Remove 2022 Remove Automation Remove Booking Remove Travel Agent
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Experiential Travel Explained: Players, Distribution Landscape, and Opportunities

AltexSoft Travel

In the last few years (and especially after the pandemic), travel trends have dramatically shifted and multiple studies prove it. TripAdvisor‘s “Travel in 2022: A Look Ahead” Report. Moreover, half of Gen Z respondents said they want to get out of their comfort zone and crave a sense of risk and excitement while traveling.

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Hotel Online Payments: How and Why to Transform Your Payment Process

AltexSoft Travel

But if you work in the hospitality business, you must have noticed that the way people book and pay for hotels has changed, especially since the start of the pandemic. Clunky websites have guests email or even call for information, availability updates are often manual, and check-ins and ancillary bookings also often happen only in person.

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MICE professionals

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

AltexSoft Travel

This brings convenience as customers can easily search for holiday destinations, book accommodations, and make payments online. 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 Fake online travel agency fraud.

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

AltexSoft Travel

The simplicity of the launch attracts even non-travel players: Over the past two years , a number of financial companies, retailers, and loyal clubs have presented their branded booking platforms. Plug-and-play platforms have many hidden limitations, preventing you from standing out in a saturated travel market.

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Virtual Credit Cards in Travel: How to Secure B2B Payments Between OTAs and Suppliers

AltexSoft Travel

To better understand the protection mechanism, let’s look into one of the possible flows where an online travel agency (OTA) uses a virtual credit card (VCC) to pay the room price to a hotel. A traveler books a room for two nights via OTA and provides credit card information to pay $100 for the stay.

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