Airfare Consolidator Mondee Acquires Rocketrip

Seven-year-old Rocketrip has a new home. The company that popularized incentive programs to encourage travelers to beat benchmark trip costs now is part of Mondee Holdings. Terms of the acquisition were not disclosed.

Describing itself as the "world’s largest airfare wholesaler," privately held Mondee has a dozen or so companies in its portfolio, including several fare consolidators. It offers to travel agencies a set of technologies for accessing, booking and managing consolidator and private airfares.

According to a Mondee official, "the Rocketrip brand will be the cornerstone of our enhanced corporate service . . .

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Author: David Jonas

David Jonas in 2006 co-founded business media firm ProMedia.travel after ten years as a journalist with Business Travel News. David rejoined BTN in 2010 as executive editor when its parent company acquired ProMedia, and in 2014 co-created The Company Dime. David has a bachelor's degree in communications from Cornell University.
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