22 Jul, 2014, 11:13 ET
ARLINGTON, Va., July 22, 2014 /PRNewswire/ -- Next week at the 2014 GBTA Convention, ARC will demonstrate the recently announced version of FareSight that is now available to all corporate travel managers, regardless of whether their organization is ARC accredited, has a dedicated ARC number through its travel management company or books air travel independently. Demonstrations will take place at ARC's booth (#2413) during exhibition hours.
FareSight helps corporate travel managers optimize their air travel policies by employing current and historic ARC data, directly related to their individual organizations. The tool analyzes a company's air travel patterns, travel spending and average ticket price, and benchmarks those factors against both the corporate segment and the entire market. In addition, FareSight allows corporate travel managers to profile travelers' behaviors based on actual ticketed travel, measure airline contract performance and understand their carrier market share.
In a related event, Doug Mangold, ARC's managing director of product management, will speak about "Managing Your Air Travel Program Using ARC's FareSight" on Monday, July 28 at
9 a.m. in room 410. Chuck Thackston, ARC's managing director of data and analytics, will join Mangold for the session "Optimize Corporate Travel Programs using the Right Data" on Monday at 10:30 a.m. in room 515B.
ARC is also hosting an exclusive after-party for GBTA attendees with co-sponsors Diio and UATP on Monday, July 28 from 9 p.m. to midnight at Club Nokia at L.A. Live. Those wishing to attend are asked to stop by ARC's exhibit booth to receive their invitation to this year's premier party.
ARC powers the U.S.-based travel industry with premier business solutions, travel agency accreditation services, process and financial management tools, and powerful data analytics. In 2013, ARC settled $86 billion worth of carrier ticket transactions for more than 9,400 travel agencies with 15,000 points of sale. By providing world-class business services and products, ARC enables participating agencies and 191 carriers to focus on what's important—increasing their revenue. Established in 1984, ARC is headquartered in Arlington, Virginia. For more information, please visit www.arccorp.com.
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