Business Travel
TravelPerk shakes up the business travel industry with a new refund model for cancelled bookings
Shortly after TravelPerk has raised an incredible USD 60 million in another financing round, the business travel start-up announces with FlexiPerk, the largest new product launch in the last 10 years: An option for the refund of cancelled tickets. If the option is chosen by customers, a 10% surcharge will be payable on each booking. In return, TravelPerk guarantees a refund of 90% of all costs in the event of cancellation of flights, hotels, private accommodation, rental cars and rail bookings. For a long time now I have been discussing with our TMC and travel agency customers the need