LRA gets the Tripbam treatment

reshopping specialist Tripbam has issued two service enhancements: Smart Sourcing and LRA Enforcement. The latter will help ensure clients’ negotiated terms on last room availability are honoured by their hotel partners.

If the client’s agreed rates are not available to book, Tripbam will notify the non-compliant hotel and rebook the reservation at the corrected rate. Early use in trials has led to 3%-5% savings on overall hotel spend and a 90% increase in rate availability.

Meanwhile, Smart Sourcing enables clients to source and add dynamic or static discounted rates at a particular hotel – at any time of year – when changes in volume in a particular location necessitate the addition of a new property. A pilot with ten Tripbam clients saw 74% of offers accepted at the rate and discount provided.