Venetian Resort Selects AnyRate Software
Provides Competitive Rate Intelligence Premier Las Vegas Property to Utilize AnyRate Pricing Tools
LAS VEGAS, NV / GERMANTOWN, TN<A. July 12, 2006. The Venetian Resort-Hotel-Casino today announced it has selected AnyRate Software to provide competitive rate intelligence data and reporting to support the hotel's complex revenue management processes and strategy. The long-term agreement will allow AnyRate's leading-edge competitive rate shopping tools to become an immediate component of The Venetian's revenue management and pricing approach for 2006.
John Romeo, President & CEO of AnyRate Software, stated that "we are excited and extremely proud to be the chosen competitive intelligence provider for a prestigious property such as The Venetian." Romeo further commented that "the selection of AnyRate by The Venetian validates AnyRate's position as the vendor with the ability to provide the most flexible and customizable rate shopping program in the hospitality industry today." AnyRate was able to provide a solution tailored to meet The Venetian's unique requirements for pricing intelligence to support the sophisticated revenue management process utilized by the premier resort on the Las Vegas strip.
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.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
