SAN FRANCISCO--(BUSINESS WIRE)--W Travel (W) today announced a strategic partnership with NexTravel to reinvent corporate travel on a global scale and at a substantially lower cost to their clients.
Together, the companies offer businesses a travel management solution that – for the very first time – combines the ease of a self-serve online platform, which is easy to set up, customize and integrate with W Travel’s high-touch offline service experience with a never-before-seen global footprint. This seamless intersection of technology and service, available with standardization in user experience from start to finish, and access to deals and discounts across a client’s worldwide locations is yet to be achieved – even by the largest players in the corporate travel industry.
With an already impressive portfolio of fast-growth, new-age companies utilizing the W-Nex solution, the companies expect to experience a massive reshaping of the travel management landscape.
“Current players are dinosaurs, many of which have been slow to innovate, particularly in terms of building technology and tools that support actual customer needs,” NexTravel CEO Wen-Wen Lam said. “On top of that, most boutique agencies are only serving the US market and not looking abroad,” Lam added.
NexTravel’s mission is to build the best travel booking experience for business travelers in the world. Internal data points to that happening, with the company’s clients preferring to use the platform over direct to supplier and online travel agency tools. NexTravel has also reported an average 98 percent online adoption rate from its clients, compared to the industry standard of a mere 51 percent.
“To have a single point of contact for travelers and to receive the same customer experience and reporting whether online or offline for our customers based in San Francisco to Sydney is unparalleled – the W-Nex travel solution is breaking the existing corporate travel paradigm,” W CEO Sarosh Waghmar said.
Both W Travel’s and NexTravel’s clients across industries share one common factor – Small to Medium sized enterprises SME’s with rapid growth requiring a presence across several time zones. In order to have full control over its service standard, W Travel did away with the industry standard of expansion through partnering with travel companies by time zone. Instead, it developed a proprietary global platform with service and account management teams set up by time zones, supported by a central training and client servicing platform that provides the exact same reporting and service standard irrespective of client location.
About W Travel (www.wholdings.travel)
W Travel is a New York based next generation global travel management company servicing the who’s who of the private equity, venture capital, hedge fund, technology and new age companies of the world. W Travel combines unprecedented single point service standards with big-boy corporate discounts garnered from consolidating the demand across its SME clients. Our clients are not afraid to question existing paradigms and shake up things to build a better world – and neither are we when it comes to their travel needs.
NexTravel is a San Francisco based company that provides a consumer-centric booking experience for the global enterprise market. NexTravel facilitates corporate bookings for flights, hotels, cars and other ancillary supply, while allowing companies to take advantage of travel management features such as building travel policy, centralized card and easy expense reporting with select expense partners including Expensify, Tallie and Abacus.