Webjet Group Demerger: Webjet Group Limited commenced trading on the ASX on 23 September, and have launched their Investor Centre, which we encourage you to visit the site and save the link in your favourites. Webjet Group Investor Centre

6 Nov, 2023

WebBeds’ online tool resolves rate discrepancies instantly.

WebBeds now provides even greater control and improved efficiencies, empowering hotels to instantly resolve identified pricing inconsistencies when reported through WebBeds Parity Monitor. A worldwide industry-first, exclusive to WebBeds.

WebBeds, the global marketplace providing accommodation and ground product distribution services to the travel industry, has announced an update to its online Parity Monitor tool, enabling hotels to instantly resolve pricing discrepancies.

WebBeds launched the online Parity Monitor tool to hotel partners at ITB 2023 as the initial phase of a major initiative to improve the speed of identifying and resolving parity issues, with the ultimate aim of achieving zero BRG (best rate guarantee) discrepancies.

The v1.2 release, with user upgrades to be completed by mid-November, provides WebBeds’ hotel suppliers with an exclusive industry-first; instant resolution of rate discrepancies – at a property level – when hotels report violations directly through the Parity Monitor tool. No warnings, no strikes, no manual processes – this is an immediate and automated solution driven by best-in-class technology.

“The v1.2 Parity Monitor release demonstrates the progress we’re making in developing automated solutions that add value to our partners. Our stated objective for this project is to ultimately achieve zero BRG (Best Rate Guarantee) discrepancies through the WebBeds marketplace. It’s a very high bar to reach but we are demonstrating concrete progress and substance as we work towards achieving this aspiration.”

Daryl Lee - WebBeds CEO 

 

The v1.2 upgrades to the Parity Monitor tool now provides even greater control & improved efficiencies, enabling hotels to input, submit & resolve rate discrepancies instantly, the first time a discrepancy is reported.

WebBeds Parity Monitor Dashboard – V1.2 resolves rate discrepancies instantly.

WebBeds is focussed on harnessing the capabilities of intelligent automation and have worked with Robiquity, a trailblazer in Intelligent Automation, to develop an industry-first solution. The project team have utilised Robotic Process Automation and the Microsoft Power Platform to automatically update and synchronise data across all WebBeds platforms and internal systems so that exclusions are applied immediately to the client.

Press Release.

Press Release – Parity Monitor V1.2

6 Nov, 2023

Product Flyer – Parity Monitor V1.2

6 Nov, 2023

Find out more about Parity Monitor at WebBeds.

Visit:  webbeds.com/explore-tech/paritymonitor 

Share this post
Copy link
hm img ft 404 Mar24 v3

The Web Travel Group is proud to support 40:40 Vision to achieve gender balance in senior leadership by 2030.

hm img ft BeCause Sep24

WebBeds partners with BeCause – a sustainability technology start-up transforming how companies in travel manage their sustainability data – to scale up the number of properties tagged as ‘eco-certified’ on WebBeds booking platforms.

Share Price

Visit ASX website

Web Travel Group Limited

*Price delayed by 60 minutes.