{"id":83,"date":"2022-11-02T10:09:00","date_gmt":"2022-11-02T10:09:00","guid":{"rendered":"https:\/\/traveladvances.com\/blog\/?p=83"},"modified":"2023-10-16T13:02:29","modified_gmt":"2023-10-16T13:02:29","slug":"traveladvances-com-the-business-case","status":"publish","type":"post","link":"https:\/\/traveladvances.com\/blog\/2022\/11\/02\/traveladvances-com-the-business-case\/","title":{"rendered":"TRAVELADVANCES.COM: The Business Case"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"83\" class=\"elementor elementor-83\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4e0b0f10 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4e0b0f10\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-27a58ac\" data-id=\"27a58ac\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-5506909d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5506909d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-75bd2c32\" data-id=\"75bd2c32\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-55132338 elementor-invisible elementor-widget elementor-widget-elementskit-heading\" data-id=\"55132338\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"elementskit-heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"ekit-wid-con\" ><div class=\"ekit-heading elementskit-section-title-wraper text_left   ekit_heading_tablet-   ekit_heading_mobile-\"><h1 class=\"ekit-heading--title elementskit-section-title \"><span><span>TRAVELADVANCES.COM<\/span><\/span><\/h1><h3 class=\"ekit-heading--subtitle elementskit-section-subtitle  elementskit-style-border\">\n\t\t\t\t\t\tThe Business Case\n\t\t\t\t\t<\/h3><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-522b426d\" data-id=\"522b426d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-79453855 elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"79453855\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.16.0 - 20-09-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>The online travel market is set to grow to $1.8T by 2028 and the fact that 87% of the world utilizes a smartphone, we believe that TRAVELADVANCES.COM will be to travel as Amazon is to retail.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-26528cec elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"26528cec\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-69f0059a\" data-id=\"69f0059a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-147141b3 elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"147141b3\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h4>Market Opportunity<\/h4><p>In 2021, the global online travel market was worth approximately $354 billion, and is set to grow to $1.8 trillion by 2028, when you combine this travel fact with the estimated 4.9 billion people who use social media across the world, TRAVELADVANCES.COM is the first integrated travel social media platform to target millennials and travel enthusiasts.<\/p><p>Millennials represent 26% of the global population and travel more than any other generation. Millennials include families, students, and business travellers. \u00a058 percent travel with friends and 40 percent will travel in the next 12 months. Millennials are open minded and motivated by unique itineraries and new experiences.<\/p><p>\u201cWhen you look at the above facts TRAVELADVANCES.COM is a unique business model which I predict will experience explosive growth,\u201d says William Cafferata, CEO of TRAVELADVANCES.COM \u201cCombining the online travel market with social media is the next big idea\u201d.<\/p><h4>TRAVELADVANCES.COM Combines Travel with Social Media<\/h4><p>The number of social media users worldwide has increased to 4.9 billion people and is expected to grow to 5.8 billion users by 2027, with the average user spreading their digital footprint to over 6 platforms a month.<\/p><p>Combine the above facts with that there are more than 10 million travel-related hashtags which are searched every week and that 72 percent of travellers post photos on social media, TRAVELADVANCES.COM fills a white space in people\u2019s lives.<\/p><p>\u201cIt\u2019s amazing that no other platform currently exists that combines social media with travel,\u201d says Daniel Cafferata, COO of TRAVELADVANCES.COM. \u201cWe are the first to offer users exactly what they are crying out for.\u201d<\/p><h4>TRAVELADVANCES.COM Business Model<\/h4><p>TRAVELADVANCES.COM has 4 vertical lines of business. Tommy Talk is a unique social media platform which allows you to post photo\u2019s, video, and talk to Tommy your AI Travel Companion.\u00a0\u00a0\u00a0 Travel 100 provides you with the top 100 breathtaking travel destinations. Travel Mates allows you to create unforgettable memories and make new friends and finally Travel Now Pay Later enables you to customize your travel plans without the hassle of upfront funding for your trip.<\/p><p>TRAVELADVANCES.COM\u2019S business model is unique and migrates from advertising dominant to commission based with recurring and predictable revenue streams.<\/p><h4>The Team Behind TRAVELADVANCES.COM<\/h4><p>Along with entrepreneur brothers William and Daniel Cafferata, the Board of Directors include Roger Thomson and Rakesh Mittal. Roger is Managing Director and Chief Operating Officer of Akinn Group and Vice Chairman of XALQ Bank. Roger brings with him extensive knowledge of the financial industry, having been a senior Financial Services Executive with HSBC Bank PLC.<\/p><p>Rakesh Mittal has 35 years of experience in technology consulting and business process outsourcing. Rakesh has managed IT and BPO businesses worldwide, led over 30 acquisitions and is presently on the board of Newt Global, an SAAS company. A Computer Science graduate of BITS, Pilani, Rakesh completed his executive management program from INSEAD.<\/p><p>For further information about partnering with <a href=\"http:\/\/TRAVELADVANCES.COM\">TRAVELADVANCES.COM<\/a>, make sure you get in contact with the team today by emailing <a href=\"mailto:info@traveladvances.com\">info@traveladvances.com<\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>TRAVELADVANCES.COM The Business Case The online travel market is set to grow to $1.8T by 2028 and the fact that 87% of the world utilizes a smartphone, we believe that TRAVELADVANCES.COM will be to travel as Amazon is to retail. Market Opportunity In 2021, the global online travel market was worth approximately $354 billion, and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":32,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-83","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/traveladvances.com\/blog\/wp-json\/wp\/v2\/posts\/83","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/traveladvances.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/traveladvances.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/traveladvances.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/traveladvances.com\/blog\/wp-json\/wp\/v2\/comments?post=83"}],"version-history":[{"count":20,"href":"https:\/\/traveladvances.com\/blog\/wp-json\/wp\/v2\/posts\/83\/revisions"}],"predecessor-version":[{"id":319,"href":"https:\/\/traveladvances.com\/blog\/wp-json\/wp\/v2\/posts\/83\/revisions\/319"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/traveladvances.com\/blog\/wp-json\/wp\/v2\/media\/32"}],"wp:attachment":[{"href":"https:\/\/traveladvances.com\/blog\/wp-json\/wp\/v2\/media?parent=83"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/traveladvances.com\/blog\/wp-json\/wp\/v2\/categories?post=83"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/traveladvances.com\/blog\/wp-json\/wp\/v2\/tags?post=83"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}