Chicago, Aug 21, 2000 - Richard W. Gray,
chairman and co-CEO of TravelCLICK, Inc., announced today that Loews Hotels,
Inc. has subscribed to TravelCLICK�s Phaser and Hotelligence Reports data
product lines on a brand-wide basis.
The new Phaser and Hotelligence Reports will provide each of Loews 16
U.S. and Canadian properties with detailed rate and reservation reports
specific to their competitive set. This historical and future pricing and
promotion information will empower Loews to strategically position their
properties to travel agents and potential guests throughout the world and,
thus, maximize revenue.
Phaser integrates information from Central Reservation Systems (CRS)
and Global Distribution Systems (GDS) to provide property executives with
diagnostic tools to adjust future pricing, promotions and restrictions.
Hotelligence Reports deliver sales and marketing information, help evaluate
promotional offers and produce performance baselines against select competitive
sets.
�TravelCLICK�s Phaser and Hotelligence Reports give us the tools to
evaluate our market penetration and placement, and adjust our offerings
accordingly,� said Charlotte St. Martin, executive vice president, Sales
and Marketing, Loews Hotels, Inc. �Not in a long time have I seen a product
as exciting as Hotelligence � one that aggregates the information we need
to determine both short-term and long-term marketing strategies.�
�We are extremely pleased that Loews has chosen to make TravelCLICK�s
comprehensive reporting products their distribution management tools of
choice,� said Gray. �By offering customized, consultative solutions tailored
to their distinct requirements, TravelCLICK will arm Loews Hotels with
detailed data essential to examining their current business position and
setting a course for their future promotions.�
�TravelCLICK data reporting tools offer a one-stop reporting source
to help our hotel clients plan the most effective promotion strategies
for their market needs,� said Ray Cohen, president and co-CEO, TravelCLICK.
�We look forward to helping Loews track market share and travel agency
booking information, as well as providing them with distribution system
analysis and revenue management tools.�
Take control of your hotel's financial future
and get the advice you need to exceed your performance goals. TravelCLICK
offers a cost-effective and flexible way to communicate promotional messages
to travel agents and consumers. We also provide customized reports to help
you analyze the competition.
Data Products
TravelCLICK data products empower hotel managers and the hospitality
industry to track historical and future pricing and promotion trends, and
adjust their property offerings accordingly.
PHASER integrates information from Central Reservation Systems
(CRS) and GDS. This powerful set of diagnostic tools enables hotel executives
to adjust future pricing, promotions and restrictions, and thus, maximize
a property�s potential revenue.
Hotelligence Reports deliver sales and marketing information,
evaluate promotional offers, and produce baseline product and service evaluations
against a specific competitive set. These historical reports equip hotel
executives with broad-based data assessments to enhance their strategic
and operational decision-making and are invaluable in predicting trends
in guest traffic and average daily rate (ADR). Worldspan information will
soon be added to the service�s existing data from Galileo, Sabre, Abacus
and Axcess. Currently, Hotelligence boasts a 95 percent subscriber
retention rate.
ChannelTRAC, the industry�s preeminent benchmarking service,
compiles and normalizes information provided by member hotels in order
to analyze a property�s productivity and consumer demand. |
Media Products
TravelCLICK�s media products provide an extremely effective and efficient
way to offer consumer - specific hotel packages and property news directly
to the travel agent. These media products are interfaced with the travel
agents� system so that only client-relevant offers are displayed.
Galileo Headlines are targeted, relevant messages that appear
on air, hotel and car availability screens at the point of sale on more
than 121,000 terminals worldwide.
Sabre and ABACUS PromoSpots are specific promotional messages
used to reach travel agents at the point of sale on more than 149,000 terminals
worldwide.
Galileo Featured Property provides hotels with priority display
status across all Galileo/Apollo terminals. Client hotels appear at the
top of property lists and are highlighted throughout the screen.
Established in 1996 as Global Marketing Services (GMS),
the company entered into an investment partnership with Bain Capital, Inc.
in 1999 to fuel its expansion. Recently, the company changed its name to
TravelCLICK to reflect an expanded product base.
TravelCLICK has a rapidly growing workforce of over 270
employees spanning more than 140 countries. The company has divisional
offices in New York; Chicago; San Francisco; Geneva, Switzerland; and Melbourne,
Australia.
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TravelCLICK data products provide hotel managers and the hospitality
industry with specified rate and reservation reports culled from the world�s
most comprehensive data sets available. The company�s media products provide
hotels and other travel suppliers with highly targeted, cost-effective
ways to offer packages and property news to travel agents.
Established
in 1996 as Global Marketing Services (GMS), the company entered into an
investment partnership with Bain Capital, Inc. in 1999 to fuel its expansion.
Recently, the company changed its name to TravelCLICK to reflect an expanded
product base, including PHASER, Hotelligence Reports, ChannelTRAK, Galileo
Headlines, Sabre and Abacus PromoSpots, Sabre Virtually There and Galileo
Featured Property.
TravelCLICK customers include thousands of individual properties from
national and international hotel and resort chains, and other travel suppliers,
such as Accor; AirFrance; Avis; British Airways; Choice Management &
Realty Services; Delta Hotels & Resorts; Fairmont Hotels & Resorts;
Forte Hotels; Four Seasons Hotels & Resorts; Hilton Hotels Corporation;
Hyatt Hotels & Resorts; Kimpton Hotel Group; Leading Hotels of the
World; Loews Hotels, Inc.; Lufthansa; Marriott Hotels, Resorts and Suites;
The Peninsula Group; Radisson; The Ritz-Carlton Hotel Co.; SAS; The Savoy
Group; Shangri-La Hotels; Sol Melia; Starwood Hotels & Resorts; USAirways;
Utell International; and Virgin Atlantic. |