As corporations constantly look for ways to reduce expenses and streamline processes, a Dublin-based startup called Roomex might have found a way to tap into this lucrative vein. But the question remains, is corporate hotel booking the next big trend in business savings?
Roomex is a corporate hotel booking platform specifically catering to business needs. It recognizes that hotel bookings represent a substantial unmanaged spend for most small and medium-sized enterprises. Through their platform, Roomex endeavors to bring this spend under management, saving these organizations on hotel costs and administrative effort.
Key Takeaways:
- Roomex, a corporate hotel booking platform, taps into hotel bookings as an unmanaged spend category for businesses
- The platform uses artificial intelligence and machine learning to find the best hotel deals, resulting in average savings of 21%
- Roomex also provides cost visibility through custom reports and dashboards
- Roomex has met the needs of more than 1,000 customers with over one million hotel bookings
- Roomex is yet another testament to the potential of artificial intelligence in reducing business expenses and streamlining processes
What sets Roomex apart from other hotel booking platforms is their strategic use of artificial intelligence and machine learning. These technologies enable Roomex to sift through vast amounts of information, continuously searching all hotel booking websites worldwide. This ensures that they find the best deals for their clients, slashing the costs of hotel bookings by an average of 21%. Roomex also uses predictive analysis to track price movements and other variables in the hotel market, which further allow users to reduce costs.
Another standout feature of Roomex is its cost visibility. The platform provides customised reports and dashboards for customers, granting them complete insight into their hotel spending. This transparency coupled with actionable business intelligence empowers businesses, helping them make informed decisions about their travel expenses.
In terms of the future, it seems highly probable that Roomex, and services like it, will grow in relevance and popularity. As businesses continue to seek for effective ways to reduce expenses and increase efficiency, platforms like Roomex provide a welcome solution. Roomex is standing out in the corporate travel market by not only making it easier and more cost-effective to book hotels, but also providing valuable data that can guide future spending decisions.
It’s clear that Roomex has identified a significant gap in the market, and the company is leveraging technology to meet that demand. With the continued trend towards digital transformation and artificial intelligence in business, Roomex is poised to lead the industry. You can find out more about Roomex by visiting their website, Twitter, Facebook, and LinkedIn profiles.
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