The Flight Centre Travel Group (ASX:FLT) has fast-tracked its digital transformation by buying a business that has revolutionized the traditional travel itinerary.
Umapped is a Toronto-based technology company that provides travel documentation, communication and itinerary management software to the travel industry.
The acquisition will enhance Flight Centres web and mobile services to deliver upgraded documentation, better templates and seamless, real-time communication between consultants and customers.
Umapped’s products are already used by Flight Centres GOGO wholesale business in the USA, will now be rolled out globally.
Shares in Flight Centre Travel Group (ASX:FLT) closed 2.31 per cent lower to $53.33 yesterday.