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Experiential Travel Explained: Players, Distribution Landscape, and Opportunities

AltexSoft Travel

Destination management companies: contracting local experiences. They sometimes act as hotel wholesalers ( bed banks ), contracting allotments from local accommodation providers. Inventory is either sold directly to travelers or through resellers like OTAs and affiliate partners. Connectivity in the travel industry.

Travel 105
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How To Choose the Best Online Registration Software – The Ultimate Guide

Eventtia

An efficient system that doesn’t break the bank yet meets all your needs is the ideal. A customizable registration form is key, whether you need to know your attendees’ professional affiliations, areas of interest for workshop topics, or specific equipment they might bring to a session.

MICE professionals

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

AltexSoft Travel

GDSs , hotels/lodges/ alternative accommodation , airlines, bed banks , transfer providers/ car rentals , activity suppliers/ destination management companies , and so on. You should be able to handle multiple payment methods, including bank debit and credit cards, mobile payments, digital wallets, and even cryptocurrency.

Booking 52
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How to Get IATA Accreditation for Travel Business: Options and Steps to Take

AltexSoft Travel

Regardless of whether you have multiple agents or you are a solo operator, you must submit a business license or copies of any certifications, such as agent training courses. Attach copies of all of the travel-business-related bank transactions for the past year. Provide evidence of a bank account in the name of the company.

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Hotel Booking APIs: Wholesalers, Channel managers, and GDS

AltexSoft Travel

Connectivity with key bed banks that purchase rooms in bulk. Wholesalers or bed banks. 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. Sometimes, wholesalers do dynamic pricing , but this type of contract is uncommon.

Booking 85