Hotel Online  Special Report



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Pegasus Implements Electrobug Technology
to Support Innovative RateChecker Service
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Rate Intelligence Service for Utell by Pegasus Member Hotels
Provides Advanced Technology for Online Tracking
of Competing Room Rates
..
LONDON (March 11, 2005) –Electrobug Technologies Ltd, and Pegasus Solutions, Inc. have launched the new RateChecker™ service for participating Utell by Pegasus™ member hotels.  The innovative rate intelligence solution provides real-time competitive information to improve hotel revenue management decision-making.  Dallas-based Pegasus Solutions is a global leader in providing technology and services to hotels and travel distributors.  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.

Powered by the Web-crawling technology of Electrobug, Pegasus has tailored RateChecker to meet the needs of independent hotels. Hotels using the RateChecker service can select particular Web sites to monitor, and identify certain hotels to compare pricing metrics.  Hoteliers can also monitor various advance booking rates, and contrast rates for differing lengths of stay to ensure profitable everyday pricing.

“We are delighted to work with Pegasus to provide their customers access to our leading channel management toolset,” said Mark Heynen, Managing Director of Electrobug Technologies Ltd.  “Our relationship with Pegasus validates what our own customers have been telling us – our technology is more reliable and flexible than anything on the market today for real-time rate tracking.”  
 
Independent hotels can choose from one of three service options, depending on their requirements in terms of flexibility and competitive set:

  • Bronze - the ideal package for small hotels, monitoring 5 competitors from 5 travel Web sites with a weekly data refresh.
  • Silver - a mid-level package, viewing 7 competitors on 7 Web sites, with data refreshed daily.
  • Gold - a highly flexible package designed for larger hotels in city locations, this level includes real-time monitoring of 10 competitors on up to 20 Web sites.
The RateChecker service can also monitor package deals and multiple-night offerings by hotels, allowing hotel management to view promotions at competing properties that range from two to 30 nights.

“Pegasus Solutions selected Electrobug as business partner because of their market-leading technology” said Peter Fitzgerald, vice president of EMEA sales for Pegasus Solutions.  “RateChecker allows hotels to focus on their main revenue generating activities, whilst letting Pegasus Solutions automation keep tab of changing market conditions” 

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, Expedia, Lastminute.com, Priceline.com, Sainsburys, and Tesco. 

About Pegasus Solutions
Dallas-based Pegasus Solutions, Inc. (Nasdaq: PEGS) is a global leader in providing technology and services to hotels and travel distributors.  Founded in 1989, Pegasus’ customers include a majority of the world’s travel agencies and nearly 60,000 hotel properties around the globe.  Pegasus’ services include central reservation systems, electronic distribution services, commission processing and payment services, property management systems, and marketing representation services.  The company’s representation services, including Utell by Pegasus™ and Unirez by Pegasus™, are used by nearly 8,000 member hotels in 140 countries, making Pegasus the hotel industry’s largest third-party marketing and reservations provider.  Pegasus has 17 offices in 12 countries, including regional hubs in London, Scottsdale and Singapore.  For more information, please visit www.pegs.com.


 
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: Electrobug’s Rate Check Adopted by Eurostars Hotels / March 2005
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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