Commission-Free, No-Middle-Man Marketplace Connects Suppliers
and Travelers Directly
NEW
YORK, July 10, 2024 /PRNewswire/ -- The
ineluctable middlemen have long been the problem with the travel
industry - too many layers and mouths to feed between suppliers and
travelers. Some $75B a year in hotel
commissions and short term rental booking fees are paid to the
largest online travel retailers Airbnb, Expedia and Booking.com
that inflate prices for consumers diminishing discretionary
spending on travel. Adding to the problem is the strife between
retailers and hosts with different motivations for implementation
of rules, communication and ownership of the traveler pushing
suppliers to look for alternatives.
![NB NB](https://mma.prnewswire.com/media/2457823/Nowboarding_Logo.jpg)
That is until today - goodbye having to go to individual
websites and assorted online travel agents to get the best deal.
NowBoarding enables suppliers to efficiently reach their ideal
customer base, commission free, selling directly from their
proprietary inventory systems within the nowboarding.ai marketplace
once and for all. NowBoarding has changed the business model in
travel, introducing a freemium subscription that allows the
platform to be completely market neutral and void of pesky
sponsored ads that are expensive to suppliers and oftentimes not
relevant for users. Subscriptions are free for suppliers with less
than three listings, generally smaller short term rental hosts that
require no integrations all the way to enterprise hotels that pay
$5,000 annually per property
including all integrations and payment facilitation.
Chris Moss, CEO of NowBoarding,
explains, "Our mission is to be the most meaningfully connected
travel marketplace in the world. NowBoarding leverages machine
learning to perfectly match supply with demand by allowing the
suppliers, in real time, when consented by the traveler, to
understand user intent and propensity to buy, automatically
distributing personalized offers to a desired traveler for
suppliers."
"The travel market is keen on marketing personalization but low
on delivery - the omnichannel ecosystem is at war with itself.
Supplier websites deliver an incomplete and fragmented planning and
search experience, while the OTAs' model is obstructive, rigid and
costly." As Moss further explains, "Every supplier globally wants
to reduce costs and increase sales. We can save hoteliers up to 99%
on cost of sale and distribution while delivering the holy grail -
consented real time search data to help them increase customer
connection, loyalty and sales."
Two Disruptive Features are the Focus of Launch
First, Price Match Fusion enables travelers who have
booked a hotel at any of the large online travel agencies to price
match it at nowboarding.ai. Once the traveler completes the Price
Match Fusion wizard, the hotelier the traveler has booked with will
be notified directly so it can create a personalized offer directly
from its system, bypassing the commissions and repurposing that
money toward the client. This takes advantage of the fact that 60%
of hotel bookings are cancellable up to 48 hours prior to
check-in.
Secondly, NowBoarding's Whisk Me Away feature empowers
users to list a desired destination. Once they set a radius on the
map of where they want to go, select dates and number of travel
companions, users will have created a brand new trip in which
suppliers will fight to win their business. Using NowBoarding's
Search Hawk functionality, suppliers will readily see these leads
and be able to respond automatically with relevant, personalized
offers.
The platform is now live with over 180,000 listings globally and
growing rapidly. It offers short term rentals without the 12.5%
average service fees of Airbnb, as well as hotels ranging from
smaller independents to the biggest brands in the world. The
company will move quickly to add a proprietary chat system, groups
to help suppliers further micro segment and multiple categories
with the aim to have 16 by the end of 2025.
For more information on partnering with NowBoarding, please
reach out to press@nowboarding.ai.
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SOURCE NowBoarding Holdings, Inc.