Direct Travel to Monitor Airfare Price Changes and Capture Immediate Savings for Customers
SEATTLE – October 15, 2018 – Direct Travel, Inc., one of the top travel management companies in the U.S., and Yapta, the leader in airfare and hotel price tracking services, have announced an agreement to make Yapta’s Intelligent Price Tracking technology available to all Direct Travel corporate customers. After a successful launch with select clients, Direct Travel has now made the price tracking solution available to all customers.
Direct Travel clients that utilize Yapta’s FareIQ product will be able to automatically monitor travel itineraries for drops in airfare prices and then rebook flights at lower prices to reduce corporate travel costs.
“The dynamic pricing and yield management systems used by travel suppliers make it very difficult for today’s corporate travel managers or their business travelers to secure the best available price,” said Darryl Hoover, Chief Technology Officer for Direct Travel. “By partnering with Yapta, we’re able to assure our clients the very best price on all air bookings by identifying when prices drop and quickly acting on the opportunity to rebook and save.”
Companies adopting FareIQ, Yapta’s airfare price tracking solution, see an opportunity to save on more than 11 percent of all air itineraries, with an average identified savings of $260 per ticket. Any savings identified by FareIQ on behalf of its customers are over and above any airline-imposed change fees and agency re-booking fees, ensuring customers see true value to their bottom line.
Yapta also provides Direct Travel clients a web-based savings dashboard, making it possible for them to observe their airfare tracking program on a 24/7 basis. Utilizing the dashboard, travel managers can quickly identify important pricing trends across airlines, key markets, and class of service. They can also compare negotiated and public fares, and capture valuable insight on refundable and non-refundable fares, void window savings, and both domestic and international flights. Data is summarized by supplier, by origin and destination, and by top markets.
“Airfare price monitoring is a best practice that corporate travel managers and TMCs must be exercising as part of their program,” said James Filsinger, President and CEO of Yapta. “Direct Travel is now equipped with the most comprehensive and effective airfare monitoring solution in the travel industry, opening the door to significant savings for its clients. We look forward to serving the companies that work with Direct Travel and helping them achieve the most value for their travel dollar.”
For more information about Yapta’s airfare and hotel price tracking technology, please visit www.yapta.com.
Yapta’s mission is simple: To give our customers confidence in travel. To that end, we are the world’s leading company for airfare and hotel rate price assurance, analytics, and cost savings. We dynamically monitor billions of prices every month, and transform that data into highly meaningful savings, insights, and reports. Since 2007, we’ve brought technology leadership to the travel landscape and our 8,000+ corporate customers. Recently named to Deloitte’s Fast500 for North America for 2017, Yapta pioneered the category of travel price assurance. We’re driven to help build confidence in our customers’ travel programs.
About Direct Travel
Direct Travel, Inc. is a leading provider of corporate travel management services. The company has been providing travel management services for over 40 years, working with clients to develop highly customized travel programs. By leveraging both the expertise of its people and innovative solutions, Direct Travel enables clients to derive the greatest value from their travel program in terms of superior service, progressive technologies and significant cost savings. Direct Travel has offices in over 90 locations across North America, and is currently ranked 10th on the Travel Weekly Power List. Direct Travel is also a prominent member of Virtuoso, the world’s most prestigious luxury travel network. For more information about Direct Travel, please visit www.dt.com.
Additionally, Direct Travel offers full-service performance improvement solutions, including meeting and event management, group incentive travel and individual recognition solutions through its wholly owned subsidiary Creative Group, Inc. For more information, please visit www.creativegroupinc.com.
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