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Shifting shape of corporate travel: Sabre  

Travel Daily Media

The post Shifting shape of corporate travel: Sabre appeared first on TD (Travel Daily Media) Travel Daily. Four-fifths of respondents have adopted new technological solutions to manage Covid-19 related risk over the past two years. And, of those who haven’t, 42% plan to do so within the next two years.

Travel 102
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How Hospitality Brands are Using Chatbots

AltexSoft Travel

In April of 2016, social media giant, Facebook launched a chatbot service that acts like a virtual assistant allowing businesses to provide automated customer service, deliver content, and come up with an interactive experience to their customers. These chatbots simulate a more human-like experience of talking to a travel agent.

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

AltexSoft Travel

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. Travel agents can book inventory via a booking website. Travel ancillaries.

Banking 25
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Revenue Integrity in Airlines: How to Solve Revenue Leakage Problems

AltexSoft Travel

Often created by travel agents and customers (both accidentally and not), these holes account for about 3 percent of the airline’s revenue. In this article, we explain when revenue leakage happens in airlines and how revenue managers can mend these holes. ADM management costs. Couldn’t be more relevant, right?

Airlines 124
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Airline Reporting Corporation: ARC Accreditation Options and Steps to Get It

AltexSoft Travel

Personnel — there must be a designated agency manager and an ARC Specialist in your office (it can be the same person). billion on business travel every year, so having an in-house travel program is an effective solution to managing corporate travel expenses. There’s also a $2,300 application fee to be paid.

Airlines 115
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Hotel Booking APIs: Wholesalers, Channel managers, and GDS

AltexSoft Travel

The APIs by key global distribution systems, the main players on the travel distribution market. Channel manager APIs. Sourcing inventories of the largest online travel agencies. It originated from the airline industry and slowly tried to capture adjacent travel segments. Booking, managing reservations, cancellations.

Booking 85
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How to Build a T&E Policy: Best Practices

Hotel Engine

T&E policies are an essential factor in the expense management process. For example, don’t allow senior management level executives to fly first class and insist that all other employees fly coach. Besides CFOs and travel coordinators , this committee can include members from departments, such as: Accounting. Keep it Fair.