AUSTIN, Texas–(BUSINESS WIRE)–Mondee Holdings Inc. (Nasdaq: MOND) (“Mondee” or the “Firm”), a technology-driven, next-generation market in a $1 trillion phase of the journey market, as we speak introduced the introduction of Abhi, its revolutionary mobile-first A.I. platform with multi-party conversational commerce totally built-in into the Mondee Journey Market. Launched on the primary anniversary of Mondee’s Nasdaq itemizing, the Mondee Market supplies a set of world journey choices with A.I.-embedded collaborative curation throughout all elements of air, resort and trip rental lodging, floor transportation, cruises, excursions, packages, actions and events1, all regionally delivered.
The Mondee Journey Market is among the many first to mix main applied sciences similar to Generative A.I., deep studying, pc imaginative and prescient, and a advice engine to personalize and rework the journey reserving course of. Mondee additionally built-in a sturdy commerce engine, fintech instruments, and important enhancements into the Mondee A.I. cloud platform that amplifies the capabilities of Mondee’s A.I. powered Market. The result’s a strong and seamless journey ecosystem offering vacationers and their organizations with an end-to-end journey expertise answer, totally supported by journey consultants, influencers, and freelancers anytime, wherever. The A.I. integration streamlines and simplifies how customers plan, guide, share, and even make adjustments to their journeys.
Utilizing the facility of Mondee’s proprietary A.I. platform in addition to a number of A.I. engines, similar to Google Bard, OpenAI/ChatGPT and IBM Watson, Mondee has created Abhi – probably the most highly effective private A.I. journey assistant out there. With Abhi, customers have entry to incomparable experience and curation functionality that saves customers time by permitting them to effectively guide extra immersive hyper-local and personalised experiences. Abhi can interact in significant conversations, perceive complicated queries and provide complete responses. Distinctive to Mondee, Abhi instantaneously creates personalised journey guides with the utmost sophistication, based mostly on customers’ pursuits, to allow them to actually immerse themselves whereas touring like locals all through their journey.
The brand new Market, out there each as an app and on the internet, empowers journey consultants to increase their scope throughout world and native suppliers; there is no such thing as a unknown vacation spot or service. By offering world experience and information for customers, Mondee is ideal for influencers and freelancers to commercialize their actions and create alternatives for employment throughout the globe. The Mondee Market additionally gives a variety of superior options, similar to trendy fintech, conversational commerce, CRM and growth-enabling analytics.
“We’re thrilled to introduce a brand new A.I. know-how platform to our revolutionary journey and shopper journey experiences, which we count on will rework the journey market,” mentioned Prasad Gundumogula, Founder, CEO and Chairman of Mondee. “We’re altering the journey business as soon as once more by offering journey influencers, native consultants and brokers with unprecedented entry and full journey content material in our unified Market, in addition to cutting-edge know-how, similar to Abhi, the A.I. platform with conversational commerce, to conveniently create and ship personalised journey experiences. Moreover, Mondee extends our choices to organizations and nonprofits, offering them safe and economical journey options that may function leisure journey incentives, or membership advantages to their members or staff. Furthermore, by their affiliated organizations and journey skilled connections, vacationers have entry to a broad vary of journey choices at considerably discounted negotiated charges beneath these out there on public journey websites.”
Key options of Mondee Market embody:
Abhi, Mondee’s A.I. Platform: Abhi can interact customers in significant conversations, perceive complicated questions, and provide complete responses. It supplies much more personalised recommendations as vacationers flip their dream journey right into a actuality. Past that, Abhi can even immediately create a customized journey expertise information based mostly on a traveler’s pursuits, making it simpler than ever to refine the journey and full the reserving.
Abhi can interact customers in significant conversations, perceive complicated questions, and provide complete responses. It supplies much more personalised recommendations as vacationers flip their dream journey right into a actuality. Past that, Abhi can even immediately create a customized journey expertise information based mostly on a traveler’s pursuits, making it simpler than ever to refine the journey and full the reserving. TripBuddy, Mondee’s Conversational Commerce Platform: Journey consultants and vacationers can reap the benefits of shut collaboration with Mondee’s superior messaging and cart know-how that makes discussing journey particulars and coordinating journey reserving inside a bunch of vacationers simpler than ever. With TripBuddy, vacationers can construct itineraries in a dwell surroundings and collaboratively guide journey amongst mates, household or co-workers.
