Recently, a leading corporate for providing travel data aggregation and technology solutions, Traxo announced that a new investor, Airlines Reporting Corporation (ARC), had joined the company. ARC invested in supporting the growth of the company’s sales and marketing teams.
Traxo is a Texas-based travel data capture and intelligence solution provider across the world. Traxo allows travel managers as well as Travel Management Companies (TMCs) to track the total amount spent on travel. The API integration helps Traxo to share the same travel data with other corporate travel companies.
On the other hand, ARC is a leading air travel data distributer. It helps travel communities across the world to connect, grow, and thrive. According to the reports, ARC spent $94.8 billion in transactions between airlines and travel agencies, and the company represented over 295 million passenger trips.
The CEO and founder of Traxo, Andres Fabris, said that the main aim of Traxo is to authorize the travel ecosystem to make the data error-free. It smoothens the travel for travelers and suppliers, corporate travel teams and groups, and travel service providers at any time zone. He continued that ARC is a new partner of Traxo and shaping this mission differently. The unparalleled insights by ARC are a need of the corporate travel industry.
The CEO and President of ARC, Mike Premo, said that ARC would provide omnichannel retailing solutions that will help airlines, TMCs, travel agencies, and companies to do the business together. ARC is dedicated to Traxo in improving the corporate travel in every channel.
Now, Traxo has appointed two members in the board of directors that are Sam Gilliland, CEO and former chairman of Sabre Corporation and Lauri Reishus, COO and EVP of ARC to support the company in the travel industry. Fabris said that both Sam and Lauri had brought deep domain experience to the team. Traxo is trying to fill the gap in providing the incredible corporate travel experience for several stakeholders.