AltexSoft Travel

JULY 14, 2022

Now that we’re done with the basics, let’s talk about how businesses can actually help adventure-seeking travelers plan and organize the vacation of their dreams. Experiential travel ecosystem: business models, distribution, technologies, and representatives. Connectivity in the travel industry.

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. Travel expense fraud. Key fraud victims: companies that need their employees to go on many business trips, travel management businesses. Fake online travel agency fraud. Stolen credit card fraud.

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Travel Travel Insurance Airlines 52

AltexSoft Travel

NOVEMBER 14, 2019

In April of 2016, social media giant, Facebook launched a chatbot service that acts like a virtual assistant allowing businesses to provide automated customer service, deliver content, and come up with an interactive experience to their customers. These chatbots simulate a more human-like experience of talking to a travel agent.

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Hospitality Automation eCommerce Booking 26

AltexSoft Travel

OCTOBER 22, 2020

The question of ticket issuance inevitably leads to the International Air Transport Association (IATA) , an organization comprised of nearly 300 member airlines across the world that, among other things, governs who can issue tickets on their behalf. Automated ticketing – more commonly, PNRs are ticketed automatically.

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Booking Travel Travel Travel Agent 69

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.

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Travel Agent Website Booking Social Media 76

AltexSoft Travel

JANUARY 13, 2022

This includes vacation rentals, guest houses, homes and apartments, villas – basically, everything else that doesn’t fit under the umbrella of traditional, organized short-term lodging. Typically, you can connect to bed banks either via an extranet (useful for traditional travel agents) or an API. Search and booking engine.

Booking 52

Booking Banking Website Platform 52

AltexSoft Travel

JANUARY 19, 2021

The essential trip data is gathered when an individual passenger or organization books a flight via a travel retailer — carrier’s website, online travel agency (OTA), travel management company (TMC), tour operator, or other channels. In the most basic scenario, a PNR makes the following steps during its lifecycle.

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Travel Agent Airlines Booking Regulations 78

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.

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Airlines Travel Agent Publishing B2B 113

AltexSoft Travel

FEBRUARY 15, 2022

So, instead of choosing one or the other, we recommend a hybrid approach, i.e., automating the process with machine translation and then involving professional translators to revise the content. For automated translation, consider integrating with a specialized translation tool to leverage its functionality.

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Website Travel Travel SEO 52

AltexSoft Travel

JULY 20, 2020

One organization that majorly extended on the abilities of OpenTravel’s specs is HTNG. Here, HTNG covers two additional functions: Travel Agent Commission specs that simplify the process of paying commissions to travel agents and expands upon Open Travel HotelCommNotifRQ.xsd – Commission Event Update Request.

Airlines 52

Airlines Hospitality Booking Travel Agent 52

AltexSoft Travel

JULY 24, 2023

The exception here is car rental companies , with a level of VCC adoption nearing 80 percent, all due to well-organized financial systems and processes that can handle virtual cards. Process automation and no more manual reconciliation. This data allows you to analyze spending in detail and make informed budget decisions.

B2B 52

B2B Travel Travel Banking 52

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. Some organizations use both approaches. Travel agents can book inventory via a booking website.

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Banking Travel Agent Travel Travel 25