The travel market is a large and diverse market in the United states and Canada region. Marketers use segmentation to better understand customer needs and allocate marketing dollars effectively. The segmentation rests on extensive quantitative research focusing on large numbers of people and grouping them together based-upon shared characteristics such as demographics, behavioral patterns, or cognition ratings.
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Largely, there are two types of Segments in Travel Technology:
Active Segment
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Passive Segment
A passive segment is a segment entered in a GDS that does not result in a ticket being issued. There are three situations when passive segments are booked: