Gaining New Value from Dining Spend

Slides:



Advertisements
Similar presentations
Enhancements to Penns Travel Program Launch of the New Travel Web Site Susan Storb Travel Administrator.
Advertisements

Introducing Egencia.
Strategic Meetings Management 101
Topics Covered Relationship Marketing Retention Strategies
ETS 2: Driving Innovation, High-quality Service Delivery & Improved Usability, to achieve Cost Savings PANELIST: Jim Lucier Senior Vice President, Federal.
 Step 1 – Define Strategic Opportunity  Step 2 – Baseline Current State  Step 3 – Industry Analysis  Step 4 – Go to market Strategy Development  Step.
Introduction to Dinova Securing Value for Your Corporate Dining Spend Texas Education DayFebruary 13, 2015 Texas Education Day.
Enterprise Resource Planning Dr. Djamal Ziani. Customer Relationship Management CHAPTER 3.
This document contains unpublished confidential and proprietary information of American Express. No disclosure or use of any portion of these materials.
Travel at UCSF: The State Airfare Program and Travel and Entertainment Card UCSF Academic Senate.
Connexxus Program Update Upgraded Connexxus: UC Travel Program Alexandra Jalali Manager, Accounts Payable Operations & Travel Contact: CO Solution Center.
Hyatt 2015 Travel advisor Campaign
2012 Annual Conference & Tradeshow Celebrating 26 years of service to the Collegiate Travel Marketplace GAYLE STETLER, PURDUE UNIVERSITY JOE JACOBSON,
Ideas for Profits EVERY TIME… ideasforprofits.com.
Strategic Meetings Management Peter Moen Vice President, Carlson Meetings and Events.
#GaGTC15 Rethinking Your Print Guide Strategy Berkeley Young, Young Strategies.
Maximizing Revenue from Simple Meetings Join the Online Marketplace.
Balboa Travel & TripBam. TripBam Why TripBam? Technical Implementation Considerations Product Overview Suggestions.
SABRE VIRTUAL PAYMENTS Karen Frayer Sabre Virtual Payments Manager.
Hotel Procurement NOVEMBER 2015 Why is procuring hotels in the corporate market so difficult?
Corporate Dining Overview September Historical Gap Corporations Restaurants More than $50 Billion spent by corporations and small businesses in.
G l o b a l C o n f e r e n c e s & E v e n t s “Providing Our Clients A World Of Difference”
Travel Solutions Program Drexel University ravel Solutions Program Drexel University T ravel Solutions Program.
STATE OF OKLAHOMA Purchase Card (P-Card) Program by Linda Powell.
WORK Pre Travel– Report Summary and Samples.
Providing a Seamless Visitor Experience Tim Manson and Toni Frost Marketing Birmingham 9 th October 2008.
Patrick J D Taylor December 3 rd, © 2015 Oversight Systems3 The Art of Deception Spapaws Hotel expensed as lodging Spa Paws Hotel expensed as.
Marketing & Brand Research AAA Member Poll 2011 Summer Travel and Entertainment Auto Club of Southern California May 2011.
Corporate Travel Presentation. Who we are……….. Fairmont Travel, established in 2007, is one of the fast growing Travel Agencies in Kuwait. Since then,
Oct 4, 2016 Education Day Intro to Dinova. Why Dining ? Top 10 Spend Categories Dining is the third largest category: 10% of Total T&E Spend Source: Concur.
OPPORTUNITY PRESENTATION
HBAA – setting the standard in the hospitality and events sector
PRICE marketing.
Procurement Development Programs
Global Sourcing Strategies to Achieve Long-Term Success
The Future of Digital Publishing
An Overview of the Source1 Program
Director’s Breakfast.
BMO’S SUPPORT FOR YOUR ORGANIZATION
Explore Digital Marketing
Why a Managed Travel Program?
‘ Rise up’ To a life of Excellence.
Blue Ribbon BUSINESS TRAVEL INTERNATIONAL
btX Event October 22, :00 PM EDT, 11:00 AM PDT, 7:00 PM GMT
Business Travel What You Need to Know Business Services November 2012
How to Motivate Responsible Employee Spending
HBAA – setting the standard in the hospitality and events sector
Save for, Budget, and Plan Travel for Business & Pleasure
Playing in Traffic: A New Look at Management and Operations
Travel Agents Are Still in the Game
The Industry – The Association
Business Model Canvas Key partners - Hotel/property owners
Business Model Canvas Key partners - Hotel/property owners
Business Model Canvas Key partners - Hotels - Property owners
Explore Digital Marketing
Enterprise Resource Planning
Insignificant Revenue Increase
Exploring Your Home Page
HBAA PARTNERSHIPS Sponsorship packages 2019.
Searching Concur Travel
Mary Martin, Director of Payment Services & Travel
2/25/2019.
HBAA – setting the standard in the hospitality and events sector
Total Cost Of Ownership: Your Travel Payment Solution
Conference Invitation Program
Conference Invitation Program
Title Page: Include your names and class period
Innovation in Railways NTA Ireland
TRAVEL TRAINING You may access our travel guidelines and forms by visiting:
Concur Travel and Expense Management
Presentation transcript:

