TripBam, the provider of air and hotel fare/rate reshopping, auditing, benchmarking and sourcing, has launched the latest version of its Smart Sourcing for hotel RFPs tool. This product update, according to an announcement, provides an even more powerful engine for travel professionals to automate and streamline their hotel sourcing activities.

TripBam Smart Sourcing, which first launched in late 2019, ensures a more efficient RFP process by reducing manual work for corporate travel buyers and hoteliers.

David Mollov, executive vice president of hotel solutions, said the company has spent the past three years working with clients and their hotel partners to eliminate waste from what has traditionally been a long and time-consuming exercise. He said the newest release “goes even further to make sourcing easier for buyers, national account managers and hotel properties.”

TripBam Smart Sourcing enhancements include:
  • An updated RFP dashboard to help buyers evaluate supplier responses, and make decisions faster and easier;
  • The option to self-extract bids in common travel agency formats like PRDS, HARP, Concur and GBTA;
  • Improved currency conversion capabilities;
  • A holistic national sales manager dashboard configured with hotel chain feedback to enable chains to participate in the RFP process;
  • Updated and expanded training materials for buyers, national account managers, and properties

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TripBam said it has also expanded its support team to maintain rapid response times for buyers and hoteliers. Steve Reynolds, CEO, said that a number of the legacy RFP service providers are pulling the plug on their sourcing operations, adding, “we’ve instead made the investment to create an offering that addresses longstanding issues of corporate hotel sourcing.”