About Us
 

TransReserve Inc., a privately held Toronto-based corporation, has developed an online and mobile BoomBID.com “global backbone” to support the next generation travel gateway and social networking tool for eight international markets - North America, Asia, Europe, Australia, South America, Central America-Caribbean, Middle East and Africa

Launching: Online and mobile app Summer 2011 (see DEMO online & mobile links)

BoomBID suite of solutions

  • Switch72h – ‘aftermarket’ booking platform saves 40%-60% when you Switch hotels
  • BoomBID - Last-Minute hotels ‘opaque’ booking engine s
  • BoomBID CONNECT – social networking club for BoomBID and Switch72h guests to connect and meet-face-to-face when staying at the same hotel
  • TOTET.com - Enterprise-oriented and social networking tools for domestic & global business and leisure travelers. Members can search who is staying at more than 100,000 world-wide hotels or post their visit at any of over 15,000 Starbucks worldwide, to connect directly via Email and SMS and arrange to meet interesting people.

i. When booked at any hotel worldwide- connect with other members
ii. Before booking hotel, check for interesting guests, then book hotel
iii.When traveling, post visit at Starbucks airports, trains stations and meet face-to face
iv. Post visit at local Starbucks cafes, malls, department stores and meet with members who have a common interest
v. Then follow-up on by inviting them to your own business and social networking circles

Switch72h - After “market booking”

TransReserve Inc., is focusing on the travel booking “after market”, the time between travel booking and arrival. Research shows that buyers often continue to check prices after they have made their purchase for confirmation that they made a good purchase decision. Switch72h.com concept targets this customer impulse, capturing customers who are willing to switch their reservations to similar, neighbouring hotels at the last minute (but outside the cancellation penalty window) for significant savings.

How it works:

A customer has booked Hotel Xavier in midtown Manhattan for $400 per night. Three days (72 hours) before arrival, the customer visits Switch72h to see what nearby comparable hotels have availability. Using the same proprietary Hotel Management System in place with BoomBID Last Minute inventory to offer a minimum 40% discount (40-60% discount off rack rates) on bookings made within 72 hours of check-in. Names of hotels and discounted rates are transparent to the customer. The customer can see that Hotel Yaris, which is comparable to Hotel Xavier and located just across the street, is available for $200 per night, which is 50% less than what he paid at Hotel Xavier. That’s an uncontested market space.

Ready to switch!

1. Using Switch72h, he selects and holds a room or suite at Hotel Yaris.
2. The reservation at Hotel Yaris is held for 30 minutes.
3. To prove he booked originally at Hotel Xavier for the same dates, he uploads his booking confirmation details he received from Hotel Xavier.
4. Switch72h’s email system verifies the Hotel Xavier itinerary.
5. Once verified, Switch72h holds the room for two hours and emails the customer the details of the reservation being held.
6. The customer then cancels his reservation at Hotel Xavier.
7. He completes the Switch72h reservation at Hotel Yaris,
8. Three days later he checks in to Hotel Yaris, thrilled that he’s saving $200 per night thanks to Switch72h.

info@boombid.com