AltexSoft Travel

SEPTEMBER 3, 2020

Having worked with numerous travel businesses , we can tell that we know a thing or two about building and growing a successful online travel agency. Here we will talk about the ins and outs of the industry, from increasing your inventory to getting the right technology and staying above the competition. How OTAs work.

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AltexSoft Travel

NOVEMBER 6, 2020

In this article, we will describe the hotel booking process from the back side of the reception desk, discuss how technology can help you, as a hotelier, handle reservations and manage distribution, and give a brief overview of the popular software providers. So, what is a hotel CRS? Hotel search and booking process steps.

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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. Source: TripPro.

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Travel Daily Media

NOVEMBER 14, 2019

This text-to-speech technology automatically detects what language your phone is using to determine which places you might need help translating. The research found that the most ardent users of technology, in India and globally, include Baby Boomers and Millennials and that the laptop is the most common device in use.

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Leonardo

MAY 13, 2021

From there, the solution grew into the automated system that pulls data from major channels into one visual dashboard. First and foremost: technology is really just one component of our content monitoring platform. Marketing fluff that describes a room is great but travelers—and frankly channels as well—need a clear, SEO-driven list.

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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. Sabre and other GDSs act not only as wholesalers of travel services. They also provide a wide range of technologies to streamline business operations. Flight search.

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AltexSoft Travel

APRIL 16, 2021

ARC uses modern technologies to gather travel data and offers a number of solutions to support travel agencies’ business intelligence , analytics, and reporting processes. Basically, with CTD accreditation, corporations act as travel agents and book directly with GDSs and airlines.

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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. Technologies. Technologies. Technologies.

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AltexSoft Travel

JANUARY 13, 2022

To connect with its partners on both ends, it needs strong integration and distribution technologies, as well as the search and booking functionality that matches customer demand. Let’s talk about the technology and digital back office of an alternative property marketplace. A travel booking engine performs two roles.

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AltexSoft Travel

MARCH 24, 2022

Currently, there are four main areas where hotels experience shortcomings with their payment technology. 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. Payment process automation. Guest payments.

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AltexSoft Travel

SEPTEMBER 14, 2021

One of the most interesting differences between how air and train transport operate is the role technology takes in each. In this article, we want to tackle just that and explain how a modern railway reservation and ticketing system can be advantageous to providers, travelers, and the whole train travel industry.

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AltexSoft Travel

OCTOBER 27, 2023

Online travel agencies landscape If you start an OTA from scratch, plan to get your existing offline business online, or think over a growth strategy, you need to know the current state of affairs in the market, consider the biggest players, and explore the latest trends. The channel share in US travel as of 2022. Source: Phocuswright.

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AltexSoft Travel

JULY 24, 2023

But even with modern imaging technologies that allow banks to use pictures of checks, you need to wait until the next working day to get the funds cleared. Process automation and no more manual reconciliation. Pax2pay is another technology tailored to the specific needs of travel payments. Paul Van Alfen sums up.

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AltexSoft Travel

SEPTEMBER 9, 2019

So here are the three main partnership solutions Expedia Group offers: Expedia Travel Agent Affiliate Program aka agent tools. Expedia TAAP: booking tools for travel retail agents. Through Expedia TAAP travel agents can book the following services: 600K+ accomodations. Expedia Group members.

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AltexSoft Travel

JULY 20, 2020

Long answer is as follow: To be able to use innovative technologies and create personalized content. To make deployment of new technologies easier. It starts with Web Services Framework – an encompassing description of all the rules for interconnection of the key industry technologies.

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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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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.

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Travel Daily Media

JULY 31, 2019

The Tourism Start-Up Pavilion is especially relevant today as both travellers and tourism operators alike rely even more on technology and the Internet to plan their trips and conduct their daily business operations. This year’s edition of ITE HCMC will continue with its staple show features that have become hallmarks of the event.

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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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AltexSoft Travel

AUGUST 26, 2020

It originated from the airline industry and slowly tried to capture adjacent travel segments. Global distribution systems gather data from multiple sources, create their APIs, and distribute them across travel agents and OTAs. You’ll also likely experience problems with technology, supply, room availability, and content.

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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. Travel agents can book inventory via a booking website.

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AltexSoft Travel

DECEMBER 23, 2019

This calls for quite intricate approaches to marketing, distribution, and travel products themselves. Here, we will describe the distribution and communication channels, revenue management techniques, product positioning, and technology that will make you survive. Understanding the travel agency market. Invisibility.

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AltexSoft Travel

DECEMBER 10, 2019

It was just another reminder of overall aviation IT fragility, caused by different factors, from aging technologies to poor communication between different components to the introduction of immature solutions. The second generation: patchwork of old and new technologies. And that episode was not a one-off.

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