AltexSoft Travel

MAY 20, 2022

A few years ago, Joe DeNardi, a Stifel analyst, published a sensational report that contained estimated values of some of the biggest US airlines’ loyalty programs. According to it, American Airlines’ AAdvantage was worth $37.6 All these impressive numbers unveil the hidden power behind airlines’ loyalty programs. Those include.

Airlines 52

Airlines Technology Technology Communications 52

AltexSoft Travel

NOVEMBER 21, 2021

Typically posted by airlines themselves, seat maps allow passengers to visually choose which seat would fit them better and where it’s positioned in relation to emergency exits, wings, or the toilet. So, seat selection is extremely important for passengers, airlines, and distributors such as OTAs. Ancillary sharing. User experience.

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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.

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AltexSoft Travel

SEPTEMBER 3, 2020

Online travel agencies are some of the youngest players in the travel market. Having worked with numerous travel businesses , we can tell that we know a thing or two about building and growing a successful online travel agency. What is the Online Travel Agency? Airline and hotel distribution network. How OTAs work.

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AltexSoft Travel

FEBRUARY 19, 2020

This also means that online travel platforms have an opportunity to affect the final decision if their proposition is very attractive. other: social media platforms, direct traffic. It could also reflect a lower online marketing activity. travel aggregators and metasearch engines. web adverts (Google AdWords). Conversion.

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MeetingsNet

OCTOBER 12, 2023

If finalized, a new FTC rule would mandate that online travel agencies and other booking channels do the same.

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AltexSoft Travel

APRIL 24, 2020

When IATA introduced New Distribution Capability (NDC) in 2015, airlines rejoiced. So four years later, ATPCO offered a solution – Next Generation Storefront or NGS – a new standard for airline data presentation. These tools together with an airline ancillaries aggregator Routehappy are boosting airline merchandising.

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AltexSoft Travel

FEBRUARY 10, 2020

At lower levels of expenses, it was a vain hope to negotiate bargain prices, perks, and commissions from airlines. More than that, many airlines offer discounts at much lower minimum spending requirements than a decade ago. With so many online booking platforms available, one may wonder: does a company really need external assistance?

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Travel Daily Media

SEPTEMBER 23, 2023

EaseMyTrip.com, one of India’s largest online travel tech platforms, introduces its specialised Corporate Travel Business division. Their state-of-the-art booking platform ensures real-time updates, immediate confirmations, and the flexibility to make changes on the go. The post EaseMyTrip launches Corporate Travel Solutions 2.0

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Travel Daily News

APRIL 2, 2023

The sharing economy has managed to create a new way of traveling, through online sharing platforms that facilitated direct transactions between ordinary citizens to share houses and cars, traditional foods and local information, enabling social interactions that connected tourists to the local community.

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Solimar International

DECEMBER 2, 2022

But the explosion of social media platforms between 2006 and 2010 connected individuals around the world like never before, paving the way for another industry upheaval under social media marketing. Airlines didn’t begin selling tickets online until 1994, and hotels followed a year later. Let’s rewind to 2004.

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Traveler's Q

MARCH 21, 2024

Contact hotels and airlines directly to discuss possibilities of bespoke packages or perks. Harnessing Technology: Booking Tools and Platforms In a world where corporate travel management is a critical component of event planning, leveraging cutting-edge technology platforms is indispensable for orchestrating successful corporate events.

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AltexSoft Travel

MAY 30, 2023

More than two-thirds of sales in travel and tourism are made via the Internet, and the share of online vs offline bookings will only grow in the coming years. So the ability to accept online payments is becoming vital for any travel business. We’ll also discuss key things and concepts to know when starting the integration project.

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AltexSoft Travel

FEBRUARY 22, 2021

The biggest challenge here is creating a standardized, universally accepted, and easily implemented way for travelers, airlines, and airport staff to use in their current workflow. According to ICAO , almost all airlines are already using Timatic. Users: airline and airport staff, physical travel agencies and agents.

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AltexSoft Travel

JULY 30, 2021

To meet the popular customer requirement “to fly from anywhere to anywhere” and reduce inconveniences associated with multi-leg journeys, airlines have no other alternative but to cooperate with each other. Key partnership frameworks in aviation were designed decades ago, in the era of large state-owned airlines and regulated fares.

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AltexSoft Travel

JANUARY 19, 2022

It means that people want to travel responsibly, so hotels, airlines, and tour companies have to keep up and satisfy their customers (and attract new ones). Sustainability in airline industry. Airlines implement fuel management systems to measure, analyze, and plan fuel expenditure. Here are some areas to focus on.

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AltexSoft Travel

FEBRUARY 9, 2023

Another survey, conducted by C+R Research, states that 60 percent of online shoppers have tried the BNPL service. Many big lenders come preconnected with major eCommerce platforms, point-of-sale providers, and payment gateways. Most BNPL lenders also have online portals to handle payments that you receive offline.

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AltexSoft Travel

MAY 8, 2020

A booking engine is the brains behind distributing travel products online. Without this software component, you can neither sell nor buy airline tickets or hotel reservations through the Internet. airline reservation systems ( ARSs ). How a travel booking engine works. Integrations with payment gateways.

