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ReservHOTEL International joins forces with RateTiger

12-03-2008 07:36 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: eRevMax Ltd.

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. Hotelier’s can now centrally manage rates and inventory directly from the reservation system, thus eliminating the need to update and monitor several systems separately.

Another key module of RTConnect allows retrieving of booking information from connected extranets. These bookings are automatically processed through ReservHotel and can be sent directly to the hotels PMS or CRS, thus saving hoteliers the time consuming effort of having to manually enter reservations that arrive via email or fax.

“Working with RateTiger means our 1800 + customers can now benefit from their pioneering technology though our web based system” said Luis Barberi ReservHOTEL’s President and CEO. “This will help our hoteliers take a more pragmatic approach to managing their inventory across a broader range of distribution channels. Hotels can now expand their breadth of distribution and subscribe to additional channels to maximize their online presence and revenue”.

RateTiger products allow hotels to join a larger number of travel booking sites including even small regional and city sites. “RateTiger has been extremely flexible meeting the needs of ReservHOTEL, which supports growth in these challenging times” said Barberi. “We are pleased to offer this functionality to our customers and look forward to developing further ground breaking technologies together with RateTiger .”

“Optimizing online reservations to meet revenue targets has become an increasingly important factor for hoteliers and will continue to grow in significance as more people choose to go to websites to purchase their goods and services,” added Sascha Hausmann, COO at RateTiger . “In order to achieve revenue and occupancy targets, hoteliers should be regularly monitoring and replenishing their inventory across all their distribution channels. RTConnect will allow ReservHOTEL customers to carry out this task quickly and efficiently and with absolute precision. It is a tool that will greatly simplify their inventory management.”

ReservHOTEL is also promoting RateTiger ’s RTShopper product to their customers as the hotel benchmarking tool of choice and is working closely with RateTiger to develop a more integrated solution.

This news follows RateTiger ’s further announced strategic partnerships this year with Utell, EZRMS and Pulse Technologies.

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, now operates in 60 countries and 415 cities across the world and has become the industry-wide benchmark for managing online distribution. The RateTiger product portfolio enables hoteliers to switch from a time-consuming and complicated multi-channel process to a single point of entry to the market, hence allowing for easy update of distribution channels and travel portals, and rate comparison with competitors, in real-time.

Features and Functionality: RateTiger is known for its innovative product offering that allows hoteliers to:
• View current inventory allocation and rates at multiple Web sites on one screen
• Allocate rates and inventory to maximum gain
• Maintain rate/room type plans to reduce manual interference during updates
• Update revised allocation and rates in real-time
• Maintain an updated log of competitor updates
• Access summarized reports to view entire inventory positions
• Access built-in extranet rules, allowing users to adhere to each site’s capabilities and restrictions.

RateTiger is headquartered in New Jersey, U.S., with an office in London and technical development center in India. eRevMax employs more than 170 people across the globe. RateTiger is rapidly expanding across the European and American markets. For more information please visit http://www.ratetiger.com/us.

About ReserveHOTEL
ReservHotel is an international marketing and service company for hotels worldwide.
Our signature, high-tech, reservation systems have propelled our growth and success in this select market since 1991.

The influence of our technological advancements has been widespread making us one of the largest and most innovative hotel representative companies in this industry today.

Based in North Miami Beach, Florida, USA, our company's extended presence reaches throughout the world with international offices in Mexico, Brazil, South Africa, Australia, and Brussels, Belgium where our European Headquarters are located.

For further information, please contact:
Ryan Haynes, RateTiger , +44 (0) 20 7422 7528 / +44 (0) 7825 661575 / +44 (0) 20 82 676561
ryanh@erevmax.com

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