
TRX sold its signature RESX corporate booking tool for up to $3.5 million to a competitor, nuTravel Technology Solutions.

TRX sold its signature RESX corporate booking tool for up to $3.5 million to a competitor, nuTravel Technology Solutions.
In this edition: Travelzoo management changes, Orbitz faves, Concur mobile, ARC and the AeroTrend, and TRX boosts Traveltrax.
More money in the coffers for hotel search and booking platform Hotelicopter after securing a further $1.5 million in funding, bringing its total so far to $5 million.
TRX signed a deal with hotel metasearch engine hotelicopter to integrate hotel rates and availability from online travel agency and hotel websites into the TRX corporate booking tool, RESX.
Data-services provider TRX began offering clients standalone components of its flagship offerings in Software as a Service mode.
If their companies let them, business travelers using the latest version of TRX’s corporate-booking tool, RESX, can book their trips and then share them on TripIt and Facebook.
TRX, the transaction-processing and data-reporting company, eked out a modest profit in the first quarter and increased its earnings guidance.
OAG, the airline-schedule disseminator, agreed to resell the TRX carbon calculator to corporations, airlines and airports.
TRX, the data-reporting and reservations’ processing firm, says it’s come up with a way to go to market with more frequent releases of its RESX corporate-booking tool.
TRX won’t try to regain compliance with the NASDAQ Capital Market’s $2.5 million stockholder equity requirement, so it will voluntarily delist.

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