Remove B2B Remove Contracts Remove Travel Agent Remove Website
article thumbnail

Tour Operator Software: Itinerary Creator, Booking Engine, and Other Handy Technologies

AltexSoft Travel

A tour operator is a travel company that devises the trip, books its components, markets it, and sells to travelers or travel agents. Basically, combining travel services in a bundle and developing a complete tour is the most important part of a tour operator’s job and that’s what distinguishes it from travel agents.

Booking 52
article thumbnail

BLOG – DISCOVERY SERIES: PRODUCTIVITY

Open Destinations

These areas relate to key deliverables from the travel software and solutions that we provide. First, we looked at some ways in which we increase our clients’ revenues , next we covered improving the experience of their B2B and B2C customers. AGENT PORTAL. The fourth and final area of focus is that of productivity.

MICE professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Experiential Travel Explained: Players, Distribution Landscape, and Opportunities

AltexSoft Travel

Tour operators are travel companies that devise itineraries, create corresponding multi-component tour packages, sell them to travel agents or travelers, and make sure everything goes well from the start to the end of the trip, having full responsibility to the traveler. Connectivity in the travel industry.

Travel 105
article thumbnail

Airline Consolidators Overview: Their Role, Advantages, and Key Players

AltexSoft Travel

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. It’s worth noting that usually consolidators purchase all the allocated seats only after a contracted number of travelers pay for them.

Airlines 113
article thumbnail

Travel Agency Inventory System: Main Sources and Management Aspects

AltexSoft Travel

This is a foundational problem a travel agency must solve to successfully operate. Suppliers, their types, and underlying contracts define revenue management, technology, and a business niche that the agency targets. Integrating and contracting middlemen. Integrating with middlemen and contracting a supplier.

article thumbnail

Travel Booking Engines: Types, Functionality, and Integrations

AltexSoft Travel

“On the one side, this program module connects with customer interfaces to accept search requests, Andrey Chebotarev, travel technology practice leader at AltexSoft puts in the picture, On the other side, it integrates with systems used by suppliers — airlines, hotels, car rental companies — to control and distribute their inventory.”.

Booking 69
article thumbnail

Bed Banks: Comparing Accommodation, Travel Ancillaries, Connectivity of Hotelbeds, Travco, Bonotel, HotelsPro, and WebBeds

AltexSoft Travel

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. What is a bed bank?

Banking 25