ORLANDO, Fla. & TORONTO--(BUSINESS WIRE)--Tourico Holidays, the world’s fastest growing travel wholesale company, today announced that it has expanded its partnership with Points (TSX:PTS) (Nasdaq:PCOM), the global leader in loyalty currency management, offering Points Travel users tens of thousands of new, attractive hotels throughout the world.
Points Travel, the first private label travel eCommerce platform designed specifically for the loyalty industry, helps loyalty programs increase their revenues from hotel sales while offering new, non-air redemption options to loyalty program members. Travel partners of leading global loyalty programs can now offer their members the ability to purchase special, exclusively-negotiated hotel rates using their points, miles, or a combination of loyalty currency and money.
“Adding Points as a distribution partner is another example of Tourico’s commitment to gaining visibility and brokering more rooms for our hotel suppliers around the world,” said Jason Soss, President of Global Business Development for Tourico Holidays. “And with nearly 100,000 new hotels to choose from, loyalty programs have yet another reason to integrate Points Travel.”
“This expansion of our inventory partnership with Tourico Holidays is the latest example of Points’ ongoing investments in delivering loyalty program partners access to even more attractive hotel rates - leading to increased earning opportunities and higher-value redemptions for loyalty program members around the world.” Said Rob MacLean, CEO Points.
Points Travel, including the new Tourico hotel inventory, can be quickly integrated into loyalty programs’ web and mobile properties to create a highly-converting, travel eCommerce offering that is program-branded and leverages the capabilities of the Points loyalty commerce platform. Currently available in six languages, the user experience is simple and intuitive, taking members from consideration to purchase in just a few clicks, ultimately rewarding members with thousands of miles or points and the ability to redeem for bookings at hotel locations across the globe.
About Tourico Holidays
Tourico Holidays is a leading global travel distribution company that contracts directly with travel providers, such as hotels, flights, cruise lines, attractions, car rentals, vacation homes and more. Tourico Holidays works on a high-volume, wholesale model to broker this inventory to over 4,900 clients in 100 countries using proprietary technology.
Points, publicly traded as Points International Ltd. (TSX:PTS) (Nasdaq:PCOM), is the global leader in loyalty currency management. Via a state-of-the-art loyalty commerce platform, Points provides loyalty eCommerce and technology solutions to the world's top brands to enhance their consumer offerings and streamline their back-end operations.
Points' solutions enhance the management and monetization of loyalty currencies ranging from frequent flyer miles and hotel points to retailer and credit card rewards, for more than 50 partners worldwide. Points also manages Points.com, where more than 4 million consumers use the only industry sanctioned loyalty wallet to not only track all of their loyalty programs but also trade, exchange and redeem their miles and points. In addition to these services, Points' unique SaaS products allow merchants and businesses to reward their customers with points and miles from the world's largest loyalty brands.
In 2014, Points acquired PointsHound, a hotel booking engine and loyalty currency aggregator built specifically for frequent travelers. PointsHound enables loyalty program members to earn loyalty points for staying in their favorite hotels and also to earn bonus rewards in the form of airline miles. Members of the free-to-use site have access to over 150,000 hotels worldwide, including boutique and non-chain properties.
Points has been widely recognized among the loyalty and technology communities alike. The Company was named the 8th largest Canadian software company and the 27th largest Canadian technology company by the 2016 Branham300 list. For more information on Points, please visit www.Points.com, follow us on Twitter (@PointsLoyalty) or read the Points company blog. For more information on PointsHound, please visit www.PointsHound.com.