TRAVEL TECHNOLOGY,AIRLINES AND AIRPORTS
Simplex and TravelX | December 02, 2022
Simplex, the fiat infrastructure for digital assets globally, announced a partnership with TravelX, a technology company that is working with leading airlines and travel organizations like IATA (International Air Transport Association) to tokenize their inventory by turning them into NFTs (NFTickets).
This integration provides customers with easy access to NFTickets through Simplex's on-ramp solution, allowing non-crypto users to purchase seamlessly.
"We are honored to partner with Simplex as we create a more transparent, efficient, decentralized and collaborative travel economy. We are very happy to work with one of the world's most important players in digital payments and believe they are the right partner to join us in this journey,"
-Facundo Diaz, Co-founder of TravelX.
NFTickets are the digital representation of regular flight tickets tokenized through blockchain technology. This allows airlines and travel agents to offer more efficient services and ticketing systems, while helping to reduce supplier distribution costs and inefficiencies, ultimately improving profitability. Travelers have more flexibility managing travel assets without support call centers and can easily buy, transfer, trade or sell tickets through blockchain, all on TravelX's marketplace. Distributed through peer-to-peer (P2P) channels, NFTickets unlock a new era of democratization in the travel industry.
"We are excited to join forces with TravelX to accelerate their Web3 business with our seamless payment solutions, Together, we are transforming the industry by bridging the gap between traditional and decentralized finance and taking the old ticketing system into the future of Web3 applications."
-Dror Ben Eliyahu, Simplex's Head of Business Operations.
About Simplex
Simplex is the fiat/crypto infrastructure for the entire world. An EU-licensed financial institution, Simplex aims to change the status quo of the current crypto markets by providing simple, seamless, and secure channels to convert over 100+ fiat currencies to 170+ cryptocurrencies. Simplex has been actively supporting existing and new protocols in the industry, nurturing and expanding its portfolio of supported cryptocurrencies and payment methods.
About TravelX
Led by a team of tech and travel industry veterans, TravelX is building a blockchain-based distribution protocol to create a more secure, decentralized, frictionless, transparent and efficient travel industry. The company's technology allows travel suppliers to tokenize their inventory into NFTs, unleashing distribution capabilities and use cases that enhance both travelers' flexibility and suppliers' profitability. For more, visit www.travelx.io
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TRAVEL TECHNOLOGY
Motivation Excellence | November 07, 2022
With the ever changing, and nightmarish, travel scene right now, having a personalized itinerary with up-to-date adjustments as needed in the palm of your hand is exciting! Group incentive travel programs operating through Motivation Excellence all include Inspire, our fully customizable and personalized mobile travel site.
Features of Inspire include:
company branding
personalized air, land and event itineraries
airline and customs information
text messaging alerts
interactive photo gallery
"This is something no other incentive company has at their disposal. The personalized itineraries is a game changer for our industry. Plus, we can customize the app in a number of ways to make it truly unique to our clients' needs and travel destination,"
-Brad Hecht, VP Travel at Motivation Excellence.
For a quick overview of Inspire please watch the video on our Motivation Excellence homepage.
Motivation Excellence is a performance improvement agency. We use a variety of award solutions to inspire extraordinary performance among our clients' participants. Through a deep dive into each client's particular situation, we develop a comprehensive plan to meet goals and drive peak ROI.
"I'm extremely confident Inspire adds incredible value to our travel programs. Our own people built it and it's already part of the travel solution; there's not an upcharge for this technology. This represents our commitment to our clients and their most deserving participants,"
-David Jobes, President and CEO of Motivation Excellence.
For more information, please contact our Strategic Marketing Manager, Sky Z. Capriolo at s.capriolo@motivationexcellence.com.
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TRAVEL TECHNOLOGY, DESTINATION AND TOURISM
Sabre Corporation And BCD Travel | November 01, 2022
Sabre Corporation (NASDAQ: SABR) and BCD Travel announced a long-term, multi-faceted strategic partnership that is expected to drive meaningful growth and advancement for both companies and across the travel ecosystem.
Under the newly expanded and long-term technology agreement, BCD Travel expects to increase its booking levels with Sabre. Additionally, the two companies will jointly invest and collaborate on new and advanced solutions that will help accelerate the technology-driven evolution underway across the corporate travel ecosystem.
BCD Travel is a long-time, valued Sabre partner. Over the years, we've tackled industry challenges, innovated and grown together. Today, we take another important step in our partnership as we mutually commit to advancing the future of the travel," said Kurt Ekert, president of Sabre. "This agreement demonstrates our continuing commitment to helping BCD achieve its objectives to differentiate its offerings, improve operational efficiency and grow. Whether that takes the form of providing solutions, or enabling solutions, we will continue to build and sustain the value-added relationship we've enjoyed with BCD for so many years.
The partnership will see the two industry leaders focus on creative solutions for managing growing complexities and evolving customer expectations as well as transforming the impacts of technology and marketplace dynamics into opportunities. Sabre will continue to utilize its technical expertise, innovative energies and corporate stability to help enable BCD's success globally.
"This agreement is in line with our strategy to improve our agility, flexibility and responsiveness in a shifting environment, By extending our long-standing partnership with Sabre, we'll streamline our distribution technology footprint and simplify our operational, technical and future development infrastructure, allowing us to move more rapidly on our clients' behalf as we innovate, anticipate and adjust to emerging market opportunities. As we focus on post-Covid travel complexities and engage on deeper technology collaboration and joint development areas, we will enhance our speed to market with functionalities to improve travelers' planning and booking experience including bringing NDC to life."
-BCD Travel CEO and President John Snyder.
As BCD and Sabre extend and deepen their existing relationship, both companies are expected to benefit as Sabre pursues its ambitious goals of:
Accomplishing its tech transformation with cloud migration, microservice enabled architecture, and use of the latest smart technologies and digital innovations like AI and ML for a future-ready environment both Sabre and BCD can utilize.
Continuing to champion balanced supplier distribution economics on behalf of travel industry constituents for the content access our customers need.
Delivering premium retailing, distribution and fulfillment capabilities, including NDC-enabled solutions, across the value chain.
About Sabre Corporation
Sabre Corporation is a leading software and technology company that powers the global travel industry, serving a wide range of travel companies including airlines, hoteliers, travel agencies and other suppliers. The company provides retailing, distribution and fulfilment solutions that help its customers operate more efficiently, drive revenue and offer personalized traveler experiences. Through its leading travel marketplace, Sabre connects travel suppliers with buyers from around the globe. Sabre's technology platform manages more than $260B worth of global travel spend annually. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world. For more information visit www.sabre.com.
About BCD Travel
BCD Travel helps companies make the most of what they spend on travel. We give travelers innovative tools that keep them safe and productive and help them make good choices on the road. We partner with travel and procurement leaders to simplify the complexities of business travel, drive savings and satisfaction, and move whole companies toward their goals. In short, we help our clients travel smart and achieve more. We make this happen in 106 countries with a global client retention rate of 97%, the highest in the industry. For more information, visit www.bcdtravel.com.
About BCD Group
BCD Group is a market leader in the travel industry. The privately owned company was founded in 1975 by John Fentener van Vlissingen and consists of BCD Travel (global corporate travel management and its subsidiary BCD Meetings & Events, global meetings and events agency) and Park 'N Fly (off-airport parking). For more information, visit www.bcdgroup.com.
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