March 23, 2017 6:35 PM ET

Internet Software and Services

Company Overview of Yapta, Inc.

Company Overview

Yapta, Inc., also known as Your Amazing Personal Travel Assistant, provides airfare and hotel price tracking and assurance services for corporate and personal travelers. The company offers FareIQ, an intelligent price tracking and airfare savings alert service, as well as RoomIQ, which monitors hotel bookings for price reductions and amenity gains on comparable rooms at the same hotel, sending alerts if room rate drops for corporate travel. It also provides price tracking services for personal travelers in the areas of flights, rental cars, and airline refunds. Yapta, Inc. was founded in 2006 and is based in Seattle, Washington.

159 South Jackson Street

Suite 330

Seattle, WA 98104

United States

Founded in 2006

Phone:

206-625-2301

Key Executives for Yapta, Inc.

Chief Executive Officer, President and Director
Chief Financial Officer
Head of Engineering
Vice President of Client & Product Management
Vice President of Sales
Compensation as of Fiscal Year 2016.

Yapta, Inc. Key Developments

Yapta Powers New Airfare Price Tracking Service from Egencia

Yapta announced a partner agreement with Egencia, the corporate travel offering of the Expedia, Inc. At the close of 2015, Egencia began offering customers in the United StatesFare Savings Finder, a dynamic airfare price tracking solution powered by Yapta. Fare Savings Finder dynamically scans for lower fares on the exact same flights, alerting agents to rebook when savings are found. Preliminary results of Yapta’s airfare tracking technology for Egencia customers have shown an average realized savings range of nearly $120 to over $425 per booking off the originally booked ticket price. Egencia customers using the Fare Savings Finder have access to the core analytics dashboard engineered by Yapta.

Yapta Unveils Advanced Performance Data Analytics and Dashboard for Corporate Customers

Yapta introduced next-generation insights and analytics with 'Professional' and 'Premium' reporting capabilities for enterprise clients utilizing FareIQ or RoomIQ, the company’s intelligent price tracking technologies. Understanding the importance of clear visibility into net savings and detailed performance data, the company provides all RoomIQ and FareIQ customers with access to Professional reporting as part of its standard offering. The Professional reporting package provides dynamic, real-time access to overall program and savings performance metrics, including spend tracked, identified and realized savings, and average daily rate (ADR) metrics available for ad-hoc reporting. All customers also receive automated weekly and monthly email summaries spotlighting spend tracked, realized savings, and visibility into missed savings opportunities. In addition, the Professional reporting package allows travel managers to benchmark the performance of their price monitoring program against others in the industry. Additionally, the company has introduced an enhanced reporting dashboard that features Premium packages for both RoomIQ and FareIQ. The RoomIQ Premium reporting package provides detailed data by hotel brand or by specific property offering close examination of negotiated rates compared to public rates, including both fixed market rates and dynamic rates. It also assesses the dollar value of amenities and various room types summarized by brand and detailed down to the property level. The RoomIQ Premium reporting package also allows travel managers to assess the value of their negotiations by capturing insights into whether they received discounts on Best Available Rate (BAR) and/or were offered Last Room Availability (LRA). The Premium reporting package for FareIQ customers also offers a more detailed examination of the performance of negotiated fares relative to public fares and identifies important pricing trends across airlines, key markets, and class of service. Data is summarized by supplier, by origin and destination, and by top markets to provide additional leverage when negotiating with suppliers.

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Recent Private Companies Transactions

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