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Cultivating Collaborations with DMCs to Drive International Luxury Travel

DCI

2022 NTTW: The Future of Travel from U.S. Travel on Vimeo. Tourism boards are learning new lessons left and right, but a big one to put at the top of the list involves the international travel trade and, more specifically, converting business from the international luxury travel market. Know Your DMCs. In the U.S.

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12 Important Do’s and Don’ts of Business Travel Management

Hotel Engine

Whether you oversee travel management for 5 or 5000, now is a great time to set up new guidelines for communication, reiterate the company travel policies, and streamline your workflow. The return to travel in 2021 has been immense as nearly 500 million U.S. Keep it simple and easy to follow so your travelers adhere to it.

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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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ChatGPT Implementation in Travel: Unleashing the Potential of GPT Models in Real-World Projects

AltexSoft Travel

Large language models and transformers in a nutshell Language models , types of machine learning models, are trained to anticipate the likelihood of a word sequence. This attribute makes them parallelizable, accelerating the training process and enhancing efficiency. Transformer architecture.

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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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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 Chargebacks fraud.

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