5 IHG Commission Tips
Understanding IHG Commission Structure
InterContinental Hotels Group (IHG) is one of the largest hotel companies in the world, with a diverse portfolio of brands including InterContinental, Kimpton, Holiday Inn, and many more. For travel agents and booking platforms, understanding the IHG commission structure is crucial for maximizing earnings. In this article, we’ll delve into the world of IHG commissions, exploring tips and strategies to help you get the most out of your bookings.
Tip 1: Know Your Rates
To start earning commissions with IHG, it’s essential to understand the different types of rates available. IHG offers various rate plans, including BAR (Best Available Rate), Corporate Rates, and IBR (IHG Best Rate). Each rate type comes with its own commission structure, so it’s crucial to familiarize yourself with these rates to ensure you’re earning the highest possible commission. For instance, BAR rates typically offer a higher commission percentage compared to corporate rates.
Tip 2: Maximize Your Earnings with IHG’s Loyalty Program
IHG’s loyalty program, IHG Rewards Club, is a powerful tool for maximizing your earnings. By encouraging your clients to join the program, you can earn additional commissions on their bookings. Moreover, IHG Rewards Club members often receive exclusive discounts and perks, making them more likely to book with IHG properties. As a travel agent or booking platform, promoting the loyalty program can lead to increased customer loyalty and higher commission earnings.
Tip 3: Utilize IHG’s Booking Platforms
IHG offers a range of booking platforms, including the IHG Website, IHG App, and GDS (Global Distribution System). Each platform has its own commission structure, so it’s essential to understand the differences. For example, bookings made through the IHG Website or IHG App may offer higher commissions compared to GDS bookings. By utilizing the right booking platform, you can optimize your commission earnings.
Tip 4: Take Advantage of IHG’s Promotions and Offers
IHG regularly runs promotions and offers that can help increase your commission earnings. These promotions may include limited-time discounts, bundle deals, or package rates. By staying up-to-date with IHG’s latest promotions, you can offer your clients exclusive deals and earn higher commissions. Additionally, promoting these offers can help drive bookings and increase customer satisfaction.
Tip 5: Monitor and Optimize Your Commission Statements
To ensure you’re earning the correct commissions, it’s essential to regularly monitor your commission statements. IHG provides detailed statements outlining your earnings, including the rate type, commission percentage, and payment details. By reviewing these statements, you can identify areas for improvement and optimize your commission earnings. Additionally, tracking your commission payments can help you detect any discrepancies or errors, allowing you to resolve issues promptly.
📝 Note: Always review IHG's commission terms and conditions to ensure you're complying with their policies and procedures.
To further illustrate the commission structure, consider the following table:
Rate Type | Commission Percentage |
---|---|
BAR (Best Available Rate) | 10% |
Corporate Rate | 8% |
IBR (IHG Best Rate) | 12% |
In summary, maximizing your IHG commission earnings requires a deep understanding of the company’s rate structure, loyalty program, booking platforms, promotions, and commission statements. By following these tips and staying up-to-date with IHG’s latest offerings, you can optimize your earnings and provide the best possible service to your clients.
What is the typical commission percentage for IHG bookings?
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The typical commission percentage for IHG bookings ranges from 8% to 12%, depending on the rate type and booking platform.
How can I increase my IHG commission earnings?
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You can increase your IHG commission earnings by promoting the IHG loyalty program, utilizing the right booking platforms, and taking advantage of IHG’s promotions and offers.
What is the difference between BAR and IBR rates?
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BAR (Best Available Rate) and IBR (IHG Best Rate) are both types of rates offered by IHG, but they have different commission structures. BAR rates typically offer a higher commission percentage compared to IBR rates.