Travel technology, which is also referred as e-travel platforms specially developed for the travel and tourism vertical. Travel technology is about designing and implementing the ecommerce solutions in the travel & tourism industry.
IATA NDC - New Distribution Capability is a travel & hospitality industry-supported program launched by IATA for the development, growth and adoption of new XML-based data transmission standard, which is called NDC standards today. This was started in 2012 by IATA to replace the old EDIFACT, which global distribution systems rely on. EDIFACT can only display information such as fares and schedules and need an upgrade to meet the new global standards.
To find top travel technology companies, you must point towards product development companies. These companies must have strong vertical experience in GDS, APIs integration along with understanding of business models like B2C, B2B, corporates and white label. You can also ask about top 5 projects and review the features and functionalities. Talk to existing clients about their ROI as well.
Travel GDS provides a single point of access for consolidated travel inventory and pricing. Millions of agents access that data, process the bookings for their end customers at any given time. The information provided by travel GDS systems like inventory, rates, availability, details are in real time and thus it reduces the overall execution time per booking for travel agencies is less, which leads to higher revenues and profits.
A travel GDS system is a global network operating as an intermediary between airlines, hotels and other service providers with travel agents, DMCs, corporate travel management companies and travel distribution platforms. Travel GDS platforms consolidates the inventory, availability, pricing and will desired details and grants the access to agents, OTAs, IBEs and other channels.
One of key prerequisites of travel GDS integration on your website is IATA accreditation (or ARC, if you are in United States). If you are an IATA agent, you can apply for any of top GDS systems like Amadeus, Travelport or Sabre. Once you receive your test credentials, hire a professional travel portal development company to integrate the GDS web services on your booking platform. Once the integration is done, you can proceed for live certification to make it live.