AltexSoft Travel

JULY 14, 2022

There are large, well-known companies (like TUI or Jet2holidays ) that even operate their own airlines or hotel chains, so that they not only source inventory from external travel suppliers, but use their own as well. Destination management companies: contracting local experiences. Real-world examples.

Travel 105

Travel Travel Affiliate Booking 105

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. Besides, a tour operator can own some of the package components, for example, run an airline or hotel.

Booking 52

Booking Technology Technology Travel Agent 52

AltexSoft Travel

FEBRUARY 10, 2020

At lower levels of expenses, it was a vain hope to negotiate bargain prices, perks, and commissions from airlines. More than that, many airlines offer discounts at much lower minimum spending requirements than a decade ago. So their key clients were large enterprises with multimillion budgets spent on corporate trips.

Management 116

Management Travel Travel Airlines 116

AltexSoft Travel

AUGUST 26, 2020

It originated from the airline industry and slowly tried to capture adjacent travel segments. If you are familiar with airline APIs , you may know how big GDSs are in that market. In this business model, a wholesaler (bed bank) contracts with a hotel for a period of time to sell a bulk of its rooms for a fixed price.

Booking 85

Booking Management Banking Contracts 85