The travel management company will harness Katanox’s capabilities to reduce costs and increase revenue, while building strong strategic relationships with accommodation providers.
Amsterdam - Munich, Germany, January 18, 2024 — Katanox, the travel accommodation distribution and fintech platform, announced today its deal with travel management company Lanes & Planes.
Using Katanox’s streaming distribution capabilities, Lanes & Planes can connect directly with leading accommodation providers, giving the travel management company the ability to increase revenue both from connecting with new partners and growing existing relationships.
Lanes & Planes will reap the rewards of numerous benefits provided by the Katanox platform including commission reconciliation and having the ability to receive net payouts. This will allow the TMC to operate more efficiently both in terms of time and monetarily.
“Many say such things with hyperbole, but I truly mean it when I say Katanox are real game-changers and are making a real and necessary difference within the hospitality industry,” said Veit Blumschein, CEO and Co-founder of Lanes & Planes. “Katanox provides an efficient and effective way to reach and work with accommodation providers on terms that are favourable for everyone.”
Lanes & Planes was founded in 2017 and is a fully digital travel and expense management solution. With over a thousand companies as customers and tens of thousands of users on its platform, the TMC recently secured a $35 million Series-A funding round, led by Smash Capital, Battery Ventures and Coparion.
“Lanes & Planes is an ideal buyer for the Katanox platform in terms of what they want to achieve, and given our shared vision to transform hospitality,” said Paul Beukers, CCO and Co-founder of Katanox. “As a leader in the German business travel market, the TMC provides our accommodation provider partners with a lucrative distribution channel for the largest economy in Europe.”
Katanox is a travel accommodation distribution and fintech platform bringing together travel sellers and travel accommodation providers. Katanox facilitates distribution of travel accommodation inventory and payments. The platform is unlocking the programmatic era for B2B distribution in hospitality. The team is led by Mendel Senf, Georgios Georgiadis, Imre Vogelezang and Paul Beukers and supported by a group of experienced industry professionals.
About Lanes & Planes
Lanes & Planes is a leading SaaS provider specializing in efficient B2B solutions for corporate travel. Dedicated to delivering innovative solutions, Lanes & Planes simplifies and enhances the corporate travel experience while maintaining a focus on growth and efficiency.LinkedIn: Lanes & Planes