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.

Travel 52

Travel Travel Insurance Airlines 52

AltexSoft Travel

AUGUST 9, 2023

B2C platforms, on the other hand, are typically employed by online travel agencies (OTAs) to serve individual leisure travelers planning personal or family trips. Extranet connection: This portal is for suppliers who might not have automated APIs or traditional GDSs. Supplier selection. Policy сompliance and approval.

B2B 52

B2B Platform Management Travel 52

AltexSoft Travel

JANUARY 17, 2023

For that, you can either develop a full-blown business plan or go with the more succinct business model canvas (check our free online BMC template ). Marketing-only companies take care of the administrative operations (including marketing, pricing, distribution, online communications, etc.), Classic business model canvas. Partnerships.

Management 52

Management Automation Affiliate Website 52

AltexSoft Travel

MARCH 26, 2021

We’ve already described the main distribution channels : GDSs , OTAs , and bed banks. For hotels and OTAs, the main benefit of partnering with metasearch engines is increased online presence and customer reach. That’s an easy and recommended way to go to automate the setup and further updating. Via open APIs.

Hospitality 119

Hospitality Advertising Website Booking 119

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 will assign a tracking code to your agency to locate your reservations.

Affiliate 52

Affiliate Travel Agent Travel Travel 52

AltexSoft Travel

JULY 14, 2022

itinerary creation and scheduling (tour builders), online booking ( booking engines ), multi-channel distribution management (channel managers), customer relationships (CRM systems), content management (CMSs), reporting and analytics ( BI tools ), and so on. When we say travel agencies, in most cases we mean online travel agencies or OTAs.

Travel 105

Travel Travel Affiliate Booking 105

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. If you need to learn the essentials of the OTA business, read our comprehensive article on how to grow an online travel agency. The entire online travel, including direct channels, is expected to have a CAGR of 11.8 Source: Phocuswright.

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. The hotel reservation software is designed to automate and facilitate all the booking-related processes.

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

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. The OTA authorizes the payment with its acquiring bank. But looking at the number of properties they sell online, there is still a large gap.”

B2B 52

B2B Travel Travel Banking 52

AltexSoft Travel

MAY 23, 2023

Factors like hotel size, location, and amenities can significantly impact RevPAR, making direct comparisons challenging. Optimize distribution channels and enhance online presence Effective distribution channel management is crucial in maximizing a hotel’s reach and diversifying its guest demographics. Unequal comparison.

Trends 59

Trends Online Booking Management 59

AltexSoft Travel

NOVEMBER 16, 2022

Some of them are unique in terms of design or location, most are pet-friendly, and all of them aim at providing an outstanding, unforgettable travel experience. As for glamping facilities, guests value the attractive and well-maintained natural environment as well as the glampsite location, while comfort was ranked third. experiences.

Technology 59

Technology Technology Trends Website 59

AltexSoft Travel

FEBRUARY 15, 2022

Static, or descriptive content is the one that doesn’t change often, such as location details, amenities, policies, services descriptions, and so on. 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.

Website 52

Website Travel Travel SEO 52

AltexSoft Travel

JANUARY 19, 2021

Watch our video detailing how online booking unfolds offscreen. The essential trip data is gathered when an individual passenger or organization books a flight via a travel retailer — carrier’s website, online travel agency (OTA), travel management company (TMC), tour operator, or other channels. Source: Bank Info Security.

Travel Agent 78

Travel Agent Airlines Booking Regulations 78

Bizzaboo

NOVEMBER 28, 2023

NOVEMBER 2023 TECH EVENTS Name Start Date / Location Description Product-Led Summit Sydney 2023 11/1/23 Sydney, Australia Nov. 1—With 250+ speakers, 5,000+ attendees, our AI-powered matchmaking tool, live sessions and access to 5 co-located shows, this is not a conference to be missed! Is your event missing from this page? 30 to Dec.

Conference 98

Conference Technology Technology Events 98

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. For more details about online restaurant reservations , please consult our dedicated post. They might concern.

Affiliate 64

Affiliate Training Communications Communications 64

Bizzaboo

DECEMBER 22, 2020

The world of banking and finance is transforming — becoming an increasingly digital and mobile space. COVID-19 has accelerated that change — forcing even the most traditional banking customers to seek fintech alternatives. MGA Fintech Growth Summit. AMA The Year Ahead. The Digital Transformation Conference.

Virtual Events 106

Virtual Events Conference Insurance Events 106

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). You just register online and start using them.

Booking 85

Booking Management Banking Contracts 85