Amadeus to launch FareAnalyzer at ACTE Global Conference
Patent-pending airfare display for corporate online booking solution gives travelers more flexibility, travel managers tighter control
Miami, 27 April 2006: Amadeus, global technology partner to the travel and tourism industry, today announced FareAnalyzer, a patent-pending airfare display innovation in the
Amadeus e-Travel Management online booking solution. FareAnalyzer lets travelers evaluate a large number of air itinerary options based on multiple criteria – meaning the traveler can quickly categorize, sort and filter flight options based on price, trip duration, departure time, company preferences, number of connections and more. Amadeus will debut FareAnalyzer at the ACTE Global Conference in Atlanta, GA, May 7-9. The functionality is immediately available to
Amadeus e-Travel Management customers in the United States
“When it comes to business travel, travelers are seeking a booking experience that is as easy – or easier – than that of their favorite leisure travel Web sites. This often creates a conflict when travel managers are trying to enforce a travel policy, and travelers perceive too many limitations are being placed on their booking options,” said Scott Gutz, president and CEO of
e-Travel North America, the e-commerce division of Amadeus. “FareAnalzyer was designed with a solution for this conflict in mind. We’ve addressed both travel managers’ and travelers’ needs – providing an easy to use interface that gives travelers the maximum amount of flexibility, while satisfying the need for corporate travel managers to enforce travel policy compliance.”
FareAnalyzer benefits travel managers and travelers alike, providing:
Choice – Travelers can sort and filter air travel options by more than 200 criteria combinations. Other fare matrix displays limit the traveler to fewer comparison options. Likewise, the travel manager can choose which types of fares and options are presented to the traveler, and sort the results by the most preferred flights.
Control – Corporate travel preferences and company policy are seamlessly integrated into the comparison display, which means better control over which options are presented to travelers, and better compliance with the corporate travel policy. Corporate travel managers can control the number of parameters by which results are displayed, so in-policy and company-preferred options are always presented to the traveler clearly.
Convenience – FareAnalzyer provides a dynamic and efficient way for companies to enforce corporate travel policy, while giving travelers the most combinations of in-policy air travel options, and significantly reducing the amount of time it takes to search and book a flight. By providing this new easy-to-use display to travelers, corporations can realize increased adoption of their online booking tools, increased travel policy compliance, and the savings that follow.
“Today, corporations using Amadeus e-Travel Management solutions can reduce ticketing and transaction costs by up to 50 percent, and reduce ticket prices by about 15 percent. With the addition of FareAnalyzer to the user interface, we are confident that businesses will bring new efficiencies to the corporate travel mix, leading to increased employee productivity and an even greater reduction in costs,” said Gutz.
FareAnalyzer is part of the latest version release of Amadeus e-Travel Management (see related announcement). For more information, or to see a live demonstration, visit Amadeus in the Technology Showcase at the ACTE Global Conference, May 7-9.
FareAnalyzer is patent-pending.
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Notes to the editors
Amadeus
Amadeus is the chosen technology partner for providers, sellers, and buyers of travel. Amadeus provides distribution, IT and points of sale solutions that help its customers adapt, grow and succeed in the fast changing travel industry. Customer groups include travel providers (airlines, hotels, car rental companies, railway companies, ferry lines, cruise lines and insurance companies, tour operators), travel sellers (travel agencies) and travel buyers (corporations and travelers). Solutions are grouped in four solution categories – Distribution & Content, Sales & e-Commerce, Business Management and Services & Consulting.
The company - jointly owned by BC Partners, Cinven, Air France, Iberia and Lufthansa - has over 6,500 employees worldwide, representing 95 nationalities. In 2005 Amadeus reported revenues of €2,418.3m.
Amadeus Solutions for Corporations
In e-commerce, Amadeus is the global leader in online travel technology and corporate travel management solutions. It services travel agencies in 90 countries, and powers the websites of over 1,000 corporations and more than 70 airlines and hotels. Amadeus e-Travel Management is an online travel booking solution to help corporations manage their travel policy more efficiently. Both Amadeus and its partners enable corporations to integrate all the elements of their global travel programs, into one easy-to-use and easy-to-administrate solution. Customers include Altria, Cemex, Daimler Chrysler, Ericsson, Nestlé, Total, Thales, Oracle and Siemens.
More information about Amadeus is available at: www.amadeus.com
Contact details (media inquiries only)
Nicole Lowe
CRT/tanaka
212-229-0500 x236
nlowe@crt-tanaka.com
