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The Central Reservation System (CRS) market is a key component of the travel and tourism industry. It is a technology platform that enables travel companies to manage and distribute their inventory, such as hotel rooms, flights, and car rentals. CRSs provide a range of services, including booking, pricing, and availability management, as well as customer relationship management and marketing. They also enable travel companies to access a global network of suppliers, allowing them to offer customers a wide range of options.
CRSs are essential for travel companies to remain competitive in the market, as they provide access to a wide range of suppliers and enable them to manage their inventory more efficiently. They also allow travel companies to offer customers a more personalized experience, as they can tailor their offerings to meet their specific needs.
Some of the major companies in the CRS market include Sabre Corporation, Amadeus IT Group, Travelport, and Farelogix. Show Less Read more