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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.

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How to Get IATA Accreditation for Travel Business: Options and Steps to Take

AltexSoft Travel

IATA-certified agents must commit to an industry ethical codes and meet the general industry procedure standards. Working as an IATA agent also means including the IATA logo and branding on travel agents’ premises and websites. Read through the Travel Agent Handbook. Credibility. Let’s have a look.

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Hotelbeds API Integration: Hands-on Experience with a Leading Bed Bank

AltexSoft Travel

What is Hotelbeds: Key things to know Hotelbeds is the largest bed bank in the hospitality sector that provides an extensive listing of accommodations and other travel offerings worldwide. Alternative methods like website bookings, widgets, and white-label solutions are available for those not looking for direct API integration.

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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. 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.

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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.

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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.

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Experiential Travel Explained: Players, Distribution Landscape, and Opportunities

AltexSoft Travel

Tour operators are travel companies that devise itineraries, create corresponding multi-component tour packages, sell them to travel agents or travelers, and make sure everything goes well from the start to the end of the trip, having full responsibility to the traveler. Tour operators: providing turn-key services.

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