ALTOUR Partners Exclusively with Rocketrip for Incentivized Behavioral Change

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Leaders in business travel create a powerful solution for end-to-end travel services and apply Incentivized Behavior Change for smarter cost management

Rocketrip, the leading technology platform for reducing corporate travel costs, together with ALTOUR, one of the largest travel management companies in the US, today announced a joint partnership. This partnership combines ALTOUR’s global expertise in travel services with Rocketrip’s Incentivized Behavioral Change solution to enhance spend-reduction programs that will lead to massive savings on their clients’ bottom lines.

ALTOUR clients will now be able to leverage Rocketrip’s technology for dynamic budgeting and tap into a volume of travel options that will unlock greater cost savings than they could have realized through conventional travel procurement and expense management practices alone.

“We’re actively working to better the future of business travel for companies and their employees, and we’re making huge inroads,” Dan Ruch, founder and CEO of Rocketrip said. “Rocketrip and ALTOUR are chasing the same vision, and this partnership is a major benchmark in reaching a new world of business travel that’s more human-centric and seamlessly delivers more value overall.”

ALTOUR has a global network of more than 1,500 travel experts worldwide that provide white-glove service and critical relationships in order to make every aspect of travel management easier. Rocketrip triangulates real-time market data and availability, historical travel patterns of an individual, complex policies, and ALTOUR’s negotiated rates to determine a traveler’s customized Budget to Beat. For every dollar saved under the custom budget, the traveler keeps half.

“We’ve steadfastly built a global team of travel experts who are hyper-focused on providing the best service possible to our clients. However, we quickly saw an opportunity to increase our value,” said Barry Noskeau, Executive VP & COO of ALTOUR. “This partnership is a no-brainer. By bringing Rocketrip on as our exclusive partner for Incentivized Behavioral change we are able to equip our clients with a powerful toolset for managing costs, but in a way that’s user-friendly, and flexible to any particular preferences and goals.”

About ALTOUR

With sales of $2.6 billion in 2016, ALTOUR is one of the largest travel management companies in the United States and one of the largest travel management companies globally. Serving the corporate luxury and mid-markets and entertainment community, ALTOUR has 62 offices and more than 1,500 travel professionals worldwide. In addition to travel management services, ALTOUR companies include ALTOUR Air, ALTOUR Tech, ALTOUR Meetings and Incentives and the ALTOUR Global Network.

ALTOUR is ranked among the largest travel agencies in the UK by Buying Business Travel and The Los Angeles Business Journal ranks ALTOUR as the #1 travel agency in Los Angeles County. ALTOUR has also been consistently named to the “CMI 25” listing as one of the largest and most influential meetings and incentives companies by MeetingsNet. Website: http://www.altour.com

About Rocketrip

Rocketrip reduces business travel costs by aligning employee and employer interests. The platform produces custom trip budgets for employees and motivates them to spend less by letting them keep half of what they save. As the global leader in Incentivized Behavioral Change, Rocketrip inspires thoughtful spending by giving employees a stake in their company's bottom line. It’s a win-win approach trusted by clients including GE, Pandora, and Twitter.

Founded in 2013 and headquartered in New York City, Rocketrip's investors include Bessemer Venture Partners, Canaan Partners, Genacast Ventures, and Y Combinator. For more information, visit http://www.rocketrip.com.

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Brittany Stone
Moxie Communications Group
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