Reservation System Software by PROVAB TECHNOSOFT.
The Travel agencies and the travel management companies has been implementing the concept of online reservation system. Implementation of online reservation software has added features like online hotel booking, online flight booking and online car-rental booking to the travel portals. Many may not be familiar with the concept of reservation system and reservation software.
What is reservation system software?
Reservation system software will let you accept bookings for your services online. It is a computerized system used to store and retrieve information and conduct transactions related to Air travel, Hotels, Car rental and many other activities. Originally designed and operated by airlines and was later extended for the use of hospitality, tourism and many industries. The reservation system facilitates consumers to access the system through internet gateways. It allows users to book hotel rooms, cars, airline tickets, railway reservations and bus reservations.
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Online reservation system has opened the doorways for agile business. It acts as a bridge to connect different geographies of the world for tourism industry and let buyers select and book the services online. All the information can be gathered and reviewed before the actual booking is made. Tourism and hospitality industries have endorsed the importance of reservation system software because internet penetration in global market and ease of use of this online booking system. There is a need to bring fresh ideas and new offerings to customers and realize technology driven business transformation initiatives for survival.
Major types of Online Reservation System:
Airline reservation system: The airline reservation system (ARS) was one of the initial initiative to improve efficiency of the aviation industry by consolidating the global airline data. Airlines use reservation system to fully manage their inventory and yield to maximize their profits. The airline reservation system also provide airline0 management, the assistance by addressing financial, administrative, back office issues, scheduling, and airline load data, decision support for control of overbooking, discount seat allocations, and yield management that can be used to adjust the number of special fare seats based on the number of reservations. Even airline ticket agents can access the reservation systems to make flight arrangements, view current reservations, and check passenger lists, as well as many other functions. Airline agents as well as travel agents can issue both paper tickets and e-tickets for a booking made on the system.
Hotel reservation system: A hotel reservation system, also known as a central reservation system (CRS) is a computerized system that stores and distributes information of a hotel, resort or other lodging facilities. This online reservation system for hotels, is an easy to operate, web-based internet reservation system used globally by a diverse range of accommodation providers, from the largest hotel chain to the smallest bed & breakfast reservation system is flexible enough to accommodate a wide range of requirements.
Railway reservation system: Technology has transformed many aspects of life in the 21st century, including the way many of us make train reservations. Reservations were never this convenient for travelers, online reservation system which helps us in booking tickets from the comfort of our homes or offices. It has made things easier, particularly for people residing in remote locations.
How does it benefit you?
Efficiency and availability are two key benefits. Efficiency, because the processes are defined clearly and availability, because reservation system software is available round o clock, being a web based tool.
Clients are happy because of no rush hour. Bookings, cancellations, vouchers, everything is online. It adds speed to your cash flow as payment gateways are the value added feature attached with these reservations booking system. The virtual set-up is to attract more customers, increase the number of reservations by giving immediate price quotation and availability information as well as instant booking confirmation. It also saves your employees time by automating a majority of tasks related to reservations.
Who uses it?
Reservation system is now being used from all the corners of industries. Be it a cinema hall to the traditional users, everyone are utilizing and implementing it to their core business. It is now important for us to accumulate valuable intellectual property through the work we do and to deliver complex business processes. Customers are now more sophisticated, more demanding and more service-hungry than ever before. Airline industries have been primary victim of this technology and have been delivering a good amount of customer service using the reservation system tools. Railways are the new entrants in business but making most of it and reaching the remote area was one of the objectives it had and has been achieved successfully. Perhaps Hotel industry is the one who redefined the online reservation system as it uses it extensively for online scheduling. Many markets have successfully introduced these systems in public transport departments and have been applauded for its success and this indeed has opened a path for new players. A new infant to the field is entertainment industry and it has adopted these tools to avoid the chaotic experience to consumers faced in early days.
Why hotel APIs are a key part of online hotel booking systems today?
To access wide array of online inventory, online hotel booking system is integrated with one or more Hotel APIs. An API is a set of functions, procedures or methods used by computer programs to request services from the OS, software libraries or any other service providers running on the system. Nowadays, there are various Hotel API providers available in the market like Expedia Hotel API, GTA API, Hotelbeds API, Hotelspro API, Travco API, and many more.
PROVAB TECHNOSOFT is an award winning travel technology company, delivering B2B / B2C travel software, travel CRM, accounting software, car rental software and mobility solutions to global travel & hospitality companies. We work with over forty top travel aggregators, global distribution systems, channel managers and DMCs. With clear focus on technology‚ agile methodology and innovation, we ensure quality deliverables and speedy turnaround to develop and deliver scalable travel portals and booking engines.