Hotel APIs/Hotel XMLs are web services provided by the leading hotel aggregators like GTA, Hotelbeds, Agoda, Expedia, Hotelspro, DOTW, RoomsXML and several others alike. Hotel APIs provided unrestricted access to huge hotel inventory compiled by hotel consolidators. Online hotel booking system is a term for web application offering the seamless ability to search and book hotels online. It covers a range the entire range of hotel / rental business, connected or non-connected with hotel aggregators. It is currently one of the most important part of online travel industry as online hotel booking systems are generating all the high bookings worldwide. Hotel booking systems are also having advantage because of its absolutely convenient due to its 24-hour availability, global reach and generally efficient customer service.
Hotel booking system is basically of two types, B2C – which is focused towards end customers and B2B – which is focussed towards travel agents. Travel industry today operates in all four of the major market segments: business to business, business to consumer, business to corporate and white-label. Hotel booking system can be thought of as a more advanced form of global hotel catalog, where in user can search, check images, check pricing and do the booking online.
Setting up an online hotel booking system can be done in following two ways:
- Hotel Booking System with Hotel APIs
- Hotel Booking System with Self Contract Inventory (Hotel CRS/Hotel Extranet)
Hotel booking systems have expanded rapidly over the past five years and is predicted to continue at this rate, or even accelerate. Carrying out hotel booking transactions electronically provides numerous competitive advantages over primitive methods. More over, the hotel inventory, which is one of the most important components of any hotel booking system, is accessed through hotel APIs, which have global data. When implemented with several hotel APIs, online booking system becomes faster, cheaper and more convenient than the traditional methods of bartering goods and services.
Hotel Booking System with Self Contract Inventory (Hotel CRS/Hotel Extranet)
Hotel booking systems with self contracted inventory are implemented more, for a specific geography. For example any travel company having several hundred hotel contracts in Dubai, will go for this model rather than going for hotel APIs. The commission in this model is more than the API model.
GTA Travel, Hotelbeds, Hotelspro, Tourico, Travco, Expedia, DOTW, Bonotel and several other hotel aggregators are providing the best-in-class hotel inventory with good rates.
Author is a travel technology expert and has been involved in several travel portal development projects.