Travelocity Business Creates Consulting Unit to Assist Corporations With Complexities of Managing Travel; Consulting Division an
August 15 2005 - 6:00AM
Business Wire
As part of its commitment to help companies get the most value out
of their managed travel programs, Travelocity Business(SM) today
announced it has created a consulting division and launched new
online yield management technology. The consulting division, led by
20-year travel industry veteran DeAnne Dale, will work closely with
companies that want to optimize the performance of their supplier
agreements and corporate travel policies. The group will take time
to assess each company's overall program goals and then will design
customized air, hotel and car procurement initiatives that
streamline those programs, aim to cut costs and enhance vendor
relationships. Travelocity Business is also offering new yield
management functionality. The tool will help companies better
understand how well they are meeting contract agreements with
airlines on a daily basis, so they can adjust traveler options
online and at the agent desktop to influence purchasing patterns
and target pre-determined levels. "The business travel industry is
always changing, and corporations are challenged with trying to
maintain the integrity of their managed travel programs to keep
costs at minimum," said DeAnne Dale, vice president of Consulting
Services at Travelocity Business. "We're offering these new
resources to help our customers operate more strategically, and
further optimize the savings potential of their travel programs."
Services provided by the new consulting group include: -- Airline,
hotel and car rental procurement services - Assist clients in
supplier RFP development, negotiations, contract execution,
trending, benchmarking, point of sale integration and preferencing.
-- Goal assessment - Ongoing monitoring of booking activity to
confirm that customers are meeting pre-negotiated agreements. --
Savings and impact analysis - Data analysis to help corporations be
more responsive to changes within the industry and shifting market
share accordingly. -- 'What if' analysis - Study of potential
market variables to ensure optimal program performance regardless
of current market conditions. -- Program development - Assistance
in implementation of programs for hotel, car and credit card
services. -- Travel policy development and benchmarking - Creation
and regular evaluation of corporate travel policy. About
Travelocity Business Travelocity Business is a full-service
corporate travel agency that helps companies easily manage travel
and reduce costs, while providing more choices to travelers.
Travelocity Business combines the savings and convenience of online
with the full service of dedicated agents available 24/7 who
typically answer the phone in 20 seconds, and within 60 seconds
guaranteed (see site for guarantee details). Companies also receive
24/7 traveler support at no extra charge, so they eliminate
expensive after-hours service charges when a traveler needs help.
Travelocity Business also cuts travel costs through flight deals,
Web fares, hotel discounts and service fee savings -- representing
an average savings of more than $100 per trip, including airfare
savings averaging 26 percent per ticket and service fee savings of
up to 84 percent (see site for savings details). Travelocity
Business combines the expertise, service and travel choices of
Travelocity(R) with corporate experience gained from serving more
than half of the Fortune 200 companies. For more information,
companies can visit www.travelocitybusiness.com. Sabre Holdings
Corporation (NYSE:TSG) is a world leader in travel commerce,
retailing travel products and providing distribution and technology
solutions for the travel industry. More information about Sabre
Holdings is available at http://www.sabre-holdings.com.
Stars (NASDAQ:TSG)
Historical Stock Chart
From Sep 2024 to Oct 2024
Stars (NASDAQ:TSG)
Historical Stock Chart
From Oct 2023 to Oct 2024
Real-Time news about Stars Group Inc (NASDAQ): 0 recent articles
More Travelocity Business News Articles