RateShrinker for Hotels - Mike Putman, Rovia | A View From the Edge 2012
In April 2012, at UNITED! (the WorldVentures annual international convention) in Las Vegas, President of Rovia Mike Putman took the stage to announce RateShrinker. RateShrinker is an incredible technology that allows customers of Rovia travel websites to shop for flights with confidence. When a customer books a flight, our systems scour the Internet in search of the lowest available price, on the same exact flight. Once we locate a lower fare, we send the customer an email confirming the booking, the amount they saved and put the cash instantly back in their account. Well, now Rovia customers can enjoy the same functionality with HOTELS! In this presentation, Mike Putman explains how RateShrinker for Hotels works and why it's so powerful. The crowd of WorldVentures Reps in attendance went NUTS when the announcement was made. With this kind of relentless effort to improve our products, Representatives know they can share our Rovia products with pride. It's been an exciting weekend here at The View in Dallas, don't miss the next one! http://www.wvview.com
RateShrinker for Hotels - Mike Putman, Rovia | A View From the Edge 2012
- 2. At UNITED we introduced: Technology designed to shrink your airfares
- 3. 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
- 4. Subject: Great News from your Rovia team!
- 5. What do our Facebook Fans have to say about RateShrinker?
- 7. Since Program Launch: RateShrinker has found lower prices on 10% of air tickets
- 8. And now we would like to introduce: For Hotels
- 9. 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
- 10. Booked 3 nights in 1 bedroom suite 10/25 @ $103 per night Check-in date 12/31/12 Lower rate found @ $82 per night 11/15 Old booking cancelled Email confirmation sent Lower rate found @ $75 per night 11/30 Old booking cancelled Email confirmation sent
- 11. In our research & development phase we tested 840 hotel bookings RateShrinker was able to find a lower price on 13% of these
- 12. How big is this program?
- 13. Priceline is the only place where you can shop and compare from over 201,000 hotels around the world
- 14. How many hotels in Rovias vast global inventory are participating in the RateShrinker program?
- 15. Drumroll 215,913