper will discuss what drives a person to book their travel needs like accommodation online through intermediary websites. Those intermediary websites can let consumers compare the prices of different hotels, airfares, attractions and etc. Crnojevac, I.H., Gugic, J., Karlovcan, S., (2010). eTourism: A comparison of Online and Offline Bookings and the Importance of Hotel Attributes. JIOS, Vol. 34, No.1. 41-54 This refers to the attitude when guests book their hotel accommodation through online and offline booking. This will also present how the helpful and useful the internet is when searching for needed information about the matter. The booking methods are also influenced by the demographics and travel characteristics of the traveller. Bibliography
BIBLIOGRAPHY (n.d.). Retrieved from European Agency: https://www.european-agecny.org/news
PHILIPPINES GEARS UP FOR A STRONGER TOURISM INDUSTRY. (2017). Retrieved from Tourism Promotions Board: http://tpb.gov.ph/whats-new/2017/10/philippines-gears-up-for-a-stronger-tourism-industry/
Baghdadi, I. (2013). Online Booking: An oppurtinity or athreat to retail travel agents?
Belenky, P. (2011). the vaue of travel time savings: departmental guidance for conducting economic evaluations.
Bogdanovych, A., Berger, H., Simoff, S., ; Sierra, C. (2005). Travel Agents vs. Online Booking: Tackling the Shortcomings of Nowadays Online Tourism Portals.
Carnegie, D. (2017, June 13). Retaining Millennials: Develop Them Now or Watch Them Go. Retrieved from Dale Carnegie Training: https://edmonton.dale-carnegie.ca/blog/main/retaining-millennials-develop-them-now-or-watch-them-go/
Carneiro, M. J., ; Crompton, J. L. (2009). The Influence of Involvement, Familiarity,and Constraints on the Search forInformation about Destinations. Journal of Travel Research OnlineFirst.
Carson, D., Gilmore, A., Perry, C., ; Gronhaug, K. (2001). Qualitative Marketing Research. In D. Carson, A. Gilmore, C. Perry, ; K. Gronhaug, Qualitative Marketing Research (p. 8).
Cem, M. (n.d.). Decision making through nline revies: critical factors for travelers of selecting a destination before traveling.
Cheng, Z.-H. L. (2009). Predictors of customer preference for online versus offline air travel booking .
Creswell, J. (2002). Educational research: Planning, conducting, and evaluating Quantitative and Qualitative research. Upper Saddle River, NJ.
Creswell, J. W. (2003). RESEARCH DESIGN Qualitative, Quantitative, and Mixed Method Research. In J. W. Creswell, RESEARCH DESIGN Qualitative, Quantitative, and Mixed Method Research (p. 153). Sage Publications, Inc.
Crnojevac, I. H., Gugic, J., ; Karlovcan, S. (2010). eTourism: A comparison of Online and Offline Bookings and the Importance of Hotel Attributes. Journal of Information and Organizational Sciences, 41-54.
Doswell, R. (1997). Tourism: How Effective Management Makes the Difference 1st Edition.
Eggert, A., ; Ulaga, W. (2002). Customer perceived value: a substitute for satisfaction in business markets? Journal of Business ; Industrial Marketing.
Elster, J. (2009). INTERPRETATION AND RATIONAL CHOICE. Rationality and Society.
Ezeuduji, I. O., ; de Jager, K. (2015). Socio-demographic variables? relationships in choosing between travel agencies and the Internet for leisure travel arrangements: the case of South Africa. African Journal of Hospitality, Tourism and Leisure.
Ferreira, D., Perks, S., ; Oosthuizen, N. (2016). Travellers’ perspectives of travel constraints and travel booking channel preferences. African Journal of Hospitality, Tourism and Leisure.
Gilbert, D., & Hudson, S. (2000). TOURISM DEMAND CONSTRAINTS: A skiing participation. Annals of Tourism Research.
Gupta, S., & Kim, H. (2009). A comparison of pruchase decision calculus between potential and repeat customers of an online store. 477-487.
Gupta, S., & Kim, H.-W. (2010). Value?driven Internet shopping: The mental accounting theory perspective. Psychology & Marketing, 13-35.
Jackson, E. L. (1993). Recognizing patterns of leisure constraints: Results from alternative analyses. Journal of Leisure Research, 129-149.
King, D. R. (n.d.). Advanced Research Methods.
Knupfer, N. N., & McLellan, H. (n.d.). Descriptive Research methodologies. Research Methodologies in Educational Relations and Technology.
Lala Eusebio. (2014). Conceptual Framework and Paradigm of the study.
Lani, D. J. (n.d.). Retrieved from statisticssolutions.com: http://www.statisticssolutions.com/manova-analysis-paired-sample-t-test/
Levin, J., & Milgrom, P. (2004). Introduction to Choice Theory.
Main, D. (2017, September 8). Who are the Millennials? Retrieved from Live Science: https://amp.livesciene.com/38061-millennials-generation-y.html
Moncur, J. M. (1980). The demand for travel cost.
Ng, E., Cassidy, F., & Brown, L. (n.d.). An exploratory study on consumer travel agency information sources: An Australian regional analysis. 1-8.
Oana Tugulea, C. B.-G. (2014). Using Internet and Travel Agencies in Planning a Trip: A Qualitative Approach.
Oana Tugulea, C. B.-G. (2014). Using Internet and Travel Agencies in Planning a Trip: A Qualitative Approach.
Organization, W. T. (1995). Collection of Tourism Expenditure Statistics.
Page, S., & Hall, C. M. (2003). Managing Urban Tourism.
Patricea Bertea, O. M. (2003). Percieved risk, price, and online travel agencies: does price always matter?
Peng, H., Xu, X., & Chen, W. (2013). Tourist Behaviors in Online Booking: A New Research Agenda. Communications in Information Science and Management Engineering .
Ressel, C. (2016). how millennial consumers have increased the demand for luxury.
Saunders, M. N., Lewis, P., & Thornhil, A. (2012). Research Methods for Business Students” 6th edition, Pearson Education Limited.
Seo, Y. K., Jong, U. K., & Sang, C. P. (2017). The Effects of Perceived Value, Website Trust and Hotel Trust on Online Booking Intention. Sustainability, 1-14.
Terblanche, N. S. (2015). Selection of travel agents for service: A studyof benefits for customers. The Business and Management Review, Volume 7 Number 1, 457-467.
Thomas Cook History. (n.d.). Retrieved from Thomas Cook Key Dates: https://www.thomascook.com/thomas-cook-history/
Tugulea, O., Bobalca, C., Maha, A., & Maha, L.-G. (2014). Using Internet and Travel Agencies in Planning a Trip. A Qualitative Approach. CES Working Papers – Volume VI, Issue 1, 181-200.
Von Neumann, J., & Morgenstern, O. (2007). Theory of Games and Economic Behavior.
Williams, C. (2007 ). Research Methods. Journal of Business & Economic Research, 10-43.
Wilson, E., & Little, D. E. (2008). The Solo Female Travel Experience: Exploring the ‘Geography of Women’s Fear’. Current Issues in Tourism, 167-186.
Wittek, R. (2013). Rational Choice Theory. In: Theory in Social and Cultural Anthropology: An Encyclopedia. Edited by R. Jon McGee and Richard L. Warms.
Zhang, W. (2009). The motivations, constraints and decision-making of Beijing outbound tourists.
Zins, T. M. (2012). Acceptance of online vs Traditional travel agencies.