By: Alicia Olson, Director, Customer Success, Hotel Solutions
We know managing a corporate hotel program can be complex, especially for small to medium-sized enterprises (SMEs). But you don’t have to do it alone.
Advito’s revolutionary self-service consulting platform, Hotel Boost, was designed to empower SMEs with the tools and insights they need to make smarter, data-driven decisions.
What is Hotel Boost?
Hotel Boost is a comprehensive suite of curated tools that puts you back in control of your hotel program. Whether you’re looking to optimize your program size, benchmark preferred rates, or learn the intricacies of supplier negotiation, Hotel Boost has you covered. This platform is tailored to meet the unique needs of SMEs, providing a cost-effective solution for those who may not have the expertise or resources to engage with traditional consultants. Key features include:
- Boost RFP: A sourcing tool that automates the tedious process of manual sourcing engagements. It simplifies the way you conduct RFPs, ensuring you get the best rates and terms from hotel suppliers, keeping everything in one location giving you the ability to review negotiation conversations and download reports for your awarded rates.
- Boost Analytics: This powerful dashboard helps travel managers stay on top of market fluctuations, uncover valuable insights, and ensure that negotiated rates are driving value to their programs.
- Educational Courses: Hotel Boost offers multimedia courses designed to equip travel managers with the knowledge to make informed decisions. Topics include optimizing program size and strategy, negotiating with hotel suppliers, using analytics to improve performance, and integrating sustainability into your hotel strategy.
- Community Functionality: Connect with peers and Advito’s hotel experts through the platform’s vibrant community. Share knowledge, best practices, and network with other travel managers to enhance your hotel program management skills.
Hotel Boost is more than just a toolkit; it’s a transformative platform that empowers SME travel managers to achieve new levels of savings and satisfaction in their hotel programs. From sourcing automation to educational content and community support, Hotel Boost provides a comprehensive suite of curated tools that puts you back in control of your hotel program. But at the heart of it all is Hotel Boost Analytics: a powerful dashboard that turns data into actionable insights.
Unlock the power of data with Hotel Boost Analytics
Whether you’re trying to stay ahead of market trends, benchmark performance, or negotiate better rates, Hotel Boost Analytics helps you ensure that every travel dollar spent delivers maximum value. Key features include:
- Market Insights: Stay informed about market fluctuations and trends. Hotel Boost Analytics provides real-time data on public hotel rates and market dynamics, enabling you to make informed decisions and negotiate better rates with suppliers.
- Performance Benchmarking: Compare your hotel program’s negotiated rates against industry standards. This feature allows you to identify areas for improvement and implement strategies to enhance your program’s efficiency and effectiveness.
- Customizable Dashboards: Tailor your analytics experience with customizable dashboards with the ability to filter from global down to hotel level detail. Visualize key metrics and trends that matter most to your organization, making it easier to track progress and identify opportunities for optimization.
- Predictive Analytics: Anticipate future trends and make proactive decisions. Hotel Boost Analytics uses predictive models to forecast market rates, helping you stay ahead of the curve and adjust your strategies accordingly.
- Supplier Performance Tracking: Monitor the performance of your hotel suppliers. This feature provides insights into supplier rate and overall competitiveness of the negotiated rates, ensuring that you get the best value from your partnerships.
Hotel Boost Analytics is designed to empower SMEs with the tools and insights needed to optimize their hotel programs. By harnessing the power of data, you can:
- Enhance negotiations: Use data-driven insights to negotiate better rates and terms with hotel suppliers.
- Improve efficiency: Identify inefficiencies in your hotel program and implement strategies to address them.
- Maximize value: Ensure that every dollar spent on travel delivers maximum value to your organization.
- Stay competitive: Keep up with market trends and stay ahead of the competition.
Ready to unlock the power of data for your hotel program? Visit Hotel Boost to learn more and start optimizing your travel spend today!