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Lightcast Skills Taxonomy

Global Distribution Systems

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Global Distribution Systems refer to computerized networks that facilitate the distribution and management of travel-related services, such as airline tickets, hotel reservations, and car rentals. This skill encompasses the understanding of...

Skills CategoryHospitality and Food Services
Skills SubcategoryTravel and Tourism
Skills TypeSpecialized Skill
Specialized Tags-

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Corporate Travel Management

Corporate Travel Management refers to the process of planning, organizing, and overseeing travel arrangements for employees within an organization. This skill encompasses the ability to negotiate with travel service providers, manage travel budgets, and ensure compliance with company travel policies. Knowledge of Corporate Travel Management is used to optimize travel itineraries, enhance employee satisfaction, and control travel-related expenses while maintaining efficiency and safety during business trips.

KPI Management involves the ability to define, measure, and track Key Performance Indicators (KPIs) to assess the effectiveness of a company's operations or processes. It requires understanding of business goals, strategic planning, data analysis, and performance monitoring. This skill also includes setting realistic targets, identifying areas of improvement, and implementing strategies to achieve desired outcomes. Proficiency in KPI Management often involves strong analytical, decision-making, and communication skills.

Opera is a web browser developed by Opera Software. It is known for its speed and customizability, and comes with a variety of features such as built-in ad blocker, VPN, and battery saver mode. It is available for multiple platforms including Windows, macOS, Linux, iOS, and Android. Opera also supports extensions and allows users to synchronize their data across devices using Opera Sync.

Sabre (Computer System) refers to a global distribution system used primarily in the travel and tourism industry for booking airline tickets, hotel accommodations, and car rentals. This skill encompasses the ability to navigate and utilize the Sabre platform to access real-time travel information, manage reservations, and facilitate transactions. Knowledge of Sabre (Computer System) is applied to streamline travel operations, enhance customer service, and optimize travel planning processes.

Yield management is a complex technique used in pricing and inventory management to increase revenue and profitability, by adjusting prices based on supply and demand fluctuations. It involves sophisticated algorithms and specialized skill sets to optimize revenue from perishable inventory, such as hotel rooms or airline seats, and requires continuous monitoring and adjustment based on market conditions. Yield management is widely used in the hospitality and travel industries but can be applied to any business where pricing and inventory management are critical to success.

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This skill is part of the Lightcast Skills Taxonomy, a library of over 35,000 job related skills. It is the standard used by higher education institutions, public sector organizations and Fortune 500 companies around the globe.

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