Roomex’s new analytics feature, Insights Pro, shows businesses where they saved money on hotel bookings and where cheaper options were available but not chosen.
Insights Pro is a paid upgrade to Roomex Insights. It costs companies £99 per month, providing detailed breakdowns and ranked actions. The standard version shows high-level savings totals.
Questions can arise after bookings are made as to whether the stay could have been secured at a lower rate. Finance teams often need evidence based on what was available at the time, not hindsight.
Insights Pro uses search and booking data captured at the time of booking. This allows teams to review savings using that evidence rather than later assumptions.
The feature provides views of ‘Actual Savings’, showing savings already achieved compared with other options available at the time of booking, and ‘Potential Savings’ which highlights where a lower-cost hotel option was available during the search but a higher-priced stay was chosen.
Those comparisons are based on like-for-like criteria such as location, hotel rating and cancellation terms.
For finance and procurement teams, the feature is designed to pinpoint where overspend happens and what would change it.
The insights can be prioritised by impact, with additional data by city, hotel, policy and individual booker. Those facilitate targeted interventions.
Keith Watson, President at Roomex, said: “Businesses are under growing pressure to prove that travel spend is controlled, but those conversations often happen after the booking, without a clear record of what was available at the time. Insights Pro shows exactly what was available at the time when a decision was made. That gives finance teams confidence in the savings already achieved and helps identify behaviours that can reduce costs further.”
