Industry:
Energy
Scope:
Global
Saving an average $345 US dollars per trip using Price Tracking
The challenge
Shell Oil Company, the U.S. division of the global energy company, Royal Dutch Shell, knew that there was an opportunity to identify significant savings on fluctuating airfares. But, it couldn't find the right technology to monitor the fast-changing fares.
The solution
Enter Price Tracking. Working with CWT and its central fulfilment team, Shell was quickly able to implement a post-ticketing solution. Price Tracking started by looking at airfares purchased in the US - including non-penalty tickets and tickets still in the void window. It then tracked hotel rates in the US, before expanding to key markets including the Netherlands, Germany, Australia, Singapore, Canada and the United Kingdom.
The result
Since inception, Shell has realized savings of 1.05% of US air spend and 1.77% of US hotel spend. Their average saving is $231 per air rebooking and $114 per hotel rebooking – resulting in a possible per trip average saving of $345. CWT's solutions have also helped to reinforce advanced booking behavior endorsed by our customer.
With the success of the initiative, Shell has started rolling out our solutions to multiple other countries as they become available, enabling even more company-wide money saving opportunities.
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