Yapta Powers Airfare Price-Tracking Services for Direct Travel Clients
October 15, 2018
Direct Travel to Monitor Airfare Price Changes and Capture Immediate
Savings for Customers
DENVER & SEATTLE–(BUSINESS WIRE)–#FareIQ–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.
About Yapta
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. www.yapta.com
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.
Contacts
Yapta Press Contact:
Tailwind PR
Jeff Pecor,
802-497-1932
jeff@tailwindpr.com
or
Direct
Travel Press Contact:
Direct Travel
Amanda Wesley,
201-847-2306
awesley@dt.com

