Travel technology specialist Nezasa has acquired AWAI Travel's core software and is integrating it with its own technology portfolio.
Terms of the deal have not been disclosed, but Switzerland-based Nezasa takes over the ongoing development of AWAI’s dynamic travel packaging solution.
This strategic expansion of our technology marks a pivotal moment for Nezasa,” said Manuel Hilty, CEO of Nezasa. “By integrating AWAI’s core technology, we are set to deliver a new level of performance, enabling airlines and online travel agencies to dynamically build and price simple to complex itineraries with real-time availability, in a streamlined booking flow.”
Hilty also said that the integration would enable Nezasa to speed up its “innovation pipeline and create a more powerful, comprehensive tool that will enable customers to meet and anticipate the evolving needs of the travel industry.”
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AWAI has been providing its dynamic packaging technology to Bonza Holidays, a startup Australian airline. The technology has helped the airline grow its basket 3.5-fold, compared with flight-only baskets.
The combination of Nezasa’s artificial intelligence-powered solution Tripbuilder with the AWAI platform will provide a solution that enable travel retailers to sell simple dynamic packages to more complex multiday itineraries.
Nezasa raised $4.7 million in 2023 and said the funds would go towards international expansion and product development.