#USA #Portsmouth #Presto #EventPipe #Hotel Booking

EventPipe Introduces Presto: A Game-Changer for Event Hotel Bookings

In an exciting development for event planners and housing companies, EventPipe has launched its newest platform, Presto, designed to streamline the hotel booking process for events. This innovative solution provides access to live hotel inventory, enabling better control and maximizing revenue opportunities for organizers.

During its beta testing phase, Presto successfully garnered over $1 million in bookings, a testament to its effectiveness and the demand for such a service. This platform is engineered for flexibility, allowing planners to tap into incremental bookings without the hassle of traditional hotel contracts.

Features and Benefits of Presto

Post-Block Bookings

Event planners often face challenges with last-minute bookings and changing accommodations needs. Presto addresses this with its post-block capabilities, which allow users to replace contracted hotel rates with live rates immediately after reservation blocks are released. This feature can increase room night capture by a staggering 10% or more, thus providing a smoother experience for attendees. Users can make these last-minute reservations directly through event sites, eliminating the need for third-party tools and ensuring that all reservation data is integrated into event reporting. Additionally, EventPipe's partnership with Expedia guarantees access to some of the best available hotel rates.

Standalone Booking Sites

One of Presto's standout features is its ability to create standalone booking sites without requiring hotel blocks. This is particularly beneficial for events where contracted hotel accommodations aren't feasible, such as collegiate athletics, esports tournaments, and community festivals. With just a few clicks—answering some simple questions and adding a logo—planners can launch a custom-branded booking site. This rapid deployment offers not just quick access to live inventory but also a streamlined user experience.

Enhanced Revenue Opportunities

Presto also unlocks potential revenue streams through commission-based earnings from live hotel bookings. The platform enables users to set configurable fees and generate additional income from reservations made through their sites. All of this is available with no customer service effort required; Expedia manages the reservations, allowing organizers to focus solely on their events.

Moreover, the embedded reporting features enable users to monitor all reservation data in one consolidated view, ensuring compliance with stay-to-play requirements even after group inventory has been exhausted.

Insights from Leadership

Tim Brown, CEO of EventPipe, expresses enthusiasm about Presto's capabilities.

“With Presto, organizers can quickly launch customized hotel booking sites for both standalone events and post-block bookings while securing discounted rates and capturing more revenue. This gives them complete control over the housing process.”

Conclusion

EventPipe's Presto platform represents a significant advancement in the event hotel booking landscape. By removing traditional barriers and enhancing flexibility and control, it empowers event organizers to improve their operational efficiency and revenue potential. As the event industry continues to evolve, solutions like Presto that embrace technology and respond to contemporary challenges will play a vital role in shaping the future of event management.

About EventPipe

EventPipe is a pioneering cloud software company committed to revolutionizing event hotel block management. Serving event producers, travel management firms, and convention bureaus, it offers a comprehensive suite of tools to navigate the entire lifecycle of event hotel bookings, from RFP creation to event reconciliation. For more information, visit EventPipe's website.