Trappit

Trappit is a technology-driven company specializing in airfare re-shopping solutions for corporations and travel agencies. Operating in the global travel market, Trappit leverages proprietary algorithms to monitor airline price fluctuations from the time of ticket purchase until the date of departure. This continuous monitoring allows the company to identify and secure lower fares on the same flight, airline, and class of service, ensuring clients achieve significant savings on their travel expenses. Trappit's business model revolves around partnering with travel agencies and corporations, providing them with a tool that automatically searches for lower airfares and notifies them when a cheaper option becomes available. This service is particularly valuable for business class and economy tickets that allow changes or cancellations, which constitute a significant portion of corporate travel bookings. By constantly tracking airfares and notifying travel agents of lower prices, Trappit helps clients control their travel costs effectively. The company generates revenue through partnerships and service fees charged to travel agencies and corporate clients who benefit from the cost savings achieved through their platform.

Keywords: airfare re-shopping, travel cost savings, corporate travel, travel agencies, proprietary algorithms, price monitoring, ticketing solutions, business travel, global market, airfare fluctuations.