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BLOG – TRAVEL TECHNOLOGY TRENDS 2020

Open Destinations

This has been reflected in a drastic change in the business operations of tour operators, DMCs and travel agents. To find and maintain success as a travel provider today , being on the cutting edge of technological trends is a must. This one is as much of a win for the traveller as it is for the provider.

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Airline Reporting Corporation: ARC Accreditation Options and Steps to Get It

AltexSoft Travel

Besides the ticket transaction settlement services, it also accredits travel agencies and provides access to the aggregated air transaction data. Airline sales summary 2019, source: ARC. In short, IATA’s role and range of responsibilities in the travel sector are much broader as it formulates the industry policy and standards.

Airlines 115
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ITE HCMC surpasses record with 350 exhibitors & 30,000 expected visitors for its 15th year

Travel Daily Media

This year, as a special feature in the 15th anniversary show, exhibitors will offer services such as better security for travellers and their transactions, better payment models for merchants and consumers, automation in hotels and resorts, as well as personalisation of the travel and hospitality experience. Insightful seminars.

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Travel Fraud Protection: Key Types of Travel Scam, Protective Measures, and Software to Consider

AltexSoft Travel

In 2019, the travel and hospitality industry accounted for a whopping 10.3 According to the 2022 Global Digital Fraud Trends Report conducted by TransUnion — an American consumer credit reporting agency — suspected digital fraud increased by 52.2 Key fraud victims: travel (and not only) companies of different size.

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How to Build a T&E Policy: Best Practices

Hotel Engine

In 2019, companies spent over $111.7 billion on business travel. Of course, the frequency of business travel has ebbed and flowed a bit since 2020 with the uncertainty of the pandemic, but one thing remains the same: Business travel expenses affect the bottom line. Automate Your Policy for Ease of Use.

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OTA Platform: How to Choose a White-Label Solution, and When to Go Custom

AltexSoft Travel

Online travel agencies landscape If you start an OTA from scratch, plan to get your existing offline business online, or think over a growth strategy, you need to know the current state of affairs in the market, consider the biggest players, and explore the latest trends. The channel share in US travel as of 2022.

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Airline Consolidators Overview: Their Role, Advantages, and Key Players

AltexSoft Travel

As a final chord, we outline the future of consolidators — based on the current trends. Most of the large consolidators appeared in the 1970-1980s when airlines had more seats than they could ever sell via travel retailers. Consolidators pass on net fares to travel agencies, charging a premium on top of each seat.

Airlines 113