Travelogix announces the launch of Farecast at TTE 2020. Farecast is a new airline incentive platform. To track the performance of the airline overrides and commercial contracts.
This platform is developed to enable travel agencies, TMC’s, and consortia. The platform is also working to answer the questions like are flights delayed? And more.
The data and insights required by the travel companies to track the progress of airline incentives and negotiate the best deals possible, Farecast is the best platform. The robust platform gives quick access to detailed revenue and airline ticket statistics, partner contribution metrics.
As soon as the ticket is issued, amended, or exchanged by travel companies to have revenue from override and commissions, data is collected from any GDS in less time to help any drive negotiations with airlines.
The CEO and founder of Travelogix, Chris Lewis, has said that they are very excited to announce for the Farecast at TTE this year. Farecast is built to be detailed and immediate as per the requirement of the fast platform.
No matter how large your agency group is, the system is designed to work at scale with data presented in a clean, intuitive interface that is easy to use and simple to navigate.
To identify where agencies or members are booking off-contract, users can look after the terms of any airline contract and track live performance against the targets.
By allowing factors such as POS, O&D, class of travel, and more, Farecast can manage any complex contracts. They are also experimenting with tracking the hotels to Flights and Vegas.
Along with the above statement added by Chris, he also added that there is increased visibility and control of data, which will enable the users to increase revenues as well as delivering reliable data to help the airline negotiations.
To analyze how each is performing and contributing to a contract. Member contribution analysis allows multi-branch agencies and groups. They are thrilled to launch it at TTE, as this platform is the first of its kind.