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Fare Matching
Fare Matching - Policy & Procedures
Monash University's agreement
with HRG
and Voyager is that they will endeavour to match or beat any available
international airfare from another travel agency. In this circumstance,
an available fare means that -
- The fare being matched has to be for a confirmed
itinerary - not just a quotation. In this regard, a seat must be
bookable on the nominated flight.
- The airfare
must be bookable via the GDS (Global Distribution System that
travel agencies use to access airline inventory). This means that
a seat has to be available on the same flight. This precludes matching,
in most cases, to Internet-based, international fares.
- Fare matching only applies to business related travel
and does not apply to any leisure related travel booked through HRG's
leisure travel service.
Policy
HRG and Voyager are the University's
contracted travel managers and, as such, they must be given an opportunity
to service our needs in most circumstances. The University has a
contract with HRG
and Voyager to match or better fares wherever possible and, as the
contracted provider, they must be given the final opportunity
to match or beat a fare. If they do match or beat a
fare then the staff member is obliged to accept that and complete
the booking with HRG
and Voyager.
In this regard HRG and Voyager will endeavour
to match or better a competitor's fare as per the conditions
listed above with the following exceptions:
- HRG
and Voyager will not match international, Internet-based
airfares (see reasons below
why the University discourages the purchasing of international fares
on the Internet ).
- HRG and
Voyager cannot match the VFR (Visiting
Family & Relatives) fares - sometimes called "ethnic"
fares which are specials occasionally released to some ethnic-based
agencies and available to those agencies only.
-
HRG
and Voyager cannot match Student
fares. These are specially discounted fares only available to students
and not accessible to HRG
and Voyager.
Procedure
Information required
Before asking HRG and Voyager to match
a fare you should first source the following
from another agency -
- Ensure you
have a Confirmed Itinerary - not just
a quotation. This ensures that a seat was available at time of booking.
- Ensure that the costing includes the Base
Airfare.
- Ensure that all Taxes
(and GST, if applicable) are itemised separately.
- Submit
your request early. The later it is to your departure date, the less
likely you are to get a lower priced seat.
Forwarding your request to HRG or Voyager
- Forward details of
your request as in 1, 2 & 3 above and any other trip options
that can be accommodated.
Please submit your details
to HRG
or Voyager within 24 hours of getting the alternate itinerary
. This provides them with an equal opportunity to source
the same, available discount fares. Naturally, the cheaper fares
are used up first and availability diminishes over time, so time
is of essence.
- Provide your contact details
(phone and email).
- Forward (by fax
or scanned copy via email) to HRG and Voyager.
Decision on fare matching
- HRG and Voyager will then
endeavour to match or better the fare or even provide a more logical
and cheaper alternative with regard to your flexibility.
- If HRG
and Voyager match or better the fare then
you are required to complete the booking with them.
- If HRG
and Voyager cannot match the fare then
they will inform the Travel Advisory Office who can then provide
permission for the airfare to be booked with the other agency.
Supporting reasons for requiring that travel
is booked by our nominated TMCs
Why you should book your travel through HRG
or Voyager
There are a number of reasons why
the University requires that travel is booked via a preferred travel
manager (HRG
and Voyager). These are -
-
HRG
and Voyager provide a direct, automatic feed of travel data from
their GDS
system to
Flightlock - the system that is used to track Monash
travellers. There is no other means of entering data into Flightlock.
- Monash has an agreement with HRG and
Voyager to return set travel commissions to the traveller at point-of-sale.
This should return a better price in most instances.
- The University has a substantial deal with Qantas via
the National Universities Agreement to provide heavily discounted
fares (up to 30%). These Qantas discounts are only available through
our nominated TMC
which is either HRG
and Voyager.
- When bookings are made via
HRG
and Voyager we can capture, measure, report and consolidate travel
expenditure. This data is important to further negotiation and maintenance
of discount deals with Qantas and other major carriers. If you book
outside of HRG
and Voyager this information is not captured.
Why are there so many different fares available
in the travel industry?
