Press release

Forest Travel Partners with Yapta to Bring Travel Price Assurance to Small and Midsize Businesses

Sponsored by Businesswire

the leading provider of airfare and hotel price tracking services, and Forest
, a leading independent travel agency in the southeastern
U.S., today announced that they have partnered to bring airfare and
hotel price assurance to the hundreds of small and midsize businesses
(SMBs) that Forest Travel serves each year.

Forest Travel, with personnel in Atlanta, Costa Rica, Denver, Miami, and
New York City, provides a comprehensive suite of travel services for
SMBs and leisure travelers – from airline tickets, hotels and rental
cars, to private jets, trains, cruises and worldwide luxury resorts. For
clients that need help establishing a corporate travel program, the
agency has bundled solutions for Travel
Risk Management
, Travel
Policy Compliance
, Expense
and Dedicated
Account Management
among others. The agency has partnered with the
best of travel industry technology leaders, including Concur, Conferma,
Magnatech and Yapta – assembling The
Ultimate Travel Program

“Yapta brings our small and midsized clients the travel industry’s only
comprehensive price assurance solution, enabling them to save on both
airfare and hotels,” said Carmen Stinson, Director of Global Corporate
Travel at Forest Travel. “We’re always looking for innovative ways to
improve the experience of business travelers, finance leaders, HR and
travel managers. Yapta is the perfect fit for our program as it provides
our clients with confidence in their travel spend.”

“There’s a real opportunity for mid-market companies to reduce their
airfare and hotel costs by taking advantage of the intelligent price
tracking services we offer with Forest Travel,” said Michael Smith,
Chief Revenue Officer for Yapta. “This is a savings initiative that
doesn’t soak up internal resources to execute, and the performance-based
model offers absolutely no risk. It’s perfect for mid-sized businesses
that want to assert control over their travel spend.”

In addition to helping Forest Travel clients cut costs, Yapta also sees
value in Forest Travel’s unique relationship with Virgin
, a pioneer in commercial space travel. According to a report
from financial services company UBS, spacecraft could be competing with
airlines on long-haul travel routes as soon as 2030. The report notes
that point-to-point travel by rocket could compete with airline travel
on flights that currently take ten hours or more. A trip from New York
to Shanghai that now takes 15 hours could be completed in just 39
minutes by rocket transport, according to UBS.

“The market for providing price assurance products for commercial space
travel is probably not going to happen anytime soon, but it is an
interesting concept given the potential of space flight to dramatically
reshape the travel industry,” Smith said. “By partnering with Forest
Travel we will be able to learn from a pioneer in the commercial space
travel market. This is going to be an exciting market segment to watch.”

About Yapta

Yapta’s mission is simple: To give our customers confidence in travel.
To that end, we are the world’s leading company for airfare and hotel
rate price assurance, analytics, and cost savings. We dynamically
monitor billions of prices every month, and transform that data into
highly meaningful savings, insights, and reports. Since 2007, we’ve
brought technology leadership to the travel landscape and our 8,000+
corporate customers. Recently named to Deloitte’s Fast500 for North
America for 2018, Yapta pioneered the category of travel price
assurance. We’re driven to help build confidence in our customers’
travel programs.