Enabling the Tourism Industry to Take Flight

Americans have always considered Ireland to be a popular travel destination. With tourism accounting for approximately 30% of the country’s overall economy, Irish companies have extensive industry experience and have become world leaders in travel technology.

As a result of the nation’s vast tourism experience, today’s Irish companies are producing cutting-edge distribution; hospitality (CRM); and payment and currency technology solutions for the travel industry. Many of these successful Irish firms are applying their experience to markets worldwide. 12travel.com, for example, provides dynamic online travel packaging services for destinations around the world.

Delivering World-class Technology

Irish technologies are designed to produce rapid ROI and improve efficiency for the distribution of inventories. Irish middleware companies such as Datalex, Traventec, OpenJaw, and BookAssist are helping travel companies boost revenues and decrease costs.

Working with Ireland’s Datalex, Aer Lingus reduced costs by 20% over the past three years by improving its web portal. While most major airlines typically sell more than 85% of their tickets through second-party vendors (i.e. travel agents or websites such as Expedia.com or Orbitz.com), Aer Lingus reduced its costs—as well as consumer costs—by boosting direct sales, selling more than 60% of its tickets through its own site.

Ireland’s travel technology companies excel in producing global consumer products such as online purchasing venues and dynamically packaged travel products. Ireland’s Web Reservations International provides online confirmed reservations to over 44,000 properties directly and also through more than 3,000 online travel portals, tourist boards, and destination management companies. CNG's proprietary software is revolutionizing the way travel agents make hotel reservations by giving them access to worldwide hotel rooms at discounted rates and enhanced commissions.

Irish payment and currency companies are creating leading solutions for a variety of industries, including travel. Monex has developed an innovative approach to multi-currency credit and charge card processing. The Monex system offers a new revenue stream through the currency conversion process, thereby providing the most profitable means of accepting and processing foreign cards. Using the latest technology and professional services, Ireland’s GCX helps merchants benefit from the best possible foreign exchange rates.

Forging Global Relationships

Many Irish travel technology companies are already players in the global market. Many U.S. companies turn to Irish solution providers because they are well known for their flexibility of approach. AA Vacations relies on Ireland’s OpenJaw Technologies to provide it with an easily customized dynamic packaging system. Snow.com, a site where tourists can book Vail Resorts, uses Ireland’s Datalex to handle its packaging.

Delivering Tomorrow’s Innovations

Ireland’s travel technologies provide global companies with the solutions they need to meet a wide variety of complex technology challenges. As a result of Ireland’s economic focus on tourism, as well as the nation’s expertise in producing highly specialized solutions and services, Irish companies will continue to push the cutting edge of innovation in the global travel technology industry.

Contact:
Benjamin Mosse
Tel:
+1 212 546 0471
Cell:
+1 646 431 6971
Email:
Benjamin.Mosse@enterprise-ireland.com