AltexSoft Travel
NOVEMBER 4, 2022
In 2016, the McLaughlin-Sherouse List was published, which ranked all industries in the US according to RegData’s Industry Regulation Index showing the most regulated ones. So, let’s talk about IATA – one of the main regulators of the aviation industry. Source: Fine Art America. What is IATA? IATA’s mission and main purposes.
AltexSoft Travel
FEBRUARY 20, 2020
Every industry has its own regulator – an authority that sets standards and improves the cooperation inside. The air travel industry is no exception. Its main goal is to regulate distribution-related activities in airlines and commercial aviation such as fare calculations, revenue allocation, and baggage rules.
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AltexSoft Travel
APRIL 16, 2021
So, ARC or Airline Reporting Corporation is a company that regulates and handles transactions between airlines and US-based travel agencies. Basically, with CTD accreditation, corporations act as travel agents and book directly with GDSs and airlines. What is ARC? Memo Analyzer for Agencies dashboard.
AltexSoft Travel
JULY 14, 2022
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. Tour operators: providing turn-key services.
AltexSoft Travel
JULY 20, 2020
This is something that happened historically – IATA existed since the dawn of civil aviation , and hotels never had a centralized regulator to keep the industry united. Digital Signage supports the deployment of hotel digital signage technology – display monitors in public areas that communicate messages to guests and employees.
AltexSoft Travel
SEPTEMBER 3, 2020
Travelers can go directly to the hotel’s or airline’s website but around 44 percent of people go to OTAs to compare prices and see the whole pool of options. OTAs compile their rich inventories by connecting to different partners via APIs – pieces of code allowing for the communication between different software systems.
AltexSoft Travel
JULY 30, 2021
Key partnership frameworks in aviation were designed decades ago, in the era of large state-owned airlines and regulated fares. Otherwise, the carrier for this role is typically selected by a travel agent. On a passenger’s or travel agent’s request, the GDS or PSS builds an itinerary. Itinerary construction.
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