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Travel Daily Media

AUGUST 3, 2023

Startup Showcase Participants & Groups: Advisor & Agency Tech HyperGuest – HyperGuest is a cutting-edge, end-to-end, technology platform that facilitates seamless direct connectivity between hotels and travel companies. It’s the first platform to integrate bookings, payments and commissions in a single place.

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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. But looking at the number of properties they sell online, there is still a large gap.” How a payment process with VCCs may look like.

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AltexSoft Travel

NOVEMBER 4, 2022

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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AltexSoft Travel

JANUARY 30, 2023

employees of a certain company, members of an airline frequent flyer program ); subscription (a member must opt-in, have access to the group with a password-protected login, and create a member profile); purchase of a certain product or service (e.g., HotelPlanner’s technology platform claims to increase revenue and reduce costs.

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AltexSoft Travel

SEPTEMBER 19, 2023

Internal systems — like a property management system (PMS) in hospitality, a passenger service system (PSS) used by airlines, or an OTA back office — are the backbone and the most relevant source of transaction details, booking histories, and inventory data for a travel business. geolocation, profiles, and feedback.

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AltexSoft Travel

AUGUST 18, 2021

Pricing in the airline industry is often compared to a brain game between carriers and passengers where each party pursues the best rates. How dynamic pricing in the airline industry works. OTAs and other travel platforms integrate this feature to attract more visitors looking for the best rates. Internal factors include.

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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. Watch our video detailing how online booking unfolds offscreen. The reservation data is transmitted to the airline’s central reservation system (CRS). Why airlines need Super PNRs.

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AltexSoft Travel

NOVEMBER 24, 2021

A leading global distribution system in North America, Sabre leverages the content from airlines, hotels, car rentals, and other travel suppliers across the world. Instead of connecting with thousands of vendors separately, an online booking platform can integrate with just one GDS — and tap into the almost exhaustless source of information.

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Business Traveler USA

SEPTEMBER 2, 2021

The carrier says it is the only airline that gives customers destination-specific travel requirements and the ability to upload country-specific entry forms, test results and vaccination records, all within the United App and on United.com. million such records have been submitted through United’s online platforms.

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AltexSoft Travel

JUNE 25, 2022

And everyone knows that fraudsters won’t be far behind from where money is, especially when most transactions happen online. This brings convenience as customers can easily search for holiday destinations, book accommodations, and make payments online. While this share decreased to 5.3 percent, which is about 5.7 trillion dollars.

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DCI

OCTOBER 18, 2022

Airline social media takeovers can highlight places your destination is connected to directly. Working with these brands is a powerful way to elevate your destination’s visibility by piggybacking on each other’s platforms. It’s easier to negotiate new airlift when you can prove travelers are actively searching your destination online.

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AltexSoft Travel

JUNE 21, 2022

In this article, we’ll mainly talk about the online travel agency (OTA) businesses and their operational model. Other types of information, such as hotel room descriptions, photos, and airline logos can be kept internally in the OTA’s database since they don’t change that often. Travel agency inventory basics. What is travel inventory?

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AltexSoft Travel

OCTOBER 24, 2020

Back then, self-service used to simply mean “without a travel agent”, and in 2020, with up to 80 percent of travelers booking directly online – it’s a norm. We suggest the following characteristics: Available in electronic format or online (being able to use e-tickets instead of paper ones).

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Travel Daily Media

SEPTEMBER 30, 2019

Challenged with the self-appointed task of revolutionising the way commission and incentives are managed by airlines and travel agents (TAs); Avian is a startup on a mission to drag the complex and convoluted process kicking and screaming into the future, with the application of some 21st-century smarts, deep data and machine learning.

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AltexSoft Travel

SEPTEMBER 16, 2020

“A host travel agency is an accelerator,” — explains the idea Ernesto Sigg Rodríguez, Chief Commercial Officer at Fitbooktravel , that provides technology consulting services for online travel businesses. “As The Airlines Reporting Corporation or ARC works only with US travel agents. ARC Agency Code Number.

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Interface Tourism Spain

MAY 30, 2022

Travellyze , ITG’s business intelligence platform, surveying more than 9,000 travelers around Europe, reinforces the idea that wellness tourism is seeing a surge. According to the platform, wellness is no longer solely for the well-off. airlines, hotels, etc) (35%) as well as online reviews sites such as TripAdvisor (33%). .

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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.

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AltexSoft Travel

NOVEMBER 8, 2019

Today, airlines still use third parties for their flight distribution. Travelers still stick to comprehensive booking platforms like OTAs and price aggregators. Until the 2000s, airlines managed to maintain direct relations with travel agencies via Computer Reservation Systems (CRSs).

Airlines 20

Airlines Retail Travel Agent Platform 20

AltexSoft Travel

MARCH 23, 2022

For the record, the business developed into a global company operating its airline and dealing with multi-million revenue streams, went through a compulsory liquidation in 2019, and was relaunched as an online-only travel agency in 2020. Another important part of tour package creation is pricing.

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