How Ineffective Hotel Audits Are Causing Companies to Overspend
Skift Take
Companies put a lot of time and effort into creating a successful hotel program–– but without regular rate auditing, they may be leaving money on the table.
Companies invest a lot of time, money, and resources into their preferred hotel program, so it’s important to get it right. While successful negotiations are an important part of the process, having an effective audit in place to ensure rates are available also plays a major role in maximizing a company’s hotel spend. However, the value of rate audits for hotel programs is often overlooked.
There are a number of reasons why a company should embrace rate auditing to ensure full transparency of their hotel program. First, preferred rates aren’t always properly loaded into the
