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

  0
  0
TMR Recommendations
Top Stories
Canadians Vulnerable to Fraud When Booking Vacations Online, Study Says

As incidences of cybercrime heat up, travel advisors can help travelers protect themselves from fraud and significant financial losses.

Sandals Gets Kudos for Travel Advisor Allegiance

Here’s a shining example of a travel supplier that shows their commitment to travel agents, as they say, ‘because we know our success depends on it.’

Italian Tour Operator Amandatour Strands Customers, But Travel Advisors Save the Day

'When something like this happens you are reeling from the shock; it’s easy to feel overwhelmed. Just break it down into pieces, just like you are planning the trip from the beginning.'

Travel Agents and Insurance Could Have Helped These Stranded Cruise Clients

With two days to go on a 13-day European cruise, thousands of stranded travelers needed extra help to enjoy the rest of their vacations and get home.

State Laws Impacting Travel Agents Could Extend Across The U.S.

Industry warns that detrimental legislation like California’s proposed IC labor law could spread to other states if agents don’t become politically active.

To Help, or Not to Help? What Do You Do When a Client Sends Out a DIY SOS

Their online booking is in a state of emergency and they’re asking for your expertise. But the only reward for your time and effort might be a thank you. What do you do?

News Briefs
Tip of the Day

As travel advisors, we have to be curious. Curiosity leads to impactful connections that pave our road to success. - Jenn Lee, VP of Sales and Marketing, Travel Planners International

Daily Top List

The Most Popular Attractions in Philadelphia

1. Reading Terminal Market

2. SugarHouse Casino

3. Independence Visitor Center

4. The Liberty Bell Center

5. Peddler’s Village

Source: VisitPhilly

TMR Outlooks
Advertiser's Voice
AmaWaterways - Christmas Markets