Hotel Online  Special Report


-
Cornell’s Center for Hospitality Research Partners
with TravelCLICK to Help Hoteliers Improve
Revenue Management Strategies




CHICAGO (April 21, 2003). — Soon hoteliers will get answers to key questions affecting reservation booking performance thanks to a new strategic data alliance between The Center for Hospitality Research and TravelCLICK, a firm that provides exclusive knowledge and tools to effectively benchmark hotel booking performance in the electronic marketplace. The new alliance between The Center for Hospitality Research (CHR) at Cornell University’s School of Hotel Administration and TravelCLICK is an opportunity for researchers to have access to a comprehensive database for study.

Hotel School Professor Cathy Enz, executive director of the CHR, said:  “One of the Center’s objectives is to help the industry understand distribution-channel management, and access to the TravelCLICK database will enable our researchers to explore a variety of important aspects of reservation booking.”  Based at the School of Hotel Administration at Cornell University, The Center for Hospitality Research conducts and sponsors research studies aimed at improving the hospitality industry’s fundamental operating knowledge. The Center’s mission is to bring together the best insights of scholarship in hospitality and industry expertise.  Development of the CHR’s research efforts is augmented by an industry perspective through its Advisory Board, and its 26 corporate sponsors. All studies are posted on the CHR web site: http://www.chr.cornell.edu.

“TravelCLICK has a responsibility to provide hoteliers with tools to manage their performance in the GDS and Internet channels," said Ray Cohen, president and co-CEO of TravelCLICK. "We are pleased that Cornell’s CHR will now be utilizing our extensive electronic databases to provide new insights and help that hoteliers can use in making their hotel more successful in the electronic marketplace."

About TravelCLICK
TravelCLICK (www.travelclick.net) is the leading provider of solutions that help hotels and other travel industry suppliers maximize net revenue from electronic distribution channels. TravelCLICK's competitive benchmarking reports provide hotels with price and booking performance information unavailable through any other source. The company's exclusive electronic marketing networks allow hotels and other travel related suppliers to target promotional messages to specific travel agents, consumers, and group meeting planners when they are booking travel. Established in 1996 and headquartered in the Chicago area, TravelCLICK operates in more than 140 countries around the world. The company has over 6,000 clients, including national and international companies such as Accor, Air France, Avis, Best Western International, British Airways, Carlson Hotels Worldwide, Choice Hotels, Fairmont Hotels & Resorts, Four Seasons Hotels & Resorts, Grupo Posadas, Hilton Hotels Corporation, Hyatt Hotels & Resorts, Kempinski Hotels & Resorts, Leading Hotels of the World, Loews Hotels, Lufthansa, Marriott International, Orient Express Hotels, The Peninsula Group, The Ritz-Carlton Hotel Company, SAS, The Savoy Group, Shangri-La Hotels, Sol Melia, Starwood Hotels & Resorts, Thistle Hotels, USAirways, Virgin Atlantic and Wyndham Hotels & Resorts.

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Contact:
TravelCLICK, Inc. 
Kristina Paider 
 847/585-5238 
kpaider@travelclick.net
http://www.travelclick.net
Also See: TravelCLICK Reports Recovery for Hotel Bookings on Internet and GDS since Onset of Iraq War - Company Issues Tips to Hotels: Don't Stay Quiet / April 2003
Hyatt Selects TravelCLICK’s RateVIEW / Mar 2003
TravelCLICK.net Enhances Free GDS Hotel Booking Data Average - Daily Rates Can Now Be Viewed for Over 400 Cities / Feb 2003
Hotels Experienced Considerable Growth in Room Nights Booked Electronically Through the Global Distribution Systems in Q4; Luxury Segment Room Nights Booked Electronically Grow 21% / TravelCLICK eMonitor / Feb 2003
TravelCLICK Offers Bonus GDS Media Impressions for Hotels / Oct 2002
TravelCLICK To Partner With Pegasus Solutions on New 'Internet Hotelligence' Report / Oct 2002
TravelCLICK Digital Media Now Includes Orbitz Advertisements / Sept 2002
Blackstone Group Teams with TravelCLICK; Partnership Demonstrates Stronger Focus of Ownership Groups on Managing Electronic Channels / Sept 2002
TravelCLICK Announces RateVIEW - Develops Next Generation Hospitality Rate Monitoring
Tool with AgentWare / July 2002

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