CWT is rolling out an upgraded version of its airfare optimisation services, which is using AI to predict changes in air ticket prices.
The travel management company said that the latest version of the platform extends the window during which prices can be optimised to help clients secure lower prices.
The service, which is offered through a partnership with travel tech firm Wenrix, is integrated into all of CWT’s booking channels. When it identifies an opportunity to make savings on flights it automatically rebooks the existing reservation, taking into account any cancellation or change fees from the airline and ensuring compliance with fare rules.
Erica Antony, CWT’s chief product officer, said: “Our price optimisation service is one of the simplest ways for our customers to save on their air spend. It’s a turnkey solution that has minimal set-up and maintenance requirements and doesn’t cause any disruption to travellers.”
The TMC said it has been piloting the upgrade with selected customers in the US and Europe, with some of these clients seeing a doubling in their level of savings on flights compared with using the previous version of the tool.
The enhanced platform is initially being made available to clients in 12 countries with plans to roll out to more markets in the next few months.
CWT is set to be taken over by rival TMC American Express Global Business Travel later this year, subject to the acquisition being approved by competition authorities around the world.
Nadine Yousif and Ali Abbas AhmadiBBC News, TorontoWatch: Canadian liquor store clears out US alcohol in response to tariffsNot long after the US imposed their
Home » Philippines Travel News » Vietnam, Thailand, and Philippines Among Top Asian Destinations Most-Searched by American Travelers, Driven by Surge in Viet
Will Trump's tariffs on Canadian goods entering the U.S. affect tourism at home, tarnishing ties Canadians and Americans have shared for decades? It's a fair qu
Expectations that President Donald Trump will soon bar Afghans and Pakistanis from entering the United States has set off panic among Afghans who were promised