nuTravel redefines corporate travel again with a new subscription-based “Smart” pricing model
November 23rd, 2009 • Partnerships, Products and Services, nuTravel CTS
nuTravel Technology Solutions, provider of leading corporate online booking tool nuTravel CTS, has just unveiled its new and unique “Smart Pricing” model – including ticketed transaction fees as low as $2 – that both redefines corporate travel procurement and effectively compliments agency budgets of any size.
With the business economy still on a slow upswing, Travel Management Companies (TMCs) and corporate travel buyers are increasingly seeking methods to streamline travel budgets while retaining top-line value and service.
While other technology providers continue to court customers with long-winded pricing structures, add-on fees and static technology architecture, nuTravel Technology Solutions (nuTravel) has once again redefined the role of a versatile and true-solutions provider to the industry with its new “Smart Pricing;” a subscription-based pricing structure for its core product: online self-booking tool nuTravel CTS.
Long known as a budget-conscious and highly customizable alternative to the standard players in the marketplace, nuTravel CTS has consistently been the fastest and most flexible corporate online booking tool in the marketplace.
“Our tools have impacted the industry in a very positive way,” says nuTravel CEO Carmine Carpanzano. “The nuTravel CTS product line has changed and exceeded the expectations of the savvy corporate travel customer, so it is only fitting that we take this performance one step further by introducing a pricing model to revolutionize the marketplace.”
nuTravel’s new and unique “Smart Pricing” model, including ticketed transaction fees as low as $2, both redefines corporate travel procurement and effectively compliments agency budgets of any size.
“With business travel affected by the economic downturn, we want to be able to enable businesses to leverage the value of our products to increase productivity as well as profitability,” continued Carpanzano. “We designed our smart pricing to alleviate risk by giving TMCs access to multiple low price points simply and easily, while enabling the potential for them to adjust their spending based on the needs of their clients, NOT the technology provider.”
A Smarter Alternative
The new pricing model allows for TMCs and corporate-direct customers to select from a well organized tier of price levels based on number of transactions per month; a veritable “one price covers all” fee per month, offering unlimited functionality and unconditional services.
Perhaps one of the more dramatic elements of the pricing is the ability to offer transaction fees as low as $2 per actual ticketed transactions as opposed to PNR creations.
The smart pricing model also sidesteps other costs to TMCs, such as implementation (sign-up) charges and monthly maintenance fees; fees that competitor technology providers continue to issue customers.
“We are excited about the new pricing model because it rewards adoption with lower pricing, which is paramount in this economic climate,” said Vin Rosa, Managing Partner at WorldTek Travel Management.
WorldTek, a privately owned travel management company, is always looking for ways to reduce costs for clients while providing exceptional and measurable service to each individual traveler.
Disrupting the marketplace
Officially launching to customers in November 2009, nuTravel’s new subscription-based “smart” pricing model offers complete and unabridged access to its suite of online tools.
nuTravel, launched in 2004, descended upon the marketplace as a force to be reckoned with – leading the way as an alternative to the standard corporate travel technology tools that afford no “room” for customization and insist on high prices and slow development time.
“nuTravel is perfectly suited to the kind of clients Protravel specializes in; small to mid-size companies who need a combination of online booking for the simple, transactional trips and dedicated agents to handle the more complex itineraries,” said Tony Shepherd, Chief Operating Officer for ProTravel International. “We have tried a number of online booking systems over the years, and while there are advantages and disadvantages to all of them, we have been extremely satisfied with nuTravel to this point. More importantly, our clients like the product.
Protravel International Inc. is a privately held agency operating out of New York City, with 22 locations and 550 employees worldwide.
“They like the user interface, the ease of use and the speed of operation,” continued Shepherd. “From our perspective we have found the nuTravel employees great to work with and they are responsive and knowledgeable. We have even conducted joint sales calls and consider them to be an invaluable part of our sales team whenever we have to present online booking options. The new pricing model allows us to price our online reservations at a level that is both competitive and profitable.”
nuTravel’s fast and flexible tools include nuTravel CTS, a fully-customizable online self-booking tool; CTS Expense Tracker, a tool that allows corporate travels to manage and control costs via an enterprise-class expense management system; CTS Groups and Meetings, a tool aimed at fulfilling business needs that seek and/or require group travel for meetings or events; CTS Profile Manager, which enables a dynamic, data-driven process as an alternative to the manual process of entering and editing profiles for corporate travelers; and CTS Consumer Direct, a turn-key, web based travel reservation technology for small and mid-size agencies on tight budgets.
“Working with nuTravel and customizing the site allowed us to address specific client’s needs and they have been very pleased with the overall user experience,” remarked Jennifer Wilson-Buttigieg, Co-President of Valerie Wilson Travel, Inc. “Valerie Wilson Travel is able to manage corporate travel policies down to an individual traveler by customizing the corporate sites with preferred suppliers, exclude non-preferred suppliers and program specific user-defined policy checks.”
Valerie Wilson Travel, Inc. is a 28-year veteran in the travel marketplace, servicing industries as diverse as fashion, publishing, finance, new media and pharmaceuticals.
“We continue to look forward to future enhancements with CTS,” added Wilson-Buttigieg.
For more information, visit nuTravel at www.nuTravel.com or email info@nuTravel.com.
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Notes to Editors:
About nuTravel Technology Solutions
nuTravel Technology Solutions delivers the corporate travel industry’s fastest, most comprehensive and flexible online corporate self-booking tools; providing a robust and intuitive selection of travel booking content and capabilities that seamlessly integrate with travel management companies and corporations. Our tools enforce travel policy, optimize vendor relationships, reduce service fees, increase profits and improve operational efficiency while streamlining the day-to-day processes of corporate travel programs and creating a quick, easy and affordable experience for travelers and travel managers. For more information, please visit www.nuTravel.com.
About WorldTek Travel
With 42 years of history behind its name, coupled with a powerhouse of four industry veterans, Worldtek emerges today as one of the most progressive and talented travel companies in the market. At a time in the travel industry when “mega” agencies are dominating the industry, pressuring clients to accommodate their needs into already established molds for service and savings, Worldtek stands tall as the unique alternative. Please visit www.worldtek.com.
About ProTravel International Inc.
Founded in 1984, PROTRAVEL INTERNATIONAL INC. is a full service dynamic retail travel company. With annual sales approaching the 600 million dollar mark, we rank among the top privately held agencies in the United States. Our Corporate headquarters are located in New York City supporting a network currently of 22 locations. Today over 550 people make up the PROTRAVEL organization. Our expertise in destinations, international faring and competitive products coupled with our superior network of contacts in the airline, hotel, cruise and hospitality industry makes PROTRAVEL the most powerful selling force in the travel industry. Please visit www.protravelinc.com.
About Valerie Wilson Travel, Inc.
Over twenty eight years ago, Valerie Ann Wilson – then, a business traveler – decided to open a travel consulting firm to offer what was lacking in the industry – knowledge and service. With high regard for personal attention and detail, Valerie Wilson Travel, Inc. is today one of the largest privately owned and family managed corporate travel consulting firms in the United States. Our growth in an industry so competitive was not without assistance. We had help – from our clients. Referrals from our clients account for most of our growth. We are amongst a handful of travel management companies without a corporate sales team. Our philosophy is that of controlled growth. Valerie Wilson Travel, Inc. services clients in industries as diverse as fashion, publishing, finance, new media and pharmaceuticals. Please visit www.vwti.com.
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Media Contact:
Joseph Ascanio
Director, Marketing and Interactive Media
nuTravel Technology Solutions
(914)848-4566 x13
(914)848-4169 fax
jascanio@nuTravel.com