UTRECHT, the Netherlands, Aug. 10, 2022 /PRNewswire/ -- Travel management company BCD Travel announced today that they will leverage FairFly's market-leading technology and artificial intelligence to power their Air Price Assurance (APA) solution. With FairFly's global automated GDS coverage, BCD will be able to offer their APA solution to its entire customer base. The technology will allow BCD to maximize automated savings on air spend for clients.
BCD Air Price Assurance, powered by FairFly, predicts when fare changes will occur and automatically cancels and rebooks tickets at lower rates. The APA solution helps save time and generates savings up to 4.8% of overall air spend with zero disruption to the traveler.
BCD is expanding their strategic multiyear 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 substantial savings for BCD customers.
"Automated price assurance is critical 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 re-shopping technology through our partner marketplace have realized substantial savings with no disruption to travelers. We want to pass those savings on to all our customers as a standard offering. With unmatched savings, 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 core investments."
As air prices continue to increase, this partnership is well-positioned to make an immediate, positive impact on customers' air spend through a quick implementation with no onboarding or maintenance fees, further advancing BCD's strong reputation for leading the digital transformation of travel management.
"We've been vocal about our mission to bring innovative technology to the travel industry that enables business travel managers and TMCs alike," said Aviel Siman Tov, Founder & CEO of FairFly. "We applaud BCD for its ongoing 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 enterprise-ready, scalable technology are all key to driving change. We look forward to deepening our relationship with BCD and bringing tangible value and outstanding saving results to BCD customers."
The phased, broad rollout started in the U.S. in the third quarter. Additional countries will go live throughout 2022 and 2023.
FairFly is the leading independent travel price assurance and travel data platform with a truly global reach. Customers rely on FairFly to ensure their travel spend is used to its best. FairFly turns airfare and hotel rate volatility into savings. Customers experience no disruption to the traveler and enjoy automated rebooking solutions. Its travel data analytics and reports deliver insights for optimizing travel programs. For more information, visit www.fairfly.com.
Dr. Ursula Ron
About BCD Travel
BCD Travel helps companies make the most of what they spend on travel. 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 whole companies toward their goals. In short, we help our clients travel smart and achieve more. We make this happen in 106 countries with a global client 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 owned 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 (off-airport parking). For more information, visit www.bcdgroup.com.
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SOURCE Fairfly; BCD Travel