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Bay Area Business to Get Relief From Rising Travel Costs With YATRA; Revolutionary travel management solution launches in the Bay Area; helps companies control costs and improve service.


Business Editors/Travel & Technology Writers

SAN FRANCISCO--(BUSINESS WIRE)--April 11, 2001

Today's slowing economy and skyrocketing travel costs are forcing many U.S. companies to scale back or ban business travel altogether. But in the Bay Area, where most major airlines have a presence, a highly competitive marketplace has created an opportunity for companies to save money on travel while enjoying improved service.

This week, Yatra Yatra is Deepti Bhatnagar's religious travel guide television show, which focuses on a spiritual journey around the Indian temples over STAR Plus.

Yatra is also the name of Nana patekar & rekha starer with beautiful lyrics by Ahmed Wasi References
 Corporation (www.yatra.net) announced the launch of its revolutionary, web-based travel management solution to Bay Area businesses. Yatra is the first end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved.

Compare: turn-key solution.
 that delivers cost savings, traveler convenience, and instant information through a balanced on and offline service. Yatra gives managers and travelers a streamlined air, car, and hotel booking process, real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example.  spend reporting, and 24-by-7 live-agent support.

"Yatra is excited to help Bay Area businesses finally get the most out of their travel dollar," said Jeff Coruccini, Yatra's VP of Client Services. "Though most managers know they're they're  

Contraction of they are.

they're be
 overpaying for travel, they have legitimate concerns about the service travelers get from a totally online solution. With Yatra, companies can not only receive the cost savings from a cutting-edge Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 solution, but the service they need through expert, around-the-clock a·round-the-clock
adj.
Variant of round-the-clock.

Adj. 1. around-the-clock - at all times; "around-the-clock nursing care"
day-and-night, round-the-clock, nonstop
 agent support."

Traveling Out of Control: The 2nd Largest Controllable Expense

In the last few years, average business travel costs have risen nearly 40%, making travel and entertainment (T&E) spending 2nd only to salaries as a company's largest controllable expense. Surprisingly, businesses throughout the Bay Area have few real options when it comes to controlling their corporate travel spending. Agency transaction fees are costly, leverage in supplier negotiations is limited, bureaucratic bu·reau·crat  
n.
1. An official of a bureaucracy.

2. An official who is rigidly devoted to the details of administrative procedure.



bu
 approval processes are the norm, and vague spending information is delivered up to 60 days after a business trip is taken.

With Yatra, the game has changed. Managers can see company spending information in real-time, while travelers avoid transaction fees by booking online. Using Yatra's dynamic travel policy tools and exception notification technology, traveler decision-making decision-making,
n the process of coming to a conclusion or making a judgment.

decision-making, evidence-based,
n a type of informal decision-making that combines clinical expertise, patient concerns, and evidence gathered from
 becomes quick-and-easy. Their managers, meanwhile, stay informed of all missed savings opportunities. As part of Yatra's network of corporations, further cost control is achieved through negotiated deals with air, hotel and car suppliers.

Balancing Travel Demands: Technology and Service

Though many forward-thinking Bay Area businesses have been searching to reduce T&E costs with new technology, most are reluctant to commit to an "online only" solution. "In my 18 years in the business travel industry, I've seen how technology has changed the way companies view their travel," said Coruccini. "Though cost savings is always a priority, businesses understand the need for quality customer service for their managers and travelers. With Yatra, customers can call anytime, from anywhere to receive the assistance they need."

Yatra's well balanced on and offline service offering is what sets it apart from other, more tech-centric, providers. And, by integrating corporate and traveler profiles both on and offline, Yatra agents can offer the most knowledgeable, efficient travel assistance to managers and travelers when they need it.

Yatra--How Business Gets Around

Minneapolis and Phoenix-based Yatra Corporation (www.yatra.net) has developed the first end-to-end end-to-end

a pattern of anastomosis in which severed ends are matched and united, in contrast with other patterns such as end-to-side or side-to-side. Usually applied to anastomosis of the intestine.
 corporate travel solution that delivers cost savings, traveler convenience, and instant information through a balanced on and offline service. Yatra offers managers and travelers a streamlined air, car, and hotel booking process, real-time spend reporting, and twenty-four seven twenty-four seven n (store) → Geschäft, das an sieben Tagen die Woche und 24 Stunden am Tag geöffnet hat
adjrund um die Uhr;

twenty-four seven service →
 live-agent support. The web-based service includes four tools: yatra.MANAGER, yatra.TRAVELER, yatra.ARRANGER, and yatra.SUPPLIER.

Editor's Note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat.

Trained by D.
: Additional information, interviews, and graphics are available on request.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 11, 2001
Words:577
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