TRAVEL TECHNOLOGY

Booking.com Launches First-of-its-Kind Travel Sustainable Badge

Booking.com | November 15, 2021

Bookingcom Launches First
Booking.com,  announced the inaugural launch of its Travel Sustainable badge, a credible, globally relevant sustainability measure that will provide highly coveted information to travellers all over the world looking to make more sustainable travel choices. Designed to be applicable to a wide range of property types, from apartments, B&Bs and holiday homes to hotels, resorts and even treehouses, and adaptable to local realities and considerations, the initiative is a first of its kind in the industry.

Considering that 64% of travellers state they want to stay in a sustainable accommodation in the upcoming year and with more than 28 million listings on Booking.com, the company sees a tremendous opportunity to showcase more of the impactful efforts its partners are taking to create more sustainable experiences, and in turn, make it easier for travellers to find a sustainable way to stay. With three-quarters (63%) indicating they would be more likely to choose a specific accommodation implementing sustainable practices, it rewards and further encourages providers to take the next steps on their individual sustainability journeys.

"Building a truly sustainable travel industry will take time, coordination and concerted effort, but progress is possible through continued innovation, partner support and industry collaboration,We are recognising the sustainability efforts of a broader range of properties around the world in a credible and transparent way for consumers. Displaying the practices they have in place makes it easier for everyone to make a more informed and hopefully more sustainable choice for their next trip, no matter where they want to go. Thus also inspiring even more of our partners to take the next step to operate more sustainably".

-Marianne Gybels, Director of Sustainability at Booking.com

About Booking.com:
Part of Booking Holdings Inc. (NASDAQ: BKNG), Booking.com's mission is to make it easier for everyone to experience the world whenever it's safe to do so again. By investing in the technology that helps take the friction out of travel, Booking.com seamlessly connects millions of travelers with memorable experiences, a range of transportation options and incredible places to stay -from homes to hotels and much more. Booking.com is available in 44 languages and offers more than 28 million total reported accommodation listings, including more than 6.6 million listings of homes, apartments and other unique places to stay.

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TRAVEL TECHNOLOGY

Xeniapp Inc. Announces Partnership With CTW

Xeniapp Inc | November 16, 2021

Xeniapp, Inc., the travel technology company, announced that it has partnered with CTW to build the most sophisticated flight shopping engine in the world for Xeniapp's unique travel operating system. Xeniapp is transforming the travel industry with its web 3.0 operating system built on a blockchain network. Today, corporate and leisure travel professionals can launch their full-service, web-based travel agency complete with custom booking engine, traveler web portal, CRM, and payment settlement engine. Xeniapp offers a full suite of bookable wholesale travel inventory, including flights, hotels, car rentals, airport transfers, and activities. "Flight booking is the most complex issue in travel today, with heavy regulation and millions of potential booking configurations. Servicing cancellations and rescheduling of flights is the most time-consuming, costly, and complex problem that the industry faces. By partnering with CTW, our operating system can automate flight reshopping, resolving one of the key pain points for travelers and travel professionals," -Sachin Narode, CEO of Xeniapp. The CTW platform is the most accurate airline pricing system on the market as evidenced by ATPCo's ratings. It is also the only platform to offer customers two years of historical flight schedules and fares with up-to-the-minute accuracy, a crucial necessity for post-ticketing servicing. CTW offers cost-effective technology, ticket exchange and refund management. CTW enables Xeniapp to automate even the most complex transactions and itineraries that previously required painstaking manual calculations and long customer service calls. "Partnering with Xeniapp - one of the most innovative travel companies in the world - is extremely rewarding for us. It demonstrates the value that the CTW platform can add for clients who are willing to innovate around the powerful functionalities that we offer. This partnership underscores our belief that future growth in the industry will come from companies that invest in continually improving the user experience and simplifying self-management of even the most complex trips," -Andrew Cuomo, Chief Commercial Officer of CTW. About Xeniapp, Inc. Xeniapp, Inc., the travel technology company, is based in New York City. Xeniapp's mission is to transform the travel industry by bringing travel software into the 21st century. The company was co-founded by Sachin Narode and Rachel Obenshain.Xeniapp Contact: Rachel Obenshain, President, Xeniapp; email: rachel@xeniapp.com.For more information about Xeniapp, visit https://xeniapp.com. About CTW CTW has developed several generations of airline shopping and pricing systems. The CTW Platform provides complete shopping, fares and pricing, reshopping, and ancillaries. CTW connects content providers and retailers worldwide. CTW Platform provides final pricing and repricing for 20% of all ARC/BSP-issued airline tickets in the world and has operations in Europe, North America, Asia and Oceania.For more information about CTW, visit https://ctw.travel.

