Innovative Travel Management Firm Pioneers Unique Program Model for Businesses
BLOOMINGTON, Ind.–(BUSINESS WIRE)–
“Our unique model for Multi-class Fare Monitoring is structured so that businesses with relatively small travel volumes can still receive the same opportunity to save as Fortune 500 companies,” said Patrick Linnihan, President and CEO of Gant Travel. “By monitoring fares collectively, across our entire customer base, we’ve eliminated any barrier related to individual contracts, and we can now simply offer it as part of our standard services package. The early results of Multi-class Fare Monitoring have been phenomenal, and clients have been very pleasantly surprised at the savings.”
In just the first week of tracking prices in the “void window” – where it’s possible to make ticketing changes without incurring a change fee – Gant Travel customers saw an average realized saving of $183 per re-booking. And with its program approach to customer implementation, Gant has introduced Multi-class Fare Monitoring to nearly 1,000 clients.
“We’re excited to expand the application of this technology to flights outside of the void window – and to other aspects of business travel that are impacted by dynamic pricing, including Yapta’s RoomIQ product for hotel rate monitoring,” Linnihan said. “With RoomIQ, we’ll be the first travel management company to offer savings to our customers across the entire trip in a program approach. We believe ensuring our clients travel for the lowest cost is critical to being a truly service oriented TMC.”
Companies adopting Yapta’s IQ Technology – FareIQ and RoomIQ – have seen an opportunity to save on more than 11 percent of all itineraries, with an average savings of $369 per trip. Any savings identified by Yapta on behalf of its customers are over and above any change fees and/or agency re-booking fees, ensuring customers see true value to their bottom line.
For more information on Multi-class Fare Monitoring from Gant Travel, visit www.ganttravel.com or call 630.227.3800 to speak with a representative.
About Gant Travel
Gant Travel helps its clients control the expense and the experience of business travel. Gant provides advanced technology, processes, and highly trained people to coordinate business travel properly.
Prices drop. We alert. You save. Yapta’s corporate travel solutions, FareIQ and RoomIQ, enable companies to extend their T&E budgets, boost traveler compliance and attain essential program-specific data. Constantly tracking booked airfares and hotel rooms, Yapta sends instant alerts when prices drop. Launched in 2007, we pioneered the category of travel price assurance, and have delivered more than $650 million in savings alerts to businesses and consumers. Yapta guarantees bottom-line savings. www.yapta.com