AltexSoft Travel

SEPTEMBER 14, 2021

Train travel is in a disadvantaged position in our world. After dominating transport for over 100 years , railways no longer hold the competition with air travel. One of the most interesting differences between how air and train transport operate is the role technology takes in each. Lack of customer data.

Training 59

Training Booking Online Airlines 59

AltexSoft Travel

APRIL 16, 2021

You can become an ARC Specialist if you pass the ARC Specialist Training and Certification Program and then successfully pass the examination. Basically, with CTD accreditation, corporations act as travel agents and book directly with GDSs and airlines. Memo Manager is a tool for automating memo exchange and processing.

Airlines 115

Airlines Travel Agent Certification Booking 115

AltexSoft Travel

MARCH 23, 2022

Thomas Cook, an iconic travel company from the UK, is believed to be the first tour operator. In 1841, its founder chartered a train to carry temperance supporters to a meeting 12 miles away – and that was the world’s first package tour. What is a tour operator: definition, types, and challenges. Components of tour packages.

Booking 52

Booking Technology Technology Travel Agent 52

AltexSoft Travel

JULY 30, 2020

Often created by travel agents and customers (both accidentally and not), these holes account for about 3 percent of the airline’s revenue. Not always intentionally, but travel agents as well as passengers themselves can cause a bunch of revenue integrity problems for airlines. Sources of airline revenue leakage.

Airlines 124

Airlines Travel Agent Booking Management 124

AltexSoft Travel

JULY 24, 2023

Process automation and no more manual reconciliation. Virtual cards automate the end-to-end B2B payment flow, reducing manual work and decreasing processing costs by up to 70 percent. Say, a traveling employee who pays with a virtual card doesn’t need to gather receipts since all expenses will be automatically captured. — AltexSoft.)

B2B 52

B2B Travel Travel Banking 52

AltexSoft Travel

OCTOBER 27, 2023

As Phocuswright’s US Online Travel Agency Market Report 2022-2026 shows, OTAs receive only 22 percent of total gross bookings, lagging well behind direct supplier channels (41 percent) and offline agencies (37 percent). The channel share in US travel as of 2022. Source: Phocuswright. percent from 2023 to 2027.

Platform 52

Platform Affiliate Booking Online 52

AltexSoft Travel

JUNE 25, 2022

Artificial intelligence and machine learning tools are widely adopted within the insurance sector to automate claim processing. Such tools are trained over lots of data to look for anomalies that can alert the business to potentially fraudulent activity patterns. Key fraud victims: travel (and not only) companies of different size.

Travel 52

Travel Travel Insurance Airlines 52