Business travel and expense company Concur continues its investment binge with a $5 million strategic investment in airfare and hotel rate tracking service Yapta.
And the immediate beneficiary is Concur unit TripIt as users of its premium TripIt Pro service, which is geared toward business travelers, will be able to access the Yapta airfare tracking and price assurance services. With Yapta, users can recieve partial refunds from U.S. airlines when the fare drops after a booking.
Yapta had already powered flight-tracking for TripIt’s free service, and now this will be extended to TripIt Pro when the two parties integrate the service.
Read full story at: http://www.tnooz.com/2011/07/20/news/tripit-pro-to-get-yapta-fare-tracking-with-5-million-concur-investment/
