Business Travel Performance Index, A Hotel Data Product, Launches
For its initial rollout, the dynamic hotel index has partnered with Sabre Hospitality Solutions and Fare Audit >>
by: BTE
The Business Travel Performance Index has introduced a product that aggregates and normalizes booking and spend data from all available sources, including GDS, credit card, expense reports, negotiated rates and other performance indicators. Sabre Hospitality Solutions and Fare Audit are launch partners for the BTPIndex. The solution gives travel managers and their travel management companies insight into hotel attachment rates, monitor compliance and implement strategic hotel management initiatives. The BTPIndex – customized to each customer – could result in up to a 20 to 30 percent increase in hotel attachment, a 20 percent increase in savings, and a reduction in time invested in hotel negotiation to just one to two hours per month, according to the company. Existing Sabre customers who currently use the Sabre Hotel RFP product have immediate access to the new product, with additional customers for the product to be announced in the coming months.
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