How To Work With Us Posted on September 26, 2012 by thflogin How To Work With UsEasy and immediate impact Partnering with Tourico Holidays is easy and immediate. Stay in complete control of your rates and availability. Our user-friendly extranet allows you to add or remove rates as conditions allow, as well as control your inventory and availability. We are also fully compatible with all major Channel Managers such as EZYield® and Rate Tiger®. What we need from you As an international wholesaler, our clients consist of major tour operators, distributors and re-sellers. In line with this business model, we must be able to confirm and guarantee rates and availability instantly. So here’s what we will need from you to move forward: Competitive Rates: If you already have an FIT rate structure, be sure that we have at least rate parity with our competitors. Unfavorable rates simply will not sell. If you are not familiar with this segment, it is typical to provide a rate that is 30% or greater discount from your BAR or published rate. This will allow both Tourico Holidays and our client re-sellers to go to market with a competitive rate. Allotment: Your distribution will be strictly online through Tourico Holidays, so an allotment of rooms is necessary to feature your property. These will be released back to you anywhere from 1 to 7 days. Rooms that we sell from allotment will be instantly confirmed and guaranteed to our clients. You will be able to manage this allotment through the Extranet. Release or Cut Off period: The release period; typically 1-7 days, is the period at which Tourico Holidays “releases” the allotment of rooms from our bed bank back to the hotel’s inventory. Inventory with a 0-3 day cut off enjoy greater sales volume. Billing Privileges: As a business-to-business wholesaler, our clients rely on billing privileges with us, so we ask the same of you. We require net 30 days from check out terms. Our global credit references and more information regarding security can be viewed here. All 36,000 of our hotel partners have approved us for direct billing. Tourico Holidays does not work on a pre-pay basis. Electronic, Paperless Processing: Tourico Holidays strives to be a paperless operation, and accordingly asks you to accept new bookings via email, and to process inventory exclusively via our extranet. To send payment requests, you will need to use our Payment Template, which can be downloaded from here. Downloads: Global Credit References Payment Template Once you are ready to partner with Tourico Holidays, you will be online and on sale within minutes of submitting your contract and terms. Provide your rates, allotment, cutoff and terms using our online contract available either from this link, or from the email you received. Once you click submit, your contract will be immediately online and on sale! New bookings will be emailed to the address you provided. The email will indicate that you have new bookings to process, and direct you to our extranet where you will be able to process the reservations in real time. You will receive a “welcome letter” that will confirm your details and Extranet username and password so that you are in control from day one. Tourico Holidays will subsequently review all conditions and will add images and review facilities and generate descriptions – this is all done for you and without any cost. Your only obligation is to the terms that you have indicated and submitted. The contract is electronically signed, legally binding, and ready to be serviced by one of our high quality Product Managers assigned specifically to your region. Contract Types Fixed Rate FIT Traditional contract Allotment of free sell Subject to changes Dynamic Rate FIT Fluctuates with BAR rates Safe for consumer-facing clients Permanent Room Block Guaranteed production Top priority of sales and marketing team Flagged to XML clients Exclusive rates and rate-protection Preferred Agreements Flexibility in rate structure and inventory Marketing support Direct Connect Chain-level agreement Opt in/out for individual hotels varies by chain Get Started: When you are ready to partner with Tourico Holidays, you will be online and on sale within minutes of submitting the following using our online contract: Rates Allotment Cut-off Online and on sale! Tourico Holidays will subsequently review all conditions and will add images and review facilities and generate descriptions − this is all done for you and without any cost. Your only obligation is to the terms that you have indicated and submitted. New bookings will be emailed to the address you provided. The email will indicate that you have new bookings to process, and direct you to our extranet where you will be able to process the reservations in real time. Online Contract: CLICK HERE Online Contract Renewal Tutorial: CLICK HERE DISTRIBUTION PARTNERS: Making it even easier for you to control your inventory and availability, we are fully compatible with 10 distribution partners and currently have AvailPro and SmartHotel coming soon.