Skift Travel News Blog

Short stories and posts about the daily news happenings around the travel industry.

Hotels

Australia’s Webjet Launches Tool to Weed Out Rogue Hotel Rates

9 months ago

With hotels seeing a big bounce in bookings, so too can they expect to see more so-called rogue rates creeping back. These are rates that they’ve not authorized, and are a common complaint. Now one of the major bedbank players has developed a platform to help hotels fix any rogue rates they spot.

WebBeds, the accommodation marketplace owned by Australia’s Webjet, has launched a tool called Parity Monitor. It will first act as a hub where hotels can submit parity discrepancies to WebBeds, which connects accommodation providers to a network of 44,000 offline and online travel buyers.

It’s just the first phase of a program, as later it will let its hotel partners track, monitor, report back and eventually resolve rate discrepancies. WebBeds also said it had set up a centralised team dedicated to resolving parity issues.

“WebBeds is very aware of the frustrations that our hotel partners experience when there are rate parity discrepancies in the market,” said WebBeds CEO Daryl Lee.

Expedia Group and Marriott International have already partnered to curb the practice, and last year said they’d reduced the unauthorized distribution of wholesale hotel rates across metasearch websites by 80 percent.

Travel Technology

Hotel Tech Company Sceptre Hospitality Resources Acquires Booking Engine

1 year ago

A U.S. hotel tech company with equity backing has acquired a booking engine based in Ireland. 

Houston-based Sceptre Hospitality Resources said Thursday that it has acquired Avvio

The private equity firm Serent Capital made an undisclosed “significant investment” in Sceptre Hospitality Resources in 2020. The Avvio acquisition was funded through that investment, Sceptre said. 

Sceptre provides hotel tech including symptoms for central reservation, customer relationship management, and revenue management. The company works with more than 1,500 hotels, driving 6.6 million bookings each year.  

Founded in 2002, Avvio launched its artificial intelligence-powered booking engine in 2017. The company also offers digital marketing and website design services. The booking engine, allora.ai, provides tech to more than 500 hotels globally and handles more than 400 million bookings each year. 

The deal will integrate the allora.ai tech into the Sceptre systems, the companies said. 

“Together, they will deliver an incredibly personalized customer purchase journey at every stage in the customer lifecycle,” said Rod Jimenez, Sceptre CEO, in a statement. 

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