openPR Logo
Press release

RateTiger adds enhanced intelligence reporting

10-18-2011 09:13 AM CET | IT, New Media & Software

Press release from: eRevMax International

London, 17 October, 2011: RateTiger has released RTSuite Version 2.8 featuring a greatly enhanced Reservation Report and the integration of its award-winning innovation – StrategyEngine, into its comprehensive full service channel management product. The combination of Reservation Reporting, Strategy Engine, Channel Management and Shopping will make RTSuite a complete control center giving hotels utmost visibility of each sales channel performance.
With the fast paced growth of online bookings, hoteliers need to have direct access to enhanced reservation data at the time bookings are made by guests. This will allow for the optimization of inventory distribution and yielding. The meteoric rise of social media, mobile technology, flash sales sites and the shortening booking window, has made it essential that hoteliers are aware of reservations when they occur from each connected channel in order to react with immediate price or inventory adjustments.

Reservation Report provides a multitude of different views on bookings to ensure analyzing trends becomes simple. With interfaces to the various RateTiger modules as well as external systems like PMS or CRS the process of inventory, rate composition and rate update can be fully automated removing human error and time commitment.

Further the StrategyEngine integration into RTSuite aims at helping hoteliers better optimise room rates with fully automated rate calculation based on chosen advanced pricing or positioning strategies and competitors’ rates.

“In today’s cut-throat competition, it is essential that hoteliers have all possible intelligence on hand to make immediate decisions and respond to market requirements. Reservation Report assists hoteliers take quick action while the data can also be used for statistical analysis for future strategy planning to further improve occupancy and revenues,” said Keith Povah, Division President – RTSuite, RateTiger.

These new subscription based features aim at helping hoteliers manage inventory and strategy simultaneously through a synchronized platform thereby saving considerable time and effort.

For existing RateTiger customers subscribed to Extranet Report, Reservation Report will be a free of charge automatic update.

About RateTiger:
RateTiger is a premium rate shopping and channel management solutions provider, a thought leader in online sales and revenue management. RateTiger's Product Suite, security certified under ISO 27001:2005, empowers and enables the travel and hospitality industry to compare rates with competitors on a real-time basis and update a wide variety of distribution channels and travel portals easily and efficiently with the largest online channel management network (750+) and XML connections (150+) available.
For more information please visit http://www.ratetiger.com.

eRevMax - RateTiger
Monmouth House, 40 Artillery Lane
3rd Floor, London E1 7LS
United Kingdom

Ryan Haynes, VP - Marketing
Tel: +44 (0) 7825 66 15 75
Email: ryanh@ratetiger.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release RateTiger adds enhanced intelligence reporting here

News-ID: 196552 • Views: 1172

More Releases from eRevMax International

Arabian Courtyard Hotel & Spa drives 50% of total sales from online channels wit …
An Arabian heritage themed hotel located in the heart of Bur Dubai, Arabian Courtyard Hotel & Spa has been leading the online space with excellent online sales management. The hotel has been using RateTiger Channel Manager for the last few years to update rates and inventory in real-time and implement distribution and pricing strategies effectively leading to growth in share of online sales. Farhan Zafar, Associate Director of Sales at Arabian
ByHours certifies with eRevMax for 2-way integration
Leading hotel technology provider eRevMax has completed 2-way XML integration with ByHours, a new room optimizing platform for hotels to generate complementary revenue. This is the latest addition to the eRevMax Channel Ecosystem that connects hotels to over 300 online channels providing them with multiple distribution options. Accommodation providers, using RateTiger, RTConnect and LIVE OS distribution solutions will now be able to optimize their RevPAR (Revenue per Available Room) by making
Luxury Cyprus hotel boosts online revenue with eRevMax
Cyprus based luxury property, the Rise Hotel, has selected eRevMax for improving online bookings and exposure. The hotel has been using LIVE OS, the innovative new hospitality platform as a way to centralize call to actions from multiple providers to improve business efficiency. Located in the heart of Larnaca, the Rise Hotel is popular luxury destination offering 42 rooms and 6 suites. The team uses various services within LIVE OS
TrustYou partners with eRevMax for LIVE OS
Leading guest feedback platform TrustYou has partnered with travel technology expert eRevMax to provide extensive guest feedback data to hotels. Hotels will be able to access guest reviews and ratings collated by TrustYou, directly on the LIVE OS platform for informed decision making and take actions to improve their ratings. LIVE OS by eRevMax is a unique hospitality operating system that integrates with any service provider requested by the hotels to

All 101 Releases


More Releases for RateTiger

eRevMax – RateTiger Marks Its 10th Anniversary
A decade of excellence, technology leadership and business success London, September 6, 2011: eRevMax International, global software and services provider and owner of RateTiger, SimpleDistribution and Lunar Logic Polska, today celebrates its tenth corporate anniversary. The company has specialised in revenue and distribution solutions for the hospitality industry for a decade, having launched one of the very first electronic, online and hotel website room rate shopping services in early 2002. The
RateTiger Launches Hotel Content Management Tool
London: RateTiger has launched its latest hotel product RTSuite Content, a convenient solution to centrally manage, upload and distribute marketing content across multiple booking channels. RTSuite Content will act as a live content data bank that allows hoteliers to manage and update hotel descriptions, room type details, services, contact details and locality information. Once updated, connected travel websites will be automatically updated, thus removing cumbersome multi-channel manual updates. With consumers
Hoteles Silken Selects RateTiger for Channel Management
Madrid, Spain, 21 January 2011: Hoteles Silken has selected RateTiger's RTCorp and RTConnect products to help manage its group wide online sales channels. The hotel chain is introducing a new sales strategy to enhance positioning against other international hotel brands. Each property can now process competitive rate shopping, manage multiple online sales channels and distribution strategies, enhance OTA exposure and retrieve business intelligence and reservation data on-demand across its portfolio.
eRevMax Launches RateTiger Academy
eRevMax and XOTELS partner to develop knowledge for hoteliers in changing markets London, 22 March 2010 - eRevMax, hotel revenue management expert, and XOTELS, hotel management consultants, have partnered to offer a series of seminars and educational courses. RateTiger Academy will help hoteliers gain better control over travel channels in changing markets including pricing techniques, revenue management, competitor strategies and distribution management. The partnership plans to provide customized seminars as well
eRevMax / RateTiger announces strategic growth plan
Leading hospitality technology provider prepares for new global position London, UK, November 5, 2009: Today, eRevMax/RateTiger announced its new corporate and management structure, together with plans for global expansion through organic growth and acquisitions. With the development and introduction of new products over the last few years, eRevMax has become the largest and leading provider of online benchmarking and channel management technology in the hospitality marketplace. Just recently the software company successfully
ReservHOTEL International joins forces with RateTiger
RateTiger - a market leader in online distribution management tools for the hospitality industry - has combined forces with ReservHOTEL, a leading international hotel marketing and service company. ReservHOTEL will use RateTiger’s “RTConnect” product, an XML based system that acts as an interface between multiple reservation systems and over 300 IDS channels worldwide. RTConnect allows reservation systems to consolidate updating of rates and inventory on different IDS channels.