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29.
September
2017.
Evolvi continues to drive down Average Ticket Values in UK rail

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PRESS RELEASE

 

September 29, 2017

Evolvi continues to drive down Average Ticket Values in UK rail

Average ticket values (ATVs) for users of the EvolviNG rail booking and fulfilment platform have fallen again - down to £57.02 so far in 2017 compared to £57.72 last year.

The news comes shortly after the announcement that mandated rail fares will rise by up to 3.6% in January next year - bringing into focus the ability of smart corporate booking and fulfilment channels such as EvolviNG to optimise business travel budgets.

Historically, the Evolvi platform has enabled travel managers to ‘beat' headline rail fares increases. Average ticket values for the 1m+ users registered by Evolvi's TMC customer base have consistently defied year-on-year increases. Indeed, the 2016 ATV of £57.72 compared to £59.03 in 2013, despite annual mandated increases of up to 3.9% over the period.

"The continued reduction in ATV in 2017 to £57.02 is testament to the ability of the Evolvi system to navigate the incredibly complex UK rail fares structure and present the best available fares options within a policy-driven environment, whether through the Evolvi GUI or web API," says Ken Cameron, Managing Director of Evolvi Rail Systems, the company behind EvolviNG.

"The recently announced fares increases for 2018 will make smart rail booking and fulfilment channels such as Evolvi even more important, but we would also urge the government/ Rail Delivery Group to accelerate its Rail Simplification programme in the expectation that a rationalised fares structure will ultimately deliver better value for the corporate market."

www.evolvi.co.uk

Ends

 

Media enquiries to:

Philip Colley, Harvest. Tel: 023 9244 9655 / 07785 306378

 

Evolvi Rail Systems

Evolvi Rail Systems is the UK market leader in the delivery of online rail booking and fulfilment functionality, along with associated policy, compliance and reporting options, to travel management companies (TMCs) and online booking tools (OBTs).

Evolvi's product portfolio includes:

- The market-leading EvolviNG self-booking tool, which provides better budgetary control for rail travel through access to best available fares, bespoke travel policy and compliance setting, configurable management information, limitless cost-centre attribution, multiple booking and fulfilment channels - including mobile and e-ticketing - and real-time journey information.

 

- Industry-leading web services, such as Evolvi's API, which provides the UK's most configurable rail content for TMC travel portals, rail OBTs, content aggregators and expense management systems.

www.evolvi.co.uk