Online Travel Agencies, most commonly referred by its abbreviated form OTAs, have become very well-known in the hospitality industry. As end consumers search for “deals” for their travel plans, OTAs have positioned themselves as a source of demand.

Global tourist arrivals are expected to post a 4% CAGR over the 2014-2019 period driven by the Asia Pacific region. Global tourist arrivals are expected to reach 1.4 billion trips in 2019 from 899 million in 2009.

Sales of travel products are expected to record healthy growth over the 2014-2019 period at a 4% CAGR to reach US$2.7 trillion. Air is the leading category in travel, followed by hotels and other transport.

Booksor intends to offer an efficient, informative, and user-friendly website for leisure travellers to book reservations for their holiday vacations or business. Travellers will be able to easily make accommodation reservations, for a vast range of hotel rooms, condos, and vacation home properties, located in North America, Europe or Asia at very competitive rates. The service will also provide a more competitive distribution channel for hotels and resorts to make their accommodation products available to a targeted customer base. With the help of a strong customer service team, Booksor will greatly simplify the process of finding the most suitable accommodations for this more specialized traveller group, while providing hotels and other accommodation suppliers with a more cost effective distribution channel for their product.