AltexSoft Travel

APRIL 16, 2021

Basically, with CTD accreditation, corporations act as travel agents and book directly with GDSs and airlines. They can also outsource the ticketing activities to a third party, i.e., a travel management company. Memo Manager is a tool for automating memo exchange and processing. Non-flight travel markets.

Airlines 115

Airlines Travel Agent Certification Booking 115

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. Expedia Group members.

Affiliate 52

Affiliate Travel Agent Travel Travel 52

Open Destinations

JANUARY 31, 2020

Technology and travel are constant;y pushing each other to new heights and expanding what is possible. As a result, the last decade has brought about huge growth in the travel technology market. This has been reflected in a drastic change in the business operations of tour operators, DMCs and travel agents.

Technology 52

Technology Technology Trends Travel 52

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.

Travel 52

Travel Travel Insurance Airlines 52

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. To survive in the modern travel market, hotels have to play by the rules of their leaders – online travel agencies. Payment process automation.

Online 52

Online B2B Vendor Automation 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.

Platform 52

Platform Affiliate Booking Online 52

AltexSoft Travel

NOVEMBER 14, 2019

Chatbots have become one of the most significant trends of today’s eCommerce industry — an AI (artificial intelligence) platform that allows businesses to simulate the behavior of humans within a conversational environment. This data shows that chatbot tools visualize the future of Facebook Messenger marketing and customer support.

Hospitality 26

Hospitality Automation eCommerce Booking 26

Hotel Engine

AUGUST 3, 2022

Besides CFOs and travel coordinators , this committee can include members from departments, such as: Accounting. Some automate their T&E policy and track expenses digitally. Inform Your Employees of Where and How to Book Travel Plans. The policy should also include how and where to book travel arrangements.

Automation 98

Automation Booking Transportation Travel 98

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.

Travel Agent 76

Travel Agent Website Booking Social Media 76

AltexSoft Travel

JANUARY 13, 2022

And eight out of ten of those travelers expect to stay in rentals for at least half of future trips. Influenced by the need to control their COVID exposure and having to travel only locally, people have unknowingly shifted the accommodation market share. What is considered alternative accommodation? Wholesalers/bedbanks.

Booking 52

Booking Banking Website Platform 52

AltexSoft Travel

OCTOBER 22, 2020

For a fee, consolidators will act as ticketing partners for non-IATA agents and issue tickets on their behalf. For most non-IATA travel agents, consolidators are easiest and most effective way to handle ticket issuance. Automated ticketing – more commonly, PNRs are ticketed automatically. Ticketing with a consolidator.

Booking 69

Booking Travel Travel Travel Agent 69

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

SEPTEMBER 14, 2021

The market is less competitive, so operators take longer to keep up with the trend. This website within a website is available only for authorized users and is used by travel agents and corporate clients to access exclusive prices and propositions established per preliminary agreements. Automated pricing. API connections.

Training 59

Training Booking Online Airlines 59

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?

Website 52

Website Travel Travel SEO 52

AltexSoft Travel

MARCH 13, 2020

Consolidators pass on net fares to travel agencies, charging a premium on top of each seat. In any case, travel agents get a good margin to earn money. Travel agencies add their own markups but still keep the prices lower than market rates offered by airlines. International flights vs domestic flights.

Airlines 113

Airlines Travel Agent Publishing B2B 113

AltexSoft Travel

JULY 24, 2023

At the same time, travel suppliers are often reluctant to deal with VCCs “To give you an example, the VCC adoption by OTAs like Booking.com and Agoda hits 65 to 70 percent, says Koert Grasveld , Vice-President of Payments in TerraPay , a global payment platform that provides solutions for all kinds of travel players.

B2B 52

B2B Travel Travel Banking 52

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

NOVEMBER 25, 2019

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. Which bed banks should you contact to better position yourself on chosen markets? Accommodation.

Banking 25

Banking Travel Agent Travel Travel 25

AltexSoft Travel

SEPTEMBER 3, 2020

Online travel agencies are some of the youngest players in the travel market. Since their appearance in the 90s, they flipped travel distribution, became hotels’ biggest enemies , and changed how people research, plan, and buy their trips. Online Travel Agency building blocks and technology. Booking desk.

Online 72

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. Sourcing inventories of the largest online travel agencies. The bad news, as always, there are trade-offs and providers may be slightly or even significantly different in terms of how they operate in the market.

Booking 85

Booking Management Banking Contracts 85

AltexSoft Travel

DECEMBER 23, 2019

The market is extremely competitive and it undergoes changes, becomes increasingly more digital. This calls for quite intricate approaches to marketing, distribution, and travel products themselves. Understanding the travel agency market. Leading players holding the market. Let’s talk about challenges first.

Online 23

Online Travel Travel Marketing 23