Travel Tech Expert Breaks Down Launching an Online Travel Agency

Andrey Chebotarov, Travel Technology Practice Leader at AltexSoft, answers Online Travel Agency questions, namely:
0:00 Intro
0:12 How to start an online travel agency?
3:23 What is a booking engine?
4:52 What are travel agency back-office procedures?
6:25 How do online travel agents make money? What are the main revenue streams?
8:16 How do I find suppliers?
10:09 How do I acquire clients?
Read more in our blog:
1) Understanding the Online Travel Agency Business: Partners, Building Blocks, How to Grow www.altexsoft.com/blog/online...
2) Online Travel Agency Analytics: Data-Driven Approach to the Best-Cost Strategy www.altexsoft.com/blog/online...
3) 8 Mistakes Online Travel Agencies Make and How to Avoid Them www.altexsoft.com/blog/busine...
4) Marketing for Travel Agencies: Understanding and Surviving in the Online Travel Industry www.altexsoft.com/blog/travel...
5) 6 Strategic Decisions to Make When Building an Online Travel Agency www.altexsoft.com/blog/busine...
Learn more about AltexSoft: www.altexsoft.com
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Music by Epidemicsound.com

[@damienk7156]

is an OTA a domestic entity or can it do business internationally, can an ota sell its travel products to international customers ?

[@Majedmouslly-hj3ku]

Hello, I am building a website similar to a booking platform and want to integrate it with Amadeus. Which integration option is better: self-service or enterprise? Additionally, could you provide information on the cost of an enterprise subscription?

[@jimmyobin8789]

Is LONDON ONLINE TRAVEL AGENCY SERVICES LEGIT AND IS REGISTER TO POEA.?

[@user-pl1hn7rk8q]

Hi :) May I know the name for white label please thank you

[@maae912]

Thanks

[@MeriemM94]

Im building an OTA app or website. How can I integrate a booking engine with Bubble or Webflow ?

[@AltexSoft]

Hi. They have APIs to connect to external applications, so you better check and try it

[@beba2620]

Can i found this in a book or website?
I do need this

[@AltexSoft]

Check our articles:
1) www.altexsoft.com/blog/online-travel-agency-business/
2) www.altexsoft.com/blog/booking-engine-software/
3) www.altexsoft.com/blog/travel/managing-an-online-travel-agency-how-back-office-system-of-an-ota-works/
4) www.altexsoft.com/blog/engineering/airline-flight-booking-apis-gdss-specialized-data-providers-otas-and-metasearch-engines/
5) www.altexsoft.com/blog/hotel-api/
6) www.altexsoft.com/blog/airline-consolidator/
7) www.altexsoft.com/blog/bed-banks-hotelbeds-travco-bonotel-hotelspro/
8) www.altexsoft.com/blog/travel-agency-marketing/

[@beba2620]

@@AltexSoft thank you very much

[@johnhumbleton2944]

Hello Alex i am looking for a CRM for my company.

[@AltexSoft]

Hi!
You may contact us by email [e-mail]

[@saadmahmud14]

Hello,
How much it would cost to develop an online travel agency website?

[@AltexSoft]

Well, there are quite a few factors that may affect the cost of OTA development, namely:
1) a business model;
2) the number of product lines (flights, hotels, cars, tours, yachts, insurance, etc.);
3) the number of suppliers;
4) advanced business logic when it comes to things like search, pricing, or anything else;
5) development of any mobile apps apart from a website;
6) support of any loyalty programs, personal accounts, etc.;
7) back-office for booking management and business management;
8) development of any marketing and sales tools (support of marketing campaigns, integrations with meta search engines, etc.);
9) availability of BI solutions.
A super simple OTA solution, which is developed on a ready-made white-label booking engine, can be relatively cheap. Speaking of a fully-fledged OTA, it’s unlikely to cost less than $1 Million. And that’s not even with all the above-mentioned modules. Large-scale OTAs are much pricier as it takes years and hundreds to thousands of software engineers to build them.
It's worth remembering that every project is unique. You can reach out to us ([e-mail]) with your ideas and requirements and we will provide you with approximate estimates.