Travelocity Business Puts Automated Checks in Place to Help Companies Increase Use of Preferred Hotels; Consulting Unit Introdu
24 April 2006 - 9:00PM
Business Wire
The consulting unit at Travelocity Business(SM)today introduced two
new tools as part of its hotel procurement service to help
companies increase overall compliance with their corporate hotel
programs. The first tool confirms that company negotiated rates
with each hotel supplier appear correctly in the GDS, the main
distribution channel for corporate hotel programs. This is
especially important for companies with large or growing hotel
programs that previously had to perform the time-consuming task of
manually validating up to tens of thousands of rates loaded into
the GDS after annual hotel negotiations were completed. A second
new tool helps companies avoid the use of unapproved rates that may
appear as company discounts in the GDS, also known as "squatter"
hotel rates. The capability crosschecks a company's negotiated
hotel program against these rates within the system, so that
corporations can better regulate the use of legitimate hotel rates.
After the automated audits are completed, a Travelocity Business
consultant meets with participating companies to review the audit
reports and pinpoint areas that can be further streamlined.
Companies have the option of choosing a standard package that
includes two automated hotel audits within a six-month time period,
or more frequent hotel audits based on need. Pricing is based on a
sliding scale, so that companies with a larger number of hotel
suppliers receive a volume discount on the hotel audits. "Our
corporate customers and their hotel suppliers work hard to create
hotel programs that are mutually beneficial, and we don't want
those efforts to go to waste," said DeAnne Dale, vice president of
Consulting Services at Travelocity Business. "These new tools
improve the accuracy by which corporate-approved hotel rates are
used, allowing companies to meet their contracted commitments,
which will be key for successful negotiations in 2007." About
Travelocity Business Travelocity Business is a full-service
corporate travel agency that helps companies easily manage travel
and reduce costs, while providing more choices to travelers.
Travelocity Business combines the savings and convenience of online
with the full service of dedicated agents available 24/7 who
typically answer the phone in 20 seconds, and within 60 seconds
guaranteed (see site for guarantee details). Travelocity Business
combines the expertise, service and travel choices of
Travelocity(R) with corporate experience gained from serving more
than half of the Fortune 200 companies. For more information,
companies can visit www.travelocitybusiness.com. Sabre Holdings
Corporation (NYSE:TSG) is a world leader in travel commerce,
retailing travel products and providing distribution and technology
solutions for the travel industry. More information about Sabre
Holdings is available at http://www.sabre-holdings.com.
Stars (NASDAQ:TSG)
Historical Stock Chart
From Jul 2024 to Aug 2024
Stars (NASDAQ:TSG)
Historical Stock Chart
From Aug 2023 to Aug 2024
Real-Time news about Stars Group Inc (NASDAQ): 0 recent articles
More Travelocity Business News Articles