PALO ALTO, Calif. (Nov. 13, 2023) — Bizly, a leading event technology platform has announced a strategic partnership with TRIPBAM, the global provider of air and hotel rate reshopping, auditing, benchmarking and sourcing. The collaboration delivers advanced sourcing insight and cost-saving opportunities to Bizly customers as they plan events and book accommodations.
Bizly’s platform simplifies the event planning process by enabling corporate meeting and event professionals to source, book, and manage events seamlessly. Through its partnership with TRIPBAM, Bizly will now be able to deliver detailed rate information, including average market rate, average corporate booked rate, and average corporate negotiated rate, for more than 100,000 hotels worldwide.
“We’re thrilled to partner with TRIPBAM to enhance our event planning platform,” said Ron Shah, CEO of Bizly. “The people who typically plan small and simple meetings are not professional meeting planners. They don’t have any kind of benchmarking tools. Having real-time market data from TRIPBAM will empower customers to negotiate better rates and save their companies money.”
Additional benefits of the Bizly-TRIPBAM partnership include:
Cost Savings: Bizly customers can access real-time data on hotel rates and what other companies are paying so they can identify the most cost-effective properties to include in their bidding process.
Enhanced Sourcing Intelligence: Integrating TRIPBAM’s average rate information into the Bizly platform gives planners the insight to optimize their budgets.
Improved Transparency: Customers gain a clear view of hotel pricing, allowing them to negotiate for better rates and make informed decisions that align with their event objectives and budget constraints.
Data-Driven Decision-Making: The partnership leverages data-driven insights to enable planners to make more strategic and cost-effective decisions when selecting event venues and accommodations.
“We’re happy to be able to bring our hotel rate intelligence to Bizly customers,” said Steve Reynolds, CEO and Founder of TRIPBAM. “Our work with customers over the years has demonstrated that access to real-time rate and benchmarking data can have a massive impact on company savings and efficient program management. It’s great to be able to deliver this level of insight to small and simple meeting planners who would otherwise be operating in the dark.”
For media inquiries, please contact Frank Schnur at frank@bizly.com or (508) 239-8133.
About Bizly
Bizly is a leading event technology platform simplifying event planning and sourcing for corporate meetings and events. With a user-friendly interface and a vast network of event venues, Bizly empowers event planners to source, book, and manage events efficiently.
About TRIPBAM
TRIPBAM, a division of Emburse, is the leading travel technology provider for reducing hotel costs and optimizing hotel programs. TRIPBAM’s advanced analytics, benchmarking, and contract auditing capabilities empower companies to save on travel spend without compromising on corporate culture. More than 2,000 companies across the globe trust TRIPBAM’s technology to stay on top of supplier agreements, boost compliance, negotiate new contracts, and save both time and money. For more information, visit www.tripbam.com.