AltexSoft Travel

JANUARY 13, 2022

Alternative accommodation platforms are new players in the travel distribution field. It’s important for an AA platform to build solid connections with channel managers to drive more listings to the site. Platforms like Google, Kayak and TripAdvisor are many OTAs’ main sources of traffic. Wholesalers/bedbanks.

Booking 52

Booking Banking Website Platform 52

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. Nowadays there is a multitude of search engines and platforms to find accommodation.

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Travel Agent Website Booking Social Media 76

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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Banking Travel Agent Travel Travel 25

AltexSoft Travel

JULY 24, 2023

A traveler books a room for two nights via OTA and provides credit card information to pay $100 for the stay. The OTA authorizes the payment with its acquiring bank. It takes up to seven business days to process a paper-based check which must be physically delivered to the bank. With a bank transfer, you don’t have that.

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B2B Travel Travel Banking 52

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? localizing payments.

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Website Travel Travel SEO 52

AltexSoft Travel

JANUARY 19, 2021

A carrier’s operator or authorized travel agent logs into the CRS/GDS to build a PNR file with five mandatory elements (to be discussed later in the section about PNR data). The code also gives travelers access to their flight details, but not to PNR files with personal information. Source: Bank Info Security.

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Travel Agent Airlines Booking Regulations 78

AltexSoft Travel

DECEMBER 10, 2019

A modern PSS is a complex structure, combining dozens of tools and applications which automate a wide range of passenger-related activities. The first CRS appeared in the 1960s was SABRE (Semi-Automated Business Research Environment) , which later evolved into one of three major global distribution systems (GDSs). Retailing platform.

Airlines 18

Airlines eCommerce Certification Automation 18

AltexSoft Travel

SEPTEMBER 3, 2020

Bed banks or wholesalers. These industry players buy hotel rooms in bulk and sell them to OTAs, travel agents, or even airlines. Here’s more info on the largest bed banks and how OTAs can work with them. Online Travel Agency building blocks and technology. No OTA is fully automated. Booking desk.

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Online Travel Travel Airlines 72

AltexSoft Travel

AUGUST 26, 2020

The APIs by key global distribution systems, the main players on the travel distribution market. Connectivity with key bed banks that purchase rooms in bulk. Sourcing inventories of the largest online travel agencies. It originated from the airline industry and slowly tried to capture adjacent travel segments.

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Booking Management Banking Contracts 85