British luxury hotel chain selects eRevMax for rate optimization - TravelMole


British luxury hotel chain selects eRevMax for rate optimization

Wednesday, 07 Aug, 2014 0

AB Hotels, a luxury hotel brand in England with exclusive properties, has selected eRevMax to benefit from real-time rate intelligence and competitor price analysis to maintain its market leadership position. RateTiger Shopper will provide the Arch London and Sopwell House St Albans live alerts on rate changes and rate reports for up to 3 years in advance. RateTiger helps hoteliers monitor competitor rates in real-time across third party channels and identify discrepancies to achieve rate and sales position for price optimization and accurate forecasting.

AB Hotels is a collection of three family-owned luxury hotels in London and the South East of England. The group will receive the rate data from RateTiger Shopper to make adjustments to the dynamics of the local market.  The revenue management team will be able to compare rates and packages of its competitors, like-for-like, at both beds and room-type level while also being notified immediately of competitor rate changes through rate alerts.

"AB Hotels is delighted to be working with RateTiger by eRevMax as we endeavour to constantly improve the tools we use for revenue management. RateTiger offers the most detailed and comprehensive solution in the market and this allows us to have more knowledge over our competitors and ensure we are competing as best as possible," said Rafi Bejerano, Director, AB Hotels.

"With RateTiger, the hotel group optimises its current and future rates by matching pricing data ‘apples-to-apples’ for effective rate decision making. RateTiger’s shopping data is in demand for the qualitative and real-time value it provides to hotels. The real-time nature of the data assists  AB Hotels by maximising rate opportunity for each property in its distribution network allowing them to maintain their rate leadership value proposition," said Cristina Blaj, Sales Director, Europe eRevMax.

RateTiger Shopper provides business intelligence data in real time, on-demand online or through scheduled daily / weekly report. eRevMax’s shopping data is in demand for the qualitative and real-time value it provides to hotels.

About eRevMax:

eRevMax is the leading provider of online distribution, channel connectivity, market intelligence and revenue management solutions to the hospitality industry. The company delivers its premium hotel channel management product RateTiger, web-based solution SimpleDistribution and its real-time enterprise connectivity gateway – Connect, to the hospitality and travel industry. Incorporated in 2001, eRevMax serves over 7000 customers and 20000 hotels worldwide with offices and R&D centers across three continents.

For more details, please visit http://www.erevmax.com/ or contact us on [email protected].

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