Dynamic Rate Targets
Provide travelers with appropriate spend guidance while searching for flights and hotels. Dynamic Rate Targets are displayed within Tripkicks Insights Banner, and determined by your real-time company-preferred rates & fares, policy, configurations, and destination-specific logic. Our proprietary algorithm utilizes business rules to narrow down a grouping of flight itineraries, or lodging properties, and selects a percentile from that remaining group to display as the Rate Target.
Rate Targets are not intended to always reflect the “lowest” cost option, rather, a reasonable target based on the options available to the traveler, while also considering the guidelines of the corporate travel policy.
For cities with many preferred properties, Dynamic Rate Targets identify an appropriate amount based on those properties and the actual rates being offered to your travelers – increasing nights at competitively priced preferred properties.
For low volume markets where preferred properties may not exist, Dynamic Rate Targets considers the types of hotels most often booked by your travelers, and guides them to appropriately priced options.
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