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Chicago IL (September 9, 2003) � Ray Cohen,
president and co-CEO of TravelCLICK, announced today that, after an extensive
evaluation, Hilton International is endorsing TravelCLICK�s RateVIEW Internet
rate intelligence tool to its nearly 400 properties worldwide.
With its selection by Hilton International, TravelCLICK now supplies more than 2,000 hotels with RateVIEW, the leading technology for accessing competitive Internet and GDS rate information in real time. RateVIEW enables hotels to generate rate comparison reports on their competitive set in a wide range of channels, based on user-defined criteria. It is also the only report that allows hotels to separately identify retail from merchant (wholesale) rates on various travel Web sites. The report is accessible on-demand through TravelCLICK�s client extranet, the Electronic Marketing Centre (EMC), a secure, personalized, password-protected site. �Given the intensely competitive nature of the marketplace today, and the increasing importance of having real-time information with which to make dynamic pricing decisions, RateVIEW allows hotels to identify opportunities and changes in rates with information that is always just minutes old,� said Richard W. Gray, chairman and co-CEO of TravelCLICK. �That�s one of the things that makes RateVIEW unique, and this capability is fundamental to maximizing net revenue from both the Internet and the GDS electronic channels.� �Hilton International hotels will use the RateVIEW report to enhance the visibility of competitor pricing and to maintain competitive advantage. With the accessibility of TravelCLICK�s EMC, our hotels have total control and flexibility to generate reports on demand,� said Jerome Wise, director of channel marketing for Hilton International. �Our hotels will be able to make informed decisions, which will create a more competitive environment for the consumer.� 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. The TravelCLICK Interactive division assists hotels with online strategies to increase consumer direct business. 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, 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. |
TravelCLICK Kristina Paider 847.585.5238 [email protected] www.travelclick.net Stephanie Seacord
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