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TRAVEL TECHNOLOGY

RateGain launches Content.AI, an end-to-end AI platform for hotels to make content management seamless

RateGain | November 12, 2021

RateGain Travel Technologies Limited, a provider of SaaS solutions for travel and hospitality, announced the launch of Content.AI, a self-serve SaaS solution powered by AI to help hotels manage, optimize, enhance as well as distribute content across demand partners to solve for higher conversions. Since the beginning of 2021, RateGain has been launching AI-powered solutions focused on helping hotels get more control on guest acquisition and help them drive recovery. While the first half of 2021 focused on providing solutions that helped the industry forecast more accurately in the absence of consistent historical data, RateGain is now focusing to help hotels improve conversions across all channels by delivering a consistent brand experience. As travel comes back, potential guests are looking at online channels and hotels to provide accurate information about room amenities, health and hygiene standards as well as the overall experience. According to a recent study by McKinsey, in the post-pandemic world, guests are more likely to provide extreme feedback in case the stay does not meet their expectations; making it more critical for hotels to communicate the right experience across all channels. With Content.AI, hotels of every size get a platform that helps them solve the three-pronged challenge of completeness, consistency and conversions. Hotels and hotel chains have struggled in maintaining high-quality content about all the properties at one place and the process has involved multiple teams managing components of contents while working across disparate demand partners – making it extremely difficult to collate, update and manage the data. This inconsistent content is manually updated across each demand partner's extranet and the repetitive process introduces errors, which makes information on demand partners incorrect, incomplete and inconsistent. Content.AI solves all of these problems to improve conversions: Augmentation allows hotels to improve the level of content with minimum manual intervention and effort Uses AI to prioritize which content should hotels update first to drive more conversions Edit, Enhance and Optimize images to communicate the best experience to the prospective guests Auto-tag images for easy identification and categorization by demand partners to improve SEO One-click distribution to demand partners saving hours of effort in updating content Hotels of all sizes now have complete control on driving more conversions by augmenting, optimizing and distributing high-quality content across all demand partners as well as through RateGain's Martech offerings of BCV and myhotelshop; giving them the ability to have a 360-degree approach to unlock new revenue. "Trust is the most critical criteria for winning over guests in the new normal, and consistently providing high-quality content across all customer touch points is no longer an option for hotels and a necessity to improve retention and conversions. For most of the last decade, content management has been an extremely time consuming operational task which has not been related to conversions, however, with the share of digital bookings increasing and the guest being more aware, hotels would need to solve this quickly and Content. is the only end-to-end platform to facilitate that." -Bhanu Chopra, Founder, RateGain About RateGain RateGain is a global provider of SaaS solutions for the hospitality and travel industry, offering travel and hospitality solutions that unlock new revenue every day. We are one of the largest aggregators of data points in the world for the hospitality and travel industry (Source: Phocuswright Report). For more information visit https://www.rategain.com

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TRAVEL TECHNOLOGY

Navisteps Raises Pre-seed Round of $1 Million to Develop Corporate Travel Technology

Navisteps | December 28, 2020

Navisteps, a travel and cost the executives startup, has raised a pre-seed round of $1 million. Investment in the Singapore-based organization, which was established in 2019, has come from angel investors. Navisteps will utilize the funding to grow the business in Asia just as build up its technology. The organization plans to carry more automation to discount answering just as to track the expense of handling cost reports. The organization says its platform will make the entire travel and cost the executives cycle smoother. It is additionally collaborating with Traveloka, giving Navisteps admittance to coordinate organizations with worldwide travel providers for flights and accommodation. Ken Tan, co-founder, Navisteps, says, "While expense and travel management solutions are not new, they traditionally target large enterprises. We hope to bring the benefits of expense and travel management solutions to small and medium-sized enterprises (SMEs) through a subscription-based pricing model." The startup is likewise arranging new highlights for 2021 including a minute ago excursion crossing out, examination for costs and partner integrations.

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