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TRX Joins NBTA Task Force on Ancillary Fees
Jul 29, 2010 (03:07 PM EDT)
NBTA Invites Travel Industry Leader to Participate In Special Task Force
ATLANTA, July 29 /PRNewswire/ -- TRX, Inc. (www.trx.com) (Other OTC: TRXI), a world-leading provider of travel technology, process automation, consulting and data services, today announced its participation in a special National Business Travel Association (NBTA) task force focused on the management of airline ancillary fees.
According to US Department of Transportation statistics, US airlines generated $1.86 billion in revenue from ancillary fees in the first quarter of 2010, up 33% from last year. Based on the belief that corporate buyers need increased transparency to understand the full impact on their overall airline spend and travel policy, NBTA organized a special task force to develop a best practices approach to solving issues created by the growth in airline ancillary fees.
The NBTA Airline Ancillary Product Global Task Force represents constituents that affect booking, payment, and tracking air travel expenses, including credit card issuers, Global Distribution Systems (GDS), airlines, travel management companies (corporate travel agencies), and corporate travel buyers. TRX will contribute its expertise in the areas of data capture, normalization, enhancement and reporting.
"We are excited to lend our expertise to NBTA's special task force on ancillary fees," said Shane Hammond, President and CEO, TRX. "TRX provides a unique perspective on the management and reporting of ancillary fees, and we know firsthand the impact ancillary fees have had on corporate travel managers."
TRX's TRAVELTRAX® reporting solution delivers improved insight into all travel-related expenses including fees resulting from airline, hotel, and car rental agency service-specific fees incurred post booking. More than 10,000 corporations who rely on TRAVELTRAX to provide travel and expense reporting and analytics services now have instant access to dashboard reporting capabilities that provide travel managers greater insight into ancillary fee expense.
TRX is a world-leading travel technology and data services provider, offering more than 20 software-as-a-service utilities for online booking, reservation processing, data intelligence, and process automation. We deliver our technology applications in an on-demand environment to travel agencies, corporations, travel suppliers, government agencies, credit card associations, credit card issuing banks, and third-party administrators. We provide patented savings maximization solutions via our travel analytics consulting practice, extending spend management services to travel buyers all over the world. We complement all of these offerings with a global workforce focused on travel process automation and reengineering. For more information about TRX or to contact a TRX sales office, phone 404.929.6100 or visit the company's Web site at www.trx.com
SOURCE TRX, Inc.