AltexSoft Travel

JANUARY 17, 2023

Property distribution – they build their own booking websites to drive direct reservations and create listings on various booking platforms (such as Airbnb, Vrbo, or Booking.com) and social media. While using Airbnb and other existing booking platforms as their distribution channels, they prioritize a wide set of management services.

Management 52

Management Automation Affiliate Website 52

Social Tables

JUNE 29, 2023

Operations managers negotiate prices, book vendors, place supply orders, and communicate vendor details between the planning team, venue, and benefiting organization. Donors can purchase event tickets through credit card payments, bank-to-bank direct deposits, and e-transfers with apps like Venmo and Apple Pay.

Event Planning 78

Event Planning Social Media Vendor Advertising 78

AltexSoft Travel

DECEMBER 30, 2022

The payment for a reservation made via OTA goes directly to the supplier — either at the time of booking or on check-in. After commissions are agreed upon, all that’s left to do for OTAs is track booking volumes and send invoices for their services. But in recent years, Booking.com increased the number of net-contracted bookings.

Contracts 52

Contracts Contracts Booking Airlines 52

Endless Events

JUNE 17, 2019

Turn your mics on, it’s time to explore meeting automation for events! We live in the golden age of automation. Mainly due to what this means in terms of jobs and employment, but we’re here to talk about the positive side of automation. Meeting automation can do wonders for any business in terms of organization.

Automation 230

Automation Meeting Events Registration 230

AltexSoft Travel

JULY 14, 2022

It can be anything from booking a homestay instead of a hotel to volunteering at the nearby field to attending a weekend flea market or a local yoga class – you get the idea. They sometimes act as hotel wholesalers ( bed banks ), contracting allotments from local accommodation providers. Inventory sourcing and distribution.

Travel 105

Travel Travel Affiliate Booking 105

Stova

MARCH 17, 2023

Event Automation Makes Events Easier 90% of event planning is research. Event automation" is the implementation of connected solutions to reduce manual event tasks and make managing meetings and events easier. Here's how each element plays a larger role in event automation.

Automation 40

Automation Events Registration Prospect 40

AltexSoft Travel

SEPTEMBER 9, 2019

If you’d like to save time and the headache of making separate agreements with each inventory supplier, here’s a way out – partner with a travel inventory aggregator – be it a global distribution system (GDS), a bed bank, or a big OTA. Expedia is outrun only by Booking Holdings. Your average number of bookings.

Affiliate 52

Affiliate Travel Agent Travel Travel 52

AltexSoft Travel

JUNE 25, 2022

This brings convenience as customers can easily search for holiday destinations, book accommodations, and make payments online. Travel frauds can range from bonus/loyalty abuse to bookings made with stolen credit cards leading to chargebacks to fake online travel websites, etc. Such fraud is often used for last-minute booking purposes.

Travel 52

Travel Travel Insurance Airlines 52

AltexSoft Travel

APRIL 19, 2022

From sharing a corner in your living room with an air mattress to running a whole hotel-like operation with multiple properties, alternative accommodation hosts today can make bank. Booking and occupancy. One hotel may operate hundreds of rooms, each booked individually, while a vacation rental is booked as a whole.

Management 52

Management Booking Platform Production 52

AltexSoft Travel

JANUARY 13, 2022

With alternative lodging representing a whopping 40 percent of all new bookings on Booking.com alone, is it still alternative? Watch how Airbnb popularized vacation rental booking in our video. In 2021, hotel bookings have almost rebounded from the stressful year, but consumer interest in non-hotel options will prevail.

Booking 52

Booking Banking Website Platform 52

AltexSoft Travel

OCTOBER 27, 2023

The simplicity of the launch attracts even non-travel players: Over the past two years , a number of financial companies, retailers, and loyal clubs have presented their branded booking platforms. Booking Holdings. That said, what kickstarts your business can, over time, hinder its growth. The channel share in US travel as of 2022.

Platform 52

Platform Affiliate Booking Online 52

AltexSoft Travel

NOVEMBER 6, 2020

At the time of global digitalization, 75 percent of all hotel bookings are made online. That clearly shows the vital importance of connection to various online booking channels for a hotel to thrive and attract more customers. Everything changes over the years, including hotel booking.

