Advito, a global corporate travel consultancy, has created Airfare Predictor, one of the first advanced airfare tracking tools, in partnership with Air Cube, a leading aviation business intelligence and data mining company, the company said.
The firms worked together to develop technology that Advito´s consultants can use with other tools to provide new savings opportunities to travel managers. The tool measures pricing trends and booking class availability. The ability to compare current and future pricing while negotiating with airlines is backed by real-time, global intelligence. The intelligence helps companies understand prospective fare availability, often for the first time for most corporations, which creates a level playing field for airlines and corporate buyers.
Airfare Predictor supports Advito´s holistic, ongoing approach to travel program performance management and will be integrated with the company´s Dynamic Performance Management and Traveler Engagement services.
Advito offers a powerful, intelligence-driven framework that dynamically manages supplier spend and traveler behavior, travel programs can continuously run in balance and at peak performance, keeping the needs of all stakeholders met.
Air Cube, the market leader in airfare related business intelligence, is a privately-owned company combining expertise in Business Intelligence & Data Mining together with a keen business understanding of pricing and travel distribution supported by decades of combined experience in the airline and travel sector. Air Cube is a trusted supplier of airlines, online travel agencies and travel management organizations worldwide.