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Bed Banks: Comparing Accommodation, Travel Ancillaries, Connectivity of Hotelbeds, Travco, Bonotel, HotelsPro, and WebBeds

AltexSoft Travel

One of the ways to get a diverse inventory portfolio is to partner with a bed bank. What is a bed bank? A bed bank (also called a wholesaler ) is a B2B company that purchases rooms from accommodation providers in a bulk at a discounted, static price for specific dates and sells them to OTAs, travel agents, airlines, or tour operators.

Banking 25
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From Matchmaking To Content Creation: How AI Is Revolutionizing Event Planning

Endless Events

Automate Attendee Help and Communication Chatbots are all the rage for automated communication, especially for online events. Most chatbots pull answers from an FAQ bank to answer basic questions, but if your attendees have more complex queries, a traditional chatbot will likely leave them high and dry.

MICE professionals

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Hackathon Points to More Biases in Twitter Algorithm

Convene by PCMA

As part of this year’s AI Village — a “community of hackers and data scientists working to educate the world on the use and abuse of artificial intelligence in security and privacy,” as the group says on its website — researchers competed in the tech industry’s first-ever algorithmic bias bounty contest , sponsored by Twitter.

Proposal 115
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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. Localization means adapting a website or other digital product for a new region. Website architecture: language settings, domain strategy, and web design nuances. And it works.

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Metasearch in Hospitality: an Overview of Hotel Search Engines

AltexSoft Travel

Listing your property in metasearch websites and investing in a marketing campaign can help increase visibility and attract more direct bookings. We’ve already described the main distribution channels : GDSs , OTAs , and bed banks. You don’t want your guests to be confused with different rates on the metasearch and your own website.

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

AltexSoft Travel

Online Travel Agency or OTA is a website (or app) specialized in selling travel services to customers. Travelers can go directly to the hotel’s or airline’s website but around 44 percent of people go to OTAs to compare prices and see the whole pool of options. Bed banks or wholesalers. But let’s start with the basics.

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How To Choose the Best Online Registration Software – The Ultimate Guide

Eventtia

The software ensures that this process is automated and user-friendly. An efficient system that doesn’t break the bank yet meets all your needs is the ideal. Automated emails can streamline this process and ensure attendees receive timely, relevant information. You should also be able to create and manage discount codes.