The travel management company will harness Katanox’s capabilities to reduce costs and increase revenue
Lanes & Planes TMC partners with Katanox to leverage platform’s features
Travel accommodation distribution and FinTech platform Katanox has announced its deal with travel management company Lanes & Planes.
Using Katanox’s streaming distribution capabilities, Lanes & Planes can now connect directly with leading accommodation providers, giving the travel management company the ability to increase revenue both from connecting with new partners and growing existing relationships.
Lanes & Planes will benefit from the Katanox platform capabilities including commission reconciliation and having the ability to receive net payouts.
This will allow the TMC to operate more efficiently both in terms of time and monetarily.
“Many say such things with hyperbole, but I truly mean it when I say Katanox are real game-changers and are making a real and necessary difference within the hospitality industry,” said Veit Blumschein, CEO and co-founder of Lanes & Planes.
“Katanox provides an efficient and effective way to reach and work with accommodation providers on terms that are favourable for everyone.”
The TMC founded in 2017 is a fully digital travel and expense management solution. It has over a thousand companies as customers and tens of thousands of users on its platform, which will now benefit from the new deal.
Paul Beukers, CCO and co-founder of Katanox, said: “Lanes & Planes is an ideal buyer for the Katanox platform in terms of what they want to achieve, and given our shared vision to transform hospitality.
“As a leader in the German business travel market, the TMC provides our accommodation provider partners with a lucrative distribution channel for the largest economy in Europe.”