eRevMax and IDeaS Integrate their Systems
RateTiger Shopper Data Now Accessible Within IDeaS Revenue Optimization Solution
MINNEAPOLIS, December 15, 2005. eRevMax and Integrated Decisions and Systems, Inc. (IDeaS) have integrated RTShopper data into IDeaS Revenue Optimization solution.
In an effort to offer hoteliers state-of-the-art comprehensive revenue management, RTShopper rate shopping results have been integrated into IDeaS Pricing and Channel Management functionality. With this integration, hoteliers can easily view the competitive rate offering and use the data to effectively adjust their pricing strategy, taking into consideration their competitor rates across multiple channels. The integration of RTShopper product with it its connectivity to the largest amount of travel sites, brand as well as independent hotels websites, and GDS rates, means that hotels can now implement a more effective pricing strategy based on current market position.
IDeaS is the only revenue management solution that allows competitive rate data to influence its decision algorithms as defined by the hotelier themselves. This level of flexibility is a breakthrough for hoteliers that want a 360 degree view of their operating environment.
"The availability of a fully integrated solution offers hoteliers that use both RateTiger and IDeaS a convenient and powerful method to blend the two solutions, "said Linda Hatfield, Vice President of Product Management for IDeaS. "Rate Tiger enjoys a great reputation throughout Europe and their emphasis on completing the integration speaks to that focus."
"It makes a lot of sense that Rate Shopping and Channel Management Tools are a part of a revenue management system. Revenue management technology assists hotels in maximizing their prices based on a range of factors and the integration of a rate shopping tool, adds to the revenue maximization process a new external factors, such as mark pricing position. We are delighted to work with IDeaS to provide our mutual clients the necessary data to make an educated decision and take their share from a very competitive market," said Andrew Morsi, Founder of eRevMax Technologies Inc.
About eRevMax | eRevMax technologies with its RateTiger Revenue and Distribution Management solutions is servicing over 1,800 hotels in more than 60 cities worldwide.
RTAllocator, the extranet of extranets, allows a hotel to manage all 3rd party websites from just one screen. It connects to over 130 different portals.
RTShopper, a "Real-Time" online rate shopping tool, allows you to see what prices your competitors are offering across different distribution channels, including IDS, GDS and hotels own website (CRS).
RTChannel Manager, for those highly skilled Revenue Managers, we are glad to introduce the "State Of The Art" Channel Management Tool. Shop, maintain, parity, sold out alerts, arrival reports, Weekly Reports, manage confirmation, quick update and much more in one easy to use interface. The future is here with RTChannel Manager.