Flight Centre Travel Group increases stakes in Sam :] and 30SecondsToFly

    Flight Centre Travel Group (FCTG) announced (14-Mar-2019) two additional investments in its ‘Labs’ programme, covering Sam :] and 30SecondsToFly. Details include:

    • FCTG increased its shareholding in Sam :] from 25% to 100%. Sam :] mobile apps are already used within FCM Travel Solutions, Corporate Traveler, Campus Travel, and Stage and Screen Travel, across over 40 FCTG markets;
    • FCTG increased its investment in 30SecondsToFly to approximately 10% and also invested in its ‘Claire’ product. FCTG will have a two year exclusive licence for use of Claire in the large global travel management company category, and the product will be fully integrated into Sam :] to provide AI-powered chat and booking capability for customers.

    FCTG stated the additions further increase the Labs portfolio in key areas such as mobile and artificial intelligence and increase the programme’s footprint to the technology development hubs of Barcelona and Bangkok.