Vindow – developer of a cloud-based travel technology platform that unites both buyers and sellers of group accommodations in a powerful and transparent online marketplace – is excited to launch a brand-new tool: “Bid Intelligence,” which graphically ranks competing hotel bids – weighted by rate, amenities and concessions – allowing hoteliers to actively adjust their quote in real time and win more business. Planners and procurement professionals can be confident that the rates and considerations in every hotel bid truly represent the hotel’s “best offer” without endless back-and-forth negotiations.
Vindow’s Bid Intelligence tool was developed in alignment with the company’s mission – to give all transactional parties unprecedented visibility into the prevailing market dynamics with software that is flexible, fast, and intuitive – as greater transparency between buyers and suppliers leads to improved trust, faster transactions and better outcomes.
While Vindow’s Bid Intelligence actively delivers hotels’ best deals, their powerful Data Analytics tool gives planners access to unprecedented insights into every hotel bid, including (but not limited to):
- “True Cost” analysis, which factors in all additional costs, room rental costs, fees, taxes, etc., and can save buyers up to 15% on their entire program.
- Hotel amenities, star rating and customer reviews of each hotel.
- Hotel location, including neighborhood scores, safety rankings, etc.
- Market intelligence and real-time rate trends, which help identify new, data-backed opportunities as the market evolves.
Bid Intelligence gives hoteliers instant feedback to see how their bid compares in relation to their competition. While hotels can’t see the property names or exact rate quotes of their competition, they can compare relative pricing positions and star ratings. That gives hoteliers the opportunity to amend their proposal in real-time, if they choose, to position their property more advantageously.
Vindow full suite of RFP creation and management tools for group accommodation sourcing is now available.