AltexSoft Travel

NOVEMBER 24, 2021

Sabre and other GDSs act not only as wholesalers of travel services. They also provide a wide range of technologies to streamline business operations. In the US, four states have their unique Seller of Travel (SOT) Laws and licensing — namely, California, Florida, Washington, and Hawaii. many other industry-specific notions.

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AltexSoft Travel

MARCH 24, 2022

Currently, there are four main areas where hotels experience shortcomings with their payment technology. Modern fraud detection technology, as well as security practices, allow you to minimize that risk with low added complexity. Complying with complex and constantly changing regulations. Hotel payments challenges.

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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

MAY 26, 2022

It is a complex process that involves many systems, interactions, and regulations. If you want to compare offers from numerous airlines or plan a multi-leg itinerary, Online Travel Agencies (OTAs) are what you need. Ticketing is not only complex but also a highly regulated process. How OTA booking engines work. Ticketless model.

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AltexSoft Travel

MARCH 13, 2020

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. International flights vs domestic flights. Source: TripPro.

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AltexSoft Travel

JUNE 21, 2022

This is a foundational problem a travel agency must solve to successfully operate. Suppliers, their types, and underlying contracts define revenue management, technology, and a business niche that the agency targets. dynamic packaging (when travelers can choose the package components themselves). Direct supply and integrations.

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AltexSoft Travel

JULY 30, 2021

This article explains the complexities of old approaches and navigates through modern technologies addressing challenges of legacy agreements. Key partnership frameworks in aviation were designed decades ago, in the era of large state-owned airlines and regulated fares. Technological obstacles. Steps of interline booking flow.

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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. Long answer is as follow: To be able to use innovative technologies and create personalized content. To make deployment of new technologies easier.

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AltexSoft Travel

FEBRUARY 15, 2022

It involves modifying content considering local regulations and cultural differences – and at the same time preserving the company’s tone of voice and brand integrity. Some well-known examples of advanced platforms based on machine learning technology are Google Translate , Amazon Translate , and Microsoft Translator.

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Website Travel Travel SEO 52

AltexSoft Travel

SEPTEMBER 3, 2020

Having worked with numerous travel businesses , we can tell that we know a thing or two about building and growing a successful online travel agency. Here we will talk about the ins and outs of the industry, from increasing your inventory to getting the right technology and staying above the competition. How OTAs work.

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AltexSoft Travel

FEBRUARY 9, 2023

So when choosing a provider, it makes sense to prioritize the ones that have your payment technology among their partners. Merchants also have to meet certain requirements to qualify – which is understandable since all financial institutions are required to adhere to KYC/AML regulations. But worry not.

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