TravelPerk agrees deal to acquire Albatross; live data on travel restrictions and local guidelines will be integrated into its TravelCare platform
As societies across the world work to recover from Covid-19, international business travel is starting to reopen. However, the situation remains uncertain, with travel restrictions and guidance for travellers differing significantly across geographies and changing frequently.
This leaves many travellers unsure of how to travel safely and in accordance with local rules, travel managers without the visibility and tools to respond to changes quickly, and makes it extremely difficult for companies to fulfil their duty of care obligations to employees.
Next-generation business travel platforms like TravelPerk are pioneering the future of business travel. They offer travellers the freedom they want whilst providing companies with the control they need. The result is saved time, money, and hassle for everyone.
In the case of TravelPerk, a deal to acquire Albatross, a startup that offers an API for structured information on travel restrictions and local guidelines to travel applications, will further strengthen its offer and help travellers and businesses navigate the complex travel environment created by Covid-19 safely and confidently.
Albatross’ technology and data will be incorporated into TravelCare, TravelPerk’s travel risk management offering and will permit travel providers to display information on travel restrictions in their booking flow. This includes risk advisory on Covid-19, any Covid-related restriction – including whether travel is permitted between locations and any social distancing and face mask regulations that apply – plus local emergency numbers.
Through this acquisition, TravelPerk is reinforcing its strong suite of travel risk management products. Founded earlier this year, Albatross has built an industry-leading, developer-centric travel risk management API. It is the only company that can cover point-to-point travel restrictions and has already seen significant traction within the sector.
As well as being integrated into TravelPerk’s platform, Albatross’ offering will continue to be offered as a standalone product for travel providers and end-users.