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Maximizing Your Vacation: The Many Hats of a Travel Agent

Traveler's Q

This is where the role of a travel agent comes in handy. A professional travel agent is specialized in creating customized itineraries for clients, meeting their specific travel needs. A travel agent is a professional who can provide efficient and customized travel planning for a nominal price.

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Revenue Integrity in Airlines: How to Solve Revenue Leakage Problems

AltexSoft Travel

Even before the pandemic, the industry was going through a crisis, so airlines fought hard to track down and close every loophole. Often created by travel agents and customers (both accidentally and not), these holes account for about 3 percent of the airline’s revenue. Airline revenue leakage. Space churning.

Airlines 124
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Airline Consolidators Overview: Their Role, Advantages, and Key Players

AltexSoft Travel

Flight consolidators are brokers that book airline seats in bulk at discount rates and then resell them to travel agencies. Airline consolidator business model: how it works. Most of the large consolidators appeared in the 1970-1980s when airlines had more seats than they could ever sell via travel retailers.

Airlines 113
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Airline Reporting Corporation: ARC Accreditation Options and Steps to Get It

AltexSoft Travel

Whether your business is focused on selling airline tickets, package trips, or cruises, if you want to be acknowledged as a professional in the travel industry, you need to be certified. So, ARC or Airline Reporting Corporation is a company that regulates and handles transactions between airlines and US-based travel agencies.

Airlines 115
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New Distribution Capability (NDC) for Airlines: Key Providers and Implementation Scenarios

AltexSoft Travel

Today, airlines still use third parties for their flight distribution. Travelers still stick to comprehensive booking platforms like OTAs and price aggregators. Until the 2000s, airlines managed to maintain direct relations with travel agencies via Computer Reservation Systems (CRSs).

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Malaysia Airlines hosts first-ever trade elevation summit

Travel Daily Media

The post Malaysia Airlines hosts first-ever trade elevation summit appeared first on TD (Travel Daily Media) Travel Daily Media. Malaysia Airlines successfully hosted the first-ever Malaysia Airlines Trade Elevation Summit, the largest industry event of its kind in the country.

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How to Get IATA Accreditation for Travel Business: Options and Steps to Take

AltexSoft Travel

Its main goal is to regulate distribution-related activities in airlines and commercial aviation such as fare calculations, revenue allocation, and baggage rules. But how are IATA and travel agencies connected? Why do travel businesses that issue airline tickets have to be IATA-accredited? Airline ticketing.