RateGain launches PriceGain-Audit, a Rate Intelligence Solution for Corporate Travel Buyers

  • RateGain
  • 04.26.11
RateGain, an award-winning hospitality and travel technology company, today announced the launch of PriceGain-Audit, a rate intelligence solution for corporate travel buyers.

 PriceGain-Audit is a powerful solution specially customized for companies that are spending a significant amount on travel expenditure for their employees domestically, regionally or worldwide. PriceGain-Audit provides accurate and timely reports on a real time basis to compare and audit all corporate hotel bookings vis-à-vis the best rates available in the market for the same offerings.
Speaking at the launch, Gary Mayger, SVP & head, travel & corporate solutions said, “We are the leaders in competitive price intelligence solutions and currently provide more than 13 billion hotel rates to top online travel companies across the world. PriceGain-Audit makes perfect sense as it extends our expertise to the business travel desks of the world’s largest multi-national organizations, to local companies. I am particularly excited with this launch as it squarely addresses the challenges of optimizing corporate hotel programs and as such, you will find PriceGain-Audit is an efficient tool for aiding improved corporate travel expenditure”.

Vishal Jain, VP, product management added, “Travel procurement in global companies face a lack of transparency of negotiated rates (hotel program) benchmarked against best available rates through the year. It is hard to show clear savings to management on an ongoing basis as a result of the negotiations done during the RFP process and equally difficult to audit property quality (Business traveler review benchmarking) within the hotel program year on year. PriceGain-Audit will empower all corporate travel managers to evaluate the disparity in rates from their existing vendor hotels and assist them to compare and audit all corporate hotel bookings vis-à-vis the best available rates in the market for the same product offerings from the hotels.”

Related Articles
want to read more articles like this?

want to read more articles like this?

Sign up to receive our twice-a-month Watercooler and Siegel Sez Newsletters and never miss another article or news story.