Yapta to Bring Hotel Rate Monitoring Tool out of Beta

Yapta, the technology company that searches air fares to identify cost-savings opportunities, will officially launch its hotel rate search functionality next month.The hotel tool, called RoomIQ, is similar to Yapta’s flagship product, FareIQ for corporate travel, which monitors ticketed flights for price changes and sends alerts to the travel manager instantly when savings are significant enough to re-ticket.

RoomIQ has been in beta testing with Travizon, a TMC in Woburn, Mass., for several months. Travizon is an existing customer of FareIQ, and it says the tool identified nearly $200,000 in savings opportunities in 2014, of which more than $121,000 was realized.Although the cost of changing a ticket has risen dramatically in recent years, companies can still often capture savings on expensive tickets, particularly for international itineraries. Companies can set savings alert thresholds; if a new fare is accepted, the company’s travel management company handles the rebooking.

--Michele McDonald

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Tip of the Day

Something could happen to any of us, the loved ones we travel with, or in this case, to the magnificent marvels put up by those who came before us. So we must travel as far and as often as time and money allow.


Stefanie Katz, The Travel Superhero

Daily Top List

Five Good Reasons to Tell Your Clients About Loyalty Programs

1. Saves money for your clients.

2. Saves time for your corporate clients.

3. Gets all sorts of perks for your clients.

4. Offers enhanced reporting to corporate clients.

5. Provides better service and better client relationships.

Source: TMR.

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5 Good Reasons to Tell Your Clients About Travel Loyalty Programs

Loyalty programs, also known as frequent buyer programs, have been around for a long time. But you might be surprised to know that many travelers don’t know about them. Here are five good reasons for travel advisors to spread the word to their customers, both leisure and corporate travelers.

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