Market Overview

Yapta Provides Price Tracking Technology to CWT


Yapta's Award-Winning Price Tracking Tools to Streamline the
Rebooking Process for CWT Customers

Yapta, the leading provider of airfare and hotel price tracking
services, today announced an expanded relationship as the provider of
Price Assurance technology for CWT. Under the terms of a new long-term
agreement, Yapta's Intelligent Price Tracking solutions, FareIQ and
RoomIQ, will be combined into CWT's Price Tracking offer and rolled out
to CWT customers looking to strengthen their airfare and hotel savings
program with automated price tracking. Customers utilizing CWT's Price
Tracking solution will now be able to identify and re-book "savings
eligible" flights and hotel rooms directly within the GDS.

"CWT has been an outstanding partner of Yapta for several years, and I'm
excited to see our relationship deepen even further," said James
Filsinger, president and CEO of Yatpa. "The entire team at CWT
understands the importance of working collaboratively to deliver
unparalleled value in the travel ecosystem. CWT's commitment to
providing our industry-best price assurance tools, under its Price
label, sets it apart from other TMCs."

CWT tested offerings from a variety of competing technology providers
and found Yapta consistently out-performed all others, in some cases by
a wide margin. CWT's initial customers in the U.S. were very successful,
and the scope for savings across the rest of the world is even greater.

"This technology can save our clients up to 2 percent – that's a huge
sum of money for any company with a sizable travel program," said
Patrice Simon, CWT's CTO, Strategy and New Product Development. "Best of
all, it's largely automated, running in the background 24/7, delivering
savings every single day."

Currently, CWT counselors manually rebook approximately 1 in 20
itineraries with the same flight or hotel at a lower rate. Fully
automating the process will further improve that rate. CWT is committed
to an ambitious global expansion of Price Tracking, targeting thousands
of clients around the world over the next 18 months.

FareIQ, Yapta's airfare price tracking solution, provides in-depth, 24x7
analysis and insights into corporate airfares, spotlighting
opportunities to re-book tickets at lower prices, saving corporations
crucial T&E dollars on a daily basis. Upon recognizing a savings
opportunity, FareIQ can automatically re-ticket air reservations without
the need of an intermediary agent. Companies adopting FareIQ see an
opportunity to save on more than 11 percent of all air travel
itineraries, with an average identified savings of $260 per ticket. Any
savings identified by FareIQ on behalf of its customers are over and
above any airline imposed change fees and agency re-booking fees,
ensuring customers see true value to their bottom line.

RoomIQ, Yapta's hotel rate tracking solution, dynamically monitors U.S.
domestic and international hotel bookings, looking for rate reductions
at the same hotel. Once a savings opportunity has been identified,
RoomIQ then issues an alert in the local currency. Companies utilizing
RoomIQ see an opportunity to save on approximately 12 percent of all
hotel bookings tracked – with an average savings of $109 per booking.
Overall, RoomIQ has helped companies lower their ADR by 4.7 percent.

For more information on how FareIQ and RoomIQ are delivering real
savings to managed travel programs, visit

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 7,000+ corporate customers. Recently named to Deloitte's Fast500 for
North America for 2017, Yapta pioneered the category of travel price
assurance. We're driven to help build confidence in our customers'
travel programs.

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