ATLANTA, Dec. 8, 2010 /PRNewswire/ -- TRX, Inc. (www.trx.com) (OTCQB: TRXI), a world-leading provider of travel technology, process automation, consulting and data services, and hotelicopter (www.hotelicopter.com), the global hotel search and content company, announced that they have signed an agreement to power TRX's corporate booking solution (RESX) with hotelicopter's web rates and availability for over 160,000 hotels from leading online travel agencies.
The agreement is the first of its kind in the travel industry and increases the information transparency and booking options available to business travelers that use the RESX corporate booking solution. By utilizing hotelicopter's web rates service, TRX will display the web rates offered by online travel agencies side-by-side with corporate hotel rates and enable the business traveler to book with the web rate if they choose to do so. This transaction is tracked end-to-end by the RESX solution, thus eliminating the "leakage" problem travel procurement managers currently face. This service will also ensure business travelers have access to and can book the best possible hotel deal, either a corporate rate or a web rate.
"Business travelers often search multiple hotel travel sites before using their designated corporate booking engine, if only to gut-check that they are getting the best deal," said Adam Healey, hotelicopter's CEO. "With RESX integrating hotelicopter's web rates service, the business traveler can now see all important rate information in one place. It's an exciting advancement for corporate booking and the business traveler."
"Leveraging hotelicopter's web rates service to deliver enhanced hotel shopping options increases choices for travelers and drives cost savings to corporations using RESX," said Shane Hammond, President and CEO, TRX. "More options empower travelers to make the most cost-effective selection when booking travel."
The hotelicopter integration saves business travelers the time of searching other sites on the web and gives them the peace of mind when they book a room, be it a corporate rate or a web rate. RESX's business customers will also gain access to enhanced reporting of traveler behavior.
The access to web rates will be available to all RESX users in the first quarter of 2011.
TRX is a world-leading travel technology and data services provider, offering more than 20 software-as-a-service utilities for online booking, reservation processing, data intelligence, and process automation. We deliver our technology applications in an on-demand environment to travel agencies, corporations, travel suppliers, government agencies, credit card associations, credit card issuing banks, and third-party administrators. We provide patented savings maximization solutions via our travel analytics consulting practice, extending spend management services to travel buyers all over the world. We complement all of these offerings with a global workforce focused on travel process automation and re-engineering. For more information about TRX or to contact a TRX sales office, phone 404.929.6100 or visit the company's website at www.trx.com.
hotelicopter is a hotel search technology company featuring more than 160,000 hotels worldwide - more than twice the number found on the leading global distribution systems. We power hotel search for our business customers (publishers) via a white label meta-search engine, web rates service, and various application programming interfaces. We drive hotel bookings directly to the industry's leading online travel agencies and hotel suppliers (advertisers). Founded in 2006, hotelicopter is based in Charlottesville, Virginia. For more information, please visit www.hotelicopter.com or email us at firstname.lastname@example.org.
SOURCE TRX, Inc.