UTRECHT, Netherlands, August 10, 2022 /PRNewswire/ — Travel management company BCD Travel announced today that it will leverage FairFly’s market-leading technology and artificial intelligence to power its Air Price Assurance (APA) solution. With FairFly’s automated global GDS coverage, BCD will be able to offer their APA solution to their entire customer base. The technology will allow BCD to maximize automated savings on airline expenses for customers.
BCD Air Price Assurance, powered by FairFly, predicts when fare changes will occur and automatically cancels and rebooks tickets at lower fares. The APA solution helps save time and generates savings of up to 4.8% of overall airline expenses with zero disruption to the traveler.
BCD is expanding their multi-year strategic partnership with FairFly, which has been available to BCD customers through the SolutionSource® marketplace since 2018. In this time, FairFly’s unique real-time price monitoring engine has proven to generate savings of significantly for BCD customers.
“Automated pricing provision is essential to an effective digital booking strategy,” said Yannis Karmis, senior vice president of Product Planning and Development at BCD Travel. “For several years, BCD customers using FairFly repurchase technology through our partner marketplace have realized significant savings without disruption to travelers. We want to pass those savings on to all our customers as a standard offering. With savings of unmatched ease of use, and seamless implementation, we recognize FairFly’s solution as best-in-class and the type of technology we look for when choosing partners to complement our major investments.”
As air prices continue to rise, this partnership is well positioned to make an immediate and positive impact on customers’ air spend through a rapid implementation with no entry or maintenance fees, further advancing BCD’s strong reputation for leading the digital transformation of travel management.
“We have been vocal about our mission to bring innovative technology to the travel industry that empowers business travel managers and TMCs alike,” said Aviel Siman Tov, Founder and CEO of FairFly. “We applaud BCD for its continued commitment to empowering its customers and complementing its excellent service and teams with technology. Strong partnerships, the ability to white label our solutions, and our scalable, enterprise-ready technology are all key to driving change. We look forward to deepening our relationship with BCD and bringing tangible value and outstanding savings results to BCD customers.”
The phased and widespread rollout began in the US in the third quarter. Other countries will enter circulation throughout 2022 and 2023.
FairFly is the leading independent travel pricing and travel data assurance platform with a truly global reach. Customers rely on FairFly to ensure their travel spend is put to the best use. FairFly turns the volatility of airfares and hotels into savings. Customers experience no disruption to the traveler and enjoy automated re-booking solutions. Its travel data analytics and reports provide insights for optimizing travel programs. For more information, visit www.fairfly.com.
Dr. Ursula Ron
About BCD Travel
BCD Travel helps companies get the most out of their travel spend. We give travelers innovative tools that keep them safe and productive and help them make good choices on the road. We partner with travel and procurement leaders to simplify the complexities of business travel, drive savings and satisfaction, and move entire companies toward their goals. In short, we help our customers travel smarter and achieve more. We make this happen in 106 countries with a global customer retention rate of 97%, the highest in the industry. For more information, visit www.bcdtravel.com.
About BCD Group
BCD Group is a market leader in the travel industry. The privately held company was founded in 1975 by John Fentener van Vlissingen and consists of BCD Travel (global corporate travel management and its subsidiary BCD Meetings & Events, global meetings and events agency) and Park ‘N Fly (outdoor parking the airport). For more information, visit www.bcdgroup.com.
SOURCE Fairfly; BCD travel