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Want to Save on Travel? It’s Not What You Think

When you want to save on travel you go on line and start hitting the popular travel sites, right? If you’re like most people, you will answer a resounding “yes”, with a zealots pride in getting your hard-earned discount on travel. Unfortunately, this is more a myth (I will stop short of saying scam) that so many people are taken by each day.

According to industry sources, over 2 million people each day overpay for travel accommodations when booking online. That’s because two companies, Expedia and Priceline own all the major travel sites you see advertised each day. Between them, they spend over $8 Billion a year in advertising convincing the travel public that they are independent sources and have the best prices. The fact is, their prices are over-inflated and 2 million people each day are their marketing victims.

The global travel and tourism business is a $7 Trillion a year industry, and the online travel sites like Expedia and Priceline have a vested interest in controlling the price discovery information. So when you login to save on travel expenses, chances are you are a marketing victim and don’t have access to the real cost of car rental and hotel pricing.

That’s not to say that online operators have not delivered discounts, they have…but only a fraction of the actual saving that are available. The next generation booking app to save on travel is emerging in the form of a social network marketing concept, and companies and individuals are cashing-in, big time!

Companies such as the start-up Glen Head Travel are guaranteeing up to 15% savings over the major online travel sites. That may not sound like a lot, but savings can often be a lot higher; and those who travel frequently can see the savings pile-up into the thousands. So the next time you log in to one of those nationally advertised travel sites, compare those rates (same dates, same hotel, same room, no black-out dates) to the new social network travel sites like Glen Head Travel and you will automatically save up 15% or more.

There is one catch to these new travel sites. You must sign-up and register. The good news is that registration is free and they won’t ask you for a credit card. These network operators are the next generation in travel booking and also offer Uber-like employment opportunities to members. At this rate, it remains to be seen if companies like Expedia and Priceline can withstand the revolution.

Timothy Kelly
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Timothy Kelly

Tim Kelly is the Founder of ForexTV. Since its inception in 2003, ForexTV has been a global leader in forex news and has expanded its news coverage to multiple industries. ForexTV is now one of the most recognized brands in global financial news. Mr. Kelly was also the creator and co-founder of 401kTV where he served as Managing Editor until April 2017.

Mr. Kelly is an expert in online marketing, search engine optimization, content development and content distribution. He has consulted some of the top brokerages, media companies and financial exchanges on online marketing and content management including: The New York Board of Trade, Chicago Board Options Exchange, International Business Times, Briefing.com, Bloomberg and Bridge Information Systems and 401kTV.

He continues to be a regular market analyst and writer for ForexTV.com. He holds a Series 3 and Series 34 CFTC registration and formerly was a Commodities Trading Advisor (CTA). Tim is also an expert and specialist in Ichimoku technical analysis. He was also a licensed Property & Casualty; Life, Accident & Health Insurance Producer in New York State.

In addition to writing about the financial markets, Mr. Kelly writes extensively about online marketing and content marketing.

Mr. Kelly attended Boston College where he studied English Literature and Economics, and also attended the University of Siena, Italy where he studied studio art.

Mr. Kelly has been a decades-long community volunteer in his hometown of Long Island where he established the community assistance foundation, Kelly's Heroes. He has also been a coach of Youth Lacrosse for over 10 years. Prior to volunteering in youth sports, Mr. Kelly was involved in the Inner City Scholarship program administered by the Archdiocese of New York.

Before creating ForexTV, Mr, Kelly was Sr. VP Global Marketing for Bridge Information Systems, the world’s second largest financial market data vendor. Prior to Bridge, Mr. Kelly was a team leader of Media at Bloomberg Financial Markets, where he created Bloomberg Personal Magazine with an initial circulation of over 7 million copies monthly.
Timothy Kelly
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