QL2 SOFTWARE LAUNCHES FARE EXPLORER™
Customizable Data Analytics Tool and Self-Serve Interface to Power Real-Time Travel Pricing and Revenue Management
BALTIMORE, MD (OCTOBER 5, 2016) — QL2 Software, the brand name for travel pricing data and an integral part of RM and price optimization across the travel industry, announces the launch of Fare Explorer™. Fare Explorer is a customizable self-service analytics tool that provides fast and powerful insights into the industry-leading, raw data collected by QL2’s unique travel data asset.
“Over the past 15 years, QL2 has become the industry standard in travel and hospitality data analytics,” said Carl Wartzack, President and CEO, QL2. “Fare Explorer™ is the latest innovative data product we have developed to enable our customers to access real-time competitive data; and to use the tools and insights to make the essential pricing and revenue-based decisions for their businesses.”
QL2 collects and delivers the most relevant data through real-time searches of products and prices on competitors’ websites, sifting through millions of queries daily to deliver the most current and comprehensive view of the competitive landscape. Pricing, brand, and revenue management professionals depend on this data to make the right business decisions. With its intuitive analytics platform and interactive reports, Fare Explorer allows clients to spend less time analyzing data and more time creating and executing strategy.
“Virgin America has been working closely with QL2 on refining its product strategy on developing its new analytics platform,” said Kevin Ger, Vice President, Revenue Management and Ancillary Products, Virgin America. “We anticipate this platform to simplify the data analytics process and help us more quickly understand the competitive landscape.”
Fare Explorer provides the following advantages for QL2’s clients:
• Insights. The Fare Explorer dashboard gives clients instant access to crucial insights, which allow them to make better-informed decisions, in less time.
• Real-time data. Our cutting-edge software analyzes billions of data points, allowing clients to access real-time competitive information and update pricing accordingly.
• Precision. Analysts can drill down to a previously inaccessible level of data including departure dates, length of stay, advance purchases, and more. Fare Explorer also includes both forward-looking and historical data to help ground decisions via established wisdom and predicted trends.
• Simplicity. Fare Explorer is now available as an added-value to all airline clients and can be accessed by logging into QL2’s Client Center.
QL2 processes billions of data points daily across its global customer base of large airlines, OTAs, rental car companies, hotels, and most large vacation package providers; train, ferry, bus, and cruise providers. Through its trusted customer relationships, QL2 provides the data necessary for the world’s leading travel companies to make critical business decisions throughout the day, every day.
Visit http://www.ql2.com/products-services/ql2-fare-explorer/ for more information on Fare Explorer™.
QL2 is the brand name for travel pricing data and an integral part of RM and price optimization across the travel industry. Pricing, Brand and Revenue Management professionals from around the world, who must deal with the complexity of optimizing pricing and revenue on a day-to-day basis, rely on QL2′s services and solutions for business intelligence and actionable insights. QL2 provides the highest-quality and most comprehensive real-time information needed to optimize competitive strategies and maximize profit margins. Please visit www.QL2.com for more information.