Maintain the Value of Hotel Corporate Programs With Lanyon's Rate Parity

Corporate or business travelers often account for aease by signing up for Lanyon.
significant and continuous source of revenue for manyWith Lanyon, you can easily input room rate
hotels. If your hotel draws in a large segment ofinformation in an online database and respond to
business travelers, you know that consortia and travelcorporate and travel agency consortia RFPs (Request
buyers keep a sharp eye on travel websites and otherfor Proposal). It will eliminate significant time from the
distribution channels to ensure that the rate available toRFP process by joining all relevant data and
them is competitive and fair.processes together in one view and will enable you to
Imagine if these corporate travel managers andcapture more global corporate travel business. This
buyers visit a dozen different travel websites andarrangement will also provide corporate travel
encounter extremely different rates or lower roommanagers and consortia unprecedented access to
rates than their negotiated corporate rates. Thispreferred rates at thousands of independent hotels
disparity of rates will them question the integrity ofand luxury properties worldwide.
your rates, which will undermine the value of yourThe Benefits
hotel's brand and the value of your hotel's corporate1. All rates, property information, bid information and
program. It may lead them to seek out competingstatus of bids can be accessed from your
hotels that will provide them with better rates.GDS-Lanyon account home page
As you can see, any significant disparity of your2. Easily identify bids which are approaching their bid
corporate room rates across channels can cause adeadline or have recently been requested by the
revenue-generating client (organization) to seek out acorporation on the home page
new hotel business partner. So, it is critical to maintain3. Compare Negotiated Rates to Rack and Corporate
rate parity to protect your relationship with all of yourRates quickly and easily by creating an excel file with
distribution partners, including hotel franchisors, meetingall relevant information
planners, travel agencies, corporate clients and online4. Reduce the time required to complete and approve
travel companies.a bid with the intuitive "bid wizard"
Maintaining accurate and competitive rates, however, is5. Automatic built-in checks ensure that all information
not an easy task, as you have to remember eachrequired by the corporation to support the bid is
individual channel's login process, markup methods,completed
contract terms, different ways to access and changeTo summarize, by signing up for Lanyon, you can
rates, price rounding method and website exceptionscomplete consortia and corporate accounts easily and
for dozens of different internet channels.extract many more benefits from your GDS channel.
Now any hotel using Unirez can manage this issue with