FLYR is a technology company that provides AI-enabled revenue management and pricing solutions for airlines, cargo and hospitality sectors. Its FusionRM platform uses machine learning to forecast demand and optimize revenue across the airline commerce funnel, aggregating data from multiple sources and delivering actionable insights for dynamic pricing, elastic demand forecasting, and bundled offers. The solution supports inventory, pricing, and offer decisions to modernize e-commerce experiences and improve revenue performance through forecasting, automation, and analytics. Founded in 2012 and headquartered in San Francisco, the company was formerly known as Hubskip, changing its name to FLYR in 2014.
Pace operates a revenue management platform for hotels and hostels, founded in 2017 and based in London. The platform delivers real-time forecasting, price sensitivity analysis, and automated pricing decisions by applying machine learning and proprietary algorithms to optimize revenue and occupancy. It integrates with a property's management system to turnaround pricing within a day of integration, helping hoteliers respond rapidly to demand shifts and maximize bookings across channels.
Pribas
Acquisition in 2022
Pribas is a software solutions company focused on the travel and tourism industry. It specializes in developing innovative and reliable software that addresses complex challenges faced by airlines and touristic providers. By utilizing modern and proven technologies, Pribas ensures the longevity of its systems and offers extensive support to its clients. The company also provides training programs and workshops, both internally and externally, to enhance client capabilities. Through its tailored solutions, Pribas aims to help its clients increase sales volume while reducing distribution costs, positioning itself as a trusted partner in the travel sector.
Newshore Servicios Globales
Acquisition in 2022
Newshore is an IT consultancy firm specialized in delivering technology solutions for airlines.
Faredirect
Acquisition in 2021
Faredirect is a company that specializes in ancillary revenue management for the travel industry, specifically targeting airlines. Its innovative platform leverages machine learning to optimize the offering of ancillary products, such as extra luggage, seat selection, and onboard meals. By using dynamic pricing strategies, Faredirect ensures that airlines can present the right ancillary products at the right moment to enhance customer satisfaction and maximize revenue. This approach is particularly vital for airlines looking to improve their financial performance in a competitive market, especially as they focus on sustainable recovery. Through its data-driven solutions, Faredirect aims to significantly increase the conversion rate of ancillary product sales, thereby unlocking additional revenue streams for its clients.
xCheck
Acquisition in 2021
xCheck is a company that specializes in providing advertising technology solutions tailored for the airline industry. It develops marketing automation software aimed at generating incremental flyers for airlines. By utilizing a Global Distribution System (GDS) connection or carrier-supplied APIs, xCheck maps and analyzes available inventory, enabling airlines and travel businesses to identify and advertise the lowest prices permissible under Department of Transportation regulations. This innovative approach helps airlines optimize their pricing strategies while ensuring compliance with regulatory standards.
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