Global luxury travel network Virtuoso has accepted four new travel technology companies into its 2019 Incubator program, which focuses on tools that enhance efficiency for busy multitasking travel advisors. A recent poll of Virtuoso agency owners identified improving advisor efficiency through the use of technology as an opportunity and focus for 2019, leading the program to seek out new solutions in this area.
Virtuoso Incubator helps emerging travel technology companies refine their products through real-world testing and input from network travel advisors. Each Incubator company gets its own panel of advisors who use the company’s tool and propose improvements to better help member agencies, consultants and clients. In 2018, almost 100 advisors from 80 member agencies volunteered, and all indicated they would like to serve on panels again.
Once the trial is over, Incubator companies are considered for a full Virtuoso partnership. Former participants who have transitioned say the program has had a significant impact in increasing advisor productivity and sales. For example, a Virtuoso network study found that advisors who use an itinerary management program from Incubator graduates Axus, Travefy or Umapped grew partner revenue by...
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