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As corporations deploy employees, project teams, and mobile workforces across global markets, pricing for extended stay accommodations can shift rapidly due to changes in supply, demand, and local availability. These fluctuations can make it difficult for travel, procurement, and mobility teams to ensure they are receiving fair and competitive rates.
To address this challenge, 3Sixty has introduced its Marketplace Intelligence Tool, a proprietary AI-driven enhancement to its cloud-based bidding platform designed to bring greater transparency and cost control to extended stay sourcing.
When housing providers submit quotes through the 3Sixty platform, the Marketplace Intelligence Tool automatically benchmarks proposed rates against recent, localized market data, including recently won and shortlisted bids for comparable properties in the same area.
If a supplier attempts to submit a rate that is five percent or more above the true market average, the system instantly flags the anomaly before submission. The supplier receives a real-time alert encouraging pricing adjustments before finalizing the bid. This automated guardrail helps prevent inflated pricing and reduces the need for extended negotiation.
"We are not waiting for inflated rates to reach our clients. We are preventing them," said Robyn Joliat, President of 3Sixty. "AI allows us to shift cost control upstream and give our clients real-time intelligence that brings discipline and transparency to extended stay pricing."
"Extended stay pricing has traditionally been reactive," Joliat added. "We believe it should be predictive. Our Marketplace Intelligence Tool helps clients understand pricing dynamics in real time and make better sourcing decisions with greater confidence."
"The Marketplace Intelligence Tool gives us confidence in how rates are being managed across the marketplace," said Kathy Momberger, CRP, Vice President, Global Supplier Development, Graebel Companies, Inc. "The transparency 3Sixty provides allows us to clearly demonstrate how rates are benchmarked and where cost savings are being achieved for both our organization and the clients we serve."
The introduction of the Marketplace Intelligence Tool reflects 3Sixty's continued investment in bringing data, transparency, and marketplace discipline to extended stay sourcing.
The new capability builds on 3Sixty's global platform, which provides access to more than three million curated properties across 60 countries and serves over 200 Fortune 500 clients. Each property is supported by financial vetting and neighborhood safety insights, delivering confidence for procurement teams and travelers during long-term stays.
By combining AI-driven benchmarking with marketplace transparency, 3Sixty is helping corporations manage extended stay accommodations as a strategic category within modern travel programs, delivering greater cost control and market visibility.
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