We started working with x·quic in early 2023 and since then they have saved the Watergate Hotel over $100k through finding overcharged OTA commissions and uncollected virtual cards. Their advanced, AI-powered reconciliation technology is able to find every instance of overcharging by OTAs. Jay Nelliot, Watergate’s CFO, noted that “Unfortunately, we are seeing a lot of fraudulent reservations and xquic makes sure that we don’t pay the OTAs any commissions on these reservations. They really have our back.”
