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BLOG – TRAVEL TECHNOLOGY TRENDS 2020

Open Destinations

As a result, the last decade has brought about huge growth in the travel technology market. 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.

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Airline Ticket Fraud and How Big Companies Avoid It

AltexSoft Travel

Last year, according to Amadeus research , almost 40 percent of all tickets were sold online. Between 2011 and 2020 tripled from $9.84 How online criminals commit fraud most often. What online companies can do to prevent fraud. Credit cards aren’t the only targets for online criminals. Billion in 2011 to $32.39

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Tour Operator Software: Itinerary Creator, Booking Engine, and Other Handy Technologies

AltexSoft Travel

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. What is a tour operator: definition, types, and challenges. Components of tour packages.

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Self-Service Technologies in Travel: End-to-End Solutions for Independent Travelers

AltexSoft Travel

To be fair, the idea of self-service travel is nothing new. Back then, self-service used to simply mean “without a travel agent”, and in 2020, with up to 80 percent of travelers booking directly online – it’s a norm. Self-service touchpoints on the traveler journey. Travel research and booking.

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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 percent in 2020 due to pandemic restrictions, in 2021, the industry saw a rise up to 6.1 And everyone knows that fraudsters won’t be far behind from where money is, especially when most transactions happen online. Fake online travel agency fraud.

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Central Reservation System for Hotels: CRS Functionality and Software Explained

AltexSoft Travel

At the time of global digitalization, 75 percent of all hotel bookings are made online. Among that, 40 percent of the reservations are made via Booking.com, 32 percent — via other aggregators, and 21 percent — through a hotel’s website. Nowadays there is a multitude of search engines and platforms to find accommodation.

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Host Travel Agencies: Why You Need Them and How to Choose the Best Option

AltexSoft Travel

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.

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