via NewMediaWire
– NextPlay Technologies, Inc. (NASDAQ:
NXTP), a technology solutions company building a digital
business ecosystem for digital advertisers, consumers, video gamers
and travelers, and Fareportal, the travel technology company behind
leading online travel agencies CheapOair and OneTravel, are pleased
to announce the integration of the NextTrip ConNextions booking
engine into CheapOair, a leading online travel agency that
specializes in providing cheap flights and great last-minute flight
deals for travelers worldwide.
CheapOair can now offer its users the ability to easily search,
book and instantly confirm reservations from a few million
alternative lodging rental (ALR) properties around the world. The
unique instant confirmation of vacation rentals enables
simultaneous booking of air, car, and event packages—no waiting
until the rental property owner confirms hours or even days
later.
“The ability to instantly confirm vacation rentals is a real
step forward in convenience for CheapOair customers,” stated Glenn
Cusano, Co-CEO and CFO at Fareportal. “Our work with NextTrip
enables a more comprehensive travel booking solution, from flights
and car rentals to hotels and ALR properties, all booked at the
same time. The hundreds of travel agents and millions of travel
customers on our platform now have more choices to create the
perfect travel package and create extraordinary travel
experiences.”
The integration is expected to benefit from the resurgences in
the travel and tourism market, which is projected to grow at a 17%
compound annual growth rate (CAGR) to $950 billion by 2026.
A recent online survey of global travelers revealed the pandemic
has shifted leisure trip preferences to self-catering
accommodations and smaller destinations to escape the crowds and
engage more with the outdoors. ALR properties allow consumers to
minimize their contact with others, thereby increasing the
necessity of more travel options like instantly bookable vacation
rentals.
Tim Sikora, NextTrip President and COO, commented, “Our
ConNextions booking engine integration with CheapOair dramatically
expands our North America reach by allowing their travel agents and
customers to dynamically package Vacation Rentals with flights to
global destinations on over 600 airlines and hundreds of car rental
companies. We see our global inventory of vacation rental
properties providing many new lodging options to CheapOair
customers around the world. We look forward to expanding this
relationship with others in Fareportal’s huge network of brands,
agencies and customers.”
About CheapOair
CheapOair is an online travel agency that specializes in
providing cheap flights and great last-minute flight deals for
travelers worldwide. Consumers can book online, on mobile apps
for iOS and Android, by phone, or live chat. Part
of Fareportal’s family of travel brands, CheapOair bridges the gap
between an online travel agency and a traditional agency with
travel agents available worldwide to help find great deals on
flights to global destinations on over 600 airlines, a million
lodgings, and 100s of car rental companies.
Follow CheapOair on Facebook, Twitter, and Instagram for travel
inspiration and helpful travel tips.
About Fareportal
Fareportal is a travel technology company powering a next
generation travel concierge service. Utilizing its innovative
technology and company-owned and operated global contact
centers, Fareportal has built strong industry partnerships
providing customers access to over 600 airlines, a million hotels,
and hundreds of car rental companies around the globe. With a
portfolio of consumer travel brands including CheapOair and One
Travel, Fareportal enables consumers to book online, on mobile apps
for iOS and Android, by phone, or live chat. Fareportal provides
its airline partners with access to a broad customer base that
books high-yielding international and domestic flight, hotel, and
other travel and add-on ancillaries.
About NextPlay Technologies
NextPlay Technologies, Inc. (Nasdaq: NXTP) is a technology
solutions company offering games, in-game advertising,
crypto-banking, connected TV and travel booking services to
consumers and corporations within a growing worldwide digital
ecosystem. NextPlay’s engaging products and services utilize
innovative AdTech, Artificial Intelligence and Fintech solutions to
leverage the strengths and channels of our existing and acquired
technologies. For more information about NextPlay Technologies,
visit www.nextplaytechnologies.com and follow us on Twitter
@NextPlayTech and LinkedIn.
About NextTrip
NextPlay Technologies’ NextTrip is a technology driven platform
delivering innovative solutions for business and leisure travel.
NextTrip Business is an all-in-one online corporate travel and
expense management solution with a large inventory of travel
options and discounted rates. NextTrip Journeys provides leisure
travelers personalized vacation experiences on land, sea and across
the world. NextTrip Solutions offers travel technologies that makes
the jobs of alternative lodging property managers, wholesalers,
distributors, and other travel industry players easier and more
efficient. For more information, visit nexttrip.com.
For NextTrip travel platform partnership inquiries, visit
NextTrip.com/ConNextions
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of, and within the safe harbor provided by the Safe
Harbor Provisions of the Private Securities Litigation Reform Act
of 1995, Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements give our current expectations, opinions,
belief or forecasts of future events and performance. A statement
identified using forward-looking words including, without
limitation, “will,” “may,” “expects,” “projects,” “anticipates,”
“plans,” “believes,” “estimate,” “should,” and certain of the other
foregoing statements may be deemed forward-looking statements.
Although the Company believes that the expectations reflected in
such forward-looking statements are reasonable, these statements
involve risks and uncertainties that may cause actual future
activities and results to be materially different from those
suggested or described in this news release. Information about the
risks and uncertainties faced by the Company are detailed from time
to time in the Company’s periodic reports filed with the SEC,
including its most recent Annual Report on Form 10-K and Quarterly
Reports on Form 10-Q, under the headings “Risk Factors.” These
reports are available at www.sec.gov. Other unknown or
unpredictable factors also could have material adverse effects on
the Company’s future results and/or could cause our actual results
and financial condition to differ materially from those indicated
in the forward-looking statements. Investors are cautioned that any
forward-looking statements are not guarantees of future performance
and actual results or developments may differ materially from those
projected. The forward-looking statements in this press release are
made only as of the date hereof. The Company takes no obligation to
update or correct its own forward-looking statements, except as
required by law, or those prepared by third parties that are not
paid for by the Company. If we update one or more forward-looking
statements, no inference should be drawn that we will make
additional updates with respect to those or other forward-looking
statements.
SOURCE: NextPlay Technologies, Inc.
Company Contacts:
NextPlay Technologies, Inc.Richard MarshallDirector of
Corporate DevelopmentTel: (954) 888-9779Email:
richard.marshall@nextplaytechnologies.comFareportalKathi
MooreVice President, Branding & CommunicationsTel: (646)
738-7813
Email: Public.relations@fareportal.com
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