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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.

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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. GDSs , hotels/lodges/ alternative accommodation , airlines, bed banks , transfer providers/ car rentals , activity suppliers/ destination management companies , and so on.

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MICE professionals

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Central Reservation System for Hotels: CRS Functionality and Software Explained

AltexSoft Travel

Among that, 40 percent of the reservations are made via Booking.com, 32 percent — via other aggregators, and 21 percent — through a hotel’s website. A booking engine is a software that is integrated on the hotel’s website and social media pages that helps customers book, pay for, and manage their stay directly.

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Website Localization in Travel: Key Aspects and Best Practices

AltexSoft Travel

And not only does it adapt the menus, but also advertising campaigns, website pages, and entire business plans to attract local foodies. If you operate a travel business, you most likely deal with multinational customers, and it’s crucial for you to localize your content and services and make them more understandable. And it works.

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How to Get IATA Accreditation for Travel Business: Options and Steps to Take

AltexSoft Travel

IATA-certified agents must commit to an industry ethical codes and meet the general industry procedure standards. Working as an IATA agent also means including the IATA logo and branding on travel agents’ premises and websites. Read through the Travel Agent Handbook. Credibility. Let’s have a look.

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

AltexSoft Travel

One of the ways to get a diverse inventory portfolio is to partner with a bed bank. What is a bed bank? 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.

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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.