Resetting the 'BAR' (best available rates): Denver startup targets travelers drawn to rewards and low rates.

AuthorSukin, Gigi
PositionTRAVEL

BEFORE EXPEDIA, PRICELINE AND KAYAK, travel coordination I required separated airline, hotel and car rental phone call, or a pre-trip trip to the travel agent to ensure a smooth journey from takeoff to landing. But with the rise of online travel tools and reviews, what will be the next big thing in the booking world to improve the ease, accessibility and cost-effectiveness for business and leisure travelers?

Elia Wallen likes to think ii will be Hotel Engine.

Following up on the success of Travelers Haven, his temporary housing venture started in Florida in 2006 and moved to Denver in 2008. Wallen's latest project has him building a new booking experience, cutting out the middleman and giving vacationers a new smart, social and cheap-as-possible experience.

Set to launch the spinoff this November, Hotel Engine asks its members to sign into a lock-and-key network and then secures exclusive hotel rates.

"The difference between us and something like KAYAK is that all those sites have roughly the same rates. Hotels do not allow public-facing travel agencies to list hotels below BAR (best available rates)." Wallen said of the $19 billion online hotel reservation industry. "But if you can make the prices private with a required login, you can get exclusive member rates and take up to 25 percent off what you're finding on other sites. This brings hotel booking up to speed with the 21st century."

According to the 30-year-old serial entrepreneur, "reward-hungry and rate-crazy people" who sign onto Hotel Engine can receive:

* BETWEEN 2 PERCENT AND 6 PERCENT REWARDS BACK ON EVERY BOOKING

* ACCESS TO EXCLUSIVE RATES

* CALENDAR INTEGRATION

* AUTOMATIC TRIP-SHARING WITH SOCIAL CONTACTS

He said the hotel component of travel offers the most potential business benefit.

"If I had to pick any piece I wanted to be a part of...

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