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Vacation Rental Management Company: Business Model and Growth Strategies Overview

AltexSoft Travel

Intangible resources include patents, licenses, research materials, and other intellectual assets. Human resources relates to all the staff you’ll need to cover your operations. Financial resources mean the money you need to launch and the sources you get investments from (bank loans, crowdfunding, grants, etc.).

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Understanding Online Travel Agency Business: Partners, Building Blocks, How to Grow

AltexSoft Travel

Bed banks or wholesalers. Here’s more info on the largest bed banks and how OTAs can work with them. When working with airlines, OTAs use software from industry regulators IATA or ARC. Ideally, all these functions should be automated to allocate your time and human resources to growing the business rather than supporting it.

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