Hotel Online  Special Report

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TravelCLICK's RateVIEW
Adopted by Interstate
Chicago, IL (January 26, 2004) -  Ray Cohen, president and co-CEO of TravelCLICK, announced today that Interstate Hotels & Resorts has endorsed TravelCLICK's RateVIEW report to its 300 managed properties in the U.S., Canada,  Portugal and Russia. Interstate Hotels & Resorts is the nation's largest independent hotel management company.

RateVIEW is the preferred reporting service by hoteliers who use up-to-the-minute, rather than cached, rate information for their revenue management and pricing decisions.  RateVIEW enables the best possible revenue management decisions  and keeps hotels up to date on property and competitive activity.

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 offers hotels real-time information that is always just minutes  old," said Richard W. Gray, chairman and co-CEO of TravelCLICK.  "This capability is fundamental to maximizing net revenue from both the Internet and the GDS electronic channels in today's competitive marketplace. We are pleased that an independent hotel management company with the accomplishments of Interstate has adopted RateVIEW as part of its key revenue management strategy."

"To achieve top performance and brand consistency, our hotels need real-time information. RateVIEW is superior in its  accuracy, timeliness and presentation of data.  It was a natural decision for all of our properties to adopt the report," said Pam Streeter, vice president of electronic distribution/marketing, Interstate Hotels & Resorts.

This 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. 


 
Contact:
TravelCLICK
Kristina Paider
Director of Marketing
847.585.5238
kpaider@travelclick.net
www.travelclick.net

Stephanie Seacord
Leading Edge
135 Piscassic Road (PO Box 960)
Newfields NH 03856
T: 603-772-1835
F: 603-772-7066
stephanieseacord@msn.com



 
Also See: TravelCLICK's eMarketer Honors To Be Presented at HSMAI Travel Awards Night Gala Dinner Jan. 26, 2004 / January 2004
TravelCLICK's RateVIEW Endorsed by InterContinental Hotels Group's Asia-Pacific Properties / December 2003
Electronic Bookings for European Hotels Increase 5.8% in Q3 / November 2003
Electronic Bookings Up 10.5% in Q3 for Hotels Worldwide; Consumer Internet Component up 51.6% / eMonitor Results / November 2003
Brand Sites Produce 67% of all Major Hotel Chain Internet Reservations / eTRAK Results / October 2003
Hotwire.com Joins TravelCLICK's Consumer Media Network / October 2003
Travel Agents Still Rely on GDS for Hotel Selection; 83% of GDS Terminals Receive Text Messaging/Advertising / Ray Cohen / October 2003
Hilton International Selects TravelCLICK’s RateVIEW / September 2003
TravelCLICK Clients Report High Satisfaction with RateVIEW On-Demand Rate Comparison Tool; Over 1400 Hotels Worldwide Utilize RateVIEW / August 2003
TravelCLICK Interactive Combines With iHotelier / June 2003
TravelCLICK Gives NYU Investment Conference Attendees Real-Time View of Their Properties’ Electronic Distribution Performance / May 2003
Worldwide Hotel Electronic Bookings Up 4.6% in Q1; TravelCLICK’s eMonitor Now Includes Third Party Internet Bookings from Pegasus / TravelCLICK eMonitor / May 2003
TravelCLICK Reports Recovery for Hotel Bookings on Internet and GDS since Onset of Iraq War - Company Issues Tips to Hotels: Don't Stay Quiet / April 2003
Strategic Hotel Capital Endorses TravelCLICK Products / April 2003
Cornell’s Center for Hospitality Research Partners with TravelCLICK to Help Hoteliers Improve Revenue Management Strategies / April 2003
Hotels Experienced Considerable Growth in Room Nights Booked Electronically Through the Global Distribution Systems in Q4; Luxury Segment Room Nights Booked Electronically Grow 21% / TravelCLICK eMonitor / Feb 2003
Electronic Bookings for Worldwide Hotel Industry Show Improvement - TravelCLICK Issues Third Quarter eMonitor / November 2002
Report on Electronic Bookings for Worldwide Hotel Industry Shows Luxury Segment Leads the Way to HotelRecovery in Q2 / TravelCLICK Issues Second Quarter eMonitor / Aug 2002
Room Nights Booked Electronically Down 10% from the First Quarter of 2001, Revenue Off 18% / eMonitor / June 2002
Worldwide Hotel Room Nights Booked Electronically Through the Global Distribution Systems Down 12% Versus 4th Qtr Last Year / eMonitor / Feb 2002


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