Hotel Solutions™
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Current Hotel Marketplace
Corporations have enjoyed an overpopulation of hotel rooms and a "buyer's market" condition for years. Over the 2005-2006 time periods the environment has changed. The buyer's market has changed to a seller's market and the cost of hotel stays has increased in an unprecedented manner. We are making hotel reservations using the "old" methodology in a new environment.
It is time to ensure that the corporation and buyer are getting the price and availability of what they negotiated, especially in these newer times. It is time to hold the seller's accountable to allow the buyer to manage their purchases and keep their travel spend in control.
Bring Hotel Pricing under Control with Hotel Solutions™
The Corporate Solutions Group provides an independent review and audit of the hotel purchase at the point of making the reservation. With Hotel Solutions™, the reservation is reviewed for compliance and lowest available cost and then the corporation is notified of compliance. If there is a more advantageous offer available we can either notify the corporate representative, the traveler or the corporate travel agency of the opportunities or document the process, or a combination of all the above.
This review also allows the corporation to review their own relationships with the hotels and the provider of reservation services to benchmark their performance and contracts to what is available in the marketplace, and with other corporations.
This hotel rate audition capability has not been available before in the marketplace. Hotel Solutions™ is a remarkable opportunity for the corporation to ensure that the lowest travel cost is used and that the corporation receives the pricing they negotiated.
Hotel Solutions™ Provides an Unbiased Appraisal of Hotel Rates
In the past, the corporation has had to rely on what the travel agency or hotel was telling them and not using an independent company to report performance and usage. There is no difference between using an independent accounting firm to review the company books as it is to use an independent auditor review the travel cost performance and compliance.
We have already found that our clients identify between 15% and 35% better (lower) hotel rates using the Hotel Solutions™ process. This information is immediately available to your company's travel management representative on line through web reporting. You don't have to wait for the report in the following month and calendar quarter to see what you have lost.
Maintain Credibility of the Managed Travel Program
Most importantly, you are able to ensure the best price, and the lowest price before the person checks into the hotel. You don't have to go back to the traveler and/or the hotels after the travel has already occurred and try to get the rate refunded. You do not have to "police" the traveler when and after they submit their expense report.
You can even choose to use one of our other service offerings to do a full review of the commissions received from all the hotels and make sure you receive all the monies you are owed, demonstrating even further savings or cost avoidance.
Here are a few illustration of what you can see:
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Phase I XLS File
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Phase I Summary
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Hotel Chain Report
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Phase II Detail
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