Travel Agent 76

Travel Agent Website Booking Social Media 76

AltexSoft Travel

NOVEMBER 25, 2019

The online booking business is as good as the inventory it has, so finding the best rooms for the best price is the most important task. One of the ways to get a diverse inventory portfolio is to partner with a bed bank. What is a bed bank? Bed banks aggregate inventory from suppliers and resell it to other businesses.

Banking 25

Banking Travel Agent Travel Travel 25

AltexSoft Travel

JULY 24, 2023

A traveler books a room for two nights via OTA and provides credit card information to pay $100 for the stay. The OTA authorizes the payment with its acquiring bank. The OTA pushes the VCC representation along with booking confirmation to the hotel via API or email. With a bank transfer, you don’t have that.

B2B 52

B2B Travel Travel Banking 52

AltexSoft Travel

NOVEMBER 16, 2022

Besides, a strong web presence is essential, including both a well-organized own website and other distribution channels to simplify the planning and booking stages of the customer journey. A property management system or PMS usually serves as a backbone of a hospitality business, automating multiple reservation and administrative workflows.

Technology 59

Technology Technology Trends Website 59

AltexSoft Travel

MAY 23, 2023

This entails utilizing different platforms like online travel agencies (OTAs) , global distribution systems (GDSs) , bed banks , and a hotel website for direct booking. A balanced distribution mix reduces dependency on a single channel and widens market exposure, increasing occupancy chances and boosting RevPAR. Demand forecasting.

Trends 59

Trends Online Booking Management 59

AltexSoft Travel

FEBRUARY 15, 2022

So, instead of choosing one or the other, we recommend a hybrid approach, i.e., automating the process with machine translation and then involving professional translators to revise the content. For automated translation, consider integrating with a specialized translation tool to leverage its functionality. Popular payment methods.

Website 52

Website Travel Travel SEO 52

AltexSoft Travel

JANUARY 19, 2021

It happens every time travelers book a flight. Introduced to facilitate the exchange of booking information between airlines, PNRs have become an important component of the travel industry. Introduced to facilitate the exchange of booking information between airlines, PNRs have become an important component of the travel industry.

Travel Agent 78

Travel Agent Airlines Booking Regulations 78

AltexSoft Travel

AUGUST 2, 2021

Its usage is typically related to the hospitality industry, though it can be implemented in other sectors, such as retail stores, banks, hospitals, casinos, etc. Automated room item request feature by Vouch. Mobile check-in and stay management. Self-service opportunities are highly appreciated by most travelers. Lost and found.

Affiliate 64

Affiliate Training Communications Communications 64

AltexSoft Travel

DECEMBER 10, 2019

A modern PSS is a complex structure, combining dozens of tools and applications which automate a wide range of passenger-related activities. The first CRS appeared in the 1960s was SABRE (Semi-Automated Business Research Environment) , which later evolved into one of three major global distribution systems (GDSs). Source: Ryaniar.

Airlines 18

Airlines eCommerce Certification Automation 18

AltexSoft Travel

AUGUST 26, 2020

Connectivity with key bed banks that purchase rooms in bulk. About half of all hotel bookings happens indirectly, meaning that travelers book rooms at Booking.com, Expedia, Orbitz, and other online travel agencies (OTAs). So, where do these bookings come from? Book hotel rooms. Hotel booking requests are free!

Booking 85

Booking Management Banking Contracts 85

AltexSoft Travel

AUGUST 13, 2020

All of this data comes from bookings made on the website, purchases through POS systems, CRMs, or any other place where personal preferences are shown. One of the spheres of interest for revenue management is demand forecasting , which relies on hotel bookings and market data. Revenue management analytical dashboard.

Hospitality 59

Hospitality Technology Technology Vendor 59

Bizzaboo

NOVEMBER 28, 2023

7 (Hybrid) & 11 (Remote)—Keep your testing practices up-to-date & learn from top product core teams about Performance, Security, TestOps, Unit testing, API testing, Mobile testing, Automation, Accessibility, Visual Regressions, Cross Browser testing, AI testing, Database testing. TestJS Summit 12/7/23 Hybrid | Berlin, Gemany Dec.

Conference 98

Conference Technology Technology Events 98

AltexSoft Travel

SEPTEMBER 3, 2020

Bed banks or wholesalers. Here’s more info on the largest bed banks and how OTAs can work with them. We will cover three mechanisms running in the background of an OTA: its booking and commission engines, and the back office. How a booking engine works. Booking and ticketing flow. Global Distribution Systems (GDS).

Online 72

Online Travel Travel Airlines 72