Pruvo’s solution helps travel companies increase their hotel bookings profitability
dcs plus signed a new partnership with Pruvo, a provider of an AI-driven solution that monitors reservations and rebooks when the market price drops.
As a result of this partnership, dcs plus’ customers using IRIX booking engine will be able to increase their profitability by leveraging the price fluctuations that occur post-booking.
IRIX is an advanced internet booking engine that allows easy access to any type of travel service.
Built on robust technology, with a low fault occurrence, the booking system aggregates content from multiple suppliers and meets the needs of travel companies in distributing such content for both B2B and B2C businesses.
Itai Marcipar, CEO and co-founder at Pruvo: "Especially in these days, it is important to focus on technological solutions that brings new capabilities in the field of profit optimization and product improvements for the day after the COVID-19. I'm confident that this partnership between dcs plus and Pruvo will bring dcs plus’ customers a significant profit increase and competitive edge that will help them recover from the hard hit that all of the companies in the travel industry have experienced."
He added: “Statistics show that around 40% of the hotel bookings experience a price drop between reservation moment and until the check-in date. Pruvo's solution takes advantage of these price drops and helps travel companies increase their profitability on hotel bookings by 36% on average. Pruvo is an automatic service based on Artificial Intelligence and Big Data which automatically tracks existing hotel reservations made through any supplier with the intention of finding a better rate.
This partnership between dcs plus and Pruvo will allow companies such as OTAs, travel agencies, hotel wholesalers to access Pruvo's post-booking "Repricing" service and thus increase profits without having to worry about the integration process and with no setup fees.”
Andrei Savin, Head of Alliances and Partnerships, dcs plus: "We are always looking for ways to bring additional value to our customers through the partnerships and the alliances that we form. I think that this new cooperation with Pruvo will bring a new stream of revenue for dcs customers, most of them affected in these unprecedented times.”