Green Globe International
Global Travel Exchange
Global Travel Exchange, Inc., a majority owned subsidiary of Green Globe International, provides a service that enables direct access to reservation systems of major travel suppliers such as airlines, cruise lines, hotels, car rental companies and providers of other travel amenities. Through a software solution that searches for the availability and price for the itinerary suggested by the buyer over all direct connected suppliers and existing Global Distribution Systems (GDS), Global Travel Exchange presents the results in an easy to understand format. Besides improved brand and revenue management, suppliers save distribution costs while providing efficient service to major customers through a direct connection.
Green Globe International has entered into a three year consulting agreement with Sustainable Tourism Development International Pty Ltd. (STDI), an Australian company that has designed and developed sustainability portal technologies services related to travel and tourism, as well as the means of undertaking carbon measurement for travelers, firms and destinations and developing climate sensitive policies, strategies and actions for companies and destinations.
The sustainability portal technologies purchased from STDI are expected to be utilized by Green Globe International's Global Travel Exchange subsidiary to apply to its travel distribution technology in new business opportunities related to the Green Globe initiative. Since a significant focus of Green Globe's program will be oriented toward solutions that help countries, communities, companies and consumers respond to climate change, the purchase of intellectual property rights are directly tied to the start up of a new Global Travel Exchange initiative that will utilize certain of these intellectual properties. Green Globe International considers STDI, with its expertise in sustainability and climate science, a highly valuable resource for consulting regarding marketing and promoting newly developed products and technologies to countless tourism stakeholders around the world, and for discovering new business opportunities, which contribute to the mission and goals of Green Globe International.
For more information on Global Travel Exchange, please visit www.gtrex.com