Global travel agency ATPI plans to sell its software to other travel agencies through a new venture TripStax.
“Our own technology stacks that we’ve built, we’re actually going to be moving into a separate division so that, as well as a travel management company arm, we’ll have our own technology arm,” ATPI CEO Ian Sinderson said.
ATPI previously invested in other technology startups. It put $1.4 million in to TapTrip and almost $350,000 in Singapore’s Greywing platform.
Ian Sinderson, the CEO of ATPI, said that this is the time for the firm to make money licensing its own platform to other companies that may not have the resources to build their own.
After launching in the coming months, its new technology arm TripStax will be a semi-autonomous company. However, TripStax was actually established in August last year and registered as Travelstax and Lemonstack in the UK.
According to the CEO, TripStax will offer core aspects of technology that ATPI has spent a…