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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. CacheAPI – Files Service to access product, prices, and inventory data from a client.

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Host Travel Agencies: Why You Need Them and How to Choose the Best Option

AltexSoft Travel

“A host travel agency is an accelerator,” — explains the idea Ernesto Sigg Rodríguez, Chief Commercial Officer at Fitbooktravel , that provides technology consulting services for online travel businesses. “As As a travel agent you want to run your business, but you need resources that you can’t afford alone.

Affiliate 111
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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.

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Timatic by IATA: Travel Requirements Database, Explained

AltexSoft Travel

Timatic allows airlines, airport staff, and travel agents to fulfill two tasks: check if the passenger is valid for travel and prevent immigration fines and expenses associated with returning incorrectly-boarded passengers to the airport. providing passengers with travel rules at the time of booking.

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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.

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How to Choose a GDS: Amadeus vs Sabre vs Travelport

AltexSoft Travel

GDS is one of the first abbreviations you learn in the travel business. Global Distribution Systems are responsible for providing booking websites with unified access to a massive inventory of flights, hotel rooms, car rental companies, cruises, and much more. What is a GDS? The price also varies, depending on duration and complexity.

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BLOG – DISCOVERY SERIES: PRODUCTIVITY

Open Destinations

More recently, we discussed how we are able to deliver the peace of mind through our experience and proven processes in travel and travel technology. The fourth and final area of focus is that of productivity. The Itinerary Builder arms tour operator and DMC sales teams with a powerful productivity-boosting tool.