Hyatt Hotels First Hotel Company To Launch E-FOLIO Alternative For Business Travelers Chainwide

Hyatt Hotels Corporation will now be the only hotel company offering E-Folio to its corporate travelers chainwide. E-Folio allows business travelers from participating companies to have their hotel expenses captured and submitted to their employer on-line, immediately following checkout - resulting in paperless expense reporting. All 122 Hyatt hotels and resorts in the U.S., Canada and the Caribbean will participate in this initiative.

This technology advancement offers benefits to both the corporate travel manager, as well as the business traveler. Because E-Folio establishes a somewhat exclusive relationship between the company and Hyatt hotels nationwide, this gives corporate travel managers the most advanced tool to control travel and entertainment expenses. In addition, it becomes advantageous for the traveler to stay at Hyatt for immediate expense account reimbursement.

“This process will provide companies with significant time and cost savings and will be an important service for corporations focusing on their bottom line,” said Ty Helms, vice president of sales, Hyatt Hotels Corporation. “E-Folio is a tool - quickly becoming a prerequisite for corporate travel managers - utilizing cutting edge technology to meet the demands of business travelers and their employers.”
An additional feature is the extensive reporting capabilities for the corporate travel manager to truly manage their Hyatt expenditures.
The E-Folio concept has been successfully beta tested since February with all Hyatt properties and will be available by the end of the summer to all qualifying companies conducting business travel with Hyatt hotels.

In addition to the roll out of E-Folio, Hyatt has always been conscious to the needs of the business traveler. Hyatt introduced the Business Plan in1994 to ensure high productivity levels for today`s road warrior. The program includes waived access charges on local, 800 and credit card phone calls; two-line phones and/or dataports in each room; large work desks with enhanced lighting; complimentary continental breakfast and an all-in-one printer/copier/fax machine in every room. Hyatt Business Plan also features 24-hour access to business equipment in a separate room on the Business Plan floor.