The travel industry is complex. In
particular, airfares are difficult to classify, variable by day/hour
and very dependent on the yield management strategies of an airline
carrier used to maximise the financial return from a particular flight.
In this regard, a carrier might release blocks of seats at varying
prices - some at standard business class and economy class and other
in cheaper, discounted categories. As the flight books up, the availability
of cheaper priced seats can fluctuate both up and down.
In addition, the travel industry is one that also operates
very much on relatively low margins where incentives, commissions,
rebates and over-rides can also affect the price of an airline ticket.
Obviously, therefore, the price of ticket can vary considerably with
time and choice of travel agency.
Often there
is multiple options available when planning a trip and getting from
A to B to C etc. It is reported that there are over 40 different
fare type to get from Melbourne to London - these are available on
different carriers, by different routes, at different times, with
different flexibility and varying stop-over options. The challenge
for the travel consultant is to meet your individual needs and do
this at the lowest logical cost. Sometimes flexibility
and convenience can be more important than price.
Best fare of the day or lowest logical fare?
An experience travel consultant should
be able to search out, using their TMCs systems, the Best
Fare of the Day (BFOTD). However, this may not be the
most convenient itinerary to suit your needs and a common term, often
used in the travel industry, is the Lowest Logical Fare
of the Day(LLFOTD).
Given the need
for traveller comfort and convenience the LLFOTD is the most appropriate
as this will take into account the following conditions that affect
the overall trip experience -
- Is
the trip on a carrier that you prefer and trust?
- Does
the trip start and end at the most convenient times to meet your
needs?
- Is the overall flight time excessive
and is there a shorter trip time available?
- Are
there long stop-overs en route? Is this a hassle or a desirable break
on a long trip?
- Is the ticket flexible? If
you want to cancel or change your trip can this be done without serious
financial penalty?
The choice of
fare is therefore dependent on you providing the consultant with
the information that enables them to book the most logical and best
priced itinerary for you. Therefore, providing as much detail, up-front
when booking is the best way to ensure your needs are met. It also
highlights the value, particularly for more complex international
itineraries, of an experienced travel consultant working - often
over the phone - with you.
Why does the University discourages booking
international air fares via the Internet?
The advent of the Internet has very
much changed the travel industry and the booking of air travel via
the Internet is common place these day. This provides the traveller
with instant information that will enable them to best tailor their
trip. Why, therefore, does the University discourage the booking
of international air fares via the Internet? The reasons are -
- Internet fares are instant purchase.
- Internet fares are often non-refundable, non-changeable
and, if they can be changed, often expensive to change.
- You do not get travel advice on the need for visas and
travel permits when you book via the Internet. If these are not in
order at time of departure you may be barred from travelling.
- The University cannot capture critical traveller information
that is sent to
Flightlock via a TMC -based booking.
What about booking domestic trips on the Internet?
The above reasons for discouraging
the booking of international Internet fares are less critical when
applied to domestic trips and most experienced travellers are aware
of the terms, conditions and flexibility of domestic trips booked
direct on the Internet. Why therefore should you book your domestic
trip via HRG
? There are a number of advantages -
-
HRG
and Voyager have a Self-Booking Tools (SBT) called
ResX and Serko,
respectively that are more convenient than a direct
connect to a carrier-specific Internet site.
- ResX
and Serko are Internet-based tools
that provides details on all three major domestic carriers (Qantas,
JetStar and Virgin Blue) in the one screen dependent on the time
parameters entered before the search.
- ResX
and Serko provide Internet fares as
well as the special fares available to Monash from Qantas under the
National Universities Agreement (up to 30% discount on the more flexible
fares). These discounts are not available in a direct connect to
Qantas's website.
- ResX
and Serko automatically and securely
transfer traveller profile data to the booking without the chore
of having to manually enter personal and credit card details - this
speeds up the process.
- ResX
and Serko allow you to also book hotels
and hire vehicles from the same system in the same session. This
speeds up the time taken to book your whole trip, end-to-end!
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