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Airline Reporting Corporation and IATA Billing and Settlement Plan: How they Work

AltexSoft Travel

Things are quite confusing here and nascent travel agents can easily get overwhelmed with understanding what’s IATA, how IATAN is different, why ARC number is the same as IATAN number… And a whole lot of other questions. Sounds complicated, but in plain English, BSP is a payment mediator between airlines and travel agents.

Airlines 126
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Bed Banks: Comparing Accommodation, Travel Ancillaries, Connectivity of Hotelbeds, Travco, Bonotel, HotelsPro, and WebBeds

AltexSoft Travel

The online booking business is as good as the inventory it has, so finding the best rooms for the best price is the most important task. With these APIs, external developers can integrate their mobile apps and websites with the wholesaler’s products accessing up-to-date availability and rates data. What is a bed bank?

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Airline Consolidators Overview: Their Role, Advantages, and Key Players

AltexSoft Travel

Our article explains why services of airfare wholesalers are still sought-after, what problems they solve, and how their air offerings differ from standard fares you can find online. 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.

Airlines 113
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Avian: How a startup is making life better for travel agents all around the world

Travel Daily Media

The post Avian: How a startup is making life better for travel agents all around the world appeared first on TD (Travel Daily Media) Travel Daily. We asked, specifically, how will TA’s be incentivised to use new products and distribution methods. This has become a very big problem.

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India to participate in WTM London

Travel Daily Media

“A total of 16 stakeholders, including from state governments, other central ministries, Confederation of Indian Industry (CII) as the industry partner, DMCs, tour operators, hoteliers, travel agents, online travel agents, facilitators of medical value travel are participating as co-exhibitors in the India Pavilion,” the ministry said.

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

AltexSoft Travel

IATA and Travel Agencies. Today, IATA decides who and how should distribute air travel products. It supervises travel businesses by suggesting standards. For instance, IATA codes are used everywhere where traveling and aviation intersect. Read through the Travel Agent Handbook. Let’s figure these out.