RFP Overview
The term RFP
What is Request For Proposal/Pricing
Typical Length of time Rates are established for an RFP
What is one year
Colors in the Kriya Logo
What is Orange, blue, green, & red
The most important point to include in a CBC
What is production in the area and your hotel.
A rate which requires ability to book as long as rooms are available
What is LRA ( Last Room Availability)
Submitted by hotel to brand travel manager for consideration for a RFP
What is a CBC (Compelling Business Case)
A rate which is a floating % off the bar/retail rate
What is Dynamic
City for the Kriya Headquarters
What is Grapevine, Texas
Report to determine production in the market/hotel
What is City Spend Report/Domestic Volume Report and or Hotelligence
The Brand Sales Manager responsible for National Accounts
What is Global Travel Manager
A local account in which the property has set up an agreement for a rate for an agreed upon amount of production
What is a LNR (Local Negotiated Rate)
A rate which remains the same for an agreed upon period also known as a fixed rate
What is Static
Meaning of the word Kriya
What is to take action or to move forward
Visual aid to add strength to a CBC
What are photos
How RFP are received
What is invitation from corporation
An account set up by the global travel manager from the brand
What is a Global Account
Standard Rate at the Hotel
What is BAR (Best Available Rate)
Three managing Partners for Kriya
Who ar Nina, Raj and Paresh
Items to include in the CBC
What is items over and above brand standards such as shuttle, top ratings for Trip Advisor etc
System in which associates book their accepted preferred rates
What is the company's booking tool such as Concur
~~~~~Double Jeopardy~~~~~
What is Both Teams earn $500. CONGRATULATIONS!!
Pick another category!!
% paid to Travel company (Travel Agent) after consumption for booking a room
What is a commission
Best Revenue Managers in the country
Who are RevGeners
Number of CBCs brands encourage hotels to submit
What is 10 to 15
When rates and inventory can be closed prior to the hotel selling out
What is NLRA