It is great to understand the On-Line business model discussed in another section of this website, but what does any of that have to do with Revenue Recovery Specialists and your unclaimed Money? Only this. In this process of the phenomenal growth in Online Travel Agencies, hotels were more than anxious to fill their unused rooms or "excess inventory" by contracting with as many Online Travel Agencies as possible. Hotels signed Online Travel Agency (OTA) agreements that contain long forgotten stipulations. These stipulations have resulted in many hotels and resorts losing a considerable amount of money that rightfully belongs to the hotel, without even realizing it. One of those stipulations contains words to the effect that state:

“Unless the individual hotel representative transfers the reservation and financial information from the Online Travel Agency account to the property management system, the money remains in the Online Travel Agency (OTA) account. If after a certain time period (Usually 365 days, 180 days with some brands) the OTA has the right to keep this unclaimed money!” The amount is in millions of dollars systemwide!

Sadly, every year thousands of hotels lose millions of dollars as the money quietly rolls over into the Online Travel Agency account, lost forever to the owners and managers of the property ….……….. and they don’t even know it. Revenue Recovery Specialists has created a system that allows us to identify and facilitate this recovery directly with the individual hotels.    

If this sounds too good to be true or even if you don’t believe us, you still need to talk to us. You can’t afford not to. If you would like to have a no obligation discussion with us, we would love to explain your possibilities. Please contact us at 407-915-3700 or sales at 407-284-0900. You can even email us at larry@contactrrs.com.