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

AltexSoft Travel

Online travel agencies are some of the youngest players in the travel market. Since their appearance in the 90s, they flipped travel distribution, became hotels’ biggest enemies , and changed how people research, plan, and buy their trips. What is the Online Travel Agency? But let’s start with the basics.

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Railway Reservation System: How to Drive Online Train Bookings

AltexSoft Travel

Unfortunately, railways are not integrated into the travel ecosystem as airlines, hotels, rental cars, or even cruises are. Visit some of the largest online travel agencies such as Expedia or Booking.com that dominate travel distribution on the web and you won’t find rail reservations there. Online travel agencies.

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Airline Ticket Fraud and How Big Companies Avoid It

AltexSoft Travel

Last year, according to Amadeus research , almost 40 percent of all tickets were sold online. How online criminals commit fraud most often. What online companies can do to prevent fraud. By the end of next year, online booking is expected to account for more than half of all ticket bookings. Billion in 2011 to $32.39

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How content accuracy and consistency impacts revenue: A Q&A with Fred Bean

Leonardo

The demand to travel is building, and potential travelers need to trust that the information they’re finding online is up to date with the latest information at their destination. Keeping travel channels up to date has long been a pain point for hoteliers—now more than ever with limited resources and narrower margins.

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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. Online and mobile presence.

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Expedia Partner Solutions for Travel Agencies: Expedia TAAP, Templates, and EPS Rapid API

AltexSoft Travel

So here are the three main partnership solutions Expedia Group offers: Expedia Travel Agent Affiliate Program aka agent tools. Expedia TAAP: booking tools for travel retail agents. Through Expedia TAAP travel agents can book the following services: 600K+ accomodations. Expedia Group members.

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Virtual Credit Cards in Travel: How to Secure B2B Payments Between OTAs and Suppliers

AltexSoft Travel

To better understand the protection mechanism, let’s look into one of the possible flows where an online travel agency (OTA) uses a virtual credit card (VCC) to pay the room price to a hotel. A traveler books a room for two nights via OTA and provides credit card information to pay $100 for the stay.

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