Farepool.com, a revolutionary online service that helps travel agents access the best deals from multiple suppliers at one place was launched by QuadLabs amidst great fanfare at the recently concluded SATTE Open World 2008 Show in New Delhi.

Farepool.com is a 24x7 online shop aimed exclusively for travel agents where they can access inventory from specialist suppliers across the world, agents can pick the most profitable fares and earn better margins.

Farepool allows real-time bookings through a state of the art booking engine which is connected electronically with all the suppliers. Agents can put markups and commissions for their customers and even print invoices with their logo and agency details. Intuitive user interface makes becoming a travel agent easier than ever before. Continuing with the list of impressive features, Farepool.com offers flexible payment options where agents can work on prepaid basis or make real-time payments at the time of booking.

Industry watchers have observed that Farepool.com has a unique agent centric approach thatcould go a long way in organizing the highly fragmented travel distribution market in India. The agent community has already recognized this and the launch at Satte ’08 saw as many as 800 bona fide travel agents sign up for an account in just three days.

The response seems understandable, Farepool.com plugs a key gap in the distribution marketplace by its philosophy of “Agent First”, a unique approach where the focus is on getting the agent the best deals on all the products that he may be selling. The agent does not have to maintain cumbersome multiple supplier relationships; he now has a single relationship which gets him the best deals all the time. These are significant benefits for the agents in today’s highly competitive market where any cost savings can be a matter of survival for the agent.

Speaking at the launch, Mr. Gaurav Chiripal, CEO, QuadLabs said “We are extremely excited about the B2B space in India, there was for long a need for such an agent centric platform, Farepool.com is a feature rich offering which addresses the key pain areas of the agent community, I am happy with the response that we have been getting.”

Speaking on the challenges of procuring content for Farepool, Mr. Chiripal sounded confident “We already have some great supplier relationships in place which helped us hit the ground running. In the short time since our launch, I have seen keen interest from all the leading suppliers, I am confident we’ll put together a great set of suppliers on Farepool in the next few weeks, everybody is seeing the value in the platform”. Mr. Chiripal added that the idea behind Farepool was simple “we wanted to enable a smoother, faster and more efficient way of doing business for the agent”. Born out of that simple idea, Farepool.com is a promising new service that has the potential of revolutionizing the travel distribution landscape in the country.

It is important to point that Farepool.com is powered by state of the art travel technology from QuadLabs, India’s preeminent travel technology company which serves several market leading enterprises including the likes of Yatra.com.

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About QuadLabs

QuadLabs is premier travel technology specialist offering best in class products and expert custom development services to the travel industry. Incorporated in year 2006,QuadLabs has grown as one of the leading travel technology supplier in the world. Based out of New Delhi, QuadLabs have a team of more than 70 engineers working towards creating next generation technology for the growth of the travel industry.

If you'd like more information about this topic, or to schedule an interview with Gaurav Chiripal, please call Hammad Ahmad at 99992 66098 or e-mail at hammad.ahmad@quadlabs.com