NavigantVacations.com invests in Hospitality Partners

NavigantVacations.com and Hospitality Partners Inc., formerly LastAvailable.com, have joined forces to offer online leisure booking solutions and travel technology to the managed travel market.
NavigantVacations.com has also taken an equity position in the Raleigh, NC-based technology company with a reported value in excess of $1 million.
As part of the hardware and hosting agreement, NavigantVacations.com will use Hospitality Partners’ Tresetta Travel Technology to power its online accommodation and activity bookings section of its Web site and to manage its online travel auctions. Tressetta is an online leisure travel solution that includes proprietary inventory management, reservation, and auction software with connectivity to multiple computer reservation systems. Tresetta also provides inventory through established supplier relationships.
“It was a clear choice for our company,” said Todd Tarbert, President, NavigantVacations.com. “Not only does Hospitality Partners offer a solution with unique inventory and a positive user experience, but the professionalism and experience of the Hospitality Partner’s management team will ensure that the integration process runs smoothly.”
Tarbert, who served as president and CEO of Seattle-based Destinations.com, Inc., has taken a seat on the Hospitality Partners board of directors. Before joining Destinations.com, he founded Synergies, Inc., a Seattle-based consulting and venture capital firm, specializing in start-up and growth-oriented companies, including numerous Internet-based ventures.
“We are thrilled to bring our product to market with a company as well-respected as NavigantVacactions.com. This is a huge opportunity for Hospitality Partners,” said Gene Pease, CEO of Hospitality Partners. “In addition, Todd’s experience in the travel industry as well as the investment community will be an asset to our board.”
Last month Navigant International, the parent company of NavigantVacations.com, launched ReportFLYR 2.0, an intuitive Internet-based reporting platform for business travel managers allowing instant access to client travel information while facilitating the management and control of corporate travel expenses.
“With this new platform we move beyond travel management to providing our clients with true travel intelligence,” said Thomas Nulty, president and chief operating officer of Navigant International. “Navigant now has the unique ability to ensure that all of our locations offer the highest level of customer reporting through the use of a common database.”
The new Web-based platform will be offered at three levels, with the first level providing travel managers access to standard reports. The second level of the product has Web-based reporting for users who need to view published, formatted reports, and receive the data within their browser. The third and most sophisticated level of ReportFLYR 2.0, gives on-demand analysis of complex travel data by using pivot tables, charting and drill-down functions. This also has exporting and importing capabilities across a wide variety of databases and formats.
ReportFLYR 2.0 utilizes Navigant’s information infrastructure, in which nearly all Navigant business units share a common internal industry accounting platform. Ticketing, customer profile and transaction information is processed through a data-cleaning to ensure enterprise-wide consistency. All of the data is then stored in a robust data warehouse, enabling travel managers to access accurate, up-to-date data instantly.
Navigant has been testing the new platform with clients since early November. “Our initial experience with the ReportFLYR 2.0 product has exceeded my expectations for a sophisticated reporting tool,” said Donna Hudspeth, travel manager for Dallas-based CompuCom, a digital infrastructure solutions company, which was one of Navigant’s primary beta-test sites for ReportFLYR 2.0. “Navigant’s product is very robust. It provides the raw data and enables users to manipulate pertinent information as necessary.”
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