Welcome!

News Feed Item

BCD Travel Pilots tripBAM, Driving Hotel Savings for Corporate Clients

tripBAM™ today announced a collaboration with BCD Travel intended to help businesses capture savings when hotel rates drop after a property is booked. The global travel management company recently launched a pilot program with a handful of its corporate clients, including Sapient and WellPoint, to test whether travelers would widely use the tool and measure the amount of savings clients might expect from using it.

Encouraged by the promise of tripBAM, BCD Travel is expanding the pilot program this summer to include a larger group of clients, as more companies seek creative technologies to combat rising hotel costs and increase hotel attachment rates.

tripBAM’s hotel shopping service uses patent-pending “cluster” shopping processes to find savings on more than 60 percent of hotel groups searched, with average savings of more than $50 per night. BCD Travel is a leading global travel management company, recording more than $22 billion in sales in 2013. The global TMC will highlight its full range of offerings at booth # 1239 at the Global Business Travel Association conference in Los Angeles on July 26-30.

“tripBAM addresses two current challenges. It makes hotel rate fluctuations visible and actionable to business travelers, and also makes travelers more informed hotel shoppers by exposing them to relevant lower cost alternatives through its cluster capabilities,” said April Bridgeman, senior vice president of strategic marketing at BCD Travel. “With increasingly sophisticated hotel revenue management practices driving frequent rate changes, this service helps us discover opportunities to achieve same hotel savings as well as to steer travelers to preferred hotels.”

BCD Clients See Improved Hotel Compliance Opportunities via tripBAM

BCD client Sapient, a leading global provider of business technology and consulting services, began its tripBAM pilot in the second quarter of 2014. Shopping a mix of preferred hotel suppliers and select properties outside of Sapient’s program, tripBAM delivered savings opportunities on 39 percent of clusters shopped. “The results we’ve seen so far are most promising,” said Michelle De Costa, director of global travel and client experience for Sapient. “As we work with BCD to put together hotel cluster searches using tripBAM, we’re also seeing increased use of our preferred hotels.”

WellPoint, one of the nation’s leading health benefits companies, initially piloted tripBAM to shop for rate savings only at the property already booked by the traveler. Shopping only this limited scope, when savings were found, WellPoint averaged a room rate reduction of $44 per booking. “This initial test, even on such a small scale, shows there are new, incremental savings to be found in traditional travel categories,” said Cindy Heston, director of travel and events at WellPoint. “We’re taking steps now to expand our tripBAM searches to clusters that will bias towards our preferred hotel partners.” WellPoint uses Tbiz, a division of BCD Travel, to manage its travel, and the company recently expanded the range of its hotel cluster searches to also include preferred properties.

BCD Automation and Service Enhance tripBAM’s Cost-Saving Services

When tripBAM delivers a new hotel option that meets the corporate client’s savings threshold and program guidelines, BCD delivers a customized email to the traveler that clearly describes the current hotel, the new hotel option, the amount of savings, and a simple click to accept or decline the opportunity. A larger, more varied group of BCD clients are now piloting tripBAM, testing a range of services that include:

  • Integration that facilitates tripBAM shopping on hotel bookings made by any corporate self-booking tool, as well as traditional offline bookings made by BCD agents
  • The deployment of preferred hotel savings thresholds that improve compliance
  • Automatic re-booking of lower rates at same-hotels, adding efficiency and ensuring use of low rates
  • Automated copying of the traveler’s manager on the email detailing the savings option, a tactic that has proven to improve compliance in the majority of travel programs
  • Customized clusters that can be limited exclusively to preferred hotels and chains

“tripBAM’s creative approach to seeking out hotel savings while meeting corporate program guidelines represents the exact mix of new technology and elegant service that corporate travel managers look for today, and that will increase travelers' confidence in their managed travel program,” said Bridgeman. “Our expanded pilots are intended to test not the technology but traveler behavior. We want to measure how often savings opportunities revealed by the tool are actually accepted by travelers, under what conditions and by which traveler types so we can determine more realistic savings opportunities for our clients. Dependent on these results, we will decide whether or not to offer it more broadly.”

About BCD Travel

BCD Travel helps companies make the most of what they spend on travel. For travelers, this means keeping them safe and productive, and equipping them to make good choices on the road. For travel and procurement managers, it means advising them on how to grow the value of their travel program. For executives, we ensure that the travel program supports company objectives. In short, we help our clients travel smart and achieve more. We make this happen in nearly 100 countries with 11,000 creative, committed and experienced people. And it’s how we maintain an industry-leading client-retention rate of more than 95%, with 2013 sales of US $22.4 billion. For more information, visit www.bcdtravel.com.

About tripBAM™

Dallas-based tripBAM is a new hotel shopping service used by corporations, hotels, travel agencies and travelers. tripBAM uses patent-pending “cluster” shopping processes to find savings on more than 60 percent of hotel groups searched, with average savings of more than $50 per night. Launched in April 2013, tripBAM earned GBTA’s Spotlight on Transformation award and recognition from leading corporate travel publications in the United Kingdom and the United States. For more information about the service, go to www.tripbam.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Everywhere we turn in our industry we can find strong opinions about the direction, type and nature of cloud’s impact on computing and business. Another word that is used in every context in our industry is “hybrid.” In his session at 20th Cloud Expo, Alvaro Gonzalez, Director of Technical, Partner and Field Marketing at Peak 10, will use a combination of a few conceptual props and some research recently commissioned by Peak 10 to offer a real-world consideration of how the various categories of...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
Detecting internal user threats in the Big Data eco-system is challenging and cumbersome. Many organizations monitor internal usage of the Big Data eco-system using a set of alerts. This is not a scalable process given the increase in the number of alerts with the accelerating growth in data volume and user base. Organizations are increasingly leveraging machine learning to monitor only those data elements that are sensitive and critical, autonomously establish monitoring policies, and to detect...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
The 21st International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
SYS-CON Events announced today that Systena America will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Systena Group has been in business for various software development and verification in Japan, US, ASEAN, and China by utilizing the knowledge we gained from all types of device development for various industries including smartphones (Android/iOS), wireless communication, security technology and IoT serv...
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single threaded, you can effectively identify hot spots in your serverless code. In his session at 20th Cloud Expo, David Martin, Principal Product Owner at CA Technologies, will give a live demonstration and code walkthrough, showing how to ov...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that EARP Integration will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. EARP Integration is a passionate software house. Since its inception in 2009 the company successfully delivers smart solutions for cities and factories that start their digital transformation. EARP provides bespoke solutions like, for example, advanced enterprise portals, business intelligence systems an...
We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive ad...