TravelPerk Offers Nearly Full Refunds to Corporate Travelers Who Cancel


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So far the company is making good on its plans to innovate the corporate travel space. But offering refunds on this scale is a big promise to make.

It's been a big week for TravelPerk, the Barcelona-based startup that recently raised $60 million in further Series C funding. The travel management company has now released a product called FlexiPerk, which allows users to cancel and get a refund on any booking made through the service, for any reason. This marks a break from the rest of the corporate travel industry, where changes to travel plans typically cost significant amounts of money either in changeable booking prices or cancellation fees. “We wanted to provide a service that solves one of the biggest pain points in business travel, which is the lack of flexibility when it comes to cancellations and travel changes,” said Avi Meir, Tra