TravelCLICK Acquires Vantis International Corporation
Vantis Customers Gain a Full Range of Revenue-Building Reservations and Decision-Support Solutions
SCHAUMBURG, IL, October 25, 2005. TravelCLICK Inc., a leading provider of hotel business process management solutions, announced today that it has acquired Vantis International Corporation, a travel reservations and marketing services firm. The acquisition provides the Vantis customer base of over 5,000 hotels worldwide with access to an exclusive combination of decision-support services and technology that is proven to increase both hotel revenue and profitability.
Headquartered in Calgary, Canada, Vantis offers electronic and voice reservations for hotels, car rental companies, and regional airlines, plus complementary marketing services. Customers include prominent hotel groups such as Historic Hotels of America, Interstate Hotels, Destination Resorts, ResortQuest, and Mandalay Resort Group.
"TravelCLICK is pleased to have this opportunity to serve the Vantis customer base," said Robert Post, President and CEO of TravelCLICK. "Under the new organization, we will offer these customers a full set of solutions beyond traditional reservations and marketing services, including best practice revenue management strategies complemented by decision-support tools rich with market analysis, and focused electronic advertising. For current TravelCLICK customers, this growth will help fuel future product development and open doors to more strategic expansion."
Together, the companies have over 50 years of industry experience and more than 630 employees. The combination is a natural fit that provides both customer-driven and operational synergies. With combined revenues in excess of $100 million, the new entity offers Vantis customers a broader solutions-based hotel offering, industry-leading technology, and enhanced customer service and support infrastructure.
"TravelCLICK's acquisition of Vantis is a distinct win for our customers," said Kelly Blake, President of Vantis International Corporation. "TravelCLICK's financial strength, strong service culture, and enhanced support infrastructure will ensure the highest level of customer satisfaction-and provide our hotels with a full range of solutions that can enhance their processes and profitability."
TravelCLICK's hotel business management solutions provide the right combination of technology and market intelligence to drive long-term growth for small-to-mid sized chains, independent hotels, ownership/management companies, and branded properties.
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