Hotel Online  Special Report


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EliteMeetings.com Goes Commission-Free
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SANTA BARBARA, Calif., January 2009 — EliteMeetings.com has adopted an innovative policy that will benefit both hoteliers and planners during these economically challenging times. Effective immediately, all RFPs submitted through EliteMeetings.com will enjoy a "net rates guarantee." That means that planners who use the EliteMeetings.com online RFP system will enjoy rates with no commissions, nor any hidden fees or padded costs to offset the 10% commission that other companies may charge. 

"We recognize that both planners and hoteliers need as much economic stimulus as possible," says CEO Kelly Foy. "We're fortunate to be in a position to forgo commissions in lieu of other revenue options, and think this will create a true win-win scenario for both sides."

Foy likens his revenue structure to Google's business model, where the resource is free to all business users. Like Google, the Web site’s revenue stream comes from marketing partnerships and sponsorships from those who desire increased exposure, and by extension, increased bookings. 

"Everything we do is about building relationships—stepping out of the way and allowing hoteliers and planners to forge partnerships with each other," Foy comments. "We just felt this was the perfect time to break down any lingering barriers that may have hindered Web site use in the past." 

The commission-free structure applies to any planner who uses the RFP system on their own. The great news for third-party planners is that they can use the system and still be able to collect their commissions as usual. 

ABOUT ELITE MEETINGS INTERNATIONAL
Elite Meetings International is based in Santa Barbara, California, and connects top meeting and incentive planners with a hand-selected, independently evaluated group of upscale hotels and resorts throughout North America via their semiannual publication, Elite Meetings magazine, and semiannual event, the Elite Meetings Alliance. Additionally, the company’s Web site serves as a commission-free RFP-generating tool and a comprehensive vehicle for sourcing luxury properties. For additional information, please visit www.EliteMeetings.com or call 805.730.1000. 


 
Contact:

  Elite Meetings International, Inc.
  Christine Lai
  805.730.1000
  clai@elitemeetings.com
www.EliteMeetings.com
 

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Also See: Elite Meetings International Releases List of Five Top Renovated Resorts / September 2008
Elite Meetings International Announces Magazine Distribution Agreement with Hudson News at Major US Airports; Elite Meetings magazine to arrive on newsstands July 1 / June 2008
Elite Meetings International, Inc. debuts EliteMeetings.com version 2.0; New site release packs powerful, time-saving tools for planners to search, locate, and negotiate directly with luxury hotels / June 2008
Group Business, Education, and Networking Headline the Spring 2008 Elite Meetings Alliance; Top hoteliers and meetings planners succeed in booking group business at the Elite Meetings Alliance hosted by Elite Meetings International / April 2008
Elite Meetings International Announces the Acquisition of EliteMeetings.com; The purchase allows company to move forward on its long term vision / January 2008
EliteMeetings.net Takes Bronze in the 51st Annual Adrian Awards; Official Award Presentation by HSMAI to be January 28, 2008 at New York City's Marriott Marquis / December 2007
EliteMeetings.net to Launch First-Ever Online Community for the Luxury Meetings Market / November 2007
Elite Meetings International Welcomes Brad Pirman as CIO / October 2007
Group Business, Education and Networking Highlight the Fall 2007 Elite Meetings Alliance; Powerful Combination Delivers Successful Outcome / September 2007
Elite Meetings International Welcomes Susan Campbell to Top Editorial Post / August 2007
Elite Meetings International Opens Latin America & Caribbean Offices; Mauricio Aceves, Caroline Musy, and Renata Villa appointed to management team / July 2007
Elite Meetings International Announces Capital Investment from Jones Equity Partners; Company receives initial $2 million investment, backed by $5 million in revolving credit / July 2007
ELITE MEETINGS International Welcomes Thérèse Hilton as the Newest Member of the Team; The company states this is the first of many key hires in anticipation of exponential growth in 2007 and 2008 / June 2007
Elite Meetings International Launches New Magazine Showcasing North America's Top Hotels and Resorts for Meetings; Elite Meetings magazine, along with the newly launched Web site, are the ultimate resources for meeting and incentive planners / April 2007
Elite Meetings International Launches First-of-its-kind Website, Setting a New Standard for Meeting and Event Planning; Extensive database of North America's top resorts and hotels establishes a one-stop-shop for planning professionals / April 2007
Sundance Prepares for the Elite Meetings Alliance; Event unites top meeting and incentive planners with hotels and resorts for a one of a kind face-to-face business meeting experience / February 2007
Luxury Hoteliers and Corporate Planners Rave About the ELITE MEETINGS ALLIANCE; Next Alliance, Scheduled for March 19-21, 2007, at Utah's Sundance Resort / October 2006
Top-tier Incentive/meeting Planners and Hospitality Executives Join Elite Meetings Advisory Board; Magazine Featuring Best Properties to Launch in 2007 / October 2006
Top-tier Incentive/meeting Planners and Hospitality Executives Join Elite Meetings Advisory Board, Magazine to Launch in 2007 / September 2006
Top Corporate Meeting and Incentive Planner, Luxury Hotelier Gathering in September Has a Few Remaining Openings / August 2006
Hoteliers and Corporate Planners Give High Marks to Inaugural Elite Meetings Alliance; Next Alliance scheduled for September 10-12, 2006, at The Club at Hammock Beach in Florida / May 2006
Hoteliers and Corporate Planners Give High Marks to Inaugural Elite Meetings Alliance; Next Alliance scheduled for September 10-12, 2006, at The Club at Hammock Beach in Florida / May 2006

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