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

AltexSoft Travel

Every industry has its own regulator – an authority that sets standards and improves the cooperation inside. The air travel industry is no exception. Its main goal is to regulate distribution-related activities in airlines and commercial aviation such as fare calculations, revenue allocation, and baggage rules.

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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. International flights vs domestic flights. Source: TripPro.

Airlines 113
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Airline Reporting Corporation: ARC Accreditation Options and Steps to Get It

AltexSoft Travel

So, ARC or Airline Reporting Corporation is a company that regulates and handles transactions between airlines and US-based travel agencies. ARC uses modern technologies to gather travel data and offers a number of solutions to support travel agencies’ business intelligence , analytics, and reporting processes.

Airlines 115
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IATA Explained: The Role of International Air Transport Association in the Aviation Industry

AltexSoft Travel

In 2016, the McLaughlin-Sherouse List was published, which ranked all industries in the US according to RegData’s Industry Regulation Index showing the most regulated ones. So, let’s talk about IATA – one of the main regulators of the aviation industry. Source: Fine Art America. What is IATA? IATA’s mission and main purposes.

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Experiential Travel Explained: Players, Distribution Landscape, and Opportunities

AltexSoft Travel

Now that we’re done with the basics, let’s talk about how businesses can actually help adventure-seeking travelers plan and organize the vacation of their dreams. Experiential travel ecosystem: business models, distribution, technologies, and representatives. Technologies. Technologies. Technologies.

Travel 105
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Airline Ticketing: Key Functions, Steps, and Players Involved

AltexSoft Travel

It is a complex process that involves many systems, interactions, and regulations. If you want to compare offers from numerous airlines or plan a multi-leg itinerary, Online Travel Agencies (OTAs) are what you need. Ticketing is not only complex but also a highly regulated process. How OTA booking engines work. Ticketless model.

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

AltexSoft Travel

Having worked with numerous travel businesses , we can tell that we know a thing or two about building and growing a successful online travel agency. Here we will talk about the ins and outs of the industry, from increasing your inventory to getting the right technology and staying above the competition. How OTAs work.

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