Journey consultants and vacationers can reap the benefits of shut collaboration with Mondee’s superior messaging and cart know-how that makes discussing journey particulars and coordinating journey reserving inside a bunch of vacationers simpler than ever. With TripBuddy, vacationers can construct itineraries in a dwell surroundings and collaboratively guide journey amongst mates, household or co-workers. Cellular-First Market App: Launched for each iOS and Android, the cellular app includes a totally built-in A.I. powered Market platform for vacationers, journey consultants, influencers and organizations to have the ability to talk, collaborate, quickly create and full personalised nicely priced experiences from amongst among the widest varieties of world and native journey and actions choices.
Launched for each iOS and Android, the cellular app includes a totally built-in A.I. powered Market platform for vacationers, journey consultants, influencers and organizations to have the ability to talk, collaborate, quickly create and full personalised nicely priced experiences from amongst among the widest varieties of world and native journey and actions choices. Fintech Platform Specialised for Journey Business: Mondee Market is a safe, easy-to-use Market the place all transactions are made utilizing the most recent cost safety tech and supplies the flexibility to transact in over 20 currencies with world bank card processing, alternate funds and digital pockets choices.
Mondee Market is a safe, easy-to-use Market the place all transactions are made utilizing the most recent cost safety tech and supplies the flexibility to transact in over 20 currencies with world bank card processing, alternate funds and digital pockets choices. Cruises: A revolutionary cruises platform totally built-in into Mondee’s Market that gives vacationers a seamless purchasing and reserving expertise. For journey consultants, it’s a complete and dynamic cruise answer, simplifying the complicated cruise associated workflows to help their buyer base.
A revolutionary cruises platform totally built-in into Mondee’s Market that gives vacationers a seamless purchasing and reserving expertise. For journey consultants, it’s a complete and dynamic cruise answer, simplifying the complicated cruise associated workflows to help their buyer base. Refer-a-Pal Program: Journey influencers, consultants and brokers can earn income share on journey booked by the chums, household, co-workers, and prospects that they refer and help.
Journey influencers, consultants and brokers can earn income share on journey booked by the chums, household, co-workers, and prospects that they refer and help. Actionable, Development-Driving Analytics: Actionable insights with a sophisticated analytics dashboard the place journey influencers, consultants and brokers have visibility into their traveler community exercise, earnings, gross sales efficiency, help KPIs, rewards factors and way more.
Actionable insights with a sophisticated analytics dashboard the place journey influencers, consultants and brokers have visibility into their traveler community exercise, earnings, gross sales efficiency, help KPIs, rewards factors and way more. International Stock Hub: Mondee’s Market is enhanced with world content material and negotiated stock throughout a number of segments together with flights, lodges, vehicles, cruises, native actions and different add-ons. Journey influencers, consultants and brokers can invite their vacationers and dynamically set common or trip-specific rewards and repair charges.
Mondee’s Market is enhanced with world content material and negotiated stock throughout a number of segments together with flights, lodges, vehicles, cruises, native actions and different add-ons. Journey influencers, consultants and brokers can invite their vacationers and dynamically set common or trip-specific rewards and repair charges. A CRM Optimized to Journey: A brand new technology CRM platform to handle buyer profiles and preferences with the facility of A.I./ML fashions and dynamic guidelines engines to supply journey experiences personalized on the private stage.
A brand new technology CRM platform to handle buyer profiles and preferences with the facility of A.I./ML fashions and dynamic guidelines engines to supply journey experiences personalized on the private stage. Multi-Language: The Market 2 gives journey content material in quite a few languages and real-time translation. Whereas repeatedly rising, 19 languages are presently lively, enabling vacationers to work together with Mondee’s world consultants to construct journey experiences supported by native consultants.
