Remove Automation Remove Travel Agent Remove Website
article thumbnail

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.

Banking 25
article thumbnail

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. Benefits of partnership with air consolidators for airlines.

Airlines 113
MICE professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Central Reservation System for Hotels: CRS Functionality and Software Explained

AltexSoft Travel

Among that, 40 percent of the reservations are made via Booking.com, 32 percent — via other aggregators, and 21 percent — through a hotel’s website. A booking engine is a software that is integrated on the hotel’s website and social media pages that helps customers book, pay for, and manage their stay directly.

article thumbnail

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. If you operate a travel business, you most likely deal with multinational customers, and it’s crucial for you to localize your content and services and make them more understandable. And it works.

Website 52
article thumbnail

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

AltexSoft Travel

What is the Online Travel Agency? 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. How OTAs work.

Online 72
article thumbnail

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.

article thumbnail

Booking and Ticketing for Non-IATA Travel Agencies

AltexSoft Travel

For a fee, consolidators will act as ticketing partners for non-IATA agents and issue tickets on their behalf. For most non-IATA travel agents, consolidators are easiest and most effective way to handle ticket issuance. Automated ticketing – more commonly, PNRs are ticketed automatically. Ticketing with a consolidator.

Booking 69