TMCnet News
Lanyon Unveils Hotel Spend Management ROI Calculator for Corporate Travel IndustryIRVING, Texas --(Business Wire)-- Lanyon, the leader in meetings, events, and travel technology, launched the Hotel Spend Management ROI Calculator on its web site today. The calculator, created in conjunction with Hobson & Company, gives site visitors an opportunity to preview the financial value to their organization of Lanyon's Transient Sourcing product. It is free to review now at www.lanyon.com/roicalculator/. Lanyon helps business travel professionals negotiate better hotel rates, manage time spent on RFPs, and ensure compliance with corporate travel policies. This ROI Calculator offers corporations an accurate view of their organization's potential return on investment in time and savings from implementing Lanyon Transient Sourcing. "Lanyon Transient Sourcing is the perfect choice for corporate travel professionals to drive revenue and increase efficiencies. Our easy-to-use web-based system decreases time spent on sourcing projects by up to 70% and increases traveler compliance by up to 75%," said JR Sherman, President, Lanyon. "This calculator enables corporations to easily compute their own expected annual return based on their current travel costs, time spent on each RFP, and number of RFPs processed." The top ten pharmaceutical, technology, and hospitality companies, nine of the top ten financial services companies, and over 100,000 hotels use Lanyon products worldwide. Interested users can review "The Business Case for an Automated Hospitality Spend Management Solution," a case study on Lanyon Corporate Travel Products conducted by Hobson & Company or visit the Lanyon Website for more information. About Lanyon Lanyon is the leading provider of cloud-based software for the Meetings and Events industry, and Transient Hotel Programs. Leveraging more than 40 years of industry experience, the Company enables thousands of associations, Small to Mid-sized Businesses and enterprise organizations around the world to drive efficiency, engagement and growth from their meetings, events and travel investments. Clients include 70% of the Fortune 500, 80% of the Business Travel News Corporate Travel 100, and more than 100,000 hospitality suppliers. For more information, visit Lanyon, today. All trademarks mentioned herein are the property of their respective owners.
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