It is critically important to have the correct information on a rate contract for both the buyer and the supplier. Unfortunately, when information like pick-up times or locations change, or an error in pricing is sent an update needs to be sent. These updates are generally always important for a buyer to receive and TourConnect helps suppliers to quickly make the necessary updates and send the updated rate contracts to their buyers.

However, these updates can be disruptive to a buyers current process. It takes time for the update to be reviewed and the information modified in the necessary booking systems. While we made it extremely easy for suppliers to send updates we wanted to make it just as easy for buyers to quickly determine what changes have been made. Today we are releasing our Rate Comparison Tool. With this powerful new feature of Rate Management, users can now compare two TourConnect format rate contracts.

Empowering Contracting Managers 

Mid-year rate corrections or a new annual rate agreement – it doesn’t matter. You can compare both to know what has changed since the last rate contract you received from that supplier. This powerful tool will help you to prioritize the effort necessary to get the correct information into your booking system.

Manage multiple locations? This is a Distribution Managers dream tool.

Many of our customers who operate hotels or tours in multiple destinations often have each location manage the changes in annual rates. It is then forwarded on to a corporate distribution manager to send to their buyers and agents. If this sounds like you, then you’re going to love this new tool. This new tool can now save a ton of time in reviewing changes from year to year and needing to amend and/or update rates mid-year. You’ll be able to focus on the changes, ensure they are accurate and quickly hit the send button with confidence.

We’ve seen a record number of rates exchanged using the TourConnect platform.

Buyers are quickly seeing the value of managing all of their rates they receive from their suppliers on TourConnect. Suppliers are equally seeing how easy it is to send out all of their rates with a single click to all of their buyers. What’s more impactful is that suppliers can quickly fix any errors or update important rate information without having to search through several rate documents making updates and determining who to send the updates to all over again.

We are constantly adding features and functionality to the TourConnect’s Rate Management and today is another yet another reason we’re seeing so much excitement from buyers and suppliers alike.


Mike Herrmann

Author Mike Herrmann

After beginning his career in technology, Mike moved to Sydney in 2004 to start Bonza Bike Tours. His unique combination of experience in software development and tourism helped form the vision for TourConnect. While wearing out the airspace between the US and Australia, Mike has also become an expert in sleeping in uncomfortable chairs and B-grade movies.

More posts by Mike Herrmann

Leave a Reply