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Hotels Group's Asia-Pacific Properties |
Chicago IL (18 December,
2003) - Ray Cohen, president and co-CEO of TravelCLICK, announced today
that InterContinental Hotels Group has endorsed TravelCLICK's RateVIEW
report to its properties in the Asia-Pacific region.
RateVIEW is the preferred reporting service by hoteliers who use up to the minute (not cached) rate information for their revenue management and pricing decisions. RateVIEW enables the best possible revenue management decisions by providing real time rate intelligence. It is the only report that allows hotels to separately identify retail from merchant (wholesale) rates on various travel Web sites. The report is accessible on-demand through TravelCLICK's client extranet, the Electronic Marketing Centre (EMC), a secure, personalized, password-protected site. "RateVIEW is unique because it offers hotels real-time information that is always just minutes old," said Richard W. Gray, chairman and co-CEO of TravelCLICK. "Given the intensely competitive nature of the marketplace today, this capability is fundamental to maximizing net revenue from both the Internet and the GDS electronic channels. We are pleased that the Asia-Pacific InterContinental Hotel Group properties have adapted the report as part of their 'best business' practices." "To achieve top Web performance, our hotels need real time information. RateVIEW is the only product that hotels can use to get data that is fresh and accurate. We are thrilled to endorse RateVIEW throughout our properties in Asia-Pacific as part of our ongoing strategy to maintain competitive advantage," said Klaus Kohlmayr, director of distribution marketing for the Asia-Pacific region of InterContinental Hotels Group. Early next year, RateVIEW will be upgraded to include scheduled reporting, along with a feature that allows users to identify "fences" associated with the rate (i.e., advance purchase restrictions, cancellation/change penalties, pre-payment). About TravelCLICK TravelCLICK (www.travelclick.net ) is the leading provider of solutions that help hotels and other travel industry suppliers maximize net revenue from electronic distribution channels. TravelCLICK's competitive benchmarking reports provide hotels with price and booking performance information unavailable through any other source. The company's exclusive electronic marketing networks allow hotels and other travel related suppliers to target promotional messages to specific travel agents, consumers, and group meeting planners when they are booking travel. The TravelCLICK Interactive division assists hotels with online strategies to increase consumer direct business. Established in 1996 and headquartered in the Chicago area, TravelCLICK operates in more than 140 countries around the world. The company has over 6,000 clients, including national and international companies such as Accor, Air France, Avis, Best Western International, British Airways, Carlson Hotels Worldwide, Choice Hotels, Fairmont Hotels & Resorts, Four Seasons Hotels & Resorts, Grupo Posadas, Hilton Hotels Corporation, Hyatt Hotels & Resorts, Kempinski Hotels & Resorts, Leading Hotels of the World, Loews Hotels, Lufthansa, Marriott International, NH Hotels, The Peninsula Group, The Ritz-Carlton Hotel Company, SAS, The Savoy Group, Shangri-La Hotels, Sol Melia, Starwood Hotels & Resorts, Thistle Hotels, USAirways, Virgin Atlantic and Wyndham Hotels & Resorts. |
TravelCLICK Kristina Paider 847.585.5238 [email protected] www.travelclick.net Stephanie Seacord
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