Travel pioneer, TransferTravel.com, has recently launched a website aimed at changing the face of travel by bringing transferable travel to the masses.
The company told My Entrepreneur Magazine that, with over 220,000 hotel rooms a day going wasted in the US alone and an estimated $40 Billion worldwide worth of pre-booked and unused travel being wasted annually, TransferTravel.com is providing a solution to this extensive consumer issue.
With 80% of all travel eligible for transfer but little consumer knowledge about this and very few travel / ticket brands highlighting this in their small print Simon Powell, CEO and Founder believes that this peer-to-peer marketplace will champion the consumer whilst helping people recoup costs of unwanted / non-refundable travel.
The London and San Francisco based company has ambitious plans with a growing team both in the UK and US and an objective to secure over a million users by the end of 2018. All this is the brainchild of Powell’s who launched the company after his own relationship break-up forced him to try and recover some of the cost of an expensive non-refundable romantic holiday to Dubai that he suddenly had no need for.
Realising that no single effective marketplace existed for transferring travel Powell launched TransferTravel.com and has since gone on to secure two rounds of funding leading to the new website with an app launch planned to follow imminently.
The easy and intuitive website is purposefully simple mirroring its problem-solving business credentials and making it easy for both those searching for travel bargains and those looking to list their travel.
‘We’re bringing to market a simple solution to a problem most people don’t know is solve-able. It is not fair that companies choose to hide the fact that 80% of travel is transferable and of course it’s the consumer that loses out by not knowing this. We want to educate the consumer and provide a fix for this.”
Riding on the trend for businesses that give power to the consumer and the ever-growing sharing economy TransferTravel.com operates on a no-sale, no-fee basis, only collecting a 15% fee when a successful transfer is made.
Kizzi Nkwocha is the editor of Business Game Changer Magazine and publisher of The UK Newspaper, Money and Finance Magazine, the net’s fastest growing wealth creation publication. Kizzi Nkwocha is chair of The Ethical Publishers Association and co-chair of The Logistics Association. Kizzi made his mark in the UK as a publicist, journalist and social media pioneer. As a widely respected and successful media consultant he has represented a diverse range of clients including the King of Uganda, and Amnesty International. Nkwocha has also become a well-known personality on both radio and television. He has been the focus of a Channel 4 documentary on publicity and has hosted his own talk show, London Line, on Sky TV. He has also produced and presented both radio and TV shows in Cyprus and Spain.