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When Is the Best Time of Year to Launch a Hotel RFP?

Timing is everything in corporate travel procurement, and nowhere is this more true than in the hotel RFP process. Launching an RFP at the wrong time of year can lead to poor supplier participation, weaker negotiations, and missed opportunities for savings. On the other hand, getting the timing right ensures competitive rates, higher response rates, and better alignment with travel program goals.

While there is no universal “one-size-fits-all” date, industry trends and procurement best practices provide clear guidance on when organizations should begin their hotel RFP cycles. With the help of automation and advanced technology, platforms like ReadyBid simplify this process by enabling the best hotel rfp tool for perfectly timed corporate travel negotiations while providing procurement teams with a centralized hotel rfp tool that maximizes participation and results.

Why Timing Matters in Hotel RFPs

  1. Supplier Availability

    Hotels operate on cycles too. Launching RFPs during peak seasons may result in delayed responses or less competitive offers.

  2. Budget Alignment

    Travel programs tied to fiscal calendars need to ensure that sourcing cycles align with financial planning and budgeting processes.

  3. Traveler Demand

    Timing RFPs around demand data ensures organizations negotiate in markets where travel volumes justify contracts.

  4. Market Conditions

    Launching during favorable market conditions - when supply outweighs demand - can strengthen negotiating positions.

Traditional RFP Season vs. Modern Flexibility

Traditionally, hotel RFPs were launched in the late summer or early fall, with negotiations wrapping up by year-end. This aligned with fiscal cycles and the start of new travel programs each January.

However, the post-pandemic landscape has changed. Organizations increasingly adopt flexible or continuous sourcing models using an automated hotel RFP solution, allowing them to adjust contracts throughout the year.

Best Times to Launch Hotel RFPs

Late Summer to Early Fall (August - October)

  • Why it works: Hotels are planning their budgets for the next year, and procurement teams can negotiate before rate seasons reset.

  • Who it suits: Organizations running annual sourcing cycles tied to calendar years.

Early Spring (March - April)

  • Why it works: Market demand often stabilizes after peak winter travel. Hotels are more open to negotiations before the summer surge.

  • Who it suits: Companies with fiscal years starting mid-year.

Continuous or Rolling RFPs

  • Why it works: Supported by automation, this model allows adjustments anytime travel volumes or market conditions change.

  • Who it suits: Global organizations with diverse travel patterns across multiple regions.

Mistakes to Avoid

  • Launching during peak travel seasons when hotels are too busy to respond.

  • Waiting too long and missing negotiation windows, leading to higher rates.

  • Ignoring fiscal cycles, which creates misalignment between sourcing and budgeting.

  • Overlooking automation, which could make rolling RFPs practical and efficient.

How ReadyBid Optimizes Timing

ReadyBid provides tools to help organizations launch RFPs at the right time - and with greater efficiency:

Best Practices for Timing Hotel RFPs

  1. Analyze travel data - Launch RFPs based on peak demand periods in your program.

  2. Align with budgets - Ensure sourcing cycles match fiscal calendars.

  3. Engage suppliers early - Provide hotels with enough time to respond thoughtfully.

  4. Adopt automation - Use a hotel sourcing automation software to make rolling RFPs realistic.

  5. Monitor continuously - Track savings and compliance to adjust strategies year-round.

Additional Resources

Conclusion

The best time to launch a hotel RFP depends on your travel program, fiscal calendar, and market conditions. While late summer and early fall remain popular, continuous sourcing supported by automation is becoming the gold standard for global organizations.

With ReadyBid’s hotel procurement tool, companies can optimize timing, streamline negotiations, and ensure compliance year-round. The result is smarter sourcing, stronger supplier participation, and sustainable savings.

Book a Demo today and learn how ReadyBid helps you launch hotel RFPs at exactly the right time.