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Sunday, 10 July, 2011, 16 : 00 PM [IST]

RateTiger nominated for Business Traveler Innovation Award

RateTiger’s, RTCorp, has been recognised by the travel industry just one year after launching in the market. The rate shopping technology has been nominated for the Business Traveler Innovation Award within the Travel Management category. The Business Traveler Innovation Awards are part of the Global Business Travel Association (GBTA) Convention 2011 organised by The Wall Street Journal and the GBTA.

RTCorp helps monitor hotel rates in the public market in both real-time and via scheduled reports by sending automated alerts that filters hotel-pricing data into exception information and then, delivers it to the appropriate manager to action. This helps corporate buyers, travel websites and hotel companies monitor violations or discrepancies in room rates while providing intelligent rate shopping data to better understand the market. RTCorp is available as an annual unlimited usage contract, pay as you go, one-off reports or as a plug-in to existing pricing or revenue management systems.

Keith Watson, Division President – RTCorp, RateTiger said, “Effective rate management now requires real-time information and pricing alerts help cut through large volumes of rate data to show when specific rules are breached. RTCorp is helping corporate travel buyers better know if what they negotiated is actually being made available, and how the rest market is performing, therefore evolving how the industry agrees rates.”
 
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