ReadyBid Honored with 2026 International Travel Innovation Award for Transforming Corporate Hotel Procurement

2026-02-10 08:06:57 Business

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San Diego, CA, 22 January 2026: ReadyBid, the global pioneer in hotel RFP and hotel sourcing technology, has received the 2026 International Travel Innovation Award for its outstanding contribution to modernizing corporate hotel procurement and setting new global standards for automation, transparency, and sustainability.

The award, presented by the Global Travel Technology Forum, recognizes ReadyBid’s continued commitment to advancing business travel management through AI-powered sourcing, predictive analytics, and responsible innovation. The company’s achievements across automation, ESG integration, and predictive sourcing have earned it recognition as one of the most influential technology platforms in the global travel ecosystem.

Joseph Friedmann, President & CEO of ReadyBid, said, “Innovation is meaningful only when it creates measurable change. This award reflects ReadyBid’s dedication to transforming how corporations manage hotel procurement - with intelligence, integrity, and impact.”

The award highlights key innovations such as ReadyBid’s hotel RFP tool and hotel sourcing tool, which streamline the process of bidding on hotels and managing supplier negotiations. These tools integrate AI forecasting, rate governance, and sustainability scoring, allowing procurement teams to make informed, ethical, and efficient sourcing decisions.

Judges praised ReadyBid’s Quantum Forecasting Engine and AI Audit Automation Suite as groundbreaking technologies that combine intelligence with accountability. The panel noted that ReadyBid’s solutions redefine procurement by eliminating manual errors, reducing cycle times, and embedding ESG transparency into every step of the hotel sourcing process.

In 2025, enterprises using ReadyBid’s platform achieved remarkable results, including a 45% reduction in sourcing time and a 30% improvement in rate governance. Corporations also leveraged ReadyBid’s Smart Sustainability Index to integrate environmental metrics into supplier scoring, ensuring that procurement decisions supported broader organizational ESG commitments.

Friedmann commented, “Our vision is to ensure that innovation serves business and society equally. Automation, sustainability, and trust are not separate goals - they are the foundation of modern travel procurement.”

The International Travel Innovation Award recognizes ReadyBid’s global leadership in shaping the future of procurement through responsible technology. The company continues to expand its ecosystem, forming partnerships with travel management companies, corporate travel platforms, and sustainability organizations to deliver a fully integrated hotel sourcing experience.

As 2026 unfolds, ReadyBid remains focused on advancing predictive sourcing intelligence, sustainability analytics, and compliance automation - empowering corporations to transform hotel procurement into a strategic, data-driven advantage.

About ReadyBid

ReadyBid is a San Diego-based global technology innovator specializing in hotel RFP, hotel sourcing, and hotel procurement automation. Its intelligent cloud platform enables enterprises and travel management companies to streamline sourcing, optimize hotel bidding, and achieve transparency across global business travel management operations.

For more information, visit https://rfp.readybid.net or contact support@readybid.net.