The Flight Centre Travel
Group (FCTG) has made
a 25% investment in The
Upside Travel Company.
Upside is a corporate
travel company launched
in 2017.
With this investment
FCTG aims to improve its
technology capabilities,
specifically in the small
and midsize corporate
market and use Upside’s
platform to digitally
enable its corporate
traveller business using
artificial intelligence and
machine learning.
The deal will also
bolster Upside as it gains
access to FCTG’s supplier
relationship and global
reach as it continues to
develop software with a
broader set of travel data
inputs.
The Upside product will
soon take advantage of
the emerging standards
called Next-Generation
Storefront, which are
being developed by
ATPCO in collaboration
with airline and industry
leaders. Incorporating the
new standards for product
display is a priority for
both parties and is
expected to take place in
Q2 of 2019.”
Flight Centre invests in technology company
26 Jun 2019
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