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Coming Soon: New Event Diagramming Features, Tools, and Updates

Social Tables

Later venue sourcing habits Planners are making their sourcing decisions later in the booking process, working with much shorter booking windows. Because they are taking longer to source a venue, they book quickly when they finally get the green light to move forward.

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Hotel Online Payments: How and Why to Transform Your Payment Process

AltexSoft Travel

But if you work in the hospitality business, you must have noticed that the way people book and pay for hotels has changed, especially since the start of the pandemic. Clunky websites have guests email or even call for information, availability updates are often manual, and check-ins and ancillary bookings also often happen only in person.

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MICE professionals

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The 10-Step Guide to Nonprofit Event Planning

Social Tables

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.

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B2B Travel Platform For Corporate Travel Management

AltexSoft Travel

This guide delves deep into the specifics of building a custom B2B travel booking platform specifically tailored for corporate travel. Features such as expense management, policy compliance, risk management , and detailed reporting are critical in a corporate travel booking system. Different booking flow.

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Sabre API Integration: Hands-On Experience With a Leading GDS

AltexSoft Travel

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. Short for Semi-Automated Business Research Environment, Sabre was developed back in the 1960s by IBM to help American Airlines handle growing volumes of passengers.

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Metasearch in Hospitality: an Overview of Hotel Search Engines

AltexSoft Travel

Listing your property in metasearch websites and investing in a marketing campaign can help increase visibility and attract more direct bookings. We’ve already described the main distribution channels : GDSs , OTAs , and bed banks. To get a better understanding of how metasearch engines work, let’s first discuss how they make money.

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OTA Rates and Building ?ommission Engine: Best Practices and Lessons Learnt

AltexSoft Travel

The payment for a reservation made via OTA goes directly to the supplier — either at the time of booking or on check-in. Fees depend on the market share and exposure of the OTA, hotel size, and location. After commissions are agreed upon, all that’s left to do for OTAs is track booking volumes and send invoices for their services.