TravPax Solutions

TravPax offers travel companies a complete booking and dynamic travel packaging platform that links them to the inventory of more than 60 global travel suppliers. Established six years ago the company has grown to become the largest travel IT company in Southeast Asia based on IT staff on its payroll. Its operational base is in Bangkok where a team... of developers have just competed the Beta edition of TravPax 5. "We have 73 IT staff who have been working on TravPax 5, which will transform our business model from that of a travel IT company to that of a land content GDS," he told guests attending the event. Built from scratch and including data collection and feedback from agents, TravPax 5 has a development bill in the region of USD2 million. "90% of all our profits has gone into R&D, Maytal said, TravPax 5 a new concept with an all-new mobile platform, fast, stable, state-of-the-art tech that supports DMCs and outbound travel firms and just about everyone in travel." The company claims a customer base of close to 80 companies that pay a monthly fee to run the in-cloud booking system and travel packaging platform. The list includes companies in the US, Europe, the Middle East, but the bulk of travel firms using TravPax are in Asia, where the company sees the biggest potential for growth. They can tap an inventory of online packages and travel services offered by 60 wholesalers and suppliers as well as three major global distribution systems (Amadeus, Sabre and Travelport). Speed and stability were the two topics the CEO hammered home in his 30-minute presentation that relied heavily on a real-time demo of TravPax 5. It was impressively fast to watch. In less than a second the system displayed 1,200 hotel rates and availability in Paris, "faster than Agoda," the CEO claimed. "We can process 20,000 requests in 0.8 seconds flat." "We have invested heavily in new cache technology that allows our customers to access the cheapest possible options for their clients in less than a second." Another key feature for ...Read More