Wanted to put up a quick post. With everyone traveling and enjoying the long weekend I thought this would be appropriate. Erick Schonfeld of Business 2.0 has a short post on Yapta and a video with their CEO Tom Romary in an entry Friday in his "The.Next.Net." blog.
I encourage you the check out the video they filmed in advance of a Disruptors panel that took place in LA recently http://www.cnn.com/video/player/player.html?url=/video/business/2007/05/25/b2.disruptors.yapta.cnn&source=money.
Yapta (Your Amazing Personal Travel Assistant) tracks airline ticket prices for consumers and lets you know when ticket prices change; even after you've purchased your tickets. It then tells you if you're eligible for refunds and travel vouchers based on the price change. This is a way around travel sites such as Expedia and Orbitz by working directly with the airlines. Although Expedia and Orbitz offer similar services they do not track longer then 24 hours like Yapta.
The 275 people that made up the first beta group testing Yapta saved an average of $85. Although it may not always save you a lot, Yapta acts as a safety net when buying tickets well in advance of travel dates. Rather then checking-up on ticket prices everyday online you can count on Yapta to let you know. Now you have more time to think about what you are packing in your suitcase and how good those drinks on the beach are going to taste...
Happy Memorial Day Weekend....
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