TRX, Inc., and Hotwire announced the
signing of an exclusive transaction processing contract.
As part of Hotwire`s
comprehensive customer care, TRX handles the distribution and fulfillment of
all airline tickets purchased on this leading discount travel website. With
this contract, TRX now provides transaction processing, fulfillment, and
distribution for seven major travel websites in the U.S. and Europe.
“Hotwire and its customer care team are proven innovators in the travel
industry,” said Trip Davis, TRX President and CEO. “We look forward to
providing the fulfillment and distribution tools that help Hotwire provide
superior customer service in this challenging time for air travel. We are
committed to the continuous refinement of our applications, and to working
with clients to deliver automation and scale that improve efficiency and
TRX is one of the largest providers of automated transaction processing
services in the travel industry today. The company`s technology automates
virtually every step of the ticketing and distribution process. TRX is on
pace to process 10 million online tickets in 2001—one of every five
purchased via the Internet.
TRX offers travel industry clients an unmatched combination of expertise,
scale, service, and technology. The company provides transaction processing
solutions for travel agencies (online and offline), airlines, corporations,
and distribution systems in corporate and leisure markets. TRX projects
that its automated transaction volumes will increase by 50% in 2001 to an
estimated 21 million, representing more than $11 billion in airline sales.
More than 70 percent of the top travel providers in the world use TRX
travel processing or data solutions.
BCD Holdings is the parent company of TRX, Inc. A Dutch, family-owned
company, BCD focuses on the travel and financial services industries. The
holding company is established on Curacao, Netherlands Antilles with
operating companies in nine countries in North America and Europe. Founded
in 1975, BCD presently employs more than 8,500 employees. Global sales were
$4.3 billion in 2000.
Launched in October 2000, Hotwire offers an affordable and easy way for
the leisure traveller to purchase travel online with trusted brands. Hotwire
currently offers Hot-Fares and Hot-Rates on airline tickets, hotel rooms and
rental cars with 33 airlines. In addition, Hotwire
is partnered with nearly 2000 top hotels nationwide and several top rental
car companies. Awarded a Gold Star for “Best Bargain Booker” by Yahoo!
Internet Life magazine (June 2001), Hotwire maintains a consumer focus on
low prices, major travel brands and a simple user experience. Hotwire was
established in 1999 in San Francisco, California.