07 Aug Travel Leaders Corporate Partners with Yapta to Add Automated RoomIQTM & FareIQTM to Its ‘Price Optimizer’ Solution
Fully automated price assurance technology is designed to optimize savings for clients on air and hotel bookings
NEW YORK, NY (August 7, 2019) – Travel Leaders Corporate today announced the availability of a fully automated capability for air and hotel price assurance utilizing Yapta’s industry-leading FareIQTM and RoomIQTM, technology to identify the best available price on air and hotel bookings to help business travelers save money. At rapid-fire speed, the solution, called Price Optimizer, will void original tickets or hotel reservations and re-book clients at the lower price in like-for-like seating or accommodations without the need for any manual intervention.
– Travel Leaders Corporate President Gabe Rizzi
“Price Optimizer is a fantastic solution that has been skillfully deployed by Travel Leaders Corporate to identify savings opportunities. The Yapta product cancels the original reservation and re-books it at the lower price point seamlessly without any modification to the traveler’s itinerary, all within an automated process,” said Gabe Rizzi, President of Travel Leaders Corporate. “The fully automated aspect of this solution will result in lower costs, faster transactions and greater financial benefit to clients. The more opportunities the solution identifies for re-booking, the greater the financial gain for customers. Of course, if certain factors necessitate a personalized review, the solution will channel the reservation to the client’s travel advisor,” said Rizzi.
“We are pleased to be working with Travel Leaders Corporate to bring to their customers a new level of performance in price assurance through an automated rebooking solution,” said Michael Smith, Chief Revenue Officer for Yapta. “Customers are seeing an immediate increase in cost savings as the solution rapidly identifies and acts on price volatility in the market place.”
Travel Leaders Corporate customized the Yapta deployment to fit individual client needs. which is part of a broader set of corporate solutions immediately available to customers, including Business Travel Insights, CARE and Concierge. With Price Optimizer, Travel Leaders Corporate travel advisors have full visibility into all transactions that are occurring both automated and manual and can make adjustments in the product’s parameters for individual clients to customize how and when the solution interacts with reservations. Client reporting also includes a breakout of automated reservations and cost savings details.
“At Travel Leaders Corporate, we pride ourselves on providing highly personalized customer service to our clients and another benefit of this new automated solution is that less of our advisors’ time is spent on performing tasks that the product completes on an automated basis, freeing them up to focus on other aspects of service delivery,” said Rizzi.
For more information or to take advantage of Travel Leaders Corporate’s personalized service and cutting-edge corporate business travel solutions that provide a complete travel enrichment experience, email partnerships@tlcorporate.com or call 877-404-4173.
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For more information or to take advantage of Travel Leaders Corporate’s personalized service and cutting-edge corporate business travel solutions that provide a complete travel enrichment experience, email partnerships@tlcorporate.com or call 877-404-4173.
About Travel Leaders Corporate
Travel Leaders Corporate is part of Travel Leaders Group, which manages leisure, business and franchise travel operations under a variety of diversified divisions and brands. Travel Leaders Corporate has three service offerings – Travel Fulfillment, Travel Consulting and Meetings Management – which can be used independently or combined for maximum results. At Travel Leaders Corporate, each client is served by a dedicated team of professional travel agents assigned to each account. With a reputation built on reliability and a commitment to excellence, Travel Leaders Corporate offers its clients industry-leading products and services, and continuously seeks higher levels of performance. Travel Leaders Corporate is a forward-thinking, innovative company with a focus on continually improving the customer experience. Travelers also have access to The Travel Collection by Travel Leaders Group, a selection of travel offers and discounts available at no additional cost to holders of select American Express® cards. For more information visit www.TheTravelCollection.com.