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Experiential Travel Explained: Players, Distribution Landscape, and Opportunities

AltexSoft Travel

In the last few years (and especially after the pandemic), travel trends have dramatically shifted and multiple studies prove it. If you run or plan to launch a travel business and want to capitalize on the experiential tourism trend, here are your options of how you can fit in. Reality must be experienced.

Travel 105
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Vacation Rental Management Company: Business Model and Growth Strategies Overview

AltexSoft Travel

The pandemic had severely hit the entire hospitality industry, but at the same time, it gave a boost to short-term property rentals, making them one of the main travel trends. Run affiliate or referral programs? Affiliate programs. Engaging affiliates is also a viable option to increase customer reach.

MICE professionals

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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.

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Event Budget Strategies: Where To Allocate Resources in 2024

Bizzaboo

In this article, we’ll explore key components of an event budget, trends impacting budgets, the most critical places to allocate event budget, and more. Trends Impacting Event Budgeting in 2024 As event planners gear up for 2024, several notable trends are reshaping the landscape of event budgeting. Let’s dive in!

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Corporate travel management companies: how to choose the best provider for business trips

AltexSoft Travel

However, in 2018 the mega TMC made a step towards midsize business and contracted for an online travel management tool Lola from the authors of KAYAK. affiliate program. Alongside general trends, you should consider the following details. Issues with booking changes (you need to contact an agent). Source: Capterra. TripActions.

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Online Travel Agency Analytics: Data-Driven Approach to the Best-Cost Strategy

AltexSoft Travel

Here you collect data about the most popular destinations, dates, traveler trends, and segments, etc. An OTA survives thanks to its exclusive contracts with suppliers. These are metrics for determining the most effective channels, adverts, metasearch engines, and conversion from them. Demand analytics. Revenue analytics.

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

AltexSoft Travel

Other changes concerned affiliate networks that gradually started involving more non-travel partners, and also the ownership aspect since FFPs were becoming a separate business unit. Connectivity with a partner network. Challenge addressed: Dynamic award charts and redemption options creation. Partner management.