A Central Reservation System (CRS) is a computerized system used to store and retrieve information and conduct transactions related to a hotel, airline, car rental, or activities. A CRS is a foundational technology in the airline industry, as it stores and distributes flight schedules, fares, and seat availability to travel agents, as well as online travel booking sites and other distribution channels.
The CRS is very important as it helps to facilitate smooth inventory transactions between suppliers (the airlines) and distribution channels (online travel agencies, GDS or corporate travel systems) in real-time.
Key Functions of CRS
1) Inventory Management
Maintains and updates the seats available for flight, fare classes, and flight schedules for all sales channels connected.
2) Reservation Handling
Enables booking, change, and cancellation of reservations while keeping an accurate balance of seating availability.
3) Fare Distribution
Distributes fares and rate information supplied by airline fare/pricing content providers to multiple distribution channels.
4) Real-time Synchronization
Real time integrated inventory and availability update at all points of sales to prevent overbooking and inconsistencies.
5) GDS and Booking Engines Integration
Integrates with GDS (Global Distribution Systems), OTAs (Online Travel Agencies), and flight booking engines, facilitating airlines to go global to sell their inventory.
Advantages and Disadvantages to Central Reservation System
Airline-Focused CRS Features
Applications of CRS in the Airline Industry
CRS vs. GDS vs. Booking Engine
Example of Leading CRS Providers
These are used by the airlines around the world to run booking and distribution.
Future of CRS
Through the evolution of AI, NDC (New Distribution Capability), and automation, the CRS platforms are becoming more intelligent and dynamic. Airlines are embracing holistic solutions where their CRS, booking engine, and customer experience platform are integrated to drive greater efficiencies and revenue opportunities.