Tool to help agents negotiate rates
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A new tool has been launched to help travel agents, corporate buyers and OTAs negotiate hotel rates based on intelligence reports from the hotel industry.
Its rate filter ‘RTCorp featuring Rate Parameter Shopping (RPS)’ allows companies to check rates based on room type and meal plan and match expenditure to budgets based on the best available rate. Hotel rates can be monitored from multiple channels including hotel sites and GDS.
“Corporate travelers are noticing fluctuations in Best Available Rates (BAR) online and need to compare these public prices to their negotiated contracts to ensure they are getting the best deal. Comparing a standard double, including breakfast – in real-time – will provide that competitive advantage”, said Keith Watson, head of commercial operations at RateTiger – eRevMax International.
“Crucially all filters are shopped regardless of the specific view defined. This allows the user to change the parameters after the shop without the need to shop again, making more detailed data available faster,” he added.