RateShrinker for Hotels - Mike Putman, Rovia | A View From the Edge 2012
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Transcript of RateShrinker for Hotels - Mike Putman, Rovia | A View From the Edge 2012
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At UNITED we introduced:
Technology designed to shrink your airfares
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Recap:
How does work?
1) Purchase ticket from any Rovia Booking Engine
2) RateShrinker goes to work immediately checking
the price of your tickets up until departure
3) When we find a lower price for the same
itinerary, we shrink your old tickets and reissue at
the lower price
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Subject: Great
News from your
Rovia team!
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What do our Facebook Fans have
to say about RateShrinker?
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Since Program Launch:
RateShrinker has found lower
prices on 10% of air tickets
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And now we would like to introduce:
For Hotels
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How it Works 1) Book your hotel on any Rovia site
2) Once your booking is made, RateShrinker
automatically searches for lower rates for
the same room type - When we find a
lower rate we send you a notification
3) Pre-paid hotels are refunded; Post-paid
hotels will be billed at the lower rate
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Booked 3 nights in 1 bedroom suite @ $103 per night
Check-in date 12/31/12
10/25
Lower rate found @ $82 per nightOld booking cancelled
Email confirmation sent
11/15
Lower rate found @ $75 per nightOld booking cancelled
Email confirmation sent
11/30
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• In our research & development phase we tested 840 hotel bookings
• RateShrinker was able to find a lower price on 13% of these
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How big is this
program?
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Priceline is the only place where you can shop and compare from over 201,000 hotels around the world
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How many hotels in Rovia’s
vast global inventory are
participating in the
RateShrinker program?
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Drumroll…
215,913
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