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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.

Travel 105
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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. 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
MICE professionals

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Self-Service Technologies in Travel: End-to-End Solutions for Independent Travelers

AltexSoft Travel

What does self-service mean for travel? To be fair, the idea of self-service travel is nothing new. Back then, self-service used to simply mean “without a travel agent”, and in 2020, with up to 80 percent of travelers booking directly online – it’s a norm. Self-service touchpoints on the traveler journey.

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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.

Website 52
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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
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Travel Payments Integration: Hands-On Experience with Solutions for OTAs and Other Resellers

AltexSoft Travel

Travel business and PCI DSS compliance levels In 2017, the International Air Transportation Association (IATA) officially supported the initiative declaring that their internal electronic system — Billing and Settlement Plan (BSP) — is compliant with PCI DSS. In the meantime, the OTA may keep card information to pay a fare once PNR is ready.

Travel 52
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Hotel Booking APIs: Wholesalers, Channel managers, and GDS

AltexSoft Travel

The APIs by key global distribution systems, the main players on the travel distribution market. Connectivity with direct software vendors of hotels. Sourcing inventories of the largest online travel agencies. It originated from the airline industry and slowly tried to capture adjacent travel segments. Wholesale APIs.

Booking 85