Price Assurance Firms Go Global, Add Features

By | July 16, 2015

Price assurance remains an active area of development for corporate travel. Madrid-based Trappit now is challenging Yapta on the global stage for airfares. It's got a hotel product in the works, too. Hotel-only provider TripBam, meanwhile, rolled out some significant enhancements during the past few weeks.

The basic idea is to continually check already-purchased seats or rooms against newly published rates, and cancel/rebook if appropriate. There are several considerations.

TripBam's latest developments focused on preferred property relationships, negotiated rates and commissionable rates. Its clustering concept . . .

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Author: Jay Campbell

Jay Campbell in 2004 created travel business newsletter The Beat, in 2006 co-founded Travel Procurement magazine and in 2010 integrated them into Northstar Travel Media's BTN Group. He served as editorial director until 2013. Jay made his travel industry media debut in 1993 at the Air Travel Journal of Boston while earning his undergraduate degree in journalism at Boston University.