Net Trans Services - Making every room night count A brief introduction to the benefits of the partnership between Net Trans Services and the GTMC
Privately held, Net Trans Services is a Solid Company Comprised of 82 Professional Employees Annual Booked Hotel Sales: EUR 5.8 billion Annual Commissions: EUR 135 million Annual Room Nights: 40 million Travel Agency Locations: 10,300 # of Hotels: 200,000 Founded in: 1999 Ownership: MJ Group 59% Venturos Capital 33% Employees 8% # of FTEs: 82 Languages Spoken Fluently: 21 Customers in: 100 Countries
Key Benefits More commission Most agencies increase their commission 40% or more Faster payment Double the speed of collection Lower administrative costs No extra entries at point of booking Virtually eliminate the work for the accounting department Lower cost Drastic cut in bank charges due to consolidation Net Trans volume of transactions Better reports Online 24/7 with every detail Negotiating power! 3
How does it work Pay direct to agent Payment VAT Invoice (optional) Claim Bag and forget Management reports Confirmation Electronic payment Data collection
NTS has Experienced Steady Growing Volumes Million Room Nights per Year
UK volume of total NTS yearly volume – largest NTS market A look at the UK market - based on current NTS clients and NTS reporting – Year to date end August 19 % UK volume of total NTS yearly volume – largest NTS market So far this year, NTS has processed 5,6 million booked room nights from UK clients. 83% of these are from GTMC members.
The benefits of the GTMC – NTS Partnership Partnership to improve performance and revenues – Bespoke GTMC Reports Regular meetings and presence at GTMC & HSG events Favourable GTMC Member Rate “The overall purpose is for both parties to improve income GTMC members generate from commissionable hotels”
Net Trans Reporting to GTMC - Quarterly reporting on member performance