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PKFARE, a DerbySoft Company, launches branded fares solution

PKFARE

PKFARE launches a branded fares solution offering three tiers—Original, Plus, Max—enhancing transparency and choice in airline fare offerings, aiming to boost customer satisfaction and revenue for airlines.

SHENZHEN, CHINA – PKFARE announces the launch of its branded fares solution, incorporating airlines’ branded fares into the display by three distinct tiers – Original, Plus, and Max. Branded fares of approximately 20 airlines will be available via PKFARE Flight API, customers will be able to receive various fares and fare attributes in each display.

  • Original: The most affordable category that potentially provides basic essentials, with additional specific services available upon potential extra costs.
  • Plus: A medium-priced choice, potentially inclusive of luggage facilities and theprovision for seat selection in advance, specific services might be available at additional fees.
  • Max: The supreme fare option that may offer an expanded luggage allowance, priority seat selection, and the likelihood of all-inclusive additional services.

This new initiative will facilitate the up-selling of ancillary services for airlines, but also empower customers to optimize revenue streams and enhance user satisfaction by enabling travelers to have a more transparent booking experience and select the fare package that best fits their preferences and the purpose of their journey.

Research shows that a well-designed branded fare strategy has the potential to encourage over 50% of consumers toward fares offering more comfort and convenience. 1 Consequently, OTAs have been ramping up the integration of airlines’ fare family information to improve booking conversation rate and value.

“PKFARE has consistently listened to the evolving needs of our customers as well as airlines and collaborated with them to meet those needs,” said Jason Sui, Senior Vice President and Co-founder of PKFARE. “We are investing to provide our customers with access to a comprehensive range of airline branded fares and to better cater to diverse market preferences, ultimately enhancing their competitiveness in the ever-changing travel industry landscape.”

As the travel industry is adding more values on user journey, PKFARE is committed to continuously expanding the coverage of airlines offering branded fares, and delivering seamless integration through both API and portal access.

Co-Founder & Chief Editor - TravelDailyNews Media Network | Website | + Posts

Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.

She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.

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