New analysis from BCD Travel finds that failure to use effective audit practices costs companies hundreds of millions of dollars per year in missed hotel discounts

Without performing standard rate audits, a company overspends by $122,500 for every $5 million it spends on hotels. Using both standard rate auditing and rate availability audits prevents $225,000 in overspending for every $5 million spent on hotels. Additionally, hotel price monitoring programs like BCD Travel’s Hotel Price Assurance realize a net savings of $110,000 for every 50,000 hotel bookings…

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