MyRealTrip Launches Travel Product Resale Market

Travel platform MyRealTrip is gaining attention as it officially launches 'Resell Market', an innovative service that opens new horizons in the travel industry. It is a platform that allows safe and efficient trading of travel products that could not be used due to unexpected schedule changes, and is expected to resolve the long-standing difficulties of refunds and transfers that travelers have faced. Resell Market is an advanced brokerage service that goes beyond simple peer-to-peer intermediation, with MyRealTrip taking responsibility for the entire process. Every step, from product verification to transaction completion and settlement, is securely managed within the MyRealTrip platform. Both sellers and buyers can easily conduct transactions without complex procedures or uncertainties, and transaction amounts are automatically and promptly settled, maximizing user convenience. In particular, MyRealTrip has utilized its 10 million member data and extensive know-how in analyzing travel product characteristics to build a system that precisely matches the most suitable buyers for transferred products. The range of tradable products is also wide. Products from various categories such as accommodation, tours, admission tickets, tickets, and mileage, excluding air tickets, are eligible for trading, and the ability to transfer products even purchased from other travel platforms through Resell Market is a significant strength of this service. During the two-week pilot operation period conducted prior to the official launch, over 200 sales requests poured in, demonstrating the explosive market demand for travel product transfer services. With this official launch, MyRealTrip plans to continuously advance its matching algorithm and transaction process. This is expected to contribute to resolving long-standing issues such as the complexity of existing travel product refund procedures and high commission fees. Lee Dong-gun, CEO of MyRealTrip, emphasized that Resell Market "institutionalized the transfer of travel products, which was previously limited to peer-to-peer transactions, thereby opening a new transaction category," and expressed his ambition to "build a value-circulation ecosystem for travel products and provide customers with more flexible and sustainable travel experiences." Resell Market is anticipated to be an innovative turning point that goes beyond simple transactions, extending the lifespan of travel products and presenting new possibilities for travel.