Expedia Group's travel management company Egencia will
release a pilot product called Savings Finders for Hotel to a limited number of
customers before the end of year.
Savings Finder for Hotel will be similar to Savings Finder
for Air, which was released this year. Savings Finder for Air uses artificial
intelligence to automatically track price variations and rebook when there is a
lower price on the same flight within seven days of booking. The rebookings are
made in the same ticket class and with the same amenities.
Likewise, Savings Finder for Hotel will automatically rebook
a reserved hotel with the same amenities if a price drop is discovered, Egencia
Savings Finder for Air has saved customers millions of
dollars, Egencia says.
"Building innovations like Egencia Savings Finder lets us
help our customers maximize the value of their travel program," Egencia COO
Mark Hollyhead said. "Every dollar saved when an air or hotel booking is
reshopped at a lower rate adds up, allowing our clients to book more trips and
spend more time engaging suppliers, engaging clients and engaging employees."
Egencia is targeting the first quarter of 2020 for general
release of Savings Finder for Hotel.