Description: Receiving a hotel bid does not necessarily mean the sourcing process is finished. In many corporate travel programs, the first proposal should be treated as the beginning of a commercial discussion rather than the final offer. A hotel may submit a competitive room rate but provide limited concessions, restrictive cancellation terms, seasonal pricing, blackout dates, or other conditions that reduce the overall value of the proposal. Travel managers therefore need to evaluate the complete offer before deciding whether to accept, reject, or negotiate.
Category:
Tag: Corporate Travel, Business Travel, Hotel Sourcing, Hotel RFP Tool, RFP Software