AltexSoft Travel

JUNE 25, 2022

This quarter [2021], as countries began to open up more from their COVID-19 lockdowns and travel and other leisure activities became more mainstream, fraudsters clearly made this industry a top target.”. The latest estimates by IATA show airlines alone lose a minimum of $1 billion annually because of payment fraud. Chargebacks fraud.

Travel 52

Travel Travel Insurance Airlines 52

AltexSoft Travel

SEPTEMBER 9, 2019

So here are the three main partnership solutions Expedia Group offers: Expedia Travel Agent Affiliate Program aka agent tools. Expedia TAAP: booking tools for travel retail agents. Through Expedia TAAP travel agents can book the following services: 600K+ accomodations. 500+ airlines.

Affiliate 52

Affiliate Travel Agent Travel Travel 52

Travel Daily Media

NOVEMBER 14, 2019

The newly consolidated company is now well-positioned, as the leader in its segment, to provide its 180,000 hotel partners globally with incremental, high-value bookings via the company’s portfolio of over 60,000 travel trade buyers, including retail travel agents, tour operators, airlines and points redemption schemes.

Travel 52

Travel Travel Automation Human Resources 52

Open Destinations

JANUARY 31, 2020

As a result, the last decade has brought about huge growth in the travel technology market. This has been reflected in a drastic change in the business operations of tour operators, DMCs and travel agents. To find and maintain success as a travel provider today , being on the cutting edge of technological trends is a must.

Technology 52

Technology Technology Trends Travel 52

AltexSoft Travel

JULY 30, 2020

Even before the pandemic, the industry was going through a crisis, so airlines fought hard to track down and close every loophole. Often created by travel agents and customers (both accidentally and not), these holes account for about 3 percent of the airline’s revenue. Airline revenue leakage. Space churning.

Airlines 124

Airlines Travel Agent Booking Management 124

AltexSoft Travel

JULY 14, 2022

Tour operators are travel companies that devise itineraries, create corresponding multi-component tour packages, sell them to travel agents or travelers, and make sure everything goes well from the start to the end of the trip, having full responsibility to the traveler. Tour operators: providing turn-key services.

Travel 105

Travel Travel Affiliate Booking 105

Travel Daily Media

JULY 31, 2019

The show is welcoming back exhibitors who have participated in the event for the last 15 years, such as Vietnam Airlines and Cambodia Ministry of Tourism. This year, more than 350 exhibitors and 30,000 visitors are expected, with 250 international buyers, 50 outbound Vietnamese buyers, and a record number of 40 hosted media.

Seminar 52

Seminar Tourism Tourism Human Resources 52

AltexSoft Travel

OCTOBER 22, 2020

A booking happens when you create a reservation on an airline Computer Reservation System (CRS) and get a booking reference number. To issue tickets for IATA airlines, you need official accreditation that grants you access to IATA’s payment processing mechanism, the Billing and Settlement Plan (BSP). Work with an airline consolidator.

Booking 69

Booking Travel Travel Travel Agent 69

AltexSoft Travel

MARCH 13, 2020

Flight consolidators are brokers that book airline seats in bulk at discount rates and then resell them to travel agencies. Airline consolidator business model: how it works. Most of the large consolidators appeared in the 1970-1980s when airlines had more seats than they could ever sell via travel retailers.

Airlines 113

Airlines Travel Agent Publishing B2B 113

AltexSoft Travel

JANUARY 19, 2021

Introduced to facilitate the exchange of booking information between airlines, PNRs have become an important component of the travel industry. The reservation data is transmitted to the airline’s central reservation system (CRS). Most airlines don’t run their own CRS. Why airlines need Super PNRs.

Travel Agent 78

Travel Agent Airlines Booking Regulations 78

AltexSoft Travel

SEPTEMBER 14, 2021

And before you ask if this comparison is even fair, consider how expectations for railway shopping were influenced by the way we purchase airline tickets. Airlines rely on their IT systems, investing in innovations to compete and survive. Airline technology, for example, spawned from one first booking system — Sabre.

Training 59

Training Booking Online Airlines 59

AltexSoft Travel

DECEMBER 10, 2019

In this article, we’ll discuss airline software suites, their major modules, and available modern solutions, created to change the current state of things for the better. Its mission is to keep operations running smoothly, and failures in its work can cost airlines tens of millions of dollars in lost revenue.

Airlines 18

Airlines eCommerce Certification Automation 18

AltexSoft Travel

JULY 24, 2023

To better understand the protection mechanism, let’s look into one of the possible flows where an online travel agency (OTA) uses a virtual credit card (VCC) to pay the room price to a hotel. Other vendors, from sightseeing tour companies to airlines to cruise lines, are also not big fans of VCCs — and for a reason.

B2B 52

B2B Travel Travel Banking 52

AltexSoft Travel

FEBRUARY 15, 2022

As a hotel, airline, OTA, or other company that works with travelers, you have to translate and customize all the elements of your digital product: Customer-facing content ( descriptions, landing pages, blog materials, FAQs and help desks , the “About us” section, terms and conditions, contacts, marketing and advertising materials etc.);

Website 52

Website Travel Travel SEO 52

AltexSoft Travel

JULY 20, 2020

In 2012, IATA revolutionized flight distribution connectivity by introducing New Distribution Capability (NDC) – a standard for displaying rich airline content on online travel websites. Payment processing automation. Before you tell hoteliers what they need to do, you first need to show them how. Source: HEDNA.

Airlines 52

Airlines Hospitality Booking Travel Agent 52

AltexSoft Travel

NOVEMBER 25, 2019

A bed bank (also called a wholesaler ) is a B2B company that purchases rooms from accommodation providers in a bulk at a discounted, static price for specific dates and sells them to OTAs, travel agents, airlines, or tour operators. Travel agents can book inventory via a booking website.

Banking 25

Banking Travel Agent Travel Travel 25

AltexSoft Travel

SEPTEMBER 3, 2020

They basically are distributors for hotels, airlines, and tour companies that profit by taking a fee for each sale. Airline and hotel distribution network. These industry players buy hotel rooms in bulk and sell them to OTAs, travel agents, or even airlines. Airlines via NDC connection. Here’s how it works.

Online 72

Online Travel Travel Airlines 72

AltexSoft Travel

AUGUST 26, 2020

It originated from the airline industry and slowly tried to capture adjacent travel segments. Global distribution systems gather data from multiple sources, create their APIs, and distribute them across travel agents and OTAs. If you are familiar with airline APIs , you may know how big GDSs are in that market.

Booking 85

Booking Management Banking Contracts 85

AltexSoft Travel

DECEMBER 23, 2019

In addition to major reasons like enormous debts and difficulties in operating airlines, its lack of online presence and reduced demand for tour packages caused the company to go downhill. So, for travel agencies, it’s quite difficult to stay afloat, unless they find some specific niche. Pretty impressive, isn’t it? Invisibility.

Online 23

Online Travel Travel Marketing 23