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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. International flights vs domestic flights.

Airlines 113
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IATA Explained: The Role of International Air Transport Association in the Aviation Industry

AltexSoft Travel

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.

MICE professionals

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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. Tour operators: providing turn-key services.

Travel 105
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Understanding Online Travel Agency Business: Partners, Building Blocks, How to Grow

AltexSoft Travel

These industry players buy hotel rooms in bulk and sell them to OTAs, travel agents, or even airlines. These computer networks dominate the travel distribution and store inventories, schedules, and fares for all types of services: from hotels to ferries. Online Travel Agency building blocks and technology.

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Travel Agency Inventory System: Main Sources and Management Aspects

AltexSoft Travel

dynamic packaging (when travelers can choose the package components themselves). Such functionality requires specialized technology solutions and a set of business rules that regulate the process and make it convenient for a customer and profitable for you. A short video about what API connectivity in travel is about.

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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. 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. And it works.

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