Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 32 n° 341

Intelligence to Improve Corporate Hotel Rate Projections

Posted by fidest press agency su domenica, 10 novembre 2019

HRS, the leading Global Hotel Solutions end-to-end technology provider in business travel, today introduced innovative hotel rate projection technology powered by Augmented Artificial Intelligence (AAI). HRS is the first technology company using AAI in support of corporate hotel programs, and one of the few companies using AAI today. Managed travel programs of any size are challenged to ensure the preferred hotel rates they negotiate are competitive. Yet, most of the benchmarks used today are general averages, with other data options often overwhelming or insufficient for final sourcing determinations. As a result, too many companies leave potential savings on the table. HRS, which already sources more global hotel room nights than any travel management company or other outsourced provider, now deploys a higher level of benchmarking and precise rate projection on behalf of its clients. With AAI driving new insights, programs have more leverage in typical hotel negotiations, helping corporations save ten percent or more in their top business destinations. Procurement leaders working with HRS have newfound, more accurate insight as they build 2020 lodging budgets, finalize preferred rates, and integrate those rates into search and book channels.


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