Hotel Online  Special Report



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Electrobug’s Rate Check Adopted
by Eurostars Hotels
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LONDON (March 8, 2005) – Mark Heynen, Managing Director of Electrobug Technologies Ltd, announced today that Eurostars Hotels has selected Electrobug’s Rate Check pricing intelligence tool for all 29 of its properties.  Eurostars’ hotel properties are located in 5 countries and 17 cities across Europe. 

Rate Check is a unique pricing intelligence solution for the hospitality industry that permits users to perform both instant and pre-scheduled real time searches for competitive rates.  Electrobug provides the only competitive rate intelligence solution that provides instant views of cached Web pages, so further research and understanding can be obtained with one click. 

"This partnership will permit Eurostar properties to improve their rate intelligence from both the GDS and the Internet electronic channels," said Heynen in making the announcement. 

"Because Eurostars properties compete against virtually every type of property, we require a rate intelligence solution that can provide us with room night pricing information from virtually any channel, whenever we need it,” said Luis Ramirez, Corporate Revenue Director for Eurostars.   “We evaluated all the solutions available for Eurostars hotels, and we chose Rate Check because it provides the best quality at great values to our properties.”

Electrobug is widely known for its suite of online data retrieval tools for price tracking, currently in use at a number of retailers, airlines, hotels, and online travel agencies. Electrobug provides hotels with enhanced decision support and channel management software. Electrobug’s Rate Change product enables hotels to change rates and allocations on multiple extranets through one interface. By integrating Rate Change with its Rate Check product, Electrobug is offering hotels "One Click Rate Parity", enabling the rebalancing of third party channel rates against the brand web site or GDS with the click of one button. The new Rate Parity Control product enables hotel brands and chains to streamline workflow of unifying individual property rates with corporate pricing and distribution policies.

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About Electrobug Technologies

Electrobug Technologies (www.electrobug.com), based in London, England, was initially conceived on the notion that the "Internet is the database." The company has been active for over five years, and has developed a suite of online data retrieval tools for price tracking, currently in use at a number of retailers, airlines, hotels, and online travel agencies. These tools automatically retrieve prices from various web sites, normalize the data sets, and report the results to a set of customized Excel and HTML reports that are utilized for channel management and competitor price intelligence. Electrobug’s clients include Lufthansa, Sol Melia Hotels & Resorts, Expedia, Lastminute.com, Priceline.com, Sainsburys, and Tesco. 

About Eurostars Hotels 

Eurostars Hotels is a division of the Hotusa Group. The group portfolio features 29 upscale hotels in 5 countries and 17 cities in Europe. With outstanding interior design and high quality services, Eurostars Hotels are designed to suit the needs of the business traveler.


 
Contact:

Electrobug, Inc.
230 Ridge Road
Highland Park, IL  60035
(866)978-4881 toll-free in U.S.
(847)579-1883 Fax
saleshcm@electrobug.com
http://www.electrobug.com/corporate/hotels

Also See: Rafaelhoteles Selects Electrobug’s Rate Check / February 2005
Electrobug Appoints Bruce W. Mainzer to Head New North American Office; Electrobug Expands Rate Intelligence Services for U.S. and Canadian Hotels / December 2004
Electrobug Launches Rate Change & Rate Parity Control, Offering Hotels One-Click Rate Parity / November 2004


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