AltexSoft Travel

SEPTEMBER 3, 2020

Bed banks or wholesalers. These industry players buy hotel rooms in bulk and sell them to OTAs, travel agents, or even airlines. Here’s more info on the largest bed banks and how OTAs can work with them. Online Travel Agency building blocks and technology. Global Distribution Systems (GDS). Technology.

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AltexSoft Travel

MAY 29, 2023

IATA accreditation for air travel: IATA vs IATAN vs TIDS International Air Transport Association or IATA is a global trade association of airlines that develops standards and practices for the aviation industry. IATA accreditation exists to verify travel agencies and control the revenue flow, and it’s accepted worldwide. How to apply?

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AltexSoft Travel

MAY 26, 2022

The first step is the flight search that can happen on different platforms — airline web pages, online travel agencies, or metasearch engines. After the airline generates a booking confirmation number, the GDS provides a travel agent with the flight information to issue an itinerary receipt and send it to the end consumer.

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AltexSoft Travel

NOVEMBER 6, 2020

With the help of the channel manager that we discuss below, it distributes the hotel information to various sales channels, such as GDSs , OTAs , independent travel agents, and its own website, synchronizes reservations, and processes transactions. Nowadays there is a multitude of search engines and platforms to find accommodation.

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AltexSoft Travel

AUGUST 26, 2020

The APIs by key global distribution systems, the main players on the travel distribution market. Connectivity with key bed banks that purchase rooms in bulk. Sourcing inventories of the largest online travel agencies. It originated from the airline industry and slowly tried to capture adjacent travel segments.

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AltexSoft Travel

MAY 8, 2020

By customer interfaces we mean a travel provider’s website, mobile application, or chatbot that links with a booking engine via an API layer , enabling consumers to search and book flights, hotel rooms, holiday packages, insurance, and other travel products. Corporate or B2E booking engines for TMCs and business travelers.

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AltexSoft Travel

SEPTEMBER 9, 2019

If you’d like to save time and the headache of making separate agreements with each inventory supplier, here’s a way out – partner with a travel inventory aggregator – be it a global distribution system (GDS), a bed bank, or a big OTA. Expedia TAAP: booking tools for travel retail agents. Template solutions.

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AltexSoft Travel

DECEMBER 10, 2019

This approach led to the uprising of the second generation platforms which essentially amount to a patchwork of integrations, not always correctly synced and perfectly adjusted. Retailing platform. And the first step to this goal is turning websites and mobile apps into intelligent eCommerce platforms. Airline inventory system.

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AltexSoft Travel

MARCH 23, 2022

A tour operator is a travel company that devises the trip, books its components, markets it, and sells to travelers or travel agents. In addition, the travel industry is complex and highly competitive, so to keep up with the market, you have to use the most efficient tools to support your back-end operations.

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AltexSoft Travel

JANUARY 13, 2022

Alternative accommodation platforms are new players in the travel distribution field. It’s important for an AA platform to build solid connections with channel managers to drive more listings to the site. Platforms like Google, Kayak and TripAdvisor are many OTAs’ main sources of traffic. Wholesalers/bedbanks.

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AltexSoft Travel

JULY 24, 2023

A traveler books a room for two nights via OTA and provides credit card information to pay $100 for the stay. The OTA authorizes the payment with its acquiring bank. It takes up to seven business days to process a paper-based check which must be physically delivered to the bank. With a bank transfer, you don’t have that.

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AltexSoft Travel

JUNE 21, 2022

A short video about what API connectivity in travel is about. Travelers often turn to travel agents instead of airline websites to compare options, get better deals, or book several flights from different airlines in one place. Though today, travel agents turn to them for a wider range of travel products.

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AltexSoft Travel

MAY 30, 2023

Travel business and PCI DSS compliance levels In 2017, the International Air Transportation Association (IATA) officially supported the initiative declaring that their internal electronic system — Billing and Settlement Plan (BSP) — is compliant with PCI DSS. Yet, this step is risky from a security point of view, so it’s better to avoid it.

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AltexSoft Travel

NOVEMBER 24, 2021

A leading global distribution system in North America, Sabre leverages the content from airlines, hotels, car rentals, and other travel suppliers across the world. Instead of connecting with thousands of vendors separately, an online booking platform can integrate with just one GDS — and tap into the almost exhaustless source of information.

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AltexSoft Travel

FEBRUARY 15, 2022

We’ve touched on the topic of website localization earlier, and in this article, we want to dive deeper into the technicalities of an adaptation process and share our experience of adjusting travel platforms to foreign markets. But first, let’s briefly recap the basics. What is localization and how to approach it? localizing payments.

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AltexSoft Travel

MARCH 24, 2022

But B2B payments are just as important – those are the payments between a hotel and its partners such as online travel agencies (OTAs) , travel agents, travel management companies (TMCs) , corporates, and so on. So, it’s not uncommon for these intermediaries to use a mix of agent and merchant models. Bank transfer.

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AltexSoft Travel

JUNE 25, 2022

There have been numerous cases when travelers have been sold counterfeit airline tickets, hotel rooms that don’t exist, false vacation packages, and car rentals from fake vendors. The fake platforms are well-made and have the look and feel, logo, and features almost identical to the original ones. What to do to prevent fraud?

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AltexSoft Travel

FEBRUARY 9, 2023

Many big lenders come preconnected with major eCommerce platforms, point-of-sale providers, and payment gateways. To add Klarna’s service is easy if you use the platform of one of its eCommerce partners (which probably isn’t your case since travel businesses rarely build Shopify websites) or Stripe. fee for each transaction.

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