The Market gives journey content material in quite a few languages and real-time translation. Whereas repeatedly rising, 19 languages are presently lively, enabling vacationers to work together with Mondee’s world consultants to construct journey experiences supported by native consultants. Dynamic Packaging: In a single transaction, customers can mix flights, lodges, rental vehicles, occasions and cruises with dynamic packaging and pricing.
Mondee is poised to make a big affect within the journey business with our revolutionary know-how and complete journey choices.
Be aware to media: Mondee is internet hosting a dwell media occasion to showcase the breadth of options of the brand new Mondee Market for media and buyers on July 19, 2023 at 1 p.m. EDT/10 a.m. PDT/ 6 p.m. BST. This occasion will characteristic dwell Q&A with Mondee’s govt group. Register right here.
For extra info or to obtain our media equipment, please go to: mondee.com.
1 Flight, resort, and cruises can be found on cellular and Internet whereas vehicles are solely out there on Internet.
2 Obtainable on Internet-only.
ABOUT MONDEE
Established in 2011, Mondee is a journey know-how firm and a contemporary journey market with its headquarters based mostly in Austin, Texas. The corporate operates 17 workplaces throughout the USA and Canada and has core operations in India, Thailand, and Greece. Mondee is driving change within the leisure and company journey sectors by its broad array of revolutionary options. The corporate’s platform processes over 50 million each day searches and generates a considerable transactional quantity yearly. Its community consists of roughly 60,000 leisure journey advisors and gig economic system staff, 500+ airways, and over a million lodges and trip leases, 30K rental automotive pickup places, 50+ cruise traces. The corporate additionally gives packaged options and ancillary choices that serve a world buyer base. On July 19, 2022, Mondee grew to become publicly traded on the Nasdaq underneath the ticker image MOND. For additional info, go to: mondee.com.
Ahead-Trying Statements:
This press launch accommodates “forward-looking statements” throughout the which means of the Personal Securities Litigation Reform Act of 1995, as amended. Ahead-looking statements could be recognized by phrases similar to: “imagine,” “can”, “”could,” “expects,” “intends,” “potential,” “plans,” “will” and related references to future durations. Examples of forward-looking statements embody, amongst others, statements we make relating to the Firm’s future progress, efficiency, enterprise prospects and alternatives, methods, expectations, future plans and intentions or different future occasions are ahead wanting statements. Such forward-looking statements are topic to dangers, uncertainties, and different components, which may trigger precise outcomes to vary materially from these expressed or implied by such forward-looking statements.
Administration believes that these forward-looking statements are cheap as and when made. Nevertheless, the Firm cautions you that these forward-looking statements are topic to dangers and uncertainties, most of that are troublesome to foretell and lots of of that are past the management of the Firm. Elements which will trigger precise outcomes to vary materially from present expectations embody, however usually are not restricted to, the flexibility to implement enterprise plans and forecasts; the end result of any authorized proceedings which may be instituted towards the Firm or others and any definitive agreements with respect thereto; the flexibility of the Firm to develop and handle progress profitably preserve relationships with prospects and suppliers and retain its administration and key staff; the flexibility of the Firm to take care of compliance with Nasdaq’s itemizing requirements, and different dangers and uncertainties set forth within the sections entitled “Threat Elements” and “Cautionary Be aware Concerning Ahead-Trying Statements” within the Firm’s Annual Report on Type 10-Ok/A for the 12 months ended December 31, 2022, filed with the U.S. Securities and Alternate Fee (the “SEC”) on April 19, 2023 and within the Firm’s subsequent filings with the SEC. There could also be extra dangers that the Firm doesn’t presently know of or that the Firm presently believes are immaterial that would additionally trigger precise outcomes to vary from these contained within the forward-looking statements.
Nothing on this press launch must be thought to be a illustration by any person who the forward-looking statements set forth herein can be achieved or that any of the contemplated outcomes of such forward-looking statements can be achieved. In mild of the numerous uncertainties in these forward-looking statements, you shouldn’t depend on forward-looking statements as predictions of future occasions. Besides as required by regulation, Mondee undertakes no obligation to replace publicly any forward-looking statements for any purpose.