United Kingdom
United States
Asia Pacific
Travel price tracking service Yapta acquired
Corporate travel price tracking service Yapta has been acquired by business spend management firm Coupa Software.
It bought Seattle based Yapta for an undisclosed fee and will add it to the travel and expense offering within the Coupa BSM platform.
Yapta tracks real time airfare and hotel price movements and sends instant savings alerts to registered users once the price drops.
It works with about 100 Fortune 500 firms.
It says it has helped its clients save about $350 million in travel spend to date.
"Yapta offers greater transparency into travel spend, helping businesses get the most value from their travel planning. I am excited to welcome the Yapta team to Coupa," said Rob Bernshteyn, chairman and CEO of Coupa.
Business travel accounts for more than $1 trillion of spend per year, according to the Global Business Travel Association annual report.
"Joining the team at Coupa offered a logical next step for our company given Coupa’s strong focus on delivering value across business spend management," said James Filsinger, CEO of Yapta.
Related News Stories:
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Robert Terrell: A Journey Through BB King’s Influence
Rochelle Hicks: Celebrating Mississippi’s Musical Legacy
Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
Tricia Handley-Hughes of Inteletravel announces the location for the TravelQuest 2025 conference
Insights from James Ferrara on Inteletravel’s Growth and Future
Tricia Handley-Hughes on Inteletravel’s Growth and Challenges
Tony from Gatto’s Pizza on Columbus’s Unique Pizza Trail
Sophia Hyder Hock on Global Social Inclusion in Tourism
Dozens fall ill in P&O Cruises ship outbreak
Woman dies after getting ‘entangled’ in baggage carousel
Turkish Airlines flight in emergency landing after pilot dies
Boy falls to death on cruise ship
Protestors now targeting Amsterdam cruise calls