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Host Travel Agencies: Why You Need Them and How to Choose the Best Option

AltexSoft Travel

“A host travel agency is an accelerator,” — explains the idea Ernesto Sigg Rodríguez, Chief Commercial Officer at Fitbooktravel , that provides technology consulting services for online travel businesses. “As As a travel agent you want to run your business, but you need resources that you can’t afford alone.

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

AltexSoft Travel

Consolidators pass on net fares to travel agencies, charging a premium on top of each seat. 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. Benefits of partnership with air consolidators for airlines.

Airlines 113
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Travel Fraud Protection: Key Types of Travel Scam, Protective Measures, and Software to Consider

AltexSoft Travel

Travel frauds can range from bonus/loyalty abuse to bookings made with stolen credit cards leading to chargebacks to fake online travel websites, etc. Major types of travel fraud. Travel insurance fraud. Key fraud victims: insurance carriers. Each insurance claim is checked and validated one by one.

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Travel Agency Accreditation, Explained: IATA, IATAN, ARC, CLIA, and TRUE

AltexSoft Travel

IATA accreditation for air travel: IATA vs IATAN vs TIDS International Air Transport Association or IATA is a global trade association of airlines that develops standards and practices for the aviation industry. IATA accreditation exists to verify travel agencies and control the revenue flow, and it’s accepted worldwide. How to apply?

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OTA Platform: How to Choose a White-Label Solution, and When to Go Custom

AltexSoft Travel

As Phocuswright’s US Online Travel Agency Market Report 2022-2026 shows, OTAs receive only 22 percent of total gross bookings, lagging well behind direct supplier channels (41 percent) and offline agencies (37 percent). The channel share in US travel as of 2022. A customizable website. Source: Phocuswright. A mobile app.

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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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Buy Now Pay Later for a Travel Business: How BNPL Works and Ways to Implement It

AltexSoft Travel

In retail, shoppers get their purchase immediately after the first installment is credited, but if BNPL is used to buy services (travel, insurance, education, etc.), How to implement BNPL Before your customers can see the sought-for BNPL payment option on your booking website, you have to go through a few essential stages.

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