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. 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.

Airlines 52

Airlines Automation Contracts Contracts 52

AltexSoft Travel

MARCH 26, 2021

We’ve already described the main distribution channels : GDSs , OTAs , and bed banks. In this article, we will explain what metasearch engines are, how they work, and how hotels can connect to main platforms and get the most out of this partnership. What is a metasearch engine? How metasearch engines work. Via open APIs.

Hospitality 119

Hospitality Advertising Website Booking 119

AltexSoft Travel

MARCH 24, 2022

Streamlining and automating processes. While some are finding the automated payment processing too confusing to switch, others are hoping to avoid fraud in this way. Limited currencies, when prices are displayed in the currency of the country where a property is located. Payment process automation. Bank transfer.

Online 52

Online B2B Vendor Automation 52

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

AltexSoft Travel

DECEMBER 30, 2022

Fees depend on the market share and exposure of the OTA, hotel size, and location. That’s why the net contracted scenario remains the standard among OTAs and bed banks. But to make the most of it, agencies require special software for adjusting rates and automating complex pricing operations. Below, we’ll specify some of them.

Contracts 52

Contracts Contracts Booking Airlines 52

AltexSoft Travel

JULY 14, 2022

TripAdmit ), or even a focused, multi-featured tour operator platform (e.g., In addition, to facilitate and automate the B2B interaction, bigger companies often develop a suite of APIs to enable integration and share product details with their partners. Bigger businesses can adopt itinerary building software (e.g., Here’s how it works.

Travel 105

Travel Travel Affiliate Booking 105

AltexSoft Travel

JUNE 25, 2022

Artificial intelligence and machine learning tools are widely adopted within the insurance sector to automate claim processing. The software then provides automated alerts on suspicious behavior and potential theft. Credit card fraud detection , of course, can be automated with the software we’re going to review further.

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. Of course, those tools are only available to users hosting on the platform, which strips you of any choice. Dynamic pricing. Performance tracking.

Management 52

Management Booking Platform Production 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. With every completed reservation through the platform, travel agents make a commission.

Affiliate 52

Affiliate Travel Agent Travel Travel 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. Plug-and-play platforms have many hidden limitations, preventing you from standing out in a saturated travel market. billion in 2022.

Platform 52

Platform Affiliate Booking Online 52

Endless Events

SEPTEMBER 1, 2021

And today, the techie duo welcomes a very special guest who developed a brand management tool and mostly works with consulting firms and banks. One is a PowerPoint automation tool that you can think of like Grammarly, but for presentation formatting. Astute Review: An Introduction. “We’ve got two products at Astute Review.

Management 317

Management Automation Trade Show Consulting 317

AltexSoft Travel

JULY 24, 2023

The OTA authorizes the payment with its acquiring bank. Unlike a plastic counterpart with never changing information printed on it, a VCC has new verification data each time you apply it, so you avoid exposing details about an actual bank account. With a bank transfer, you don’t have that. It basically covers everything.”

B2B 52

B2B Travel Travel Banking 52

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

NOVEMBER 25, 2019

One of the ways to get a diverse inventory portfolio is to partner with a bed bank. What is a bed bank? A bed bank (also called a wholesaler ) is a B2B company that purchases rooms from accommodation providers in a bulk at a discounted, static price for specific dates and sells them to OTAs, travel agents, airlines, or tour operators.

Banking 25

Banking Travel Agent Travel Travel 25

AltexSoft Travel

FEBRUARY 15, 2022

We’ve touched on the topic of website localization earlier, and in this article, we want to dive deeper into the technicalities of an adaptation process and share our experience of adjusting travel platforms to foreign markets. But first, let’s briefly recap the basics. What is localization and how to approach it? Source: VentureBeat.com.

Website 52

Website Travel Travel SEO 52

AltexSoft Travel

NOVEMBER 6, 2020

Implementing CRS increases overall efficiency due to the automation of numerous processes, i.e. immediately updating the hotel’s ARI across all distribution channels or sending confirmation emails. The hotel reservation software is designed to automate and facilitate all the booking-related processes. Hotel booking process.

Travel Agent 76

Travel Agent Website Booking Social Media 76

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

MAY 23, 2023

Factors like hotel size, location, and amenities can significantly impact RevPAR, making direct comparisons challenging. This entails utilizing different platforms like online travel agencies (OTAs) , global distribution systems (GDSs) , bed banks , and a hotel website for direct booking. Unequal comparison.

Trends 59

Trends Online Booking Management 59

AltexSoft Travel

JANUARY 19, 2021

It may appear under different names — a record locator, booking reference, reservation code, or just PNR. Receipt for booking confirmation where 01FH53 is the record locator or PNR number. Source: Bank Info Security. Most passengers have never seen a PRN file itself. Super PNR connects all parts of the multi-leg trip.

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. Maintenance request in the Monscierge platform. Messaging platforms. Mobile check-in and stay management.

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. Explore the latest platform tools and cloud technologies and learn how to put your skills to work in new areas.

Virtual Events 106

Virtual Events Conference Insurance Events 106

AltexSoft Travel

AUGUST 26, 2020

Connectivity with key bed banks that purchase rooms in bulk. Wholesalers or bed banks. In this business model, a wholesaler (bed bank) contracts with a hotel for a period of time to sell a bulk of its rooms for a fixed price. What’s cool about bed banks? Why bed banks are… bad. Who uses bed banks.

Booking 85

Booking Management Banking Contracts 85