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Tips for Negotiating Your Next Big Event Contract

Smart Meetings

But entering a new relationship with a hotel usually comes with a detailed contract of agreements and stipulations. year period of time have shifted into the future years causing a significant demand and compression issue when contracting with hotels,” Payne said. Smart Meetings chatted with Cheryl M.

Contracts 226
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How Attribute-Based Shopping Will Change Hotel Booking

AltexSoft Travel

Hotel shopping today To understand how the current hotel room booking experience works, we need to first talk about how hotels control room inventory and pricing via combinations of Room Types and Rate Plans. Room type examples A Rate Plan represents essentially the practical terms and conditions that go with a booking.

Booking 111
MICE professionals

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Top 8 Hospitality Platforms for Events and Consumer Experiences

Eventtia

For example, a luxury retail brand can improve its image and market presence by inviting VIP guests and influencers to an international event. Similarly, a sporting goods retail brand can leverage the events strategy by inviting Olympic athletes to participate in a showcase event with young sports enthusiasts.

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Travel Booking Engines: Types, Functionality, and Integrations

AltexSoft Travel

A booking engine is the brains behind distributing travel products online. Trip-related companies employ different types of booking engines to run core processes instead of human personnel. Internet booking engine: its key functionality and main integrations. How a travel booking engine works. Key features.

Booking 69
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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. In most cases, tour operators book travel services from external suppliers. You’ll be able to send booking requests and receive confirmations and other status updates through your own system interface.

Booking 52
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Airline Consolidators Overview: Their Role, Advantages, and Key Players

AltexSoft Travel

Flight consolidators are brokers that book airline seats in bulk at discount rates and then resell them to travel agencies. Most of the large consolidators appeared in the 1970-1980s when airlines had more seats than they could ever sell via travel retailers. Airline consolidator business model: how it works. Access to major GDSs.

Airlines 113
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Cvent vs Bizzabo: Which Event Management Software Is Best?

Eventtia

It’s worth noting that while multiple technology companies provide digital solutions for B2B event management, only a handful are committed to delivering software designed for consumer and luxury retail events. As an attendee, you can easily find and book meetings with other attendees.