Ctrip Corporate Travel Launches 'Zhaocaitong' to Upgrade Negotiated Hotel Procurement

Ctrip Corporate Travel launched 'Zhaocaitong', a one-stop intelligent procurement and management platform for corporate negotiated resources, offering corporate clients a full-chain solution covering procurement analysis, performance monitoring and data review. The platform has five core modules: intelligent hotel recommendations, precise procurement, online contracting, performance monitoring and insight analysis. Data from Ctrip Corporate Travel's travel report platform shows companies can save about 19% of travel costs on average by signing tripartite negotiated rates; companies can select hotels to sign negotiated rates based on their needs, with potential cost optimisation of 10%-25%.…