AltexSoft Travel

MARCH 23, 2022

For the record, the business developed into a global company operating its airline and dealing with multi-million revenue streams, went through a compulsory liquidation in 2019, and was relaunched as an online-only travel agency in 2020. In most cases, tour operators book travel services from external suppliers.

Booking 52

Booking Technology Technology Travel Agent 52

AltexSoft Travel

APRIL 16, 2021

We already have a detailed guide on IATA accreditation that is a good explainer of all the main concepts and parties in the travel agency accreditation process. In contrast, there’s also an article about booking and ticketing for non-IATA agencies which describes other ways to sell flights. Airline sales summary 2019, source: ARC.

Airlines 115

Airlines Travel Agent Certification Booking 115

AltexSoft Travel

SEPTEMBER 16, 2020

In 2020, the travel industry found itself among the sectors hardest hit by COVID-19. American Society of Travel Advisors (ASTA) reported a 75-percent cut in revenue across travel agencies versus 2019. As a travel agent you want to run your business, but you need resources that you can’t afford alone.

Affiliate 111

Affiliate Travel Agent Travel Travel 111

AltexSoft Travel

MARCH 13, 2020

Flight consolidators are brokers that book airline seats in bulk at discount rates and then resell them to travel agencies. Consolidators pass on net fares to travel agencies, charging a premium on top of each seat. In any case, travel agents get a good margin to earn money. Booking engines out of the box.

Airlines 113

Airlines Travel Agent Publishing B2B 113

AltexSoft Travel

DECEMBER 10, 2019

The innovation cost American Airlines a whopping $40 million (nearly $348 million in 2019 prices) and took 400 man-years to prepare functional requirements, write program specifications, and complete coding. The DCS interacts with the airline reservation system to confirm and update information on passengers and bookings.

Airlines 18

Airlines eCommerce Certification Automation 18

AltexSoft Travel

AUGUST 26, 2020

About half of all hotel bookings happens indirectly, meaning that travelers book rooms at Booking.com, Expedia, Orbitz, and other online travel agencies (OTAs). So, where do these bookings come from? It originated from the airline industry and slowly tried to capture adjacent travel segments. Hotel booking.

Booking 85

Booking Management Banking Contracts 85