AltexSoft Travel

NOVEMBER 24, 2021

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. Sixty years later, the world’s first computerized system for flight booking still handles a lion’s share of airline and hotel reservations.

Airlines 52

Airlines Automation Contracts Contracts 52

AltexSoft Travel

MARCH 26, 2021

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.

Hospitality 119

Hospitality Advertising Website Booking 119

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. Marketing-only companies take care of the administrative operations (including marketing, pricing, distribution, online communications, etc.),

Management 52

Management Automation Affiliate Website 52

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

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. Such fraud is often used for last-minute booking purposes.

Travel 52

Travel Travel Insurance Airlines 52

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

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. Using RM practices and software is immensely important for hotels while they’re competing with each other and online travel agencies for the distribution market.

Management 52

Management Booking Platform Production 52

AltexSoft Travel

OCTOBER 27, 2023

White-label solutions make building an online travel agency or OTA extremely easy and fast. 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. Or watch our video explainer.

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

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

MAY 23, 2023

Optimize distribution channels and enhance online presence Effective distribution channel management is crucial in maximizing a hotel’s reach and diversifying its guest demographics. Also, partnering with metasearch engines is beneficial for hotels in terms of enhancing their online presence. Demand forecasting.

Trends 59

Trends Online Booking Management 59

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. A traveler books a room for two nights via OTA and provides credit card information to pay $100 for the stay. Ease of issuance and flexibility.

B2B 52

B2B Travel Travel Banking 52

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

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

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

As late as last summer British Airways canceled more than 100 of their flights and delayed another 200 because of IT outages that involved two components of their passenger service software — one that was responsible for online check-in and the other that managed flight departure. And that episode was not a one-off. Airline inventory system.

Airlines 18

Airlines eCommerce Certification Automation 18

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? Bed banks or wholesalers. How a booking engine works.

Online 72

Online Travel Travel Airlines 72

AltexSoft Travel

AUGUST 26, 2020

Connectivity with key bed banks that purchase rooms in bulk. Sourcing inventories of the largest online travel agencies. About half of all hotel bookings happens indirectly, meaning that travelers book rooms at Booking.com, Expedia, Orbitz, and other online travel agencies (OTAs). Book hotel rooms.

Booking 85

Booking Management Banking Contracts 85

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.

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Conference Technology Technology Events 98