Gaining New Value from Dining Spend Chris Froelich Vice President, Business Development October 1, 2014

Dining: 3rd Highest Corporate T&E Category Percent of Total 0 5% 10% 15% 20% 25% Airfare Lodging Dining Entertainment Ground Transport Car Rental Telecom Meetings Dinova’s corporate clients cumulatively spend more than $2 billion in dining annually 2 *According to the Concur 2013 Expense IQ Report

Who Comes To The Business Dining Table EXECUTIVE MANAGEMENT CATERING COORDINATORS EVENT PLANNERS BUSINESS TRAVELERS 10% of total corporate T&E budget 3

Capturing & Leveraging Dining Spend Challenges Many Programs Face Spend highly splintered & no predominant vendors Little opportunity for centralized purchasing Traditionally difficult to drive and achieve share shift Dinova’s Unique Solution Leverage the corporate credit card Seamless for travelers / card holders / admins No Personally Identifiable Information (PII) collected or used Utilize procurement based techniques and technologies Companies benefit from aggregated spend across the country A network of 12,000 restaurants; available on Day 1 All cuisine types and price points

Dinova’s Rebate Model for Corporations Traveler/Admin Pays for Meal w/ Company Corporate Card Monthly Corp Card Data Report to Dinova Dinova Reconciliation with Restaurants Dinova Distributes Rebate to Corporation Internal Distribution of Rebate (if applicable) Newly-found Value for the Corporate Program 33% of America’s 100 highest-travel-spend corps 4 million+ eligible corporate credit card holders 5

Prominent National Dinova Restaurant Partners 6

Leading Regional Restaurant Groups 81 Dinova Network Restaurants within 10 miles 7

Desktop Search Page / Our Database How Dinova Helps Companies Steer Travelers and Admins to In-Network Restaurants Client Travel Fairs, Lunch & Learns, Webinars Digital Newsletters, Intranet Company E-mails, Social Media Events Dinova Mobile App is available for iPhone & Android devices. Communication Dinova Mobile App Each client is given a custom link enabling users to access Dinova’s restaurant network. Desktop Search Page / Our Database

Helping Road Warriors Find Dinova Restaurants

Key Takeaways Finally a program to leverage dining spend Potential savings: significant and incremental No cost and no significant resource risk Minimum ramp-up period No sensitive data required (No “PII” captured or used) Can coordinate with existing restaurant programs and relationships (if any) Internal communication & support required and is key to success

VP Business Development cfroelich@dinova.com 973-954-6006 Contact Chris Froelich VP Business Development cfroelich@dinova.com 973-954-6006 www.dinova.com

The Ultimate Hotel Shopping Solution www.tripbam.com 9/16/2018

Solution We created tripBAM to be the ultimate hotel shopping service. A three step approach.

Opportunity Attachment rates declining. Hotel costs are increasing. Corporate discounts are complex. Shifting share is difficult. Provide hotel rate assurance. Decrease costs by 20%. Reduce dependency upon negotiated rates. Shift share based upon a best rate.

Clusters A set of hotels is created (cluster) for each trip. Can be biased based upon: Cluster Cluster Biasing: Distance (by City) Hotel Quality Amenities Negotiated Property Chain and Brand (Priority) Traveler Preference* Agency Preference* Traveler and Trip Status: VIP Internal or External Travel Traveling with a customer Conference Travel Domestic or International Trip Cost or Average Rate Hotel Booked Leisure or Corporate And more…..

Rate Shopping Monitor rates across selected hotels and communicate savings as rates change beyond savings threshold. Average Rate Savings Thresholds: Normal $20.00 Same Hotel - $10.00 Pref to Non-Pref +$10.00 Non-Pref to Pref -$10.00 Traveler Creates a Cluster Final Booking $300 $250 $200 $150 $100 ▬ Fairmont Olympic Hotel Hotel Max Sheraton Seattle Mayflower Park Hotel Hyatt Regency Downtown $155 $148 $130 $135

Results

Good Rates Bad Rates

Steve.Reynolds@tripbam.com 214-363-9630