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How Hospitality Brands are Using Chatbots

AltexSoft Travel

Chatbots have become one of the most significant trends of today’s eCommerce industry — an AI (artificial intelligence) platform that allows businesses to simulate the behavior of humans within a conversational environment. These chatbots simulate a more human-like experience of talking to a travel agent.

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Why Magnuson Hotels Switched to Leonardo’s Industry Leading Media Distribution Platform

Leonardo

P owerful direct integrations to major online travel agents . T he ability to feed and automate their direct booking channel on the Magnuson Hotels website. . Leonardo will be expanding their media distribution reach to our extensive network of third-party travel channels.

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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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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.

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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. Not always intentionally, but travel agents as well as passengers themselves can cause a bunch of revenue integrity problems for airlines. Sources of airline revenue leakage.

Airlines 124
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How to Build a T&E Policy: Best Practices

Hotel Engine

Some automate their T&E policy and track expenses digitally. Inform Your Employees of Where and How to Book Travel Plans. The policy should also include how and where to book travel arrangements. Automate Your Policy for Ease of Use. Hotel Engine lets you build policy limits right into the travel booking process.

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

AltexSoft Travel

Basically, with CTD accreditation, corporations act as travel agents and book directly with GDSs and airlines. They can also outsource the ticketing activities to a third party, i.e., a travel management company. Memo Manager is a tool for automating memo exchange and processing. Memo Analyzer for Agencies dashboard.

Airlines 115