The Rebooking Solution uses new technology to help hotel distributors, bed banks, wholesalers, and travel brokers enhance their profitability by more than 33%.
A fully automated approach to maximize hotel wholesalers' earnings from existing sales. This one-of-a-kind, highly efficient solution enables hotel resellers to strategically increase yield from existing sales by enhancing industry-standard purchasing processes while providing great added value and customer care.
+33%
The main difference between today and several years ago is the highly volatile nature of pricing swings in the travel business. Until check-in, the average price of such booking will fluctuate about 18 times. This is where the rebooking solution comes in, using machine learning and Big Data technology driven by AI to compare shifting hotel rates and anticipate when the price will reach an all-time low.
In short, the clever rebooking technology allows travel companies to identify hidden revenue potential while increasing hotel booking earnings and margins.
Big data can estimate demand based on a variety of factors, including past performance, seasonal attractions and events, weather, and public and school holidays. It can also detect emerging patterns in the types of travel reservations made, such as solo travel, leisure, and digital nomads.
Big data's primary strength is its capacity to adjust pricing swiftly and competitively in reaction to a forecasted shift in travel demand. Rebooking solutions maximize hotel resellers' profits by increasing their profit margins through price prediction technology that uses artificial intelligence (AI) and big data solutions to uncover the best available rate from the moment the booking is made until the check-in is completed, and it rebooks the travel service at the lowest rate.
The rebooking solution is compatible with all booking systems and functions seamlessly in the background, so no changes to the workflow are required.
Have a brief look at our video presentation, which highlights the key aspects of our software for online trip reservations. Selecting amongst software programmes with similar features and benefits that are currently on the market is made simpler.
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