Tourico launches Group Bidding Engine

Tourico Holidays has launched its new Group Bidding Engine, where travel agents and other distributors can submit highly specific group reservation requests, and selected hotels have a 24-hour window to bid on them. 

The completely transparent, real-time group travel marketplace will also allow travel agents to bundle their hotel selection with group transfers, activities, and attractions – making it a one-stop transaction for all group services.

Using the Group Bidding Engine, clients can search for hotels based on destination, the number of rooms desired, the check-in and checkout dates, and star ratings.  Agents can then filter their results based on location, price range, hotel names and brands, amenities and more.  Agents then select up to seven specific hotels from which they would like to receive pricing quotes. 

Once a client has submitted their specific group request, the automated system notifies the selected hotels and initiates a 24-hour period where they can adjust rates multiple times in order to attract the group business.  Clients can review the quotes in real-time and select a hotel at any point during the 24 hours – or within 24 hours of it expiring.  Bookings are finalized and processed on the site after agents have been given the option to add specific transfers, activities, and attractions to their reservations.