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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. Private airfares vs published airfares: the core differences.

Airlines 113
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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. Travel agents can book inventory via a booking website. seconds.

Banking 25
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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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Airline Ticketing: Key Functions, Steps, and Players Involved

AltexSoft Travel

For a passenger, who buys the flight via a website, it may seem like a single flow since everything goes so smoothly and fast. The first step is the flight search that can happen on different platforms — airline web pages, online travel agencies, or metasearch engines. Instead, they redirect a user to the airline website or OTA.

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Booking and Ticketing for Non-IATA Travel Agencies

AltexSoft Travel

For a fee, consolidators will act as ticketing partners for non-IATA agents and issue tickets on their behalf. For most non-IATA travel agents, consolidators are easiest and most effective way to handle ticket issuance. Ticketing with a consolidator. Work with a host agency. Conclusion.

Booking 69
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New Distribution Capability (NDC) for Airlines: Key Providers and Implementation Scenarios

AltexSoft Travel

This is the information you can act upon – customize offers to meet the exact, known needs of each traveler. Unlike EDIFACT, able to submit only fares and schedules to OTAs, the NDC standard allows for delivering comprehensive flight information to travel agents. Rich content integration. Order management.

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Connecting Flights: Virtual Interlining Benefits and How to Seize Them

AltexSoft Travel

Otherwise, the carrier for this role is typically selected by a travel agent. On a passenger’s or travel agent’s request, the GDS or PSS builds an itinerary. This removes the necessity to build your own website (if you still don’t have it) or modernize an old and clunky one. Steps of interline booking flow.