The future of travel depends on costs, right? Those who are travelling for years have noticed
That the price of airfare hasn´t changed much.
It varies based on the price of fuel and the competition in the airfare industry
But the cost of hotel accommodation keeps on increasing.
Now, with the use of a sophisticated algorithm, everything can change.
Pruvo is evidence of this, with its platform that guarantees
Lower prices compared to the well known online platforms.
Which is what they say, and they do it AFTER the customer has an existing reservation.
Pruvo gets you a better price for your exact same reservation, and their service is free
From Heredia, Costa Rica, we are joined by Doron Nadivi, VP of Business Development of Pruvo
Doron, how does this work - that you manage to lower the prices and the other companies oppose?
Good afternoon Guillermo. In order to understand how this is possible, its important to know 2 statistics.
The 1st statistic says that from the moment of booking a hotel, until the moment you check-in
There is a 40% probability that there will be a price drop.
But the most incredible part is that this price drop can reach up to 67% off the total reservation amount.
It doesn´t matter how much time and effort you put into searching for the best deal prior to booking,
There is a big probability that the price of your reservation will drop.
All the booking platforms that your viewers usually use, are very good at providing you
with the best price available UP TO the moment of booking.
Pruvo is basically like the "Robin Hood" of the hotel industry
Pruvo is a free online service that automatically tracks price drops to existing reservations 24/7
And when we detect that your EXACT same room at the EXACT same hote for the EXACT same dates
is cheaper on a different site, we will notify you and direct you to that website
actually, the customer is the one who makes the changes to the reservation, not us.
The customer makes a new, cheaper reservation, & proceeds to cancel the original, more expensive reservation
Doron, I have a question. Next week, I am going to Miami from Sunday night to Saturday
I made a reservation for this whole week. But I paid 1 night upfront as a deposit fee,
What happens if I discover that the room costs less and I want to cancel this reservation?
Great question. Take into consideration that Pruvo only processes free cancellation reservations.
80% of the reservations offer this option.
Now, let's say you paid upfront for a hotel with free cancellation option,
& you cancel your reservation after we find you a better price, you will be automatically reimbursed for the total amount of the original booking
Ok, so to understand better, let's say that I made the reservation for Miami for next week.
My reservation has the free cancellation option. I paid $260 per night, I mean, CNN paid, not me.
$260 per night, and I send you an email or I contact Pruvo, and then what happens
with that same hotel room, for the same dates and this same destination?
Ok, so the process is as follows. You booked a hotel and received an email confirmation for this reservation.
This same email in its original format you forward to ahorro@pruvo.net / save@pruvo.net
Using algorithms, Pruvo begins to scan hundreds of websites
and if we detect the exact same room in the exact same hotel, for the exact same dates at a cheaper price
we send you an email saying, "Guillermo, we found you an offer for $200 a night instead of $260 a night.
To obtain this price, you need to go to "xyz" website and reserve with the following indications.
So let´s say, for example, you made a reservation directly with the hotel, you send us your reservation confirmation
and let´s say, for example, we found you a better price on Travelocity
We direct you to Travelocity, you make a new reservation with Travelocity with the instructions we provide you
& after you make a new reservation, you cancel the original, more expensive booking you made directly with the hotel
Ok, so the email is ahorro@pruvo.net / save@pruvo.net
One last question, i have a thousand questions, but since we are out of time, I will ask only one.
The email that you send us with the information of the better deal has a link, or is it information I need to insert in the website?
We send you a link.
A link..so that means that the better price you sent is guaranteed not to change?
Price fluctuation is a very volatile issue. That is why we recommend to rebook
AS SOON as you receive the email notifying you of a better price. Prices can change due to offer & demand.
It is important to mention that our service is 100% FREE.
Ah, excellent. So write it down: ahorro@pruvo.net / save@pruvo.net. Excellent!
Thanks to artificial intelligence. Doron Nadivi, thank you for your time and for this innovation. Good luck.
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