INTEGRATED REVENUE MANAGEMENT SUITE GIVES HOTELIERS MORE CONTROL AND FLEXIBILITY

12-Nov-2007

Rate Tiger continues to lead in online revenue and distribution management technology with announcement of product innovations

Hoteliers can simplify the management of their online sales strategy with today’s product announcement that Rate Tiger is enhancing its integrated revenue management suite, RT Channel Manager.

RT Channel Manager Plus will see the complete integration of its leading products, RT Shopper and RT Allocator into a single screen, making it even more convenient to view the market position and update rates and availability.

Hoteliers will be able to manage rooms and rates across online channels without the additional paper work and time consuming activities involved in assessing competitors’ rates and positioning themselves in the market.

The single RT Channel Manager Plus screen streamlines revenue management to allow hoteliers to view the market and its inventory in one glance.

The new suite, due for launch in early 2008, will offer hotels greater flexibility when allocating rooms and setting rates to Internet Distribution Systems (IDS) to gain a greater competitive edge online. It will be the only such product on the market.

“It is essential that hospitality technologies move with the times; hoteliers have more to deal with now than five years ago,” says Andrew Morsi, co-founder. “Regulation commitments, increase in online bookings and higher expectations from patrons means hoteliers need to streamline their business. We have been listening to the needs of our customers to develop technologies that are going to save them time and increase the return of investment.”

“Marketing room availability has for a long time been a guessing game for hoteliers,” says Reuel Ghosh, co-founder. “People are more confident booking their travels online through web booking engines and agencies, now the hospitality industry must update its position in the market.

“Hoteliers need to act smart to stay ahead of the game; this technology will help rates and inventory sales remain flexible and manageable.”

Rate Tiger, celebrating its fifth year in operation, is quickly establishing itself as the leader in online hospitality technology suites for hoteliers. The company has expanded across Europe into Germany, France, Benelux and Spain during 2007; in addition it launched accessible packages in the form of RT Shopper Pro/Lite and RT Allocator Pro/Lite.

~ENDS~

About Rate Tiger

Rate Tiger has been a leader in Online Distribution Management tools since 2001 and continues to pioneer new technologies for the hospitality industry. Rate Tiger, 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.

Rate Tiger is headquartered in the US, with a second office in London (UK) and a technical development centre in India. eRevMax employs over 120 people across the globe. Rate Tiger is rapidly expanding across the European and American markets. For more information please visit http://www.ratetiger.com.