Amadeus, a leading travel technology provider and transaction processor for the global travel and tourism industry, and Hipmunk, the travel site taking the agony out of travel planning, today announced that Amadeus’ advanced technology solutions will be implemented on the innovative metasearch site, www.hipmunk.com, to provide international low fare search and shopping further widening the breadth of Hipmunk’s travel options.
“Enabling global fare search is an important next step in serving our users and growing our business,” said Steve Huffman, Hipmunk co-founder and Chief Technology Officer. “Our partnership with a premier technology provider like Amadeus will bring an exceptional breadth of global search options, as well as new features, while still allowing results sorted by agony as only Hipmunk can do.”
Huffman added that Amadeus' advanced search technology will assure Hipmunk continues to offer to its users the best online experience and speed of results that are fast and unparalleled.
“As a leader in global low fare search technology to the travel industry, Amadeus is pleased to be selected by Hipmunk, a recognized innovator and one of the fastest growing metasearch companies in North America,” said Scott Gutz, president and CEO of Amadeus North America. “Our technology solutions are especially relevant and compelling for travel metasearch companies like Hipmunk who are challenged with handling large transaction volumes and require system reliability and performance to deliver an optimal user experience.”
Hipmunk will utilize Amadeus Meta Pricer, Amadeus Master Pricer, and Amadeus Web Services solutions which will enable them to deliver international low fare search capabilities for air travel. Additional terms of the agreement were not disclosed.
“Amadeus’ agreement with Hipmunk showcases our increased focus on developing partnerships where we can leverage our technology to enable the new and emerging needs of the travel industry,” said Stewart Alvarez, Vice President of Strategic Planning and Business Development for Amadeus North America. Alvarez said his team is focused on engaging North American-based travel partners to serve their local as well as global needs in areas such as advanced search, new media, mobile, and business intelligence via various access methods and full support infrastructure.
Amadeus’ offers a full portfolio of technology services and solutions for the travel industry. For more information, in the U.S., call 1.888.AMADEUS, in Canada call 1.888.611.5554, e-mail email@example.com.
Notes to the editors:
Hipmunk is a remarkable travel site removing the agony from travel planning. With its superior user experience, breadth of travel options, and innovative “Agony” and “Ecstasy” sorts, Hipmunk allows travelers to select the best flight for them at a glance and view where in a destination a hotel is located.
Hipmunk is one of Budget Travel’s “Top 10 Most Useful Websites,” Inc.’s “Best Booking Website,” TIME Magazine’s “50 Coolest Websites,” and Travel + Leisure’s “Best Websites of 2011.” Co-founders Adam Goldstein and Steve Huffman were named to Bloomberg BusinessWeek’s “Top Tech Entrepreneurs,” Forbes “30 Under 30” and Inc.’s “30 Under 30” lists.
The company launched in 2010, is based in San Francisco, and has funding from Ignition Partners, Y Combinator, SV Angel, Webb Investment Network, Quest Hospitality Ventures, and several angel investors.
For more information, to book your next flight or hotel, and to download the iOS or Android application, please visit Hipmunk.com.
Amadeus is a leading transaction processor and provider of advanced technology solutions for the global travel and tourism industry.
Customer groups include travel providers (e.g. airlines, hotels, rail, ferries, etc.), travel sellers (travel agencies and websites), and travel buyers (corporations and individual travelers).
The group operates a transaction-based business model and processed more than 947 million billable travel transactions in 2011.
Amadeus has central sites in Madrid (corporate headquarters), Nice (development) and Erding (operations – data processing center) and regional offices in Miami, Buenos Aires, Bangkok and Dubai. At a market level, Amadeus maintains customer operations through 73 local Amadeus Commercial Organizations covering 195 countries.
Amadeus is listed on the Madrid, Barcelona, Bilbao and Valencia stock exchanges and trades under the symbol “AMS.MC”. For the year ended December 31, 2011 the company reported like-for-like revenues of €2,712 million and EBITDA of €1,039 million. The Amadeus group employs around 10,000 people worldwide, with 123 nationalities represented at the central offices.