OpenTravel Alliance

OpenTravel Alliance is a not-for-profit trade association established in 1999 with a mission to promote open specifications, including the use of XML, for the electronic exchange of business information in the travel industry. The alliance boasts tens of thousands of message structures in use, facilitating the transmission of tens of millions of messages daily. Comprising a diverse community, including airlines, car rental firms, hotels, cruise lines, railways, and technology companies, OpenTravel collaborates on information models and electronic message structures, addressing the communication challenges inherent to the global travel industry.

Bringing together a wide array of sectors, OpenTravel creates a platform for companies to identify necessary message structures, prioritize tasks, and develop these structures. The organization's overarching goal is to foster enhanced communication and interoperability for the benefit of the entire industry.

With its central position in the United States, OpenTravel Alliance remains poised to continue its crucial work in standardizing and streamlining electronic information exchange within the travel sector. Although specific investment details are currently unavailable, the alliance's mission and significance in the industry make it a compelling entity for potential investors seeking to support innovative solutions in travel technology.