Automation Banking Location Travel Agent 
AltexSoft Travel
NOVEMBER 24, 2021
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. Some states and countries force travel agencies to acquire additional permits and buy security bonds or bank guarantees to make air and non-air bookings.
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. Guest payments.
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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 TAAP: booking tools for travel retail agents. Template solutions.
AltexSoft Travel
JULY 14, 2022
Tour operators are travel companies that devise itineraries, create corresponding multi-component tour packages, sell them to travel agents or travelers, and make sure everything goes well from the start to the end of the trip, having full responsibility to the traveler. Tour operators: providing turn-key services.
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. Key fraud victims: travel (and not only) companies of different size. Fake online travel agency fraud.
AltexSoft Travel
NOVEMBER 6, 2020
With the help of the channel manager that we discuss below, it distributes the hotel information to various sales channels, such as GDSs , OTAs , independent travel agents, and its own website, synchronizes reservations, and processes transactions. Besides, thousands of OTAs and travel agents work with the GDS database.
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.
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