Room for Savings: Optimizing Hotel Spend - Carlson
Room for Savings: Optimizing Hotel Spend - Carlson
Room for Savings: Optimizing Hotel Spend - Carlson
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Figure 43: Rates are on average 18-21% cheaper when booked through the TMC<br />
Source: CWT Travel Management Institute<br />
Based on a CWT hotel price benchmark (262 price samples), June 2007<br />
Web booking sites sampled: Expedia.com, Travelocity.com, HRS.com, <strong>Hotel</strong>s.com and Kayak.com<br />
Figure 44: The TMC can offer cheaper prices than the negotiated rate <strong>for</strong> more than 20 percent<br />
of bookings at preferred hotels<br />
Public best available rate (BAR)<br />
CWT consortia rate<br />
Public promotional rate<br />
Negotiated rate<br />
Source: CWT Travel Management Institute<br />
Based on transaction data, June 2007