Home-Towne Selects AnyRate Software

All Home-Towne Suites Properties to Utilize AnyRate Tools

. October 14, 2008

LEXINGTON, KY, February 22, 2006. Home-Towne Suites today announced it has selected AnyRate Software to provide competitive rate shopping reports and tools to all of its properties. The agreement will allow AnyRate's leading-edge competitive rate shopping tools to become an immediate part of Home-Towne Suite's enhanced revenue management and pricing focus for 2006.

Michael Tetterton, President of Home-Towne Suites, commented that "the addition of the AnyRate tools will allow our Home-Towne Suites properties in all markets to ensure that they are competitively priced and that as a brand we are maximizing revenue throughout our system." In looking for the right partner to provide competitive rate intelligence, Tetterton noted that "it was important for us to have access to quality data in a concise set of reports at an affordable price, and AnyRate was the perfect vendor to meet those needs".

John Romeo, President & CEO of AnyRate Software, stated that "we are extremely pleased that Home-Towne Suites has joined the rapidly growing list of brands and management companies utilizing AnyRate". Romeo further commented that "AnyRate is proud to be associated with a quality organization such as Home-Towne Suites and we look forward to working together with them in the years ahead in helping make their excellent extended-stay properties even more successful."

AnyRate offers a variety of competitive rate shopping reports and tools, via both regularly scheduled reports as well as the Flash real-time rate search tool. AnyRate Flash is a true real-time search tool that conducts rate searches upon customer request, ensuring the freshest, most up-to-date rate intelligence possible. This capability prevents the issue of stale data that can be experienced when some rate shopping vendors utilize "cached" or previously archived data in their "on-demand" report tools.

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