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Travel Startups and Tourism Trends to Invest In

AltexSoft Travel

Severely struck by the coronavirus pandemic, the travel industry is slowly but steadily reaching its full potential. Shifts in travel patterns opened up new niches for startups, giving them a unique opportunity to harness the emerging trends and address important but so far unmet customer needs. Sustainable travel.

Trends 52
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IATA Explained: The Role of International Air Transport Association in the Aviation Industry

AltexSoft Travel

IATA or the International Air Transport Association is a global trade association of airlines (both freight and passenger carriers) that regulates the aviation industry by developing standards, procedures, and practices. As of today, its members are 290 airlines in 120 countries comprising around 82 percent of total air traffic.

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Travel Subscription as a Business Model

AltexSoft Travel

Needless to say, this trend creates immense business opportunities for companies from different sectors – travel included. And if we look at the traveler’s sentiment, another 2022 research has shown that a combined 87 percent of travel subscribers plan to increase (47 percent) or maintain (40 percent) their current travel subscription levels.

Travel 52
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Amadeus API Integration: Practice Guide on Getting the GDS Content

AltexSoft Travel

What differentiates a travel professional from a common person? The former would insist that Amadeus plays the first fiddle but in the travel tech. Madrid-based travel giant grows its business around two areas — the global distribution system (GDS) and IT solutions for automating travel processes. other travel APIs.