.
|
|
|
Recommendation Tool, RateADVISOR . Created in partnership with IDeaS, RateADVISOR is the industry�s first rate recommendation tool within a rate shopping solution |
| MINNEAPOLIS, MN (HITEC Conference, June 20, 2006)�TravelCLICK
Inc., a leading provider of hotel business process management (BPM) solutions,
has introduced the newest addition to its market intelligence portfolio,
RateADVISOR. Developed in collaboration with IDeaS, the leader in
revenue management systems, RateADVISOR is a powerful rate recommendation
tool designed for hotels that want to improve their manual pricing processes
and increase profitability.
Incorporated within TravelCLICK�s popular RateVIEW shopping solution, RateADVISOR provides hoteliers with the optimal rate of the day based on competitive market data and the latest revenue management technologies. It uses TravelCLICK�s exclusive real-time market data from its Hotelligence and RateVIEW reports and processes it through the proven IDeaS algorithm that has been optimized for the TravelCLICK data. �Pricing remains a critical element of the consumer buying decision. RateADVISOR helps hotels determine the right rate by day to maximize revenue,� said Scott Farrell, Senior Vice President of Product Management at TravelCLICK. �It is designed to be used as part of a hotel�s overall pricing process�providing quick, actionable recommendations focused on increased revenue.� With just one click, RateADVISOR recommends a
range of optimal daily rates, based on hotel occupancy so that they can
incorporate these recommendations into a hotel�s overall revenue management
strategy quickly and simply. It saves time for key hotel staff, reduces
the impact of turnover and adds consistency to pricing processes.
RateADVISOR is being introduced this week at the Hospitality Industry Technology Exposition and Conference (HITEC) in Minneapolis, MN, along with the total TravelCLICK solution, including market intelligence, reservations and distribution management, and marketing services. HITEC BOOTH # 1309 About IDeaS IDeaS (www.ideas.com) is the leading provider of hospitality-focused pricing and revenue optimization solutions. Headquartered in Minneapolis, IDeaS maintains global technology, support, and sales office in North America, the United Kingdom, Europe, Australia, and Asia. About TravelCLICK
|
| Contact:
TravelCLICK
|
.