GBTA honours tripBAM at procurement summit

Spotlight program focuses on future thought leaders of business travel management and highlights innovators

January 23, 2014
by Travel Management Canada Staff

Alexandria, VA—The Global Business Travel Association (GBTA) has recognized tripBAM with its GBTA Spotlight on Transformation sponsored by Concur at the GBTA Procurement Symposium 2013 in Atlanta, Ga. The spotlight program focuses on the future thought leaders of business travel management and highlights successful innovators that allow the travel manager and the corporate traveller to elevate the business of travel.

tripBAM created a solution to change the way a traveller shops for and buys a hotel. Their system not only supports corporate negotiated rates but allows a traveller to shop across a “cluster” of hotels to find the best rate in the market between the time of booking and departure. tripBAM consistently finds savings of more $100 on more than 80 percent of the hotel bookings and provides an average corporate savings of 25 percent of their overall hotel  spend, said GBTA.

“Travellers and agencies are amazed at how well the system works and always surprised at the savings,”said Steve Reynolds, president of tripBAM. “By taking a completely different approach, we provide travelers hotel rate assurance and savings while increasing transparency and rate flexibility. The opposite of what travelers find at the larger online travel sites.”