Mondee's TripPro platform has over 45,000 registered agents globally and processes over 50 million daily searches and multi-billion dollars of annual transactional volume.
The new partners say they aim to bring Peakwork technology into the Taiwanese leisure market and implement features in local applications.
Developing an aircraft that can pass regulatory scrutiny is complicated enough, but equally challenging is the need to prove to airlines that the model will turn a profit.
The two companies have been partners for more than three years, jointly delivering solutions to Southwest Airlines, easyJet, and LATAM Airlines.
SiteMinder is poised to reach a $1 billion valuation ahead of other hotel tech contenders, such as Cendyn and RateGain.
The company’s solutions are used by 8,000 hotels in China and have helped upgrade 350,000 rooms.
Whizar estimates that US travel agencies alone could save $11 billion annually by optimizing the purchase of tickets.
This round of financing will be used for product research and development, high-level talent acquisition and industry ecosystem construction.
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