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Travel Agency Accreditation, Explained: IATA, IATAN, ARC, CLIA, and TRUE

AltexSoft Travel

To become an ARC-Accredited agency: Prepare the following documents: Travel agency license Confirmation of an established bank account with ARC A bond or a bank statement for $20,000. The application fee is $2,300, and the annual location fee is $228. TIDS is not available in the US, where this service is covered by IATAN.

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Experiential Travel Explained: Players, Distribution Landscape, and Opportunities

AltexSoft Travel

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. Inventory sourcing and distribution. The marketplaces often offer expert coaching to their suppliers (e.g.,

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

AltexSoft Travel

These include airline designator code for reservation, ticketing, scheduling, and documentation; a prefix code to classify passengers and cargo; a baggage tag issuer code to simplify baggage handling; and location code for easier package handling. Attach copies of all of the travel-business-related bank transactions for the past year.

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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. What’s cool about bed banks? Why bed banks are… bad. Who uses bed banks.

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