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Market First for RateTiger’s New Integrated Channel Management

05-21-2008 10:16 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ERevMax Ltd.

RateTiger has launched its ground breaking integrated channel management product today, which enables hoteliers to simplify online sales strategies. It is the only product of its type on the market.

RTChannelManager Plus integrates RateTiger’s market leading revenue management products, RTShopper and RTAllocator into a single screen. This allows hoteliers to see competitor rate information while fixing and updating their own room rates and availabilities.

Hoteliers can now manage rooms and rates across online channels without having to spend valuable time assessing competitors’ rates and understanding their market positioning.

The new product offers hotels greater flexibility and visibility when allocating rooms and setting rates to third party distribution channels helping them gain a greater competitive edge online.

“It is essential that hospitality technologies move with the times; hoteliers have more to deal with now than five years ago,” says Andrew Morsi, CEO & Founder of RateTiger. “Combining RTShopper and RTAllocator into one product was a logical step. With RTChannelManager Plus, users can view, analyse and update rates and availability of their property benchmarking competition in the same screen, a real channel management tool.”

“Hoteliers are faced with more travel websites, more competition and more channel commitments. They are also dealing with an increase in online bookings and far higher expectations from patrons. All this means hoteliers need to streamline their business.”

“Marketing room availability has for a long time been a guessing game for hoteliers”, adds Sascha Hausmann, Chief Operating Officer at RateTiger. “People are more confident in booking their travels online through web booking engines and agencies, now the hospitality industry must update its position in the market.”

The product was unveiled at the last World Travel Market.

RateTiger believes hoteliers need to act smart to stay ahead of the game; this technology will help rates and inventory sales remain flexible and manageable.

Ryan Haynes
Account Director
Results PR
020 7953 7619
ryan.haynes@resultspr.co.uk

About RateTiger:
RateTiger has been a leader in Online Distribution Management tools since 2001 and continues to pioneer new technologies for the hospitality industry. RateTiger, by eRevMax, operates in 60 countries and 415 cities worldwide and has become an industry-wide benchmark for managing online distribution.

RateTiger suites enable hoteliers to switch from time-consuming complicated multi-channel processes to a single point of entry to the market. The products provide competitor rate analysis and updates third-party distribution channels and travel portals, in real-time.

RateTiger is headquartered in the US, with an EMEA HQ in London (UK) and a technical development centre in India. eRevMax employs over 170 people and is rapidly expanding across the European and American markets. For more information please visit http://www.ratetiger.com.

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