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In April 2012, at UNITED! (the WorldVentures annual international convention) in Las Vegas, President of Rovia Mike Putman took the stage to announce RateShrinker. RateShrinker is an incredible technology that allows customers of Rovia travel websites to shop for flights with confidence. When a customer books a flight, our systems scour the Internet in search of the lowest available price, on the same exact flight. Once we locate a lower fare, we send the customer an email confirming the booking, the amount they saved and put the cash instantly back in their account. Well, now Rovia customers can enjoy the same functionality with HOTELS! In this presentation, Mike Putman explains how RateShrinker for Hotels works and why it's so powerful. The crowd of WorldVentures Reps in attendance went NUTS when the announcement was made. With this kind of relentless effort to improve our products, Representatives know they can share our Rovia products with pride. It's been an exciting weekend here at The View in Dallas, don't miss the next one! http://www.wvview.com
Citation preview
At UNITED we introduced:
Technology designed to shrink your airfares
Recap:
How does work?
1) Purchase ticket from any Rovia Booking Engine
2) RateShrinker goes to work immediately checking
the price of your tickets up until departure
3) When we find a lower price for the same
itinerary, we shrink your old tickets and reissue at
the lower price
Subject: Great
News from your
Rovia team!
What do our Facebook Fans have
to say about RateShrinker?
Since Program Launch:
RateShrinker has found lower
prices on 10% of air tickets
And now we would like to introduce:
For Hotels
How it Works 1) Book your hotel on any Rovia site
2) Once your booking is made, RateShrinker
automatically searches for lower rates for
the same room type - When we find a
lower rate we send you a notification
3) Pre-paid hotels are refunded; Post-paid
hotels will be billed at the lower rate
Booked 3 nights in 1 bedroom suite @ $103 per night
Check-in date 12/31/12
10/25
Lower rate found @ $82 per nightOld booking cancelled
Email confirmation sent
11/15
Lower rate found @ $75 per nightOld booking cancelled
Email confirmation sent
11/30
• In our research & development phase we tested 840 hotel bookings
• RateShrinker was able to find a lower price on 13% of these
How big is this
program?
Priceline is the only place where you can shop and compare from over 201,000 hotels around the world
How many hotels in Rovia’s
vast global inventory are
participating in the
RateShrinker program?
Drumroll…
215,913