Remove Affiliate Remove Banking Remove Contracts Remove Regulations
article thumbnail

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
article thumbnail

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

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Vacation Rental Management Company: Business Model and Growth Strategies Overview

AltexSoft Travel

Run affiliate or referral programs? Financial resources mean the money you need to launch and the sources you get investments from (bank loans, crowdfunding, grants, etc.). 70 percent of the 200 most popular cities for vacation rentals have hosting restrictions or certain regulations. Affiliate programs.

article thumbnail

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

AltexSoft Travel

Every industry has its own regulator – an authority that sets standards and improves the cooperation inside. Its main goal is to regulate distribution-related activities in airlines and commercial aviation such as fare calculations, revenue allocation, and baggage rules. The air travel industry is no exception.

article thumbnail

Travel Agency Inventory System: Main Sources and Management Aspects

AltexSoft Travel

Suppliers, their types, and underlying contracts define revenue management, technology, and a business niche that the agency targets. If you want to sell the rooms of a hotel next door, you can pay them a visit, sign a contract, and integrate directly with their property management system (PMS) and channel manager.

article thumbnail

Airline Loyalty Programs: Main Aspects, Types, and a Technological Perspective

AltexSoft Travel

Banks also have to buy it for cash – just to pay it out as a reward. And this is how airlines act similar to banks in the sense that they issue their own currency, control its flow and availability, as well as the availability and price of goods it can be spent on. Remember that 100k sign-in bonus for a co-branded credit card?