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Hospitality Technology·· 16 days ago

Entravel Group Launches Expereon to Drive Instant B2B Travel Settlement and Working Capital

Entravel Group Launches Expereon to Drive Instant B2B Travel Settlement and Working Capital

AI Overview

Travel technology firm Entravel Group launched Expereon, a financial infrastructure and orchestration platform designed to automate settlement, treasury management and working capital for travel sellers and hospitality providers. Its instant B2B settlement engine replaces 7-to-30-day payout cycles between OTAs, wholesalers and hotels with 24/7 automated settlement and instant reconciliation upon booking confirmation. Underlying blockchain infrastructure via Payward/Kraken settles cross-border transactions in minutes while properties transact strictly in native fiat, avoiding cryptocurrency volatility and balance-sheet risk. The platform also offers receivables financing that converts future…

Source:Hospitality Technology · hospitalitytech.com