In today’s economy, finding addition savings with business travel is upper most on CFO’s, travel managers, and business travelers’ minds. One way Christopherson accomplishes added savings for our clients is through some of our proprietary technologies, in particular, Hotel Re-Check® and Car Re-Check®. Similar to the airline industry, hotels and car rental companies are raising or lowering their prices based on excess “distressed” inventory. Our tool automatically re-checks the rates booked in a reservation for a business traveler a few days prior to arrival. If a lower rate is found, your reservation is changed to that lower rate thereby taking advantage of increased savings to your travel budget. Whether you company’s policy is to book travel 14, 7, or less days from travel dates, Christopherson’s tool provides additional savings otherwise not realized.
Unlike monitoring air fares after purchase for a lower rate; when a lower rate is found, the airlines add an additional (exchange) fee. Your savings, in this case, are diluted considerably whereas hotel and car companies do not charge an exchange fee.
Christopherson then tracks these savings through our ValueLogic® report keeping you apprised of all savings realized. It is common for a company to save anywhere from $25-50 per night on a hotel. For example just last week a client was sending several travelers to a convention. Hotel Re-Check® found a few days prior to arrival the hotel room rate had decreased $40 per night—saving them $1,416 dollars!