TROOVO AWARDED US PATENT FOR VIRTUAL TRAVEL PAYMENTS TECH

Travel Weekly | January 21, 2020

Troovo technologies has announced it has been granted a us patent for its virtual travel payment offering. The Australian-based company’s patent covers the ability to utilise robotic process automation (RPA) technology rather than a person to analyse a travel booking and generate a virtual credit card based on the data in the booking. CEO Kurt Knackstedt noted that, unlike Troovo, other virtual payment generation products require some form of manual intervention, validation or user interface in order to facilitate the creation of the card, as well as updating the booking record with card details.

Spotlight

It’s time to hit the road. today we’ll be counting down our picks for the Hottest Travel Trends in 2019. For this list, we’re taking a look at destinations and trends that are proving popular in 2019. We’d like to thank Traveller.com for the selections.

Spotlight

It’s time to hit the road. today we’ll be counting down our picks for the Hottest Travel Trends in 2019. For this list, we’re taking a look at destinations and trends that are proving popular in 2019. We’d like to thank Traveller.com for the selections.

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TRAVEL TECHNOLOGY

Singapore and Hong Kong will Open a Travel Bubble Next Month

Air Travel Bubble | April 27, 2021

Singapore and Hong Kong are outfitting to open a movement bubble. The two urban areas intend to dispatch their isolated free travel bubble from May 26, permitting voyagers to travel between the two with few limitations. The Air Travel Bubble (ATB) as it's been named will dispatch in late May with an end goal to help the drained travel industry ventures in the two urban areas. Voyagers will be needed to be completely inoculated and step through an exam within three days of takeoff and again on appearance. At the point when the ATB dispatches in May, only one flight each day will work for the initial fourteen days between Singapore (SIN) and Hong Kong (HKG), conveying a limit of 200 travelers each day. Qualified voyagers more likely than not went through the previous 14 days in Singapore or Hong Kong. The movement bubble between the two urban communities was initially set to dispatch in November 2020, notwithstanding, was deferred due to a spike in cases in Hong Kong. Specialists have said that if there's an uptick in the seven-day moving normal of local area cases to more than five, the ATB will be suspended for in any event fourteen days. "I'm glad that Hong Kong got the COVID-19 circumstance leveled out," said Singapore's Minister for Transport Ong Ye Kung in articulation to the BBC. "It has been a long couple of months, yet the conditions are presently ready again to relaunch the ATB." The travel industry and travel areas — particularly that of the flight class — will invite the movement bubble. Singapore Airlines lost £1.19 billion in the nine months to December 2020 as its number of travelers shrank 97.6% Similarly, Hong Kong-based Cathay Pacific revealed a yearly deficiency of $2.8 billion every 2020. A week ago, Australia and New Zealand dispatched their movement bubble, permitting Aussies and Kiwi voyagers to wander between the two nations without isolation on one or the flip side. Quite, the destined-to-be-dispatched Singapore to Hong Kong travel bubble is substantially more directed than Australia to New Zealand one, as only 200 travelers each day will want to go between the urban areas. It's conceivable that we could see new travel bubbles open throughout the planet as nations hope to return to the travel industry yet just for those coming from nations with low case rates and high immunization rates.

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TRAVEL TECHNOLOGY

Expedia Group and Qtech Software Strengthen Collaboration to Supply Travel Firms with High-Quality Hotel Information and Current Technologies

Expedia Group & Qtech Software | April 28, 2022

Expedia Group and Qtech Software announced an expanded collaboration to deliver access to Expedia Group's travel supply to travel businesses globally through Qtech's flagship technology platform, OTRAMS GO. Owing to this collaboration, travel firms of all sizes now have more access to premium hotel content and technology via the OTRAMS GO platform, enabling them to increase revenue, expand their businesses, and improve the travel ecosystem's efficiency. For many travel firms, investing in technology that supports online booking experiences is also a problem. Qtech's OTRAMS GO addresses this issue by charging no upfront fees and a minimal per-transaction fee. With the addition of Expedia Group's enormous hotel inventory, Qtech's clients will be able to provide travelers with high-quality hotel materials at a fair price. "OTRAMS GO revolutionized technology adoption for travel businesses by making it more affordable and accessible. Access to Expedia Group's hotel supply will help further improve the profitability and scalability of our customers. We are working towards helping the travel industry bounce back stronger. This is a major step towards the realization of that vision." -Paresh Parihar, the CEO and managing director of Qtech Software OTRAMS GO is a comprehensive travel Enterprise Resource Planning (ERP) platform that integrates trip booking systems, supplier interfaces, agent management, API redistribution, and dynamic packaging into a single, easy interface. Head of Product Development for OTRAMS GO Jignesh Modi said, We are already operating with Expedia Group's Rapid 3 API, gaining access to the company's competitive accommodation rates and availability from a portfolio of more than 700,000 properties with 35 different property types in more than 25,000 destinations worldwide. This integration enables superfast search results and rich content that will enhance the overall booking experience as well.

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TRAVEL TECHNOLOGY

Sabre Unveils First Product Powered by its Proprietary Sabre Travel AI™ Technology

Sabre Corporation | November 04, 2020

Sabre Corporation (NASDAQ: SABR), the leading software and technology company that powers the global travel industry, announced today it will be launching the Company's first product powered by its proprietary Sabre Travel AI ™ technology. Working with Google, the Company is developing technology that will accelerate the delivery of a smart, scalable retail engine that is powered by state-of-the-art AI technology and advanced machine-learning (ML) capabilities, the first of its kind in travel. The Company plans to officially launch the first iteration of its Sabre Smart Retail Engine ™ early next year, continuing to innovate in omni-channel retailing to enable capabilities across airline business models, passenger service systems (PSS) and global distribution systems (GDS).

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