BELLEVUE, Wash.,
June 30 /PRNewswire-FirstCall/ -- Expedia(R) Corporate
Travel today announced that the company has updated its brand to clarify its
promise to customers, business travelers, travel bookers, suppliers and
partners. The company has become a strong, growing global business on a scale
that warrants its own distinct brand. As part of this effort, Expedia
Corporate Travel is changing its name to Egencia, an Expedia, Inc. Company.
The Egencia(TM) brand will serve as a platform to further define and
differentiate how the company is pushing the industry forward and driving the
next evolution for its customers. Whether arming travel managers with the
most in-depth global reporting tools available in the marketplace or enhancing
the business traveler experience through access to user-generated content,
Egencia is dedicated to delivering results that matter to corporate travel
clients. As the corporate travel brand within Expedia, Inc., the world's
largest online travel marketplace, the company is paving the way for further
growth and increased global competitiveness.
"We pride ourselves on our ability to adapt to our customers changing
needs and deliver the services expected of a true business partner, and the
Egencia brand reflects who we truly are as a company," said Jean-Pierre Remy,
president of Egencia. "Having led innovation in the corporate travel
industry, we see this as an opportunity to further define ourselves in the
marketplace and set a foundation for further advancements in the years to
come."
Egencia is also introducing new tools for business travelers, travel
managers and travel bookers that truly transform the business of travel. As
the fifth largest travel management company in the world, Egencia is known for
taking great strides and delivering meaningful solutions that create true
value for customers, suppliers and partners.
"Expedia Corporate Travel has had a huge impact on the corporate travel
industry," said Dara Khosrowshahi, president and chief executive officer of
Expedia, Inc. "As Egencia, the company has the platform to grow its position
in the marketplace and further evolve to stay ahead of the competition. With
Expedia, Inc.'s strength and support, this change elevates the company to a
whole new level, a true win-win situation for Egencia, its customers and
partners."
Improved Customer Experience
Egencia continues its strategy of smart and strategic innovation with
today's announcement of new solutions and technologies that benefit travel
bookers, business travelers and travel managers. In line with today's
announcement, Egencia is introducing several tools:
-- SeatGuru(R) -- A color-coded interactive airplane seating charts that
outline the pros and cons of different seats for over 275 airplanes and more
than 40 airlines. Provided by a community of frequent business travelers, the
integrated intelligence tool takes convenience and comfort factors -- such as
legroom and ability to recline -- into account. This informative SeatGuru
content is integrated within the seat selection process for travelers and
their bookers to help make more informed decisions for flights.
-- Hotel Reviews -- Traveler feedback and commentary appears on the hotel
search results page. A blend of leisure and business traveler feedback
further enables Egencia customers to make better decisions by sorting choices
by opinion rating and link to content from their My Itineraries page.
-- TripAdvisor(R) City Guides -- Gives Egencia business travelers access
to detailed destination information from the largest travel community in the
world.
"We led a paradigm shift within the industry five years ago when we
launched our powerful self-booking platform, showing companies that they
should expect more from their travel management company," said Remy. "That
was just the beginning. With today's news, I want to send another loud and
clear message: Egencia will continue driving innovation within the industry,
not because of trends or the latest headlines, but through a focused and
strategic approach. We never lose sight of the fact that we're in this
business to deliver results that matter to our clients."
Maximizing Value
Egencia also remains focused on delivering outstanding value to
corporations globally without compromising service. The introduction of
several new tools devoted to this goal include:
-- Ticket Performance Report -- As part of Egencia's commitment to arming
its customers with meaningful data to make real-time decisions, the company is
adding an unused ticket performance report. This added functionality will
help travel managers monitor their usage of unused ticket inventory, review
tickets that are about to expire, evaluate lost credits and determine overall
savings.
-- Customized Hotel Tools -- Powerful new tools that give travel managers
the control they need at their fingertips to customize hotel policies. These
tools allow them to easily configure how hotels are displayed based on
preferred suppliers and deliver personalized messages to travelers.
-- Global Customer Service Support -- Egencia continues to invest in
delivering strong, globally consistent customer service. By measuring the
performance of its travel consultants down to the individual level, the
company brings additional accountability and oversight to a travel program,
ensuring that travelers receive the same quality experience time after time,
wherever they travel with Egencia.
-- Egencia(TM) Preferred Program -- Egencia is dedicated to negotiating
unique rates and services on behalf of its customers that would not otherwise
be available. As part of this effort to pass savings on to business travelers
and corporations globally, the Egencia Preferred Program is expanding beyond
hotel rates to include air and car rates.
"Expedia Corporate Travel has been a key partner for Continental in
reaching additional business travelers around the world, allowing us the
opportunity to promote our quality service and products to ECT's very valuable
client base," said Dave Hilfman, Senior Vice President of Worldwide Sales,
Continental Airlines. "As Egencia, the company will continue to be an
integral part of our long-term distribution strategy, particularly in light of
their strong management team, superior technology and ability to provide true
value to our mutual customers."
Expanding Global Footprint
Egencia integrates the components of business travel so that companies can
maintain a global edge. A global view combined with a deep knowledge of local
markets ensures that our customers have the support they need where it
matters. To this aim, Egencia Canada has entered into an agreement regarding
the acquisition of Mississauga, Ontario-based Synergi Global Travel
Management, a leading Canadian corporate travel management, meetings and
incentives company.
The acquisition builds upon Egencia's existing presence in Canada and
expands on its current strong service and product offering to Canadian
business travelers and companies who do business on a local and global scale.
It will enhance Egencia's existing team with additional experienced corporate
travel professionals and expand its customer base with key clients.
About Egencia, an Expedia, Inc. Company
Egencia is the fifth largest travel management company in the world. As
part of Expedia, Inc., (Nasdaq: EXPE), the world's largest travel marketplace,
Egencia helps business get ahead by offering the only truly integrated
corporate travel service. Egencia's industry expertise and the partnerships
the company has built help drive results that matter, delivering meaningful
advancements that have a real impact. By combining a powerful offline and
online service, Egencia delivers a complete corporate travel offering
supported by global market expertise and a best-in-class technology platform.
For more information, go to Egencia.com.
Expedia, Expedia.com, Expedia Corporate Travel and Egencia are either
registered trademarks or trademarks of Expedia, Inc. in the U.S. and/or other
countries. TripAdvisor and SeatGuru are either registered trademarks or
trademarks of TripAdvisor LLC in the U.S. and/or other countries. Other logos
or product and company names mentioned herein may be the property of their
respective owners.
(C) 2008 Expedia, Inc. All rights reserved. CST# 2029030-40, 2083922-50.