CARLSON Wagonlit Travel (CWT) has begun rolling out price-tracking technology it says can provide savings of up to 2% on total travel spend.
The technology monitors prices for flights and hotel rooms continually, checking them against existing bookings and rebooking where possible to obtain savings.
“This technology can save our clients up to 2% — that’s a huge sum of money for any company with a sizable travel program,” said Patrice Simon, CWT’s chief technology officer for strategy and new product development.
“It’s largely automated, running in the background 24/7.”
The service is the result of a partnership between CWT and airfare and hotel price-tracking provider Yapta, and will be offered to clients worldwide over the next 18 months.
Source: Travel Australia