Travel
Wholesalers and Retailers Can Use Accovia's Automated Pricing Control Center
to Seamlessly
Apply Business Selling Rules to Pricing |
Montreal, Canada - March 30, 2004 - Accovia Inc., the global leader
in travel packaging technology, today announced the travel industry's first
dynamic Pricing Rule Engine for use with Accovia's web-based Selling System
Platform. The Accovia Pricing Rule Engine automatically applies business
logic to the sales process and provides a pure object oriented platform
for travel industry rule-based systems, simplifying the complex pricing
nature of dynamic packaging.
"Dynamic packaging is more than just a buzzword in the travel industry
today," said Claude Guay, president and CEO of Accovia. "The dynamic pricing
function is key to realizing a comprehensive dynamic packaging solution.
The flexibility afforded by our Pricing Rule Engine -- to seamlessly apply
pricing rules at the individual component level or at the package level
-- gives customers a competitive advantage by removing limitations on product
pricing."
Pricing schemes enforced by the Accovia Pricing Rule Engine range from
relatively simple to complex. Examples include:
-
If length of stay is greater than 5 days at location A then customer gets
discount of 5%.
-
If the package destination is Caribbean with hotel type premium, and the
traveler age is greater than or equal to 18 years old for departure dates
between January 1 to March 31 with a length of stay that is greater than
4 nights, then discount the hotel price by 50% for nights after the fourth
night.
Complex schemes take additional factors into consideration including, but
not limited to: departure and return dates, minimum and maximum stay requirements,
package or individual product codes, passenger type and age, market, brand
and location. The Accovia Selling System Platform displays and discounts
(where applicable) component prices individually or cumulatively, proffering
one reference price based on customer preferences, as opposed to compiling
various brochure and contract prices.
Dynamic packaging is critical to today's travel industry as airlines,
hotels, tour operators and travel agencies realize the financial and commercial
benefits of offering custom packaged travel services to consumers. Enabling
technologies such as Accovia's, allow travel service providers to optimize
revenue and margin by using a selling and distribution system for multi-component
travel services, with a control center for all selling system pricing behavior
- automating the generation of mark-ups and discounts, and simplifying
complex commission and rebate schemes.
About Accovia
 Accovia,
Inc. is the leading provider of travel packaging technology for the travel
industry. The company offers the industry's only Travel Package Management
product suite for procuring, packaging, selling and distributing multi-component
travel services through GDS, call center, Internet and direct channels.
Accovia's technology solutions enable travel wholesalers and retailers
to significantly increase profit margins through the ability to dynamically
create and customize travel packages, which are then sold under a single
price. The company provides the only complete travel distribution service
that cost-effectively connects travel marketers and distributors to GDSs
and Internet travel channels using a single connection. Accovia's
technology solutions can be fully customized and privately labeled to accommodate
diverse business models. More than 40 travel companies in 10 countries
use Accovia's technology to send over 25 million people on trips each year.
Founded in 1985, the company has offices in the United States, Canada and
France. For more information about Accovia visit www.accovia.com.
Accovia is a trademark of Accovia, Inc. Any other marks used in this
document are trademarks or registered trademarks of the manufacturers or
marketers of the products with which the marks are associated. |