FAIRFAX, VA – July 30, 2013 — Omega World Travel (Omega), an award-winning leader in the travel management industry, announced today its new partnership with Yapta, a pioneer in airfare price assurance services, in order to provide its corporate clients with additional cost savings opportunities within their existing travel programs.
Through this real-time airfare tracking solution, FareIQ, Omega is able to provide its clients with an innovative solution to reduce travel expenses. Benefits of the FareIQ tool include:
- 24/7 tracking of booked airfares to capitalize on airfare price fluctuations;
- Automatic price drop alerts notify client of savings opportunity based on predetermined thresholds; and
- Fast and quantifiable savings for Omega’s clients- FareIQ has identified over 4% in actionable savings across companies’ airfare spend.
“We are excited about our partnership with Yapta and it comes at a perfect time when clients have had to cut their travel budgets and are searching for innovative ways to reduce their travel spend,” stated Omega’s president and CEO Gloria Bohan. “This technology offers Omega one more way to help our clients’ control costs, which is every customer’s number one concern. We count on our vendors to bring us best-in-class solutions and Yapta has delivered.”
"Omega does a phenomenal job of helping its corporate customers reduce airfare costs, and their organization clearly understands where FareIQ can support their savings effort in a very meaningful way," said James Filsinger, President and CEO of Yapta. "As a FareIQ reseller, Omega World Travel now wields a key point of distinction among other leading TMCs. FareIQ enables them to demonstrate for their clients that no savings opportunity will ever be overlooked or go ignored. Yapta is privileged to have Omega as a partner, and we look forward to helping their corporate customers discover a new way to save on airfare."
About Omega World Travel
Omega World Travel is a woman-owned, diversity supplier, and the fourth largest travel management company in the U.S. Headquartered in Fairfax, Va., Omega World Travel services corporate, government, meeting, and leisure clients throughout the U.S., Europe, the Middle East and Asia. Omega World Travel also owns Cruise.com, one of the largest sellers of cruises on the Internet, and TravTech, a software development company. For additional information about Omega World Travel please visit: www.owt.net.
Yapta is a pioneer in airfare price assurance services for travelers, and the developer of FareIQ, the corporate travel industry’s only independent airfare price tracking solution. Launched in 2007 as the travel industry’s first airfare price tracking and refund alert service, Yapta quickly gained more than 1 million registered members and delivered more than $450 million in airfare savings alerts to consumers. Today, Yapta’s technology is helping companies with heavy travel volumes reduce their spend and extend their T&E budget by constantly tracking booked airfares and flagging lower rates when they become available. For more information about Yapta, visit www.yapta.com. To learn more about FareIQ, visit fareiq.yapta.com.