nuTravel CEO quoted in the ACTE Business Journal
January 19th, 2010 • In the Media
In article titled “Unmanaged Ancillary Fees: The New Big Savings for 2010″, Carpanzano speaks on how technology is “closing the content and accessibility gap for business travel managers and may be providing the industry with additional options in a matter of mere months.”
Carmine Carpanzano, President and CEO of nuTravel Technology Solutions (nuTravel), was recently quoted in the ACTE Global Business Journal.
In article titled “Unmanaged Ancillary Fees: The New Big Savings for 2010″, Carpanzano speaks on how technology is “closing the content and accessibility gap for business travel managers and may be providing the industry with additional options in a matter of mere months.”
The Association of Corporate Travel Executives (ACTE) is a not-for-profit association established to provide executive-level global education and peer-to-peer networking opportunities. Membership spans all of business travel, from corporate buyers to agencies to suppliers, and accords all sectors equal membership. ACTE serves more than 6,000 executives in over 80 countries.
From the article:
“Business travel managers are under a lot of pressure to cut costs while boosting traveler productivity and creating the potential for corporate growth through travel under difficult economic circumstances. We saw that when we introduced our ‘Smart Pricing’ structure, a program that makes a $2 transaction fee a customizable alternative,” said Carpanzano. “Yet we are now working with the airlines, as are other companies, to develop a program that dovetails with carrier merchandizing strategies – which will be with us forever now – to simplify the tracking and reporting of previously unmanaged ancillary fees.”
With 72 percent of survey respondents citing data collection as a major challenge to tracking the total cost of a trip (and 50 percent claiming system limitations as a close second), business travel managers are caught in the middle. But not for long.
Carpanzano maintains the technology is available now, but must be reconfigured into a workable bridge between the corporate consumer and the vendor.
“This is the next step in a logical progression between preferred vendors and high-volume travel service customers,” he said. “We’re working on it, others are too. The goal is to produce a user-friendly system, within certain cost parameters, that takes the guess work out of pricing the total cost of a trip, while providing the carriers and the corporate consumer with additional options.”
Also featured in the article are Richard Crum, ACTE President; Kathy Voss, VP for Carlson WagonLit; and Akbar Bare, CEO Qatar Airlines.
Check out the full version here: http://actegbj.com/2009GBJ2/