This hospitality management software connects travel agencies and hotels directly, bypassing channel managers. It offers rate plan controls, a finance module, and global distribution from a central reservation system (CRS) or property management system (PMS), streamlining operations for hotels and travel operators.
Funding
Funding not disclosed
Founders
Product
Problem
Hotels and travel agencies often face challenges with complex, expensive, and inefficient distribution channels involving multiple intermediaries. This can lead to rate parity issues, booking errors, and a lack of transparency in transactions.
Solution
Hotel Trader provides a direct connection between hotels and travel agencies, streamlining global distribution and sourcing strategies. The platform integrates directly with a hotel's CRS or PMS, eliminating the need for channel managers and manual processes. Travel operators gain immediate access to a wide range of hotels and rates through a single API, while hotels can expand their reach to new buyers globally with transparent transactions. Hotel Trader automates rate plan controls, billing, accounting, payment, and customer support, reducing distribution costs and improving efficiency for both hotels and travel operators.
Target Audience
The primary target audience includes hotels seeking to expand their global distribution and travel operators looking to streamline their sourcing process and gain access to a wider range of hotel rates and inventory.
Features
- Direct connectivity between hotels' CRS/PMS and travel operators
- GraphQL API for streamlined integration and access to real-time rates and availability
- Automated rate plan controls, finance module, and customer support
- Business intelligence tools for data-driven sales and actionable insights
- Centralized operations with a single point of contact for customer support and guest relations
- Standardized billing and reconciliation system for simplified payment processes
- Guaranteed reservations with hotel confirmation numbers provided in real-time