WeTravel announced this week new features to its travel business management platform that aim to break down payment barriers, attract a broader base of international bookings and simplify business management for any multi-day travel business.
The new features include:
- Inventory management: Travel businesses can manage unlimited accommodations across trip packages and departure dates, which will automatically update their inventory availability based on bookings, as travelers seek more add-ons and upgrades.
- Multi-currency checkout: International travelers can pay in their local currency, regardless of how the trip is priced, opening opportunities for travel businesses to increase bookings from global travelers.
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- Calendar view: Travel businesses can view each departed and upcoming trip within a calendar view, making it easier to manage ongoing trips and share the logistics with suppliers, tour leaders and other stakeholders.
- Pre-registration: Adding this feature as a booking widget to a website can help travel businesses leverage interest on upcoming trips – like expeditions or retreats – for lead generation and strategic planning.
“We’ve focused this year’s first product release on new features and enhancements that support both booking management and payment flexibility in the travel industry,” said Johannes Koeppel, WeTravel’s co-founder and chief product officer. “However, the common goal of the four features we released is to support our clients in increasing bookings from international travelers and better managing these bookings.”
In October 2022, the company raised $27 million in Series B funding to boost travel fintech solutions. Last January Ted Clements was named as WeTravel’s CEO.
Phocuswright travel payments survey
Phocuswright is conducting a global study to assess key trends shaping payments and payment processing across the travel industry. All responses are confidential and data will be reported only in aggregate. As a thank-you, participants will receive a deck with highlights from the survey findings (estimated Q2 2024).