Full-Time

Director – Hotel Partnerships

Confirmed live in the last 24 hours

TripArc

TripArc

51-200 employees

Digital platform for luxury travel booking

Consumer Software
Consumer Goods

Senior, Expert

Toronto, ON, Canada

Category
Procurement & Sourcing
Operations & Logistics
Required Skills
PowerPoint/Keynote/Slides
Requirements
  • Minimum of 7+ years commercial experience negotiating hotel and/or hotel connectivity contracts on a global basis in a complex, multi-stakeholder company.
  • Domain expertise of hotel content, with understanding of various hotel distribution contracts – including net rates, fenced rates, and commissionable rates.
  • Proven track record of stakeholder engagement within the global travel industry.
  • Advanced negotiation skills with a focus on vendor engagement and contract management.
  • Strong analytical skills and ability to synthesize large amounts of information for executive-level decision making.
  • Excellent business judgment and strategic thinking skills.
  • Highly effective project management, prioritization, multi-tasking, and time management skills to meet deadlines and manage a large volume of work in a fast paced, dynamic, high-performance environment.
  • Proven business acumen with a systematic, mathematical, analytical approach to problem solving, negotiation and analysis.
  • Advanced written and verbal communication skills, including presentation skills and an ability to communicate at all levels, both internally and externally with polish and professionalism.
  • Advanced Excel Spreadsheet skills and proficient with PowerPoint, and Word.
  • Demonstrated experience leading and building teams.
Responsibilities
  • Lead global negotiations for hotel connectivity contracts and chainwide hotel participation in the TripArc booking platform maintain comprehensive contract records.
  • Regularly review and renegotiate existing contracts to optimize profitability, while also evaluating rates and services to mitigate supply risks.
  • Achieve annual revenue targets through strategic negotiations and renewals with key hotel connectivity and supply partners.
  • Cultivate and nurture relationships with suppliers to ensure sustained engagement and optimal revenue structures.
  • Oversee service level agreements and contract terms with partners, including market assessment, selection, and contracting.
  • Develop and standardize an efficient onboarding process for new partners, ensuring adherence to brand standards.
  • Conduct business reviews with partners to drive continuous improvement and strategic alignment.
  • Collaborate with internal stakeholders to optimize distribution of supplier contracts and achieve shared objectives.
  • Support cross-departmental initiatives and provide strategic analytics on partner performance, forecasting, and opportunities.

TripArc operates in the luxury travel market by providing digital platforms that simplify the booking process for travel agencies and tour operators. Its main offerings, ADX and TMT, connect these agencies with a variety of travel services, including flights, cruises, hotels, and tours, ensuring competitive pricing and exclusive deals. The platforms utilize advanced technology to enhance the user experience, making bookings more efficient. TripArc differentiates itself from competitors by negotiating direct net rate contracts and commissionable rates with travel service providers, allowing it to offer better pricing and added amenities to its partners. The company's goal is to streamline the luxury travel booking process, unlocking more value for travel brands and their affluent clients.

Company Stage

N/A

Total Funding

N/A

Headquarters

Toronto, Canada

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • TripArc's established network of thousands of advisors and over $1 billion in transactions underscores its market influence and growth potential.
  • The company's ability to negotiate better pricing and additional amenities can lead to higher client satisfaction and retention.
  • Revenue generation through platform fees and commissions ensures a diversified income stream, bolstering financial stability.

What critics are saying

  • The luxury travel market is highly competitive, requiring continuous innovation to maintain a competitive edge.
  • Dependence on high-net-worth clients makes TripArc vulnerable to economic downturns that affect discretionary spending.

What makes TripArc unique

  • TripArc's focus on luxury travel and high-net-worth clients sets it apart from competitors who target broader markets.
  • The ADX and TMT platforms offer exclusive deals and competitive pricing through direct net rate contracts, providing a unique value proposition.
  • Advanced technology integration streamlines the booking process, enhancing efficiency and user experience for travel agencies and tour operators.

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