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Meetings

New Booking Tool Targets Small Corporate Event Space

By Michael B. Baker / July 18, 2012 / Contact Reporter
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With hotels awash in group requests for proposals, organizers of smaller events are less likely to garner a quick response. A new small meetings booking tool called Groupize aims to fill that gap.

In beta since February, Groupize lets users search hotel rates for events that require up to 25 guest rooms. The tool is not exclusively for corporate use, but Groupize president and CEO Charles de Gaspe Beaubien estimates the segment is a potentially lucrative target for his business.

"On the corporate side, time is money," said de Gaspe Beaubien, who previously held executive roles on the leisure travel side before serving as senior vice president of business development for the now-defunct rail IT services provider Wandrian. "A lot of these planners have to be able to book it and sign on their rates right away, so it's a good market for us."

Event planners using Groupize select their destination city, dates, number of guests and number of rooms, and the tool returns available rates matching the criteria. From there, the planner can filter results by properties with meeting space or by such amenities as free breakfast and Wi-Fi. Bookings are guaranteed by a credit card, and travelers then can claim rooms or make any necessary modifications to the bookings.

De Gaspe Beaubien said Groupize was inspired by the proliferation of third-party RFP providers for group events, through which a planner can fill out one form and send an RFP to dozens of hotels. Because hotels have to dedicate more resources to these requests, smaller events are falling off of their radar screens, he said.

While several corporate booking tools can perform similar functions, smaller travel programs not using the major technology suppliers or agencies have fewer resources.

"It can be difficult to get a hold of managers to get rates and check inventory," de Gaspe Beaubien said. "Hotels are being inundated with unqualified RFPs and don't have time to answer all of them, and [smaller groups] are not what they want the limited resources on the sales manager side to focus on."

With the technology in place, Groupize now is concentrating on building inventory by striking deals with hotel chains to access their preferred group rates. The company recently signed an agreement with Wyndham Hotel Group, and also is in negotiations with various central reservation systems to access their special negotiated rates, de Gaspe Beaubien said.

In June, Groupize announced a partnership with TravelClick to access hotels via global distribution system connectivity, which TravelClick executive vice president of reservations solutions Jonathan Cherins said would "revolutionize the group booking process."

Groupize also recently introduced a white-label technology for hotels to use on their own websites. Hotels also can use it to create a group dashboard for planners to collaborate and manage their events.

"Quite a few hotels are now revisiting their groups strategy, so the timing is perfect," de Gaspe Beaubien said. "Hotels already have the traffic, which allows us to be successful just by supplying the technology to that model."

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