Generate Over US$1.7 Billion with eRevMax
February 16, 2015 - eRevMax , the leading hotel technology provider, continues to help hotels increase bookings and propel their online revenue growth. The company behind leading distribution solutions, RateTiger and Connect , facilitated booking revenue worth over US$1.7 billion in 2014 for its hotel clients across the globe.
eRevMax solutions are used by over 20000 properties worldwide which in itself is a testimony of the benefits that the RateTiger and Connect solutions provide to its users. The US$1.7 billion revenue was generated by a cumulative 4.54 million new reservations that eRevMax processed across various channels, equating to $374 for each booking.
“Our 2-way XML integration with leading online sales channels and hotel management systems means we can offer our hotel customers a seamless booking experience, which has been reflected in the numbers. We expect these numbers to grow 5X with our new web-based LIVE dashboard which integrates business processes improvement across multiple 3rd party systems delivered on a single platform to simplify complex day to day revenue management activities. The eRevMax LIVE Network provides integrated rate recommendations, direct booking support, meta-search and payment processing for improved ROI including cost reduction as we all measurable revenue growth. Not only does it mean less hassle and more revenue for hotels, it also brings better business to our channel partners as we help to match market demand with relevant hotel products,” said Greg Berman, Chief Operating Officer at eRevMax .
eRevMax has launched LIVE , its next generation distribution and analytics solution, at WTM London recently. The LIVE platform incorporates the RateTiger and Connect product lines, and merges detailed Competitive Rate Intelligence & Business Analytics with two-way XML channel connectivity for real-time rate and inventory updates coordinated with booking delivery into hotel third party systems.
About eRevMax :
eRevMax provides next generation online distribution & business intelligence solutions to the hospitality industry. The company's new offering is LIVE, a responsive web platform which offers detailed competitor intelligence, comprehensive business performance analytics and reliable channel management capability through secure two-way XML connections. First released in 2001, eRevMax's RateTiger channel manager helps more than 15,000 hoteliers worldwide to increase revenue, streamline business processes and reduce booking acquisition cost through efficient channel management. A further 5,000 hotels use Connect , our electronic distribution gateway which seamlessly integrates channel management functionality with the hotel's internal systems for more than 100 channels.
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 
