DMC Evolution

By rosyjmg

  • Beginning

    Creation of “Ground handler”. These were companies that offered basic services.

  • DMC was coined in EUA

    The term DMC was coined and these were able to custom parties or specific events as it was an expert company.

  • Coming of age

    During the economic boom, DMC’s had their expansion as they had a bigger role in the travel industry.
  • Period: to

    Recession

    A lot of DMCs appeared, so the competition was bigger and even companies like hotels were offering services like a DMC.

  • Consolidation

    Only the strongest companies survived and the face of destination management changed.
  • Period: to

    Globalization on the rise

    Nowadays everything has changed and the travel industry has improved since people prefer to work with more than one DMC.

  • Financial crisis

    GDPS- A lot of companies struggled to stay afloat.