TRAVEL TECHNOLOGY,AIRLINES AND AIRPORTS
Pricefx | August 12, 2022
Pricefx, the global leader in cloud-native pricing software, announced that Aeromexico, Mexico’s global airline and a leader in Latin American aviation, has selected Pricefx to help enhance its travel agency business analytics. Leveraging Pricefx’s award-winning AI technology, Aeromexico will implement Pricefx to evaluate agency performance and improve commission payment insights with future plans to design bespoke, front and back-end Agency commission plans. After the initial implementation, Aeromexico plans to broaden the use cases for Pricefx to other areas of its business to improve commercial performance.
“Technology is increasingly important to agency management and other areas of our airline, We are excited to partner with Pricefx on the development of a new sales analytics product for the airline industry, driving value in our critical travel agency segment. By leveraging Pricefx’s expertise, we believe we can strengthen Aeromexico’s commercial strategy with better execution and improved speed-to-market.”
-Rastislav Martos, Senior Vice President of Revenue Management and Distribution for Aeromexico
With dozens of different fare possibilities combined with fare families and ancillaries for each itinerary, the airline industry’s public and private fares are complex to manage. With Pricefx, airlines can leverage technology to track return on investment from travel agency commission payments in a meaningful way. Additionally, the Pricefx solution can be used as a single platform for airlines to dynamically price cargo, loyalty points, ancillaries and corporate programs.
“The process of managing airline pricing can be dramatically improved with technology that provides critical data insights,With Pricefx, Aeromexico will have best-in-class AI and analytics to improve its agency performance. This will be a major game changer and we are looking forward to working with Aeromexico to make it a reality.”
-Ronak Sheth, President & Chief Revenue Officer at Pricefx.
Aeromexico was recently interviewed about why they selected Pricefx and their implementation plans. The video interview is available on Pricefx’s YouTube channel.
About Grupo Aeromexico
Grupo Aeromexico, S.A.B. de C.V. is a holding company whose subsidiaries are engaged in commercial aviation in Mexico and the promotion of passenger loyalty programs. Aeromexico, Mexico’s global airline has its main hub at Mexico City International Airport. Its destinations network features the United States, Canada, Central America, South America, Asia, and Europe. The Group's operating fleet is comprised of Boeing 787 and 737 jet airliners and Embraer 190 models. Aeromexico is a founding member of the SkyTeam airline alliance, which celebrated its 21st anniversary, and serves 170 countries with its 18 SkyTeam airline partners. Aeromexico created and implemented a Health and Sanitization Management System (HSMS) to protect its customers and employees at all steps of its operations.
Pricefx is the global leader in SaaS pricing software, offering a comprehensive suite of solutions that are fast to implement, flexible to configure and customize, and friendly to learn and use. Based on cloud-native architecture, Pricefx delivers a complete price optimization and management platform that provides the industry’s fastest time-to-value and lowest total cost of ownership. Its innovative solution works for B2B and B2C enterprises of any size, in any industry, in any part of the world. Pricefx’s business model is entirely based on the satisfaction and loyalty of its customers. For enterprises facing pricing challenges, Pricefx is the cloud pricing optimization, management, and CPQ platform to dynamically Plan, Price and Profit.
Holland America Line | July 04, 2022
With pent-up demand and the U.S. Independence Day travel rush approaching, premium cruise line Holland America Line reported a surge in interest for Alaska cruising to the bucket list travel destination during June for the first time since before the COVID-19 pandemic.
"People are excited to travel again while reconnecting with family and friends in a meaningful way,We're seeing the pent-up demand leading to increased booking as guests realize cruising is a hassle-free way to enjoy unique destinations such as Alaska."
-Beth Bodensteiner, senior vice president and chief commercial officer for Holland America Line
Our summer travel inquiries and bookings show people are feeling safe to explore again, Alaska is one of my favorite places to visit in the summer. A preferred partner, like Holland America Line, helps us provide clients with convenient departures to and from our own back yard to this amazing place, without the added cost of airfare.Michelle Glass, vice president of travel for AAA Washington
"With the cost and recent challenges with air travel, we are seeing excitement and traction from guests within driving distance of our cruise homeports such as Seattle and Vancouver, We recently invested in local marketing near our homeports and we're already seeing that pay off."
-Kacy Cole, vice president of marketing and e-commerce for Holland America Line
Overall, Holland America Line continues to see a high level of interest in cruises that are only a short flight or drive away from guests' homes. On round-trip sailings from the United States, the cruise line visits 225 different ports in 91 different countries, serving more international destinations on cruises sailing round trip from a U.S. homeport than any other brand. The line's homeports in the United States include Seattle, San Diego, Boston, and Fort Lauderdale. In addition, Holland America Line operates more Alaska cruises from Vancouver, British Columbia, Canada, than any other cruise line.
Expedia Group | July 01, 2022
On June 30, Expedia Group, the leading travel technology platform, announced the launch of the new Bilt Travel Portal in collaboration with Bilt Rewards. It will be available exclusively to Bilt Rewards members. Members of Bilt Rewards can use their Bilt points to cover all or a portion of the cost of their next vacation and can book every aspect of their trip directly through the Bilt Rewards app, from flights to hotels and even theme park or Broadway show tickets.
Bilt members can access more than 700,000 properties, 500 airlines, 120 car rental companies, and thousands of activities worldwide, thanks to Expedia Group's White Label Template technology. 1 White Label Template includes all of the functionality of the Expedia.com site, as well as tools and customer support to assist Bilt members with questions or bookings. Expedia Group's expert knowledge of the travel industry is combined with a nearly $2 billion annual investment in new technology innovation to meet the changing needs and demands of both partners and travelers.
Travel is among the most important experiences to our members, who don’t want to be limited when it comes to using their hard-earned loyalty points, said Bilt Rewards Founder and CEO Ankur Jain. Partnering with Expedia Group enables us to give members a one-stop-shop with access to endless travel options, along with the easy integration to create a seamless booking experience.
“We’re excited to power the Bilt Travel Portal, and to help the Bilt Rewards members build the vacation of their dreams simply by paying rent,Our innovative solutions provide Bilt Rewards with technology they need to build a wonderful experience and offer an unparalleled amount of travel options to their members.”
-Christian Gerron, senior vice president, Media & Brand Partnerships, Expedia Group.
Bilt Rewards members can access the Bilt Travel Portal powered by Expedia Group by logging into the Bilt Rewards app or visiting travel.biltrewards.com and entering their Bilt Rewards login credentials to view available travel supply and booking options.
When booking in real-time, members will be able to see the value of their Bilt points, with 10,000 Bilt points equaling $125 in travel credits. Members will also earn 2x points for bookings made through the Bilt Travel Portal with their Bilt Mastercard, and 1x point for bookings made with another form of payment.
Bilt Rewards, which will be available in June 2021, is the first-ever loyalty program and co-brand credit card for renters, allowing 109 million renters in the United States to earn points on their largest monthly expense with no fees. Renters can access the free Bilt Rewards loyalty program by living within the Bilt Rewards Alliance, a network of over 2 million rental units in the United States, or by using the Bilt Mastercard, the first credit card that can be used to pay rent with no transaction fees at any rental unit in the United States.
In addition, Bilt members have access to one of the most valuable rewards programs available, with the ability to redeem points for travel, boutique fitness classes, limited-edition art, and home décor, as well as rent credits and even a down payment on a future home. Members now have access to thousands of new options for redeeming their points thanks to the addition of the Bilt Travel Portal powered by Expedia Group, further increasing the value of Bilt's