Remove Affiliate Remove Airlines Remove Contracts Remove Destination Management
article thumbnail

Experiential Travel Explained: Players, Distribution Landscape, and Opportunities

AltexSoft Travel

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
article thumbnail

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

Booking 52
article thumbnail

Travel Agency Inventory System: Main Sources and Management Aspects

AltexSoft Travel

For instance, if you sell flights, current seat availability will be stored in the airline’s reservation system , because this airline distributes flights across many resellers and… well, knows which seats are already booked and which are available. hotels or airlines) and reselling this access to distributors.