MCISTECH I.K.E Ilion, Greece

Company Website: https://www.mcistech.com/

Company Email: kostas@easytravel.tech

Employees: 0

Funding State: Bootstrapped


Industries

  • Travel / Hospitality / Leisure

Technology

  • Software

Business Model

  • B2B
  • B2C

Revenue Model

  • Commission Fee
  • Marketplace/Brokerage
  • Price per Use
  • SaaS
  • Subscription

Funding Sources

  • Self

About

While the travel industry has been digitised over the last 30 years, a large part of services remains “offline”, while the multitude of “online” choices bring about new problems. The main task of travel professionals to design & operate travel itineraries. To that end, they need to have access to multiple distribution systems, channel managers, bed banks etc, to be able to source the required products. While there is an abundance of available products, the fact that those products are not located within a single system, makes price and quality comparisons tedious and time consuming.


Solution & Product

We provide a holistic solution that will consolidate the entire travel service supply chain by eliminating the middlemen as much as possible. Τhe scope is for the software to be accepted and used by B2B travel businesses of all types and sizes. Our technology is the main differentiator as we always aim to remove manual repetitive work in creating, operating and booking travel products, thereby making it cost effective for our customers to operate as well as efficiently participate in such a competitive industry as tourism. We provide a technological solution that can implement their business model using a modular architecture and avoid having below or above spec commitments in a very affordable way. Members can freely choose, among the range of our products, without any restrictions.


Innovation & Scalability

Centralised B2C marketplace for every travel service will present the plethora of travel products and services available through our B2B network to the global consumers/travellers who will be able to create their own personalised travel products, sourced directly from the primary sector (B2B ) at the best available prices. At the same time, our B2B network members will benefit by selling their dynamic products directly to consumers (retail prices), without incurring huge commission rates from middlemen, as is common today. It should be noted that easyTravel has established progress in the design and development of the B2C Marketplace and has determined its launch in Q2 2023. Via our planned centralised B2C marketplace we will present the plethora of travel products and services available through our B2B network to a global consumer stage. Consumers will be able to create their own personalised travel products, sourced directly from the primary sector (B2B) at the best available prices. At the same time, our B2B network members will benefit by selling their dynamic products directly to consumers (retail prices), without incurring huge commission rates from middlemen, as is common today. It should be noted that easyTravel has established progress in the design and development of the B2C Marketplace and has determined its launch in Q2 2023.


Traction & achievements

We are online since beginning 2022 and while we are still adding features and integrating services, so far we have acquired as customer more than 20 travel companies including a multinational tour operator which adopted our solution as the main tool for their online operations. In Q3 2022 we partnered with Sir Stelios Haji-Ioannou and licensed the easyTravel brand name as well received an investment from easyGroup holdings. This rebranding will greatly help us in the market penetration both on the B2B and B2C segments.


Team & Why Us

Kostantinos Papanatsios - CEO: Multi year experience in international commerce, especially between China and Europe Filodamos Papanatsios - CTO: 10 years of experience in architecting modern distributed software systems. Darryl Ismail - Head of Commercial: Multi year experience in online travel commerce on a global scale. Mariano Oviedo - Commercial LATAM: 6 years of experience in online travel commerce in the LATAM region. Patrik Birkhofer - Business Development Manager: Multi year experience in tour operating in south east Asia as well as in Europe and the US. Zhou Ming Juan - Head of Operations: Multi year experience in international commerce and logistics mainly in China. Alex Karalis - Team Leader Nikos Tsepetzidis - Back end developer Pantelis Tsakalis - Back end developer Marios Kykkos - Front End developer Kostantinos Rokkas - Junior Front end developer Angelos Konofaos - Web designer: 10 years experience in graphic design in Europe and the US Athina Varfi - Data Scientist


Funding Needs

Contact us for more information about this aspect.


ONE LINER

www.easyTravel.tech - addressing tomorrow's travel trade challenges TODAY!


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