Corporate travel managers and Travel Management Companies (TMCs) work hard to negotiate the best hotel rates, ensuring cost savings and compliance with travel policies. But what if those hard-won rates aren’t being honored?
The truth is, many hotels fail to correctly load negotiated rates into Global Distribution Systems (GDS)—causing unexpected overcharges, budget overruns, and frustrated travelers.
The worst part? Many companies don’t even realize it until it’s too late.
That’s where ReadyBid’s automated rate auditing comes in—catching rate discrepancies before they cost you money and holding hotels accountable for their agreements.
Let’s dive into why incorrect hotel rates are a hidden cost for corporate travel programs and how ReadyBid can prevent revenue leakage with seamless multi-GDS rate audits.