Amadeus is partnering with travel app Hopper, to deploy the company’s fintech products as part of Hopper’s B2B initiative, Hopper Cloud.
The fintech products that Amadeus will be deploying include Cancel for Any Reason, which gives travelers the power to instantly cancel their flight for any reason up to 24 hours prior to departure and receive at least 80% of the ticket cost back; and Price Freeze, which allows travelers to hold a price for up to 14 days so they can book it at a more convenient time.
“Our partnership with Amadeus has been instrumental for Hopper to reach a global base of travelers, and now the world’s largest network of travel sellers,” said Dakota Smith, Chief Strategy Officer, Hopper. “While the past year has been challenging for the travel industry, these fintech solutions have been critical in driving Hopper’s growth so we’re thrilled to have Amadeus’ support in offering new solutions to the travel industry that serve a spectrum of customer needs focused on choice and flexibility.”
As part of the partnership, Hopper also now has access to Amadeus’ global car rental content via the Amadeus Travel Platform, with 40 car rental companies in more than 3,500 cities and 191 countries worldwide available to Hopper’s customers.
“Hopper has been a valued customer and partner for Amadeus, particularly in North America, which is a key growth market for us,” said Peter Altmann, Head of Mobility and Insurance, Amadeus. “As travel technology leaders like Hopper and Amadeus collaborate to rebuild travel, delivering services that boost traveler confidence is critical. We admire Hopper’s innovative approach to benefit from the global breadth and depth of the Amadeus Travel Platform in multiple ways – both as a consumer and seller of travel content – all with an eye on driving a return to travel.”
According to research commissioned by Amadeus, 41% of travelers say they would book international travel within six weeks of restrictions being lifted. Another research from Hopper shows that 80% of travelers said they would book a flight if they knew they could change or cancel their plans without penalty.
Source: Amadeus
