Egencia Delivers Powerful New Features and Technology to Uncover Savings and Support Traveller Duty of Care
By Egencia, PRNETuesday, July 20, 2010
The Industry Leading TMC Releases a New Air Fare Benchmarking Tool Allowing Travellers and Companies to Track Real-Time Fare Trends and Ensure They are Getting the Best Price
LONDON, July 21, 2010 - Egencia(R), an Expedia, Inc. company, today released new product features
and tools, bringing more spend transparency and traveller security to
organisations. Among the additions to the platform are: an innovative Air
Fare Benchmarking tool that actively monitors fare trends on requested routes
and benchmarks them against the same route over the last 3 months; and a
Traveller Security platform in partnership with red24 that provides a high
standard for orgnisations' traveller duty of care by monitoring traveller
movements globally.
Remaining true to its heritage and history of innovation, Egencia
continues to deliver tools, technology and full-service travel management to
its clients globally. In addition to these new capabilities, the company has
also optimised the usability of the Egencia self-booking platform, making
further enhancements to its seamless and traveller-friendly interface so
organisations can drive program compliance and ultimately company savings.
"Businesses today are faced with the challenge of managing travel spend
in a shifting landscape," said Christophe Pingard, Senior Vice President,
Egencia Europe and Asia-Pacific. "The tools and technology we are releasing
today is our answer to their request for more information and insight to
actively monitor and control spend, and increase support traveller duty of
care."
Air Fare Benchmarking delivers powerful and timely information to travel
bookers and travel directors, driving better choices and increasing savings.
The inclusion of average purchase price data and trends indicates the
competitiveness of the fare at the time of the booking. Based on its fully
integrated self-booking platform, Egencia is able to display timely and
dynamic data at the time of booking. During the travel booking process, the
travel booker can now see the average air ticket price (ATP) for the same
route, same class of service and same point of sale over the last three
months as well as a graph displaying ATP trends for that route over the last
year. This information helps travel bookers with their decision making
process and reassures them that they are getting the best fare.
Travel directors are empowered with the same meaningful information
through the addition of new reporting capabilities to Egencia's business
intelligence and analytics platform. Air Fare Benchmarking reports show an
analysis of fare trends, comparing air tickets booked by the customer against
air tickets booked by all Egencia customers. This provides the travel
director with the ability to identify savings opportunities and fine tune
policy guidelines.
"Our clients expect Egencia to pioneer new features and services that
support their program goals," said Simon Tam, Senior Vice President, Egencia
Global. "We wanted to expand organisations' ability to manage traveller
safety and emergency response to cope with major events such as the Volcano
ash cloud or any natural disaster. In combination with our 24-7 premium
corporate travel agents and our experienced account management team, our new
Traveller Security platform increases our clients' visibility and insight
into their traveller's movements around the world."
The Traveller Security platform supports organisations' responsibility to
traveller duty of care and enables travel directors and security managers to
locate and monitor travellers worldwide.
Built in partnership with red24, Egencia's new Traveller Security
platform gives travel or security managers the ability to monitor travellers
globally via an online tool which includes current air and hotel information.
It provides an easy-to-view risk matrix of countries around the world based
on risk factors including terrorism, crime, political environment, and
infrastructure.
The reporting functionality of the Traveller Security platform enables
travel directors and security managers to actively monitor and manage
travellers' itineraries so that it's easier and faster to contact and support
them in case of emergency. Email and SMS features trigger notifications of
high risk bookings and enables timely communication and education to
travellers. The Traveller Security platform also gives detailed information
on specific locations including emergency numbers.
About Egencia, an Expedia, Inc. Company
Egencia is the fifth largest travel management company in the
world. As part of Expedia, Inc., (NASDAQ: EXPE), the world's largest travel
marketplace, Egencia helps businesses get ahead by offering the only truly
integrated corporate travel service. Egencia's industry expertise helps drive
results that matter, delivering meaningful advancements that have a real
impact. By combining a powerful offline and online service, Egencia delivers
a complete corporate travel offering supported by global market expertise and
a best-in-class technology platform.
For more information, go to:
www.egencia.co.uk
Egencia and the Egencia logo are either registered trademarks
or trademarks of Expedia, Inc. in the U.S. and/or other countries. Other
logos or product and company names mentioned herein may be the property of
their respective owners.
(c) 2010 Egencia, LLC. All rights reserved.
For more information: R. Boissicat, Egencia Europe Corporate Communications Manager +33-1-73-01-01-47 r.boissicat@egencia.com
For more information: R. Boissicat, Egencia Europe, Corporate Communications Manager, +33-1-73-01-01-47, r.boissicat at egencia.com
Tags: Egencia, July 21, London